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Greenstone Resources (ASX:GSR) Price-to-Tangible-Book : 0.68 (As of May. 30, 2024)


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What is Greenstone Resources Price-to-Tangible-Book?

As of today (2024-05-30), Greenstone Resources's share price is A$0.013. Greenstone Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.02. Hence, Greenstone Resources's Price to Tangible Book Ratio of today is 0.68.

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

ASX:GSR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.25   Med: 1.12   Max: 2.54
Current: 0.65

During the past 13 years, Greenstone Resources's highest Price to Tangible Book Ratio was 2.54. The lowest was 0.25. And the median was 1.12.

ASX:GSR's Price-to-Tangible-Book is ranked better than
79.74% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:GSR: 0.65

A closely related ratio is called PB Ratio. As of today, Greenstone Resources's share price is A$0.013. Greenstone Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.02. Hence, Greenstone Resources's P/B Ratio of today is 0.68.


Greenstone Resources Price-to-Tangible-Book Historical Data

The historical data trend for Greenstone Resources'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.

Greenstone Resources Price-to-Tangible-Book Chart

Greenstone Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.76 0.90 1.95 0.85

Greenstone Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.37 1.95 1.78 0.85 0.37

Competitive Comparison of Greenstone Resources's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Greenstone Resources'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.


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

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

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



Greenstone Resources Price-to-Tangible-Book Calculation

Greenstone Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.013/0.019
=0.68

* 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.


Greenstone Resources Price-to-Tangible-Book Related Terms

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


Greenstone Resources (ASX:GSR) Business Description

Traded in Other Exchanges
N/A
Address
16 Ord Street, Level 2, West Perth, Perth, WA, AUS, 6005
Greenstone Resources Ltd is a Western Australian engaged in the activity of gold, nickel and cobalt exploration and development. In addition, the company has an interest in the Mt Thirsty joint venture, which is involved in the exploration, evaluation and development of cobalt and nickel in Western Australia. The company's other projects are Burbanks, Phillips Find, and Mt Thirsty Cobalt-Nickel projects. Geographically, the firm operates in Australia.

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