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Ivanhoe Mines (TSX:IVN) Price-to-Tangible-Book : 5.07 (As of May. 07, 2024)


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What is Ivanhoe Mines Price-to-Tangible-Book?

As of today (2024-05-07), Ivanhoe Mines's share price is C$19.58. Ivanhoe Mines's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$3.86. Hence, Ivanhoe Mines's Price to Tangible Book Ratio of today is 5.07.

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

TSX:IVN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.32   Med: 1.99   Max: 5.07
Current: 5.07

During the past 13 years, Ivanhoe Mines's highest Price to Tangible Book Ratio was 5.07. The lowest was 0.32. And the median was 1.99.

TSX:IVN's Price-to-Tangible-Book is ranked worse than
87.64% of 2233 companies
in the Metals & Mining industry
Industry Median: 1.31 vs TSX:IVN: 5.07

A closely related ratio is called PB Ratio. As of today, Ivanhoe Mines's share price is C$19.58. Ivanhoe Mines's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$3.87. Hence, Ivanhoe Mines's P/B Ratio of today is 5.05.


Ivanhoe Mines Price-to-Tangible-Book Historical Data

The historical data trend for Ivanhoe Mines'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.

Ivanhoe Mines Price-to-Tangible-Book Chart

Ivanhoe Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.58 2.65 3.91 3.27 3.29

Ivanhoe Mines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.60 3.57 3.25 3.29 4.18

Competitive Comparison of Ivanhoe Mines's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Ivanhoe Mines'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.


Ivanhoe Mines's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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



Ivanhoe Mines Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=19.58/3.863
=5.07

* 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.


Ivanhoe Mines Price-to-Tangible-Book Related Terms

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


Ivanhoe Mines (TSX:IVN) Business Description

Traded in Other Exchanges
Address
999 Canada Place, Suite 606, Vancouver, BC, CAN, V6C 3E1
Ivanhoe Mines Ltd is a diversified mining company focused on advancing its three principal projects in Southern Africa; the expansion of the Kamoa-Kakula Copper Complex in the DRC, the construction of the tier-one Platreef palladium-rhodium-platinum-nickel-copper-gold project in South Africa; and the restart of the historic ultra-high-grade Kipushi zinc-copper-germanium-silver mine, also in the DRC. It is also exploring for new copper discoveries across its circa 2,400km2 of 90-100% owned exploration licences in the Western Foreland, located adjacent to the Kamoa-Kakula Copper Complex.

Ivanhoe Mines (TSX:IVN) Headlines

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