Infinity Lithium (ASX:INF) Price-to-Tangible-Book : 1.02 (As of May. 25, 2024)

View and export this data going back to 2011. Start your Free Trial

What is Infinity Lithium Price-to-Tangible-Book?

As of today (2024-05-25), Infinity Lithium's share price is A$0.056. Infinity Lithium's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.06. Hence, Infinity Lithium's Price to Tangible Book Ratio of today is 1.02.

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

ASX:INF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.85 Med: 2.73 Max: 8.89
Current: 0.93

During the past 12 years, Infinity Lithium's highest Price to Tangible Book Ratio was 8.89. The lowest was 0.85. And the median was 2.73.

ASX:INF's Price-to-Tangible-Book is ranked better than
68.59% of 2222 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:INF: 0.93

A closely related ratio is called PB Ratio. As of today, Infinity Lithium's share price is A$0.056. Infinity Lithium's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.06. Hence, Infinity Lithium's P/B Ratio of today is 1.02.

Infinity Lithium Price-to-Tangible-Book Historical Data

The historical data trend for Infinity Lithium'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.

Infinity Lithium Price-to-Tangible-Book Chart

Infinity Lithium Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

8.89

8.00

1.31

1.97

1.55

Infinity Lithium 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															2.76	1.97	2.03	1.55	1.82

Competitive Comparison of Infinity Lithium's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Infinity Lithium'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.

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

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

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

Infinity Lithium Price-to-Tangible-Book Calculation

Infinity Lithium's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.056	/	0.055
	=	1.02

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.

Infinity Lithium Price-to-Tangible-Book Related Terms

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

Infinity Lithium (ASX:INF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Infinity Lithium Corp Ltd (ASX:INF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

3PM:Germany

Address

22 Railway Road, Units 32/33, Level 3, Subiaco, Perth, WA, AUS, 6008

Website

https://www.infinitylithium.com

Infinity Lithium Corp Ltd is a mineral development company. Its San Jose Lithium Project is located in the western Spanish region of Extremadura and is in proximity to the town of Caceres. The San Jose Project will be developed by open-pit methods with the ore treated and refined onsite to produce high-quality, battery-grade lithium carbonate.