Iron Road Ltd
ASX:IRD
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 (0.4), the stock would be worth AU$0.02 (44% upside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.3 | AU$0.01 |
0%
|
| 3-Year Average | 0.4 | AU$0.02 |
+44%
|
| 5-Year Average | 0.5 | AU$0.02 |
+74%
|
| Industry Average | 3.2 | AU$0.16 |
+1 015%
|
| Country Average | 2.7 | AU$0.13 |
+824%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
|
Iron Road Ltd
ASX:IRD
|
11.7m AUD | 0.3 | -0.1 | |
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
102B ZAR | 1.9 | 7 | |
| BR |
|
Vale SA
BOVESPA:VALE3
|
367B BRL | 2 | 26.6 | |
| US |
|
Nucor Corp
NYSE:NUE
|
49B USD | 2.3 | 28.2 | |
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
60.9B AUD | 2 | 11.1 | |
| AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
37B EUR | 2.1 | 11.4 | |
| LU |
|
ArcelorMittal SA
AEX:MT
|
38.4B EUR | 0.8 | 14.1 | |
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
3.1T INR | 3.7 | 40.9 | |
| US |
|
Steel Dynamics Inc
NASDAQ:STLD
|
32.8B USD | 3.6 | 23.9 | |
| IN |
|
Tata Steel Ltd
NSE:TATASTEEL
|
2.6T INR | 2.8 | 28.5 | |
| US |
|
Carpenter Technology Corp
NYSE:CRS
|
21.3B USD | 10.7 | 48.8 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.3 |
| Max | 2 199.4 |
Other Multiples
Iron Road Ltd
Glance View
Iron Road Ltd. engages in the development and exploration of iron ore properties. The company is headquartered in Adelaide, South Australia. The company went IPO on 2008-06-12. The firm is focused on exploration and development of its projects. Its projects include the Central Eyre Iron Project and Gawler Iron Project. The Central Eyre Iron Project is located on the Eyre Peninsula of South Australia and is a collection of three iron occurrences, such as Warramboo, Kopi and Hambidge. The company is also focused on the development of Cape Hardy Stage I port. The Gawler Iron Project is located in South Australia, along the eastern margin of the Great Victoria Desert approximately 200 kilometers southwest of Coober Pedy. The Gawler Iron Project area covers approximately 3380 square kilometers and includes over ten areas of known iron occurrences, such as the Mount Christie deposit. The firm's subsidiaries include IRD Corporate Services Pty Ltd, IRD Group Finance Pty Ltd, IRD Port Assets Midco Pty Ltd and IRD Port Assets Pty Ltd.
