Pershing Gold (Pershing Gold) PB Ratio : 1.35 (As of Apr. 26, 2024)

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What is Pershing Gold 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), Pershing Gold's share price is $1.12. Pershing Gold's Book Value per Share for the quarter that ended in Dec. 2018 was $0.83. Hence, Pershing Gold's PB Ratio of today is 1.35.

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

PGLC'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

Pershing Gold PB Ratio Historical Data

The historical data trend for Pershing Gold'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.

Pershing Gold PB Ratio Chart

Pershing Gold Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

PB Ratio

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2.59

2.29

2.37

1.96

1.28

Pershing Gold Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
PB Ratio	Get a 7-Day Free Trial															1.96	1.84	1.84	1.34	1.28

Competitive Comparison of Pershing Gold's PB Ratio

For the Gold subindustry, Pershing Gold'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.

Pershing Gold's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Pershing Gold's PB Ratio falls into.

Pershing Gold 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.

Pershing Gold's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2018)
	=	1.12	/	0.828
	=	1.35

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.

Pershing Gold (NAS:PGLC) 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.

Pershing Gold PB Ratio Related Terms

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

Pershing Gold (Pershing Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pershing Gold Corp (NAS:PGLC) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

1658 Cole Boulevard, Building 6, Suite 210, Lakewood, CO, USA, 80401

Website

http://www.pershinggold.com

Pershing Gold Corp is a gold and precious metals exploration company. It pursues exploration, development and mining opportunities primarily in Nevada. The company currently focuses on exploration at its Relief Canyon properties in Pershing County in northwestern Nevada. The Relief Canyon properties are located about 100 miles northeast of Reno, Nevada. It operates its business directly and also through its wholly-owned subsidiary, Gold Acquisition Corp. The company seek properties with known mineralization that are in an advanced stage of exploration and have previously undergone drilling but are under-explored.

Executives

Jeffrey G Clevenger	director	1700 LINCOLN STREET, SUITE 3050, DENVER CO 80203
Barry C Honig	10 percent owner	215 SE SPANISH TRAIL, BOCA RATON FL 33432
Edward M Karr	director	RAMPARTNERS, 19 BLVD GEORGES-FAVON, GENEVA V8 1204
Timothy Mark Janke	officer: Chief Operating Officer	5625 PATRICIAN WAY, WINNEMUCCA NV 89445
Eric Alexander	officer: VP Finance and Controller	1658 COLE BLVD., BLDG. 6, SUITE 210, LAKEWOOD CO 80401
Alex G Morrison	director	1658 COLE BLVD., BLDG. 6, SUITE 210, LAKEWOOD CO 80401
Douglass Scott Barr	director	10901 WEST TOLLER DRIVE, SUITE 300 LITTLETON CO 80127-6312
Frost Gamma Investments Trust	10 percent owner	4400 BISCAYNE BLVD, MIAMI FL 33137
David Rector	director
Adam C Wasserman	officer: Chief Financial Officer	1643 ROYAL GROVE WAY, WESTON FL 33327