OD6 Metals (ASX:OD6) Price-to-Tangible-Book : 0.81 (As of May. 25, 2024)

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What is OD6 Metals Price-to-Tangible-Book?

As of today (2024-05-25), OD6 Metals's share price is A$0.063. OD6 Metals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.08. Hence, OD6 Metals's Price to Tangible Book Ratio of today is 0.81.

The historical rank and industry rank for OD6 Metals's Price-to-Tangible-Book or its related term are showing as below:

ASX:OD6' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.78 Med: 2.28 Max: 4.07
Current: 0.79

During the past 2 years, OD6 Metals's highest Price to Tangible Book Ratio was 4.07. The lowest was 0.78. And the median was 2.28.

ASX:OD6's Price-to-Tangible-Book is ranked better than
70.73% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:OD6: 0.79

A closely related ratio is called PB Ratio. As of today, OD6 Metals's share price is A$0.063. OD6 Metals's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.08. Hence, OD6 Metals's P/B Ratio of today is 0.81.

OD6 Metals Price-to-Tangible-Book Historical Data

The historical data trend for OD6 Metals'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.

OD6 Metals Price-to-Tangible-Book Chart

OD6 Metals Annual Data

Trend

Jun22

Jun23

Price-to-Tangible-Book

1.88

2.67

OD6 Metals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	-	1.88	4.07	2.67	1.79

Competitive Comparison of OD6 Metals's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, OD6 Metals'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.

OD6 Metals's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, OD6 Metals's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where OD6 Metals's Price-to-Tangible-Book falls into.

OD6 Metals Price-to-Tangible-Book Calculation

OD6 Metals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.063	/	0.078
	=	0.81

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.

OD6 Metals Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of OD6 Metals's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

OD6 Metals (ASX:OD6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » OD6 Metals Ltd (ASX:OD6) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/- LCP Group, 50 Kings Park Road, Level 1, West Perth, Perth, WA, AUS, 6005

Website

https://www.od6metals.com.au

OD6 Metals Ltd is a mineral exploration company focused on the discovery and potential development of large-scale rare earth element (REE) deposits. The company holds a 100% interest in the Splinter Rock Project and Grass Patch Project which are located in the Goldfields-Esperance region of Western Australia, approximately 30 to 150km north of the major port and town of Esperance.

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