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Carolina Rush (TSXV:RUSH) PB Ratio : 36.43 (As of May. 25, 2024)


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What is Carolina Rush 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 (2024-05-25), Carolina Rush's share price is C$0.255. Carolina Rush's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.01. Hence, Carolina Rush's PB Ratio of today is 36.43.

Warning Sign:

Carolina Rush Corp stock PB Ratio (=32.86) is close to 2-year high of 32.86

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

TSXV:RUSH' s PB Ratio Range Over the Past 10 Years
Min: 1.39   Med: 16.67   Max: 133.33
Current: 32.86

During the past 13 years, Carolina Rush's highest PB Ratio was 133.33. The lowest was 1.39. And the median was 16.67.

TSXV:RUSH's PB Ratio is ranked worse than
98.44% of 2376 companies
in the Metals & Mining industry
Industry Median: 1.42 vs TSXV:RUSH: 32.86

During the past 3 years, the average Book Value Per Share Growth Rate was -63.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Carolina Rush was 228.10% per year. The lowest was -78.20% per year. And the median was -8.60% per year.

Back to Basics: PB Ratio


Carolina Rush PB Ratio Historical Data

The historical data trend for Carolina Rush'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.

Carolina Rush PB Ratio Chart

Carolina Rush 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 - 7.04 35.00 - 29.29

Carolina Rush 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 - - - 4.17 29.29

Competitive Comparison of Carolina Rush's PB Ratio

For the Gold subindustry, Carolina Rush'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.


Carolina Rush's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Carolina Rush's PB Ratio falls into.



Carolina Rush 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.

Carolina Rush's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.255/0.007
=36.43

* 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.


Carolina Rush  (TSXV:RUSH) 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.


Carolina Rush PB Ratio Related Terms

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


Carolina Rush (TSXV:RUSH) Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Carolina Rush Corp is exploring the Carolina Terrane in the southeast U.S. Its flagship project is the past-producing Brewer Gold Mine, located in Chesterfield County, South Carolina, 17km along trend from the producing Haile Gold Mine.

Carolina Rush (TSXV:RUSH) Headlines

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