Pacific Nickel Mines (ASX:PNM) Price-to-Tangible-Book : 0.67 (As of May. 13, 2024)

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What is Pacific Nickel Mines Price-to-Tangible-Book?

As of today (2024-05-13), Pacific Nickel Mines's share price is A$0.028. Pacific Nickel Mines's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.04. Hence, Pacific Nickel Mines's Price to Tangible Book Ratio of today is 0.67.

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

ASX:PNM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.29 Med: 1.65 Max: 3.23
Current: 0.7

During the past 13 years, Pacific Nickel Mines's highest Price to Tangible Book Ratio was 3.23. The lowest was 0.29. And the median was 1.65.

ASX:PNM's Price-to-Tangible-Book is ranked better than
75.72% of 2232 companies
in the Metals & Mining industry
Industry Median: 1.35 vs ASX:PNM: 0.70

A closely related ratio is called PB Ratio. As of today, Pacific Nickel Mines's share price is A$0.028. Pacific Nickel Mines's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.04. Hence, Pacific Nickel Mines's P/B Ratio of today is 0.67.

Pacific Nickel Mines Price-to-Tangible-Book Historical Data

The historical data trend for Pacific Nickel Mines'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.

Pacific Nickel Mines Price-to-Tangible-Book Chart

Pacific Nickel Mines Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

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2.33

2.00

1.90

2.08

1.50

Pacific Nickel Mines 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															2.05	2.08	1.80	1.50	1.98

Competitive Comparison of Pacific Nickel Mines's Price-to-Tangible-Book

For the Gold subindustry, Pacific Nickel Mines'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.

Pacific Nickel Mines's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Pacific Nickel Mines's Price-to-Tangible-Book falls into.

Pacific Nickel Mines Price-to-Tangible-Book Calculation

Pacific Nickel Mines's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.028	/	0.042
	=	0.67

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.

Pacific Nickel Mines Price-to-Tangible-Book Related Terms

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

Pacific Nickel Mines (ASX:PNM) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

PCFNF:USA

Address

283 George Street, Level 4, Sydney, NSW, AUS, 2000

Website

https://www.pacificnickel.com

Pacific Nickel Mines Ltd is engaged in the operation, development, and exploration of mineral deposits. The company operates through two geographical segments: Lorena and Solomon Islands. The Lorena segment is engaged in the development of the company's main project, the Lorena Gold Project near Cloncurry in northwest Queensland. The Solomon Islands segment includes development of the company's interest in the Kolosori Nickel Project and Jejevo Nickel Project on the Santa Isabel Island. It operates within one segment which is mineral exploration and development in Australia.