Discovery Lithium (XCNQ:DCLI) Price-to-Tangible-Book : 0.56 (As of May. 24, 2024)

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

As of today (2024-05-24), Discovery Lithium's share price is C$0.145. Discovery Lithium's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was C$0.26. Hence, Discovery Lithium's Price to Tangible Book Ratio of today is 0.56.

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

XCNQ:DCLI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.54 Med: 1.34 Max: 2.96
Current: 0.56

During the past 2 years, Discovery Lithium's highest Price to Tangible Book Ratio was 2.96. The lowest was 0.54. And the median was 1.34.

XCNQ:DCLI's Price-to-Tangible-Book is ranked better than
81.55% of 2222 companies
in the Metals & Mining industry
Industry Median: 1.38 vs XCNQ:DCLI: 0.56

A closely related ratio is called PB Ratio. As of today, Discovery Lithium's share price is C$0.145. Discovery Lithium's Book Value per Sharefor the quarter that ended in Oct. 2023 was C$0.26. Hence, Discovery Lithium's P/B Ratio of today is 0.56.

Discovery Lithium Price-to-Tangible-Book Historical Data

The historical data trend for Discovery 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.

Discovery Lithium Price-to-Tangible-Book Chart

Discovery Lithium Annual Data

Trend

Jan22

Jan23

Price-to-Tangible-Book

0.79

Discovery Lithium Quarterly Data
	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Price-to-Tangible-Book	Get a 7-Day Free Trial			1.08	0.79	1.34	2.96	1.81

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

For the Gold subindustry, Discovery 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.

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

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

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

Discovery Lithium Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Oct. 2023 )
	=	0.145	/	0.259
	=	0.56

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.

Discovery Lithium Price-to-Tangible-Book Related Terms

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

Discovery Lithium (XCNQ:DCLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Discovery Lithium Inc (XCNQ:DCLI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

DCLIF:USA Q3Q0:Germany

Address

1110 Hamilton Strett, Suite 306, Vancouver, BC, CAN, V6B 2S2

Website

ISM Resources Corp is a junior exploration company engaged in the exploration and development of the ESN Property, Koster Dam Property, and Quet Gold Ridge and Fire Creek Property. It is engaged in the business of gold mineral exploration.

Discovery Lithium (XCNQ:DCLI) Headlines

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