Latin Resources Ltd
ASX:LRS
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 (4.5), the stock would be worth AU$0.17 (1% upside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 4.5 | AU$0.17 |
0%
|
| 3-Year Average | 4.5 | AU$0.17 |
+1%
|
| 5-Year Average | 4.5 | AU$0.17 |
+1%
|
| Industry Average | 3.2 | AU$0.12 |
-28%
|
| Country Average | 2.7 | AU$0.1 |
-40%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
|
Latin Resources Ltd
ASX:LRS
|
461.9m AUD | 4.5 | -24.8 | |
| AU |
|
BHP Group Ltd
ASX:BHP
|
285.2B AUD | 3.9 | 19.4 | |
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
280.8B AUD | 3.6 | 19.9 | |
| UK |
|
Rio Tinto PLC
LSE:RIO
|
118.8B GBP | 2.7 | 15.7 | |
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
1.5T MXN | 3.8 | 17.2 | |
| CH |
|
Glencore PLC
LSE:GLEN
|
64.7B GBP | 2.2 | 236 | |
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
248.9B SAR | 4 | 33.9 | |
| CN |
|
CMOC Group Ltd
SSE:603993
|
406.5B CNY | 4.8 | 19.6 | |
| UK |
|
Anglo American PLC
LSE:AAL
|
41.5B GBP | 3.1 | -14.7 | |
| 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
Latin Resources Ltd
Glance View
Latin Resources Ltd. engages in the identification and definition of mineral resources in Latin America. The company is headquartered in Leederville, Western Australia. The company went IPO on 2010-09-21. The Company’s projects include Noombenberry Halloysite Project, Yarara Copper-Gold Project, Burdette - Manildra Gold project, Boree Creek Project, The Gundagai Project, Catamarca Lithium Project, Salinas Lithium Project and MT03 Copper project. Noombenberry Halloysite Project is located approximately 300 kilometers (km) from Perth Western Australia. The Project comprises seven granted exploration licenses covering an area of approximately 567 square kilometer (km2) over a strike extent of 106 km. The Yarara Gold Project is located approximately 70 km east of Albury in New South Wales, within the Lachlan Fold Belt. The Burdette - Manildra Gold Project is located approximately 30 km west of Orange, New South Wales. The firm holds exploration concessions in San Luis Province, Central Argentina.
