Newcrest Mining (Newcrest Mining) PB Ratio : 1.19 (As of May. 04, 2024)

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What is Newcrest Mining 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 (2024-05-04), Newcrest Mining's share price is $15.59. Newcrest Mining's Book Value per Share for the quarter that ended in Jun. 2023 was $13.10. Hence, Newcrest Mining's PB Ratio of today is 1.19.

Good Sign:

Newcrest Mining Ltd stock PB Ratio (=1.2) is close to 1-year low of 1.08

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

NCMGY' s PB Ratio Range Over the Past 10 Years
Min: 0.49 Med: 1.53 Max: 2.72
Current: 1.2

During the past 13 years, Newcrest Mining's highest PB Ratio was 2.72. The lowest was 0.49. And the median was 1.53.

NCMGY's PB Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 1.36 vs NCMGY: 1.20

During the past 12 months, Newcrest Mining's average Book Value Per Share Growth Rate was 5.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Newcrest Mining was 187.40% per year. The lowest was -45.30% per year. And the median was 5.25% per year.

Back to Basics: PB Ratio

Newcrest Mining PB Ratio Historical Data

The historical data trend for Newcrest Mining'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.

Newcrest Mining PB Ratio Chart

Newcrest Mining Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

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2.26

2.09

1.54

1.08

1.36

Newcrest Mining Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
PB Ratio	Get a 7-Day Free Trial															1.54	1.46	1.08	1.08	1.36

Competitive Comparison of Newcrest Mining's PB Ratio

For the Gold subindustry, Newcrest Mining'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.

Newcrest Mining's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Newcrest Mining's PB Ratio falls into.

Newcrest Mining 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.

Newcrest Mining's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	15.59	/	13.097
	=	1.19

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Newcrest Mining (OTCPK:NCMGY) 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.

Newcrest Mining PB Ratio Related Terms

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

Newcrest Mining (Newcrest Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newcrest Mining Ltd (OTCPK:NCMGY) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Saint Kilda Road, Level 8, Melbourne, VIC, AUS, 3004

Website

https://www.newcrest.com.au

Newcrest is an Australia-based gold and, to a lesser extent, copper miner. Operations are mainly in Australia and Papua New Guinea. The company also owns a 32% stake in the Fruta Del Norte gold mine in Ecuador, while the acquisition of Brucejack in 2022 adds to its 70% stake in the Red Chris mine in Canada. The company is likely to produce around 2 million ounces of gold per year over the next decade, making it one of the larger global gold producers but still only accounting for less than 2% of total supply. Cash costs are below the industry average, underpinned by improvements at Lihir and Cadia. Organic growth options include its Havieron prospect, the Red Chris underground mine, and the high-grade Wafi-Golpu copper-gold prospect in PNG.