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SQX Resources (ASX:SQX) Price-to-Tangible-Book : 0.86 (As of May. 25, 2024)


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

As of today (2024-05-25), SQX Resources's share price is A$0.097. SQX Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.11. Hence, SQX Resources's Price to Tangible Book Ratio of today is 0.86.

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

ASX:SQX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.83   Med: 1.1   Max: 1.15
Current: 0.88

During the past 0 years, SQX Resources's highest Price to Tangible Book Ratio was 1.15. The lowest was 0.83. And the median was 1.10.

ASX:SQX's Price-to-Tangible-Book is ranked better than
67.54% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:SQX: 0.88

A closely related ratio is called PB Ratio. As of today, SQX Resources's share price is A$0.097. SQX Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.11. Hence, SQX Resources's P/B Ratio of today is 0.86.


SQX Resources Price-to-Tangible-Book Historical Data

The historical data trend for SQX 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.

SQX Resources Price-to-Tangible-Book Chart

SQX Resources Annual Data
Trend
Price-to-Tangible-Book

SQX Resources Semi-Annual Data
Dec22 Jun23 Dec23
Price-to-Tangible-Book - 1.05 1.15

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

For the Other Industrial Metals & Mining subindustry, SQX 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.


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

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

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



SQX Resources Price-to-Tangible-Book Calculation

SQX 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 )
=0.097/0.113
=0.86

* 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.


SQX Resources Price-to-Tangible-Book Related Terms

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


SQX Resources (ASX:SQX) Business Description

Traded in Other Exchanges
N/A
Address
371 Queen Street, Level 1, Brisbane, QLD, AUS, 4000
SQX Resources Ltd is an early-stage exploration company. It engages in acquiring, exploring, evaluating, and exploiting mineral resource projects. Its mineral prospects comprise Scrub Paddock Prospect and the Ollenburgs Prospect.

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