TG Metals Ltd
ASX:TG6
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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 (1.1), the stock would be worth AU$0.15 (11% upside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1 | AU$0.14 |
0%
|
| 3-Year Average | 1.1 | AU$0.15 |
+11%
|
| 5-Year Average | 1.1 | AU$0.16 |
+13%
|
| Industry Average | 3.2 | AU$0.46 |
+227%
|
| Country Average | 2.7 | AU$0.38 |
+171%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
T
|
TG Metals Ltd
ASX:TG6
|
16.9m AUD | 1 | -8.1 | |
| AU |
|
BHP Group Ltd
ASX:BHP
|
281.5B AUD | 3.9 | 19.2 | |
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
279.5B AUD | 3.6 | 19.8 | |
| UK |
|
Rio Tinto PLC
LSE:RIO
|
118.8B GBP | 2.7 | 15.5 | |
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
1.5T MXN | 3.8 | 17 | |
| CH |
|
Glencore PLC
LSE:GLEN
|
64.7B GBP | 2.2 | 238.4 | |
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
248.9B SAR | 4 | 33.9 | |
| CN |
|
CMOC Group Ltd
SSE:603993
|
395.4B CNY | 4.8 | 19.5 | |
| UK |
|
Anglo American PLC
LSE:AAL
|
41.5B GBP | 3.1 | -14.8 | |
| CN |
C
|
China Molybdenum Co Ltd
OTC:CMCLF
|
47.1B USD | 3.9 | 15.9 | |
| ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
43.1B ZAR | 0.7 | 33.4 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.3 |
| Max | 2 199.4 |
Other Multiples
TG Metals Ltd
Glance View
TG Metals Ltd is a AU-based company operating in Metals & Mining industry. The company is headquartered in Perth, Western Australia. The company went IPO on 2022-05-26. TG Metals Limited is an Australia-based mineral resource exploration company. The firm is engaged in exploring and developing a portfolio of exploration properties in the Lake Johnston Greenstone Belt of Western Australia. The Lake Johnston Project is an approximately 333 square kilometers tenement package proximal to significant past-producing nickel mines and recent lithium discoveries. The Lake Johnston Project covers approximately 50 kilometers strike of the Lake Johnston Greenstone Belt. The firm holds 100% legal and beneficial interest in the two mining tenements. Its six granted exploration licenses consist of E63/1960, E63/1961, E63/1973, E63/1983, E63/1984, and E63/1997. Its two granted prospecting licenses consist of P63/2201 and P63/2202.
