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Eureka Lithium (XCNQ:ERKA) Price-to-Tangible-Book : 0.66 (As of May. 30, 2024)


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

As of today (2024-05-30), Eureka Lithium's share price is C$0.10. Eureka Lithium's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$0.15. Hence, Eureka Lithium's Price to Tangible Book Ratio of today is 0.66.

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

XCNQ:ERKA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.6   Med: 4.58   Max: 75
Current: 0.67

During the past 3 years, Eureka Lithium's highest Price to Tangible Book Ratio was 75.00. The lowest was 0.60. And the median was 4.58.

XCNQ:ERKA's Price-to-Tangible-Book is ranked better than
76.45% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs XCNQ:ERKA: 0.67

A closely related ratio is called PB Ratio. As of today, Eureka Lithium's share price is C$0.10. Eureka Lithium's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$0.15. Hence, Eureka Lithium's P/B Ratio of today is 0.66.


Eureka Lithium Price-to-Tangible-Book Historical Data

The historical data trend for Eureka 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.

Eureka Lithium Price-to-Tangible-Book Chart

Eureka Lithium Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Tangible-Book
- 9.09 2.90

Eureka Lithium Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only 9.09 75.00 2.65 2.90 1.32

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

For the Other Industrial Metals & Mining subindustry, Eureka 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.


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

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

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



Eureka Lithium Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.10/0.152
=0.66

* 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.


Eureka Lithium Price-to-Tangible-Book Related Terms

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


Eureka Lithium (XCNQ:ERKA) Business Description

Traded in Other Exchanges
Address
666 Burrard Street, 2800 Park Place, Vancouver, BC, CAN, V6C 2Z7
Eureka Lithium Corp is a junior mining company engaged in the acquisition, exploration, and development of mineral properties. It has a Lithium project in Nunavik which are Raglan West District, Raglan South District, and New Leaf District.
Executives
Jeffrey Wilson Director, Senior Officer

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