Price to Book Ratio
PB vs Industry: MP is overvalued based on its PB Ratio (10.3x) compared to the US Metals and Mining industry average (2.5x).
Similarly, Who own MP Materials?
MP Materials
| Type | Public |
|---|---|
| Owner | JHL Capital Group, QVT Financial LP, James Litinsky, Shenghe Resources |
| Number of employees | 350 (2021) |
| Website | mpmaterials.com |
| Footnotes / references |
Does MP materials pay a dividend? MP MATERIALS (NYSE: MP) does not pay a dividend.
Thereof, Whats a good PEG ratio?
A PEG ratio of 1 is supposed to indicate that the stock is fairly priced. A ratio between 0.5 and less than 1 is considered good, meaning the stock may be undervalued given its growth profile. A ratio less than 0.5 is considered to be excellent.
What does a high PEG ratio mean?
In theory, a PEG ratio value of 1 represents a perfect correlation between the company’s market value and its projected earnings growth. PEG ratios higher than 1.0 are generally considered unfavorable, suggesting a stock is overvalued.
Is MP Materials owned by Chinese?
Current ownership. MP Materials is 51.8%-owned by US hedge funds JHL Capital Group (and its CEO James Litinsky) and QVT Financial LP, while Shenghe Resources Holding Co. Ltd., a partially state-owned enterprise of the Government of China, holds an 8.0% stake. Apart from institutions, the public owns 18%.
Who owns MP stock?
Top 10 Owners of MP Materials Corp
| Stockholder | Stake | Shares owned |
|---|---|---|
| JHL Capital Group LLC | 30.98% | 55,001,837 |
| QVT Financial LP | 9.56% | 16,973,834 |
| The Vanguard Group, Inc. | 4.41% | 7,825,941 |
| BlackRock Fund Advisors | 2.47% | 4,382,939 |
Is MP Materials a SPAC?
MP Materials was previously known as Fortress Value Acquisition Corp. (« FVAC ») and operated as a special purpose acquisition company (« SPAC » or blank-check company).
What is Tesla PEG ratio?
Currently, Tesla, Inc. has a PEG ratio of 5.04 compared to the Automotive – Domestic industry’s PEG ratio of 1.04.
What is Amazon’s PEG ratio?
Valuation Measures 4
| As of Date: 4/10/2022 Current | 3/31/2021 | |
|---|---|---|
| Trailing P/E | 47.67 | 73.97 |
| Forward P/E | 54.35 | 60.24 |
| PEG Ratio (5 yr expected) | 2.82 | 1.47 |
| Price/Sales (ttm) | 3.39 | 4.09 |
What is Apple’s PEG ratio?
Valuation
| Calendar | 2012 | 2019 |
|---|---|---|
| Price/Cash Flow | 8.88 | 19.67 |
| Price/Book | 3.92 | 14.23 |
| Price/Forward Earnings | 8.90 | 22.17 |
| PEG Ratio | 0.48 | 2.03 |
Who owns the Mountain Pass Rare Earth Mine?
MP Materials owns and operates Mountain Pass, the only Rare Earth mining and processing site in North America. 2020 MP Materials is publicly listed on the New York Stock Exchange. Production climbs to more than 38,500mt, an all-time high in the 60-year history of Mountain Pass.
What is the largest rare earth mine in the world?
The Bayan Obo deposit in Inner Mongolia, containing 48Mt of rare earth oxides (REO) resources, is considered to be the world’s biggest rare earth deposit. The mine has been in production since 1957 and currently accounts for over 70% of China’s light rare earth elements production.
Does Canada have rare earth metals?
Canada is home to an estimated 830,000 tonnes of rare earths reserves, and explorers in nearly every province have identified a potential deposit that could be mined.
What ETFS hold MP?
List of ETFs That Hold MP:
| Ticker | MP Allocation | MP Market Value |
|---|---|---|
| PBW | 1.49% | $17.18M |
| VCLN | 1.36% | $44.41K |
| BNE | 0.97% | $74.76K |
| PBD | 0.90% | $2.42M |
When did MP Go public?
(NYSE: MP) (“MP Materials” or the “Company”), today announced that on September 13, 2021, the Company priced its registered secondary public offering of 4,250,000 shares of common stock by certain existing stockholders of the Company (the “Selling Stockholders”) at a price to the public of $35.00 per share.
Is MP material public?
(NYSE: MP) (« MP Materials » or the « Company »), today announced that on September 13, 2021, the Company priced its registered secondary public offering of 4,250,000 shares of common stock by certain existing stockholders of the Company (the « Selling Stockholders ») at a price to the public of $35.00 per share.
What is Netflix PEG ratio?
Currently, Netflix, Inc. has a PEG ratio of 1.29 compared to the Broadcast Radio and Television industry’s PEG ratio of 1.33. The company’s trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its growth rate over the past 12 months.
What is Walmart’s PEG ratio?
Currently, Walmart Inc. has a PEG ratio of 4.41 compared to the Retail – Supermarkets industry’s PEG ratio of 1.14.
Is high PE ratio good?
A higher PE suggests high expectations for future growth, perhaps because the company is small or is an a rapidly expanding market. For others, a low PE is preferred, since it suggests expectations are not too high and the company is more likely to outperform earnings forecasts.
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