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Dominion Diamond (Dominion Diamond) PB Ratio : 0.87 (As of Apr. 26, 2024)


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What is Dominion Diamond 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 (2024-04-26), Dominion Diamond's share price is $14.24. Dominion Diamond's Book Value per Share for the quarter that ended in Apr. 2017 was $16.36. Hence, Dominion Diamond's PB Ratio of today is 0.87.

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

DDC's PB Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 1.38
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Dominion Diamond PB Ratio Historical Data

The historical data trend for Dominion Diamond'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.

Dominion Diamond PB Ratio Chart

Dominion Diamond Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 0.95 1.04 0.71 0.67

Dominion Diamond Quarterly Data
Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
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 0.64 0.58 0.67 0.83 -

Competitive Comparison of Dominion Diamond's PB Ratio

For the Other Industrial Metals & Mining subindustry, Dominion Diamond'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.


Dominion Diamond's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Dominion Diamond's PB Ratio falls into.



Dominion Diamond 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.

Dominion Diamond's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2017)
=14.24/16.359
=0.87

* 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.


Dominion Diamond  (NYSE:DDC) 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.


Dominion Diamond PB Ratio Related Terms

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Dominion Diamond (Dominion Diamond) Business Description

Traded in Other Exchanges
N/A
Address
Dominion Diamond Corp is a Canadian diamond mining company that supplies rough diamonds to the global market. The company owns two major diamond mines, the Ekati Diamond Mine, for which a controlling interest is owned by Dominion Diamond, and the Diavik Diamond Mine. Both mines are located in Canada's Northwest Territories. Dominion Diamond receives rough diamonds through its ownership interests in these mines, and sells the sorted and assessed diamonds to diamond manufacturers who cut and polish diamonds.

Dominion Diamond (Dominion Diamond) Headlines