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Livent (LTS:0A6T) Price-to-Tangible-Book : 2.69 (As of May. 13, 2024)


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What is Livent Price-to-Tangible-Book?

As of today (2024-05-13), Livent's share price is $26.05. Livent's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $9.68. Hence, Livent's Price to Tangible Book Ratio of today is 2.69.

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

LTS:0A6T' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.16   Med: 3.08   Max: 5.16
Current: 1.16

During the past 7 years, Livent's highest Price to Tangible Book Ratio was 5.16. The lowest was 1.16. And the median was 3.08.

LTS:0A6T's Price-to-Tangible-Book is ranked better than
71.42% of 1487 companies
in the Chemicals industry
Industry Median: 1.83 vs LTS:0A6T: 1.16

A closely related ratio is called PB Ratio. As of today, Livent's share price is $26.05. Livent's Book Value per Sharefor the quarter that ended in Sep. 2023 was $9.69. Hence, Livent's P/B Ratio of today is 2.69.


Livent Price-to-Tangible-Book Historical Data

The historical data trend for Livent'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.

Livent Price-to-Tangible-Book Chart

Livent Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - 5.31 3.24

Livent Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.45 3.24 3.00 2.83 2.69

Competitive Comparison of Livent's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Livent'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.


Livent's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Livent's Price-to-Tangible-Book distribution charts can be found below:

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



Livent Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=26.05/9.678
=2.69

* 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.

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

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.


Livent Price-to-Tangible-Book Related Terms

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


Livent (LTS:0A6T) Business Description

Traded in Other Exchanges
Address
1818 Market Street, Philadelphia, PA, USA, 19103
Arcadium Lithium is a pure-play lithium producer that was formed in the Allkem-Livent merger in January 2024. Arcadium should benefit from increased lithium demand via higher electric vehicle adoption, as lithium is a key component of EV batteries. The company's low-cost lithium carbonate production comes from two brine resources in Argentina. Arcadium also produces spodumene, a hard rock lithium upstream concentrate, from a mine in Australia and operates downstream lithium hydroxide conversion plants in the United States and China.

Livent (LTS:0A6T) Headlines

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