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Griffin Mining (LSE:GFM) Price-to-Tangible-Book : 1.47 (As of May. 12, 2024)


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What is Griffin Mining Price-to-Tangible-Book?

As of today (2024-05-12), Griffin Mining's share price is £1.545. Griffin Mining's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was £1.05. Hence, Griffin Mining's Price to Tangible Book Ratio of today is 1.47.

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

LSE:GFM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.46   Med: 0.77   Max: 1.47
Current: 1.47

During the past 13 years, Griffin Mining's highest Price to Tangible Book Ratio was 1.47. The lowest was 0.46. And the median was 0.77.

LSE:GFM's Price-to-Tangible-Book is ranked worse than
52.83% of 2230 companies
in the Metals & Mining industry
Industry Median: 1.35 vs LSE:GFM: 1.47

A closely related ratio is called PB Ratio. As of today, Griffin Mining's share price is £1.545. Griffin Mining's Book Value per Sharefor the quarter that ended in Jun. 2023 was £1.05. Hence, Griffin Mining's P/B Ratio of today is 1.47.


Griffin Mining Price-to-Tangible-Book Historical Data

The historical data trend for Griffin Mining'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.

Griffin Mining Price-to-Tangible-Book Chart

Griffin Mining Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.72 0.95 0.80 0.65

Griffin Mining Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.97 0.80 0.78 0.65 0.75

Competitive Comparison of Griffin Mining's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Griffin Mining'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.


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

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

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



Griffin Mining Price-to-Tangible-Book Calculation

Griffin Mining's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=1.545/1.053
=1.47

* 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.


Griffin Mining Price-to-Tangible-Book Related Terms

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


Griffin Mining (LSE:GFM) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM11
Griffin Mining Ltd is a mining and investment company. It is principally engaged in mining and exploration activities. The company is engaged in the Caijiaying zinc gold mine in the PRC.

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