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Americanlars Lithium (Americanlars Lithium) PB Ratio : 11.11 (As of Jun. 02, 2024)


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What is Americanlars Lithium PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-06-02), Americanlars Lithium's share price is $0.50. Americanlars Lithium's Book Value per Share for the quarter that ended in Mar. 2024 was $0.05. Hence, Americanlars Lithium's PB Ratio of today is 11.11.

The historical rank and industry rank for Americanlars Lithium's PB Ratio or its related term are showing as below:

ASALF' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6.54
Current: 5.08

During the past 4 years, Americanlars Lithium's highest PB Ratio was 6.54. The lowest was 0.00. And the median was 0.00.

ASALF's PB Ratio is ranked worse than
85.78% of 2377 companies
in the Metals & Mining industry
Industry Median: 1.43 vs ASALF: 5.08

During the past 12 months, Americanlars Lithium's average Book Value Per Share Growth Rate was 125.90% per year.

Back to Basics: PB Ratio


Americanlars Lithium PB Ratio Historical Data

The historical data trend for Americanlars Lithium's PB Ratio 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.

Americanlars Lithium PB Ratio Chart

Americanlars Lithium Annual Data
Trend Sep20 Sep21 Sep22 Sep23
PB Ratio
- - - -

Americanlars Lithium Quarterly Data
Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio 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 - - - - -

Competitive Comparison of Americanlars Lithium's PB Ratio

For the Other Industrial Metals & Mining subindustry, Americanlars Lithium's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Americanlars Lithium's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Americanlars Lithium's PB Ratio distribution charts can be found below:

* The bar in red indicates where Americanlars Lithium's PB Ratio falls into.



Americanlars Lithium PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Americanlars Lithium's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=0.50/0.045
=11.11

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Americanlars Lithium  (OTCPK:ASALF) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Americanlars Lithium PB Ratio Related Terms

Thank you for viewing the detailed overview of Americanlars Lithium's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Americanlars Lithium (Americanlars Lithium) Business Description

Comparable Companies
Traded in Other Exchanges
Address
200 - 551 Howe Street, Vancouver, BC, CAN, V6C 2C2
Website
American Salars Lithium Inc Formerly Blanton Resources Corp is engaged in the acquisition and exploration of mineral properties. The company is currently exploring the Nanaimo Mining Division of British Columbia.

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