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Alpha Lithium (NEOE:ALLI) Price-to-Tangible-Book : 3.67 (As of May. 16, 2024)


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What is Alpha Lithium Price-to-Tangible-Book?

As of today (2024-05-16), Alpha Lithium's share price is C$1.47. Alpha Lithium's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was C$0.40. Hence, Alpha Lithium's Price to Tangible Book Ratio of today is 3.67.

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

NEOE:ALLI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.68   Med: 2.95   Max: 216.67
Current: 3.68

During the past 13 years, Alpha Lithium's highest Price to Tangible Book Ratio was 216.67. The lowest was 0.68. And the median was 2.95.

NEOE:ALLI's Price-to-Tangible-Book is not ranked
in the Metals & Mining industry.
Industry Median: 1.35 vs NEOE:ALLI: 3.68

A closely related ratio is called PB Ratio. As of today, Alpha Lithium's share price is C$1.47. Alpha Lithium's Book Value per Sharefor the quarter that ended in Sep. 2023 was C$0.40. Hence, Alpha Lithium's P/B Ratio of today is 3.67.


Alpha Lithium Price-to-Tangible-Book Historical Data

The historical data trend for Alpha Lithium'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.

Alpha Lithium Price-to-Tangible-Book Chart

Alpha Lithium Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 5.48 2.95 2.82 2.98

Alpha Lithium Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 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 2.20 2.98 2.29 3.45 3.52

Competitive Comparison of Alpha Lithium's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Alpha Lithium'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.


Alpha Lithium's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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



Alpha Lithium Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=1.47/0.401
=3.67

* 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.


Alpha Lithium Price-to-Tangible-Book Related Terms

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


Alpha Lithium (NEOE:ALLI) Business Description

Traded in Other Exchanges
N/A
Address
535 Thurlow Street, Suite 801, Vancouver, BC, CAN, V6E 3L2
Alpha Lithium Corp is a Canada-based exploration company. It is focused on the acquisition and development of high-grade lithium brine deposits. The company holds an interest in the Tolillar Project.

Alpha Lithium (NEOE:ALLI) Headlines

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