Newcrest Mining (ASX:NCM) Price-to-Tangible-Book : 1.27 (As of May. 09, 2024)

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What is Newcrest Mining Price-to-Tangible-Book?

As of today (2024-05-09), Newcrest Mining's share price is A$23.35. Newcrest Mining's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was A$18.32. Hence, Newcrest Mining's Price to Tangible Book Ratio of today is 1.27.

The historical rank and industry rank for Newcrest Mining's Price-to-Tangible-Book or its related term are showing as below:

ASX:NCM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.07 Med: 1.57 Max: 2.26
Current: 1.27

During the past 13 years, Newcrest Mining's highest Price to Tangible Book Ratio was 2.26. The lowest was 1.07. And the median was 1.57.

ASX:NCM's Price-to-Tangible-Book is not ranked
in the Metals & Mining industry.
Industry Median: 1.33 vs ASX:NCM: 1.27

A closely related ratio is called PB Ratio. As of today, Newcrest Mining's share price is A$23.35. Newcrest Mining's Book Value per Sharefor the quarter that ended in Jun. 2023 was A$19.52. Hence, Newcrest Mining's P/B Ratio of today is 1.20.

Newcrest Mining Price-to-Tangible-Book Historical Data

The historical data trend for Newcrest Mining's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Newcrest Mining Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.26

2.07

1.56

1.20

1.44

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
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.56	1.44	1.20	1.15	1.44

Competitive Comparison of Newcrest Mining's Price-to-Tangible-Book

For the Gold subindustry, Newcrest Mining's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Newcrest Mining's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Newcrest Mining's Price-to-Tangible-Book falls into.

Newcrest Mining Price-to-Tangible-Book Calculation

Newcrest Mining's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	23.35	/	18.319
	=	1.27

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Newcrest Mining Price-to-Tangible-Book Related Terms

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

Newcrest Mining (ASX:NCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newcrest Mining Ltd (ASX:NCM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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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.

Newcrest Mining (ASX:NCM) Headlines

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