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Widgie Nickel (ASX:WIN) Price-to-Tangible-Book : 0.31 (As of May. 22, 2024)


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What is Widgie Nickel Price-to-Tangible-Book?

As of today (2024-05-22), Widgie Nickel's share price is A$0.042. Widgie Nickel's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.14. Hence, Widgie Nickel's Price to Tangible Book Ratio of today is 0.31.

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

ASX:WIN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.3   Med: 1.72   Max: 2.68
Current: 0.3

During the past 1 years, Widgie Nickel's highest Price to Tangible Book Ratio was 2.68. The lowest was 0.30. And the median was 1.72.

ASX:WIN's Price-to-Tangible-Book is ranked better than
95.45% of 2220 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ASX:WIN: 0.30

A closely related ratio is called PB Ratio. As of today, Widgie Nickel's share price is A$0.042. Widgie Nickel's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.14. Hence, Widgie Nickel's P/B Ratio of today is 0.31.


Widgie Nickel Price-to-Tangible-Book Historical Data

The historical data trend for Widgie Nickel'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.

Widgie Nickel Price-to-Tangible-Book Chart

Widgie Nickel Annual Data
Trend Jun23
Price-to-Tangible-Book
1.59

Widgie Nickel Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23
Price-to-Tangible-Book - 1.85 2.68 1.59 0.67

Competitive Comparison of Widgie Nickel's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Widgie Nickel'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.


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

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

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



Widgie Nickel Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.042/0.135
=0.31

* 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.


Widgie Nickel Price-to-Tangible-Book Related Terms

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


Widgie Nickel (ASX:WIN) Business Description

Traded in Other Exchanges
Address
220 St Georges Terrace, Level 4, Perth, WA, AUS, 6000
Widgie Nickel Ltd is a nickel exploration and development company. Its projects include Widgie South, Widgie North, Widgie West, and Lake Eaton-Mt Eaton. The company operates in given segments comprised of exploration and development activities over the Mt Edwards Project. It operates in a single geographical area which is Australia.

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