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Durango Resources (Durango Resources) PB Ratio : 2.65 (As of Apr. 29, 2024)


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What is Durango Resources 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 (2024-04-29), Durango Resources's share price is $0.0212. Durango Resources's Book Value per Share for the quarter that ended in Jan. 2024 was $0.01. Hence, Durango Resources's PB Ratio of today is 2.65.

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

ATOXF' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 11.47
Current: 3.5

During the past 13 years, Durango Resources's highest PB Ratio was 11.47. The lowest was 0.00. And the median was 0.00.

ATOXF's PB Ratio is ranked worse than
78.53% of 2394 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ATOXF: 3.50

During the past 12 months, Durango Resources's average Book Value Per Share Growth Rate was -37.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -23.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -20.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Durango Resources was 39.40% per year. The lowest was -61.70% per year. And the median was -19.70% per year.

Back to Basics: PB Ratio


Durango Resources PB Ratio Historical Data

The historical data trend for Durango Resources'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.

Durango Resources PB Ratio Chart

Durango Resources Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.17 9.25 1.72 6.54 4.11

Durango Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 4.60 3.67 4.11 2.13 2.07

Competitive Comparison of Durango Resources's PB Ratio

For the Other Industrial Metals & Mining subindustry, Durango Resources'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.


Durango Resources's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Durango Resources's PB Ratio falls into.



Durango Resources 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.

Durango Resources's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2024)
=0.0212/0.008
=2.65

* 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.


Durango Resources  (OTCPK:ATOXF) 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.


Durango Resources PB Ratio Related Terms

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


Durango Resources (Durango Resources) Business Description

Traded in Other Exchanges
Address
Steveston Village, PO Box 31880, Richmond, BC, CAN, V7E 0B5
Durango Resources Inc is an exploration-stage natural resources company, that engages in the acquisition and exploration of mineral properties. It explores precious and base mineral properties in Canada. The project portfolio of the company includes Mayner's Fortune claims in British Columbia, Trove claims, Windfall claims, Nemaska/NMX East claims, Decouverte claims in Quebec, and BC Minerals in British Columbia.

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