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Wesizwe Platinum (JSE:WEZ) Price-to-Tangible-Book : 0.21 (As of May. 25, 2024)


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What is Wesizwe Platinum Price-to-Tangible-Book?

As of today (2024-05-25), Wesizwe Platinum's share price is R0.50. Wesizwe Platinum's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was R2.41. Hence, Wesizwe Platinum's Price to Tangible Book Ratio of today is 0.21.

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

JSE:WEZ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.19   Med: 0.28   Max: 0.57
Current: 0.21

During the past 13 years, Wesizwe Platinum's highest Price to Tangible Book Ratio was 0.57. The lowest was 0.19. And the median was 0.28.

JSE:WEZ's Price-to-Tangible-Book is ranked better than
97.66% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs JSE:WEZ: 0.21

A closely related ratio is called PB Ratio. As of today, Wesizwe Platinum's share price is R0.50. Wesizwe Platinum's Book Value per Sharefor the quarter that ended in Dec. 2023 was R2.42. Hence, Wesizwe Platinum's P/B Ratio of today is 0.21.


Wesizwe Platinum Price-to-Tangible-Book Historical Data

The historical data trend for Wesizwe Platinum'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.

Wesizwe Platinum Price-to-Tangible-Book Chart

Wesizwe Platinum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.26 0.57 0.51 0.19

Wesizwe Platinum 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 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 0.57 0.59 0.51 0.65 0.19

Competitive Comparison of Wesizwe Platinum's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Wesizwe Platinum'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.


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

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

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



Wesizwe Platinum Price-to-Tangible-Book Calculation

Wesizwe Platinum's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.50/2.414
=0.21

* 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.


Wesizwe Platinum Price-to-Tangible-Book Related Terms

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


Wesizwe Platinum (JSE:WEZ) Business Description

Traded in Other Exchanges
Address
9 Autumn Road, Wesizwe House, Devcon Park, Rivonia Extension 3, Johannesburg, ZAF, 2128
Wesizwe Platinum Ltd is an African company. It's engaged in mining exploration and infrastructure development. The primary focus of the company is the exploration of Platinum group metals and strategic metals from its Bakubung platinum mine project located in Africa. The company does not generate cash flows from operations to fund its activities and therefore relies upon the issuance of securities for financing. The company has not determined yet whether its properties contain mineral reserves that are economically recoverable.

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