GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alta Copper Corp (OTCPK:ATCUF) » Definitions » PB Ratio

Alta Copper (Alta Copper) PB Ratio : 0.54 (As of May. 05, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Alta Copper PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-05), Alta Copper's share price is $0.4416. Alta Copper's Book Value per Share for the quarter that ended in Dec. 2023 was $0.82. Hence, Alta Copper's PB Ratio of today is 0.54.

The historical rank and industry rank for Alta Copper's PB Ratio or its related term are showing as below:

ATCUF' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.62
Current: 0.55

During the past 13 years, Alta Copper's highest PB Ratio was 1.62. The lowest was 0.00. And the median was 0.00.

ATCUF's PB Ratio is ranked better than
85.04% of 2393 companies
in the Metals & Mining industry
Industry Median: 1.36 vs ATCUF: 0.55

During the past 12 months, Alta Copper's average Book Value Per Share Growth Rate was -13.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -9.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -6.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Alta Copper was 77.60% per year. The lowest was -11.50% per year. And the median was 0.80% per year.

Back to Basics: PB Ratio


Alta Copper PB Ratio Historical Data

The historical data trend for Alta Copper's PB Ratio 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.

Alta Copper PB Ratio Chart

Alta Copper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Alta Copper Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Alta Copper's PB Ratio

For the Copper subindustry, Alta Copper's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Alta Copper's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alta Copper's PB Ratio distribution charts can be found below:

* The bar in red indicates where Alta Copper's PB Ratio falls into.



Alta Copper PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Alta Copper's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.4416/0.816
=0.54

* 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.

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

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


Alta Copper  (OTCPK:ATCUF) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

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


Alta Copper PB Ratio Related Terms

Thank you for viewing the detailed overview of Alta Copper's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Alta Copper (Alta Copper) Business Description

Traded in Other Exchanges
Address
1112 West Pender Street, Suite 801, Vancouver, BC, CAN, V6E 2S1
Alta Copper Corp is a Canada-based company, engaged in the acquisition, exploration, and development of mineral properties in Peru. The business operations of the company function in Peru and Canada. Its principal property is the Canariaco Copper Project in the District of Lambayeque. The Company is currently focused on the copper sector in Peru and it considers its Canariaco Copper Property in Peru to be its material mineral property at this time.