Ozz Resources (ASX:OZZ) Price-to-Tangible-Book : 4.08 (As of Jun. 03, 2024)

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What is Ozz Resources Price-to-Tangible-Book?

As of today (2024-06-03), Ozz Resources's share price is A$0.049. Ozz Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.01. Hence, Ozz Resources's Price to Tangible Book Ratio of today is 4.08.

The historical rank and industry rank for Ozz Resources's Price-to-Tangible-Book or its related term are showing as below:

ASX:OZZ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.35 Med: 7.09 Max: 8.89
Current: 4.9

During the past 2 years, Ozz Resources's highest Price to Tangible Book Ratio was 8.89. The lowest was 2.35. And the median was 7.09.

ASX:OZZ's Price-to-Tangible-Book is ranked worse than
86.58% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:OZZ: 4.90

A closely related ratio is called PB Ratio. As of today, Ozz Resources's share price is A$0.049. Ozz Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.01. Hence, Ozz Resources's P/B Ratio of today is 4.08.

Ozz Resources Price-to-Tangible-Book Historical Data

The historical data trend for Ozz Resources's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ozz Resources Price-to-Tangible-Book Chart

Ozz Resources Annual Data

Trend

Jun22

Jun23

Price-to-Tangible-Book

8.89

7.50

Ozz Resources Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	2.35	8.89	-	7.50	6.67

Competitive Comparison of Ozz Resources's Price-to-Tangible-Book

For the Gold subindustry, Ozz Resources's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ozz Resources's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ozz Resources's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ozz Resources's Price-to-Tangible-Book falls into.

Ozz Resources Price-to-Tangible-Book Calculation

Ozz Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.049	/	0.012
	=	4.08

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Ozz Resources Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Ozz Resources's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Ozz Resources (ASX:OZZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ozz Resources Ltd (ASX:OZZ) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 St Georges Terrace, Level 3, Perth, WA, AUS, 6000

Website

https://www.ozzresources.com.au

Ozz Resources Ltd is a Perth-based and Western Australian-focused gold and base metal explorer. Its projects include Mount Davis Project, Peterwangy Project, Maguires Reward Project, Rabbit Bore Project, and Wardarbie South Project.

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