GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Star Royalties Ltd (TSXV:STRR) » Definitions » PB Ratio

Star Royalties (TSXV:STRR) PB Ratio : 0.26 (As of May. 21, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Star Royalties 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 (2024-05-21), Star Royalties's share price is C$0.25. Star Royalties's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.96. Hence, Star Royalties's PB Ratio of today is 0.26.

Good Sign:

Star Royalties Ltd stock PB Ratio (=0.26) is close to 5-year low of 0.235000

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

TSXV:STRR' s PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.51   Max: 1.3
Current: 0.26

During the past 5 years, Star Royalties's highest PB Ratio was 1.30. The lowest was 0.24. And the median was 0.51.

TSXV:STRR's PB Ratio is ranked better than
96.64% of 2378 companies
in the Metals & Mining industry
Industry Median: 1.44 vs TSXV:STRR: 0.26

During the past 12 months, Star Royalties's average Book Value Per Share Growth Rate was 13.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 59.30% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Star Royalties was 313.90% per year. The lowest was 59.30% per year. And the median was 186.60% per year.

Back to Basics: PB Ratio


Star Royalties PB Ratio Historical Data

The historical data trend for Star Royalties'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.

Star Royalties PB Ratio Chart

Star Royalties Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - 1.14 0.43 0.34

Star Royalties Quarterly Data
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 0.43 0.45 0.43 0.38 0.34

Competitive Comparison of Star Royalties's PB Ratio

For the Other Precious Metals & Mining subindustry, Star Royalties'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.


Star Royalties's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Star Royalties's PB Ratio falls into.



Star Royalties 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.

Star Royalties's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.25/0.963
=0.26

* 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.


Star Royalties  (TSXV:STRR) 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.


Star Royalties PB Ratio Related Terms

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


Star Royalties (TSXV:STRR) Business Description

Traded in Other Exchanges
Address
18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4
Star Royalties Ltd is a precious metals and carbon credit royalty and streaming company. The company has developed its carbon credit royalties in forestry and regenerative agriculture. The group offers investors exposure to precious metals and carbon credits by originating high-quality royalties and streams. The company's assets comprise Elk Gold, Copperstone, Keysbrook, Baavhai Uul, and others. The Company organizes and manages the business under Star Royalties and Green Star joint venture. Geographically, the company operates in The United States, Canada, Australia and Mongolia.
Executives
Anthony Lesiak Director
Alexandre Jean Pernin Director, Senior Officer