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Trinex Minerals (ASX:TX3) Price-to-Tangible-Book : 0.09 (As of Nov. 28, 2024)


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

As of today (2024-11-28), Trinex Minerals's share price is A$0.001. Trinex Minerals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.01. Hence, Trinex Minerals's Price to Tangible Book Ratio of today is 0.09.

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

ASX:TX3' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.1   Med: 0.75   Max: 3.68
Current: 0.1

During the past 8 years, Trinex Minerals's highest Price to Tangible Book Ratio was 3.68. The lowest was 0.10. And the median was 0.75.

ASX:TX3's Price-to-Tangible-Book is ranked better than
99.49% of 2171 companies
in the Metals & Mining industry
Industry Median: 1.29 vs ASX:TX3: 0.10

A closely related ratio is called PB Ratio. As of today, Trinex Minerals's share price is A$0.001. Trinex Minerals's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.01. Hence, Trinex Minerals's P/B Ratio of today is 0.09.


Trinex Minerals Price-to-Tangible-Book Historical Data

The historical data trend for Trinex 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.

Trinex Minerals Price-to-Tangible-Book Chart

Trinex Minerals Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Price-to-Tangible-Book
Get a 7-Day Free Trial 1.25 3.46 1.44 0.77 0.25

Trinex Minerals Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1.44 1.13 0.77 0.73 0.25

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

For the Other Industrial Metals & Mining subindustry, Trinex 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.


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

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

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



Trinex Minerals Price-to-Tangible-Book Calculation

Trinex 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 )
=0.001/0.011
=0.09

* 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.


Trinex Minerals Price-to-Tangible-Book Related Terms

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


Trinex Minerals Business Description

Traded in Other Exchanges
N/A
Address
128 Churchill Ave, Subiaco, Perth, WA, AUS, 6008
Trinex Minerals Ltd is an Australian-based resources company exploring for critical minerals, which are essential for the future transitions towards clean energy. The company holds several lithium focused projects in Canada, a base metals resource at its Mt Hardy Project in the Northern Territory, several exciting projects in Western Australia and South Australia.

Trinex Minerals Headlines

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