Altura Mining Ltd
ASX:AJM
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Johnson & Johnson
NYSE:JNJ
|
US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
US |
|
Bank of America Corp
NYSE:BAC
|
US |
|
Mastercard Inc
NYSE:MA
|
US |
|
UnitedHealth Group Inc
NYSE:UNH
|
US |
|
Exxon Mobil Corp
NYSE:XOM
|
US |
|
Pfizer Inc
NYSE:PFE
|
US |
|
Nike Inc
NYSE:NKE
|
US |
|
Visa Inc
NYSE:V
|
US |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
CN |
|
JPMorgan Chase & Co
NYSE:JPM
|
US |
|
Coca-Cola Co
NYSE:KO
|
US |
|
Verizon Communications Inc
NYSE:VZ
|
US |
|
Chevron Corp
NYSE:CVX
|
US |
|
Walt Disney Co
NYSE:DIS
|
US |
|
PayPal Holdings Inc
NASDAQ:PYPL
|
US |
P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (425.4), the stock would be worth AU$0.07 (0% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 425.4 | AU$0.07 |
0%
|
| 3-Year Average | 425.4 | AU$0.07 |
0%
|
| 5-Year Average | 425.4 | AU$0.07 |
0%
|
| Industry Average | 3.2 | AU$0 |
-99%
|
| Country Average | 2.7 | AU$0 |
-99%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
|
Altura Mining Ltd
ASX:AJM
|
209m AUD | 425.4 | -2.9 | |
| AU |
|
BHP Group Ltd
ASX:BHP
|
285.2B AUD | 3.9 | 19.4 | |
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
280.8B AUD | 3.6 | 20 | |
| UK |
|
Rio Tinto PLC
LSE:RIO
|
119.4B GBP | 2.7 | 15.8 | |
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
1.6T MXN | 3.9 | 17.8 | |
| CH |
|
Glencore PLC
LSE:GLEN
|
64.8B GBP | 2.2 | 236.3 | |
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
248.9B SAR | 4 | 33.9 | |
| CN |
|
CMOC Group Ltd
SSE:603993
|
414.4B CNY | 5 | 20.4 | |
| UK |
|
Anglo American PLC
LSE:AAL
|
42.8B GBP | 3.2 | -15.1 | |
| CN |
C
|
China Molybdenum Co Ltd
OTC:CMCLF
|
51.8B USD | 4.3 | 17.5 | |
| ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
44.5B ZAR | 0.7 | 34.6 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.3 |
| Max | 2 199.4 |
Other Multiples
Altura Mining Ltd
Glance View
Altura Mining Ltd. is a mining and exploration company, which engages in the provision of mining services, including drilling and geology services. The company is headquartered in Perth, Western Australia and currently employs 4,000 full-time employees. The company went IPO on 2001-01-08. The firm is focused on the mining, processing, and sale of lithium ore at the Altura Lithium Project in the Pilbara region of Western Australia. Its is also engaged in electric vehicle (EV) revolution and have developed particular expertise in the EV and lithium supply chain. Its segments include lithium mining, exploration services, and mineral exploration. The lithium mining segment is engaged in the sale of spodumene concentrate to its customers. The exploration services segment offers a range of drilling services to its customers, predominately mining, and exploration companies. The mineral exploration segment is engaged in mineral exploration activities. The firm's wholly-owned subsidiaries include Altura Drilling Pty Ltd, Altura Minerals Pty Ltd, Minvest Australia Pty Ltd, Minvest International Corporation, Altura Asia Pte Ltd, PT Altura Indonesia and others.
