Technology Minerals (LSE:TM1) Price-to-Tangible-Book : 0.34 (As of May. 21, 2024)

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

As of today (2024-05-21), Technology Minerals's share price is £0.00475. Technology Minerals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £0.01. Hence, Technology Minerals's Price to Tangible Book Ratio of today is 0.34.

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

LSE:TM1' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.34 Med: 1.25 Max: 2.03
Current: 0.48

During the past 3 years, Technology Minerals's highest Price to Tangible Book Ratio was 2.03. The lowest was 0.34. And the median was 1.25.

LSE:TM1's Price-to-Tangible-Book is ranked better than
86.13% of 2220 companies
in the Metals & Mining industry
Industry Median: 1.38 vs LSE:TM1: 0.48

A closely related ratio is called PB Ratio. As of today, Technology Minerals's share price is £0.00475. Technology Minerals's Book Value per Sharefor the quarter that ended in Dec. 2023 was £0.01. Hence, Technology Minerals's P/B Ratio of today is 0.34.

Technology Minerals Price-to-Tangible-Book Historical Data

The historical data trend for Technology 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.

Technology Minerals Price-to-Tangible-Book Chart

Technology Minerals Annual Data

Trend

Jun21

Jun22

Jun23

Price-to-Tangible-Book

1.43

1.25

Technology Minerals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	2.03	1.43	1.04	1.25	1.04

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

For the Other Industrial Metals & Mining subindustry, Technology 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.

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

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

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

Technology Minerals Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.00475	/	0.014
	=	0.34

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Technology Minerals Price-to-Tangible-Book Related Terms

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

Technology Minerals (LSE:TM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Technology Minerals PLC (LSE:TM1) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Savile Row, London, GBR, W1S 3PW

Website

https://www.technologyminerals.co.uk

Technology Minerals PLC is a London-based mineral exploration company focused on the exploration of mineral resource projects in Ireland (Li project), Spain (Cu-Co-Ni project), Cameroon (Ni-Co project), and three projects in the USA (Cu-Co, Co, and Ni-Co-Cu projects, respectively).

Technology Minerals (LSE:TM1) Headlines

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