Armada Metals (ASX:AMM) Price-to-Tangible-Book : 0.25 (As of May. 24, 2024)

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What is Armada Metals Price-to-Tangible-Book?

As of today (2024-05-24), Armada Metals's share price is A$0.013. Armada Metals's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was A$0.05. Hence, Armada Metals's Price to Tangible Book Ratio of today is 0.25.

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

ASX:AMM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65 Med: 1.21 Max: 1.22
Current: 0.65

During the past 3 years, Armada Metals's highest Price to Tangible Book Ratio was 1.22. The lowest was 0.65. And the median was 1.21.

ASX:AMM's Price-to-Tangible-Book is ranked better than
66.56% of 2222 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:AMM: 0.65

A closely related ratio is called PB Ratio. As of today, Armada Metals's share price is A$0.013. Armada Metals's Book Value per Sharefor the quarter that ended in Jun. 2023 was A$0.05. Hence, Armada Metals's P/B Ratio of today is 0.25.

Armada Metals Price-to-Tangible-Book Historical Data

The historical data trend for Armada Metals'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.

Armada Metals Price-to-Tangible-Book Chart

Armada Metals Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.21

0.95

1.22

Armada Metals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	1.21	0.78	0.95	0.62	1.22

Competitive Comparison of Armada Metals's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Armada Metals'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.

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

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

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

Armada Metals Price-to-Tangible-Book Calculation

Armada Metals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	0.013	/	0.053
	=	0.25

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.

Armada Metals Price-to-Tangible-Book Related Terms

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

Armada Metals (ASX:AMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Armada Metals Ltd (ASX:AMM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

151 Macquarie Street, Level 7, Sydney, NSW, AUS, 2000

Website

https://www.armadametals.com.au

Armada Metals Ltd is a mineral exploration and development company. It explores nickel, and copper deposits. The business is organized into one segment which is the exploration for metals in Gabon.

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