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United Lithium (XCNQ:ULTH) Price-to-Tangible-Book : 0.79 (As of Oct. 09, 2024)


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What is United Lithium Price-to-Tangible-Book?

As of today (2024-10-09), United Lithium's share price is C$0.22. United Lithium's Tangible Book per Share of Apr. 2024 for the quarter that ended in Apr. 2024 was C$0.28. Hence, United Lithium's Price to Tangible Book Ratio of today is 0.79.

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

XCNQ:ULTH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.79   Med: 2.2   Max: 23.1
Current: 0.79

During the past 7 years, United Lithium's highest Price to Tangible Book Ratio was 23.10. The lowest was 0.79. And the median was 2.20.

XCNQ:ULTH's Price-to-Tangible-Book is ranked better than
69.8% of 2192 companies
in the Metals & Mining industry
Industry Median: 1.33 vs XCNQ:ULTH: 0.79

A closely related ratio is called PB Ratio. As of today, United Lithium's share price is C$0.22. United Lithium's Book Value per Sharefor the quarter that ended in Apr. 2024 was C$0.28. Hence, United Lithium's P/B Ratio of today is 0.79.


United Lithium Price-to-Tangible-Book Historical Data

The historical data trend for United Lithium'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.

United Lithium Price-to-Tangible-Book Chart

United Lithium Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Price-to-Tangible-Book
Get a 7-Day Free Trial 12.35 - 2.00 0.95 2.09

United Lithium Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 1.38 2.09 3.00 1.39 1.39

Competitive Comparison of United Lithium's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, United Lithium'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.


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

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

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



United Lithium Price-to-Tangible-Book Calculation

United Lithium's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Apr. 2024 )
=0.22/0.28
=0.79

* 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.


United Lithium Price-to-Tangible-Book Related Terms

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


United Lithium Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 710, Vancouver, BC, CAN, V6E 2Y3
United Lithium Corp is engaged in the acquisition and exploration of mineral properties. It holds an interest in the Bergby Lithium Project located in Sweden, the Liberty Lithium Project, Patriot Lithium Project and Freedom Lithium Project located in USA and the Kietyonmaki Lithium Project located in Finland.

United Lithium Headlines

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