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Solis Minerals (ASX:SLM) Price-to-Tangible-Book : 0.65 (As of May. 13, 2024)


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What is Solis Minerals Price-to-Tangible-Book?

As of today (2024-05-13), Solis Minerals's share price is A$0.10. Solis Minerals's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was A$0.16. Hence, Solis Minerals's Price to Tangible Book Ratio of today is 0.65.

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

ASX:SLM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.24   Med: 1.17   Max: 2.83
Current: 0.63

During the past 13 years, Solis Minerals's highest Price to Tangible Book Ratio was 2.83. The lowest was 0.24. And the median was 1.17.

ASX:SLM's Price-to-Tangible-Book is ranked better than
76.12% of 2232 companies
in the Metals & Mining industry
Industry Median: 1.35 vs ASX:SLM: 0.63

A closely related ratio is called PB Ratio. As of today, Solis Minerals's share price is A$0.10. Solis Minerals's Book Value per Sharefor the quarter that ended in Feb. 2024 was A$0.16. Hence, Solis Minerals's P/B Ratio of today is 0.65.


Solis Minerals Price-to-Tangible-Book Historical Data

The historical data trend for Solis Minerals'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.

Solis Minerals Price-to-Tangible-Book Chart

Solis Minerals Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.07 3.31

Solis Minerals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.95 3.31 2.61 1.06 0.84

Competitive Comparison of Solis Minerals's Price-to-Tangible-Book

For the Copper subindustry, Solis Minerals'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.


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

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

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



Solis Minerals Price-to-Tangible-Book Calculation

Solis Minerals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=0.10/0.155
=0.65

* 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.

It can also be calculated from the numbers for the whole company:

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.


Solis Minerals Price-to-Tangible-Book Related Terms

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


Solis Minerals (ASX:SLM) Business Description

Traded in Other Exchanges
Address
Unit 3, 32 Harrogate Street, West Leederville, Perth, WA, AUS, 6017
Solis Minerals Ltd is a resource exploration company engaged in the acquisition, exploration, and development of mineral resource properties. The Company operates in a single reportable operating segment being the exploration and development of mineral properties. The company is focused on the acquisition of the Mostazal copper project located in Chile. It also holds an interest in Ilo Este and Ilo Norte Project in Peru.