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IberAmerican Lithium (NEOE:IBER) PB Ratio : 7.83 (As of Jun. 08, 2024)


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What is IberAmerican 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 (2024-06-08), IberAmerican Lithium's share price is C$0.18. IberAmerican Lithium's Book Value per Share for the quarter that ended in Mar. 2024 was C$0.02. Hence, IberAmerican Lithium's PB Ratio of today is 7.83.

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

NEOE:IBER' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 10.43
Current: 7.83

During the past 3 years, IberAmerican Lithium's highest PB Ratio was 10.43. The lowest was 0.00. And the median was 0.00.

NEOE:IBER's PB Ratio is ranked worse than
90.88% of 2380 companies
in the Metals & Mining industry
Industry Median: 1.4 vs NEOE:IBER: 7.83

Back to Basics: PB Ratio


IberAmerican Lithium PB Ratio Historical Data

The historical data trend for IberAmerican 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.

IberAmerican Lithium PB Ratio Chart

IberAmerican Lithium Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
- - 5.00

IberAmerican Lithium Quarterly Data
Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial - - 4.35 5.00 5.22

Competitive Comparison of IberAmerican Lithium's PB Ratio

For the Other Industrial Metals & Mining subindustry, IberAmerican 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.


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

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

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



IberAmerican 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=0.18/0.023
=7.83

* 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.


IberAmerican Lithium  (NEOE:IBER) 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.


IberAmerican Lithium PB Ratio Related Terms

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


IberAmerican Lithium (NEOE:IBER) Business Description

Traded in Other Exchanges
Address
3400 – 22 Adelaide S. W, Toronto, ON, CAN, M5H 4E3
IberAmerican Lithium Corp is engaged in the acquisition and exploration of mineral resource properties in Spain, namely its lithium exploration project beneficially owned and controlled by its subsidiary.
Executives
Serafino Iacono 10% Security Holder, Director

IberAmerican Lithium (NEOE:IBER) Headlines