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 (2024-04-24), International Tower Hill Mines's share price is $0.64. International Tower Hill Mines's Book Value per Share for the quarter that ended in Dec. 2023 was $0.29. Hence, International Tower Hill Mines's PB Ratio of today is 2.19.
The historical rank and industry rank for International Tower Hill Mines's PB Ratio or its related term are showing as below:
THM'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 3.7
Current: 2.21
During the past 13 years, International Tower Hill Mines's highest PB Ratio was 3.70. The lowest was 0.00. And the median was 0.00.
THM's PB Ratio is ranked worse than 67.78% of 2396
companies
in the Metals & Mining industry
Industry Median: 1.36
vs THM: 2.21
During the past 12 months, International Tower Hill Mines's average Book Value Per Share Growth Rate was -6.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -4.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -3.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of International Tower Hill Mines was 127.40% per year. The lowest was -36.50% per year. And the median was -4.30% per year.
Back to Basics: PB Ratio
International Tower Hill Mines PB Ratio Historical Data
The historical data trend for International Tower Hill Mines'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.
Competitive Comparison of International Tower Hill Mines's PB Ratio
For the Gold subindustry, International Tower Hill Mines'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.
International Tower Hill Mines's PB Ratio Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, International Tower Hill Mines's PB Ratio distribution charts can be found below:
* The bar in red indicates where International Tower Hill Mines's PB Ratio falls into.
International Tower Hill Mines 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.
International Tower Hill Mines's PB Ratio for today is calculated as follows:
* 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.
International Tower Hill Mines (AMEX:THM) PB Ratio Explanation
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.
International Tower Hill Mines PB Ratio Related Terms
Thank you for viewing the detailed overview of International Tower Hill Mines's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
International Tower Hill Mines (International Tower Hill Mines) Business Description
International Tower Hill Mines Ltd is a mining company. It is engaged in the acquisition, exploration, and development of mineral properties. The company holds interests in an exploration project namely the Livengood Gold Project. It is located approximately 70 miles northwest of Fairbanks, Alaska in the Tolovana mining district within the Tintina gold belt. The project property consists of land leased from the Alaska mental health trust, a number of smaller private mineral leases, Alaska state mining claims purchased or located by the company and patented ground held by the company.
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