Haranga Resources (ASX:HAR) Price-to-Tangible-Book : 2.28 (As of May. 14, 2024)

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

As of today (2024-05-14), Haranga Resources's share price is A$0.091. Haranga Resources's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was A$0.04. Hence, Haranga Resources's Price to Tangible Book Ratio of today is 2.28.

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

ASX:HAR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.82 Med: 2.95 Max: 3.67
Current: 1.82

During the past 2 years, Haranga Resources's highest Price to Tangible Book Ratio was 3.67. The lowest was 1.82. And the median was 2.95.

ASX:HAR's Price-to-Tangible-Book is ranked worse than
62.54% of 2232 companies
in the Metals & Mining industry
Industry Median: 1.35 vs ASX:HAR: 1.82

A closely related ratio is called PB Ratio. As of today, Haranga Resources's share price is A$0.091. Haranga Resources's Book Value per Sharefor the quarter that ended in Jun. 2023 was A$0.04. Hence, Haranga Resources's P/B Ratio of today is 2.28.

Haranga Resources Price-to-Tangible-Book Historical Data

The historical data trend for Haranga 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.

Haranga Resources Price-to-Tangible-Book Chart

Haranga Resources Annual Data

Trend

Dec22

Dec23

Price-to-Tangible-Book

2.22

3.67

Haranga Resources Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	-	1.02	2.22	3.00	3.67

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

For the Other Precious Metals & Mining subindustry, Haranga 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.

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

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

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

Haranga Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	0.091	/	0.04
	=	2.28

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.

Haranga Resources Price-to-Tangible-Book Related Terms

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

Haranga Resources (ASX:HAR) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

65E0:Germany

Address

63 Shepperton Road, Suite 7, Victoria Park, WA, AUS, 6100

Website

https://www.haranga.com

Haranga Resources Ltd is engaged in exploring gold and uranium assets in West Africa. Its project portfolio includes Issia Gold Project, Burkina Faso, Uranium Today, and Saraya Uranium Project.

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