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Electra Battery Materials (TSXV:ELBM) Price-to-Tangible-Book : 0.42 (As of May. 22, 2024)


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What is Electra Battery Materials Price-to-Tangible-Book?

As of today (2024-05-22), Electra Battery Materials's share price is C$0.63. Electra Battery Materials's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$1.49. Hence, Electra Battery Materials's Price to Tangible Book Ratio of today is 0.42.

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

TSXV:ELBM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.24   Med: 0.63   Max: 4.25
Current: 0.42

During the past 12 years, Electra Battery Materials's highest Price to Tangible Book Ratio was 4.25. The lowest was 0.24. And the median was 0.63.

TSXV:ELBM's Price-to-Tangible-Book is ranked better than
88.37% of 2219 companies
in the Metals & Mining industry
Industry Median: 1.39 vs TSXV:ELBM: 0.42

A closely related ratio is called PB Ratio. As of today, Electra Battery Materials's share price is C$0.63. Electra Battery Materials's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$1.49. Hence, Electra Battery Materials's P/B Ratio of today is 0.42.


Electra Battery Materials Price-to-Tangible-Book Historical Data

The historical data trend for Electra Battery Materials'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.

Electra Battery Materials Price-to-Tangible-Book Chart

Electra Battery Materials Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 1.64 1.76 0.63 0.34

Electra Battery Materials Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.63 0.91 0.38 0.36 0.34

Competitive Comparison of Electra Battery Materials's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Electra Battery Materials'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.


Electra Battery Materials's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Electra Battery Materials's Price-to-Tangible-Book falls into.



Electra Battery Materials Price-to-Tangible-Book Calculation

Electra Battery Materials's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.63/1.491
=0.42

* 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.


Electra Battery Materials Price-to-Tangible-Book Related Terms

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


Electra Battery Materials (TSXV:ELBM) Business Description

Traded in Other Exchanges
Address
133 Richmond Street West, Suite 602, Toronto, ON, CAN, M5H 2L3
Electra Battery Materials Corp is building North America's fully integrated, localized, and environmentally sustainable battery materials park. Electra Battery Materials is an integral part of the North American battery supply chain, providing low-carbon, sustainable, and traceable raw materials for the region's fast growing electric vehicle industry.
Executives
Michael Insulan Senior Officer
Trent Mell Senior Officer