Magmatic Resources (ASX:MAG) Price-to-Tangible-Book : 10.38 (As of May. 27, 2024)

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

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

As of today (2024-05-27), Magmatic Resources's share price is A$0.083. Magmatic Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.01. Hence, Magmatic Resources's Price to Tangible Book Ratio of today is 10.38.

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

ASX:MAG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.25 Med: 3.34 Max: 11.5
Current: 8.3

During the past 7 years, Magmatic Resources's highest Price to Tangible Book Ratio was 11.50. The lowest was 1.25. And the median was 3.34.

ASX:MAG's Price-to-Tangible-Book is ranked worse than
93.07% of 2223 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:MAG: 8.30

A closely related ratio is called PB Ratio. As of today, Magmatic Resources's share price is A$0.083. Magmatic Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.01. Hence, Magmatic Resources's P/B Ratio of today is 10.38.

Magmatic Resources Price-to-Tangible-Book Historical Data

The historical data trend for Magmatic 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.

Magmatic Resources Price-to-Tangible-Book Chart

Magmatic Resources Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.51

6.64

3.68

2.00

6.43

Magmatic Resources Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial									3.00	2.00	4.04	6.43	6.13

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

For the Gold subindustry, Magmatic 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.

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

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

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

Magmatic Resources Price-to-Tangible-Book Calculation

Magmatic 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 )
	=	0.083	/	0.008
	=	10.38

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.

Magmatic Resources Price-to-Tangible-Book Related Terms

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

Magmatic Resources (ASX:MAG) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Hampden Road, Suite 7, Nedlands, Perth, WA, AUS, 6009

Website

https://www.magmaticresources.com

Magmatic Resources Ltd is an Australian focused mineral exploration company. The projects include Wellington North Gold and Copper-Gold Project, Parkes Project, Myall Gold-Copper Project, and Base Metals Project It operates in one segment being gold exploration projects in Australia.