Lithium Royalty (TSX:LIRC) Price-to-Tangible-Book : 2.07 (As of May. 12, 2024)

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

As of today (2024-05-12), Lithium Royalty's share price is C$7.36. Lithium Royalty's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$3.56. Hence, Lithium Royalty's Price to Tangible Book Ratio of today is 2.07.

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

TSX:LIRC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.88 Med: 2.5 Max: 2.5
Current: 2.07

During the past 5 years, Lithium Royalty's highest Price to Tangible Book Ratio was 2.50. The lowest was 1.88. And the median was 2.50.

TSX:LIRC's Price-to-Tangible-Book is ranked worse than
66.46% of 2230 companies
in the Metals & Mining industry
Industry Median: 1.35 vs TSX:LIRC: 2.07

A closely related ratio is called PB Ratio. As of today, Lithium Royalty's share price is C$7.36. Lithium Royalty's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$3.56. Hence, Lithium Royalty's P/B Ratio of today is 2.07.

Lithium Royalty Price-to-Tangible-Book Historical Data

The historical data trend for Lithium Royalty'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.

Lithium Royalty Price-to-Tangible-Book Chart

Lithium Royalty Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

2.50

Lithium Royalty Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial							-	4.52	3.78	3.21	2.50

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

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

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

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

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

Lithium Royalty Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	7.36	/	3.555
	=	2.07

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.

Lithium Royalty Price-to-Tangible-Book Related Terms

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

Lithium Royalty (TSX:LIRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Royalty Corp (TSX:LIRC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

LITRF:USA X1Q:Germany

Address

1133 Yonge Street, 5th Floor, Toronto, ON, CAN, M4T 2Y7

Website

https://www.lithiumroyaltycorp.com

Lithium Royalty Corp is a lithium-focused royalty company organized in Canada. The firm with affiliates or joint venture partners has established a portfolio of royalties on mineral properties that supply and are expected to supply raw materials to support the electrification and decarbonization of the global economy.

Executives

Blair Levinsky

Director, Senior Officer

Lithium Royalty (TSX:LIRC) Headlines

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