Teck Resources (Teck Resources) PB Ratio

: 1.18 (As of Today)

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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 (2024-04-19), Teck Resources's share price is $45.95. Teck Resources's Book Value per Share for the quarter that ended in Dec. 2023 was $38.89. Hence, Teck Resources's PB Ratio of today is 1.18.

Warning Sign:

Teck Resources Ltd stock PB Ratio (=1.26) is close to 10-year high of 1.27

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

TCKRF' s PB Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.78 Max: 1.27
Current: 1.26

During the past 13 years, Teck Resources's highest PB Ratio was 1.27. The lowest was 0.16. And the median was 0.78.

TCKRF's PB Ratio is ranked better than
54.39% of 2392 companies
in the Metals & Mining industry
Industry Median: 1.4 vs TCKRF: 1.26

During the past 12 months, Teck Resources's average Book Value Per Share Growth Rate was 5.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Teck Resources was 32.60% per year. The lowest was -19.60% per year. And the median was 7.60% per year.

Back to Basics: PB Ratio

Teck Resources PB Ratio Historical Data

The historical data trend for Teck 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.

Teck Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

0.59

0.70

0.82

1.07

1.08

Teck Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio																1.07	1.59	1.85	1.04	1.08

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Teck 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.

Teck Resources PB Ratio Distribution

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

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

Teck 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	45.95	/	38.885
	=	1.18

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.

Teck Resources (OTCPK:TCKRF) 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.

Teck Resources PB Ratio Related Terms

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Teck Resources (Teck Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Teck Resources Ltd (OTCPK:TCKRF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

TECK:USA TECK:Mexico TPT:Germany TEKB:Germany TPT:Germany TEKB:Germany TECK.B:Canada TECK.A:Canada

Address

550 Burrard Street, Suite 3300, Vancouver, BC, CAN, V6C 0B3

Website

https://www.teck.com

Teck is a diversified miner with coal, copper, and zinc operations in Canada, the United States, Chile, and Peru. Metallurgical coal is Teck's primary commodity in terms of EBITDA contribution, followed by copper and zinc. Teck is the world's second-largest exporter of seaborne metallurgical coal and is a top-three zinc miner. Its major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, will drive an increase in Teck's attributable copper production by roughly 80%. Along with a number of additional copper growth options, Teck's strategy is to rebalance its portfolio to low carbon metals such as copper. It sold its oil sands business in early 2023 and has agreed to sell its coal business, with the deal likely closing in the third quarter of 2024.