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Gold Hydrogen (ASX:GHY) Price-to-Tangible-Book : 11.09 (As of May. 12, 2024)


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What is Gold Hydrogen Price-to-Tangible-Book?

As of today (2024-05-12), Gold Hydrogen's share price is A$1.83. Gold Hydrogen's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was A$0.17. Hence, Gold Hydrogen's Price to Tangible Book Ratio of today is 11.09.

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

ASX:GHY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.39   Med: 1.39   Max: 10.76
Current: 10.76

During the past 2 years, Gold Hydrogen's highest Price to Tangible Book Ratio was 10.76. The lowest was 1.39. And the median was 1.39.

ASX:GHY's Price-to-Tangible-Book is ranked worse than
96.02% of 929 companies
in the Oil & Gas industry
Industry Median: 1.36 vs ASX:GHY: 10.76

A closely related ratio is called PB Ratio. As of today, Gold Hydrogen's share price is A$1.83. Gold Hydrogen's Book Value per Sharefor the quarter that ended in Jun. 2023 was A$0.17. Hence, Gold Hydrogen's P/B Ratio of today is 11.09.

Gold Hydrogen Price-to-Tangible-Book Historical Data

The historical data trend for Gold Hydrogen'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.

Gold Hydrogen Price-to-Tangible-Book Chart

Gold Hydrogen Annual Data
Trend Jun22 Jun23
Price-to-Tangible-Book
- 1.39

Gold Hydrogen Semi-Annual Data
Jun22 Jun23
Price-to-Tangible-Book - 1.39

Competitive Comparison of Gold Hydrogen's Price-to-Tangible-Book

For the Oil & Gas E&P subindustry, Gold Hydrogen'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.

Gold Hydrogen's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gold Hydrogen's Price-to-Tangible-Book distribution charts can be found below:

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


Gold Hydrogen Price-to-Tangible-Book Calculation

Gold Hydrogen's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=1.83/0.165
=11.09

* 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:

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.

Gold Hydrogen Price-to-Tangible-Book Related Terms

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

Gold Hydrogen (ASX:GHY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gold Hydrogen Ltd (ASX:GHY) » Definitions » Price-to-Tangible-Book
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Traded in Other Exchanges
GHYLF:USA
Address
110 Eagle Street, Suite 3, Level 14, Brisbane, QLD, AUS, 4000
Website
https://www.goldhydrogen.com.au
Gold Hydrogen Ltd engages in the exploration of a natural hydrogen prospective resource in Australia. It holds 100% interest in the Ramsay Project, a Gold Hydrogen exploration project in South Australia.