GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cobalt Blue Holdings Ltd (ASX:COB) » Definitions » Price-to-Tangible-Book

Cobalt Blue Holdings (ASX:COB) Price-to-Tangible-Book : 0.56 (As of May. 23, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Cobalt Blue Holdings Price-to-Tangible-Book?

As of today (2024-05-23), Cobalt Blue Holdings's share price is A$0.094. Cobalt Blue Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.17. Hence, Cobalt Blue Holdings's Price to Tangible Book Ratio of today is 0.56.

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

ASX:COB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.55   Med: 1.71   Max: 6.14
Current: 0.55

During the past 6 years, Cobalt Blue Holdings's highest Price to Tangible Book Ratio was 6.14. The lowest was 0.55. And the median was 1.71.

ASX:COB's Price-to-Tangible-Book is ranked better than
82.04% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.4 vs ASX:COB: 0.55

A closely related ratio is called PB Ratio. As of today, Cobalt Blue Holdings's share price is A$0.094. Cobalt Blue Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.17. Hence, Cobalt Blue Holdings's P/B Ratio of today is 0.56.


Cobalt Blue Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Cobalt Blue Holdings'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.

Cobalt Blue Holdings Price-to-Tangible-Book Chart

Cobalt Blue Holdings Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.98 0.79 2.26 4.52 1.49

Cobalt Blue Holdings Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3.89 4.52 3.17 1.49 1.41

Competitive Comparison of Cobalt Blue Holdings's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Cobalt Blue Holdings'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.


Cobalt Blue Holdings's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Cobalt Blue Holdings's Price-to-Tangible-Book falls into.



Cobalt Blue Holdings Price-to-Tangible-Book Calculation

Cobalt Blue Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.094/0.167
=0.56

* 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.


Cobalt Blue Holdings Price-to-Tangible-Book Related Terms

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


Cobalt Blue Holdings (ASX:COB) Business Description

Traded in Other Exchanges
Address
100 Miller Street, Suite 17.03, Level 17, North Sydney, Sydney, NSW, AUS, 2060
Cobalt Blue Holdings Ltd focuses upon the development and commercialisation of the Broken Hill Cobalt Deposit, Broken Hill, NSW. Its only operating segment being the exploration and evaluation of early-stage cobalt resources. The company's other project includes the Thackaringa Cobalt Project.

Cobalt Blue Holdings (ASX:COB) Headlines

From GuruFocus

FNB United Corp. Reports Operating Results (10-K)

By gurufocus 10qk 03-14-2011

Weekly CFO Buys Highlight: FNBN, PTEK, VNR, DNR

By gurujk gurujk 01-07-2013

FNB United Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 11-06-2009

FNB United Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 05-17-2010