Evolution Mining (Evolution Mining) Price-to-Tangible-Book : 2.04 (As of Apr. 29, 2024)

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What is Evolution Mining Price-to-Tangible-Book?

As of today (2024-04-29), Evolution Mining's share price is $2.66. Evolution Mining's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.30. Hence, Evolution Mining's Price to Tangible Book Ratio of today is 2.04.

The historical rank and industry rank for Evolution Mining's Price-to-Tangible-Book or its related term are showing as below:

CAHPF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.56 Med: 2.04 Max: 3.92
Current: 2.11

During the past 13 years, Evolution Mining's highest Price to Tangible Book Ratio was 3.92. The lowest was 0.56. And the median was 2.04.

CAHPF's Price-to-Tangible-Book is ranked worse than
65.95% of 2238 companies
in the Metals & Mining industry
Industry Median: 1.33 vs CAHPF: 2.11

A closely related ratio is called PB Ratio. As of today, Evolution Mining's share price is $2.66. Evolution Mining's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.30. Hence, Evolution Mining's P/B Ratio of today is 2.04.

Evolution Mining Price-to-Tangible-Book Historical Data

The historical data trend for Evolution Mining's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Evolution Mining Price-to-Tangible-Book Chart

Evolution Mining Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.16

3.98

3.00

1.34

1.80

Evolution Mining Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.48	1.34	1.75	1.80	2.02

Competitive Comparison of Evolution Mining's Price-to-Tangible-Book

For the Gold subindustry, Evolution Mining's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Evolution Mining's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Evolution Mining's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Evolution Mining's Price-to-Tangible-Book falls into.

Evolution Mining Price-to-Tangible-Book Calculation

Evolution Mining's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.66	/	1.304
	=	2.04

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Evolution Mining Price-to-Tangible-Book Related Terms

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Evolution Mining (Evolution Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Evolution Mining Ltd (OTCPK:CAHPF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

WE7:Germany EVN:Australia

Address

175 Liverpool Street, Level 24, Sydney, NSW, AUS, 2000

Website

https://www.evolutionmining.com.au

Evolution Mining is an Australian-based gold miner. It sold around 650,000 ounces of gold in fiscal 2023 from five wholly owned mines in Australia and Canada. Formed in 2011 via the merger of Conquest Mining and Catalpa Resources and the purchase of Newcrest Mining's Mt Rawdon and Cracow mines, Evolution has acquired more mines and sold the generally less attractive, higher-cost mines. Cowal and Mungari were bought in 2015, with an initial interest in Glencore's Ernest Henry mine following in 2016, Red Lake in Canada in 2020, and the rest of Ernest Henry in 2022. It has also agreed to buy an 80% stake in the Northparkes copper and gold mine in New South Wales, likely effective January 2024. It had roughly 13 years of gold reserves at end fiscal 2023.