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Foremost Lithium Resource & Technology (XCNQ:FAT) Price-to-Tangible-Book : 1.18 (As of Jun. 03, 2024)


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What is Foremost Lithium Resource & Technology Price-to-Tangible-Book?

As of today (2024-06-03), Foremost Lithium Resource & Technology's share price is C$3.29. Foremost Lithium Resource & Technology's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was C$2.80. Hence, Foremost Lithium Resource & Technology's Price to Tangible Book Ratio of today is 1.18.

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

XCNQ:FAT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65   Med: 3.42   Max: 69.44
Current: 1.18

During the past 13 years, Foremost Lithium Resource & Technology's highest Price to Tangible Book Ratio was 69.44. The lowest was 0.65. And the median was 3.42.

XCNQ:FAT's Price-to-Tangible-Book is ranked better than
69.57% of 1482 companies
in the Chemicals industry
Industry Median: 1.785 vs XCNQ:FAT: 1.18

A closely related ratio is called PB Ratio. As of today, Foremost Lithium Resource & Technology's share price is C$3.29. Foremost Lithium Resource & Technology's Book Value per Sharefor the quarter that ended in Sep. 2023 was C$2.80. Hence, Foremost Lithium Resource & Technology's P/B Ratio of today is 1.18.


Foremost Lithium Resource & Technology Price-to-Tangible-Book Historical Data

The historical data trend for Foremost Lithium Resource & Technology'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.

Foremost Lithium Resource & Technology Price-to-Tangible-Book Chart

Foremost Lithium Resource & Technology Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.58 0.65 4.45 8.03 3.25

Foremost Lithium Resource & Technology Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 6.31 3.15 3.25 2.30 1.80

Competitive Comparison of Foremost Lithium Resource & Technology's Price-to-Tangible-Book

For the Chemicals subindustry, Foremost Lithium Resource & Technology'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.


Foremost Lithium Resource & Technology's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Foremost Lithium Resource & Technology's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Foremost Lithium Resource & Technology's Price-to-Tangible-Book falls into.



Foremost Lithium Resource & Technology Price-to-Tangible-Book Calculation

Foremost Lithium Resource & Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=3.29/2.795
=1.18

* 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.


Foremost Lithium Resource & Technology Price-to-Tangible-Book Related Terms

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


Foremost Lithium Resource & Technology (XCNQ:FAT) Business Description

Traded in Other Exchanges
Address
700 West Georgia Street, Suite 2500, Vancouver, BC, CAN, V7Y 1K8
Foremost Lithium Resource & Technology Ltd is a hard-rock exploration company strategically located to capitalize on the growing EV appetite and is committed to being a supplier of North America's lithium feedstock. As the transition towards decarbonization, the company is focused on the exploration and growth of its five Lithium Lane Projects in Snow Lake Manitoba. It also has the Winston Gold/Silver Property in New Mexico, USA.
Executives
Sead Hamzagic Senior Officer