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NioCorp Developments (TSX:NB) Price-to-Tangible-Book : (As of Jun. 06, 2024)


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What is NioCorp Developments Price-to-Tangible-Book?

As of today (2024-06-06), NioCorp Developments's share price is C$3.43. NioCorp Developments's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$-0.08. Hence, NioCorp Developments's Price to Tangible Book Ratio of today is .

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

During the past 13 years, NioCorp Developments's highest Price to Tangible Book Ratio was 53.47. The lowest was 2.43. And the median was 20.73.

TSX:NB's Price-to-Tangible-Book is not ranked *
in the Metals & Mining industry.
Industry Median: 1.33
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, NioCorp Developments's share price is C$3.43. NioCorp Developments's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$-0.08. Hence, NioCorp Developments's P/B Ratio of today is .


NioCorp Developments Price-to-Tangible-Book Historical Data

The historical data trend for NioCorp Developments'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.

NioCorp Developments Price-to-Tangible-Book Chart

NioCorp Developments Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.86 53.29 26.98 11.00 -

NioCorp Developments 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 - - - - -

Competitive Comparison of NioCorp Developments's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, NioCorp Developments'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.


NioCorp Developments's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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



NioCorp Developments Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=3.43/-0.078
=

* 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.


NioCorp Developments Price-to-Tangible-Book Related Terms

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


NioCorp Developments (TSX:NB) Business Description

Traded in Other Exchanges
Address
7000 South Yosemite Street, Suite 115, Centennial, CO, USA, 80112
NioCorp Developments Ltd is a pure play critical minerals project in Nebraska that plans to produce niobium, scandium, titanium, and magnetic rare earths. The Elk Creek Project is the highest-grade Niobium project under development in North America and is the second largest indicated or rare earth Mineral Resource in the United States. All of NioCorp's planned products are designed as critical by the United States Government. All are vital to clean technologies and the global energy transition.
Executives
Anna Castner Wightman Director
Mark Smith Director, Senior Officer