Orbit Garant Drilling (TSX:OGD) PB Ratio : 0.41 (As of May. 16, 2024)

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What is Orbit Garant Drilling 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 (2024-05-16), Orbit Garant Drilling's share price is C$0.65. Orbit Garant Drilling's Book Value per Share for the quarter that ended in Dec. 2023 was C$1.58. Hence, Orbit Garant Drilling's PB Ratio of today is 0.41.

The historical rank and industry rank for Orbit Garant Drilling's PB Ratio or its related term are showing as below:

TSX:OGD' s PB Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.5 Max: 1.22
Current: 0.44

During the past 13 years, Orbit Garant Drilling's highest PB Ratio was 1.22. The lowest was 0.21. And the median was 0.50.

TSX:OGD's PB Ratio is ranked better than
87.91% of 2383 companies
in the Metals & Mining industry
Industry Median: 1.42 vs TSX:OGD: 0.44

During the past 12 months, Orbit Garant Drilling's average Book Value Per Share Growth Rate was -9.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Orbit Garant Drilling was 25.70% per year. The lowest was -12.50% per year. And the median was -3.60% per year.

Back to Basics: PB Ratio

Orbit Garant Drilling PB Ratio Historical Data

The historical data trend for Orbit Garant Drilling'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.

Orbit Garant Drilling PB Ratio Chart

Orbit Garant Drilling Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

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0.48

0.29

0.55

0.39

0.52

Orbit Garant Drilling 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															0.27	0.48	0.52	0.36	0.35

Competitive Comparison of Orbit Garant Drilling's PB Ratio

For the Other Industrial Metals & Mining subindustry, Orbit Garant Drilling'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.

Orbit Garant Drilling's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Orbit Garant Drilling's PB Ratio falls into.

Orbit Garant Drilling 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.

Orbit Garant Drilling's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.65	/	1.582
	=	0.41

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Orbit Garant Drilling (TSX:OGD) 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.

Orbit Garant Drilling PB Ratio Related Terms

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Orbit Garant Drilling (TSX:OGD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Orbit Garant Drilling Inc (TSX:OGD) » Definitions » PB Ratio

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OBGRF:USA

Address

3200, Jean Jacques Cossette Boulevard, Val-d'Or, QC, CAN, J9P 6Y6

Website

http://www.orbitgarant.com

Orbit Garant Drilling Inc is a Canadian based drilling company providing services to mining companies through all stages of exploration, development, and production. The company operates a surface and underground diamond drilling business. The firm also manufactures conventional drill rigs while also manufacturing and providing other support equipment such as water recirculation systems, heat recovery systems, and fuel-efficient systems. The company operates in Canada, the United States, Central and South America, and West Africa. The majority of the company's revenue is derived from operations in Canada.

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