Eldorado Gold (Eldorado Gold) Price-to-Tangible-Book : 0.88 (As of Apr. 25, 2024)

View and export this data going back to 2003. Start your Free Trial

What is Eldorado Gold Price-to-Tangible-Book?

As of today (2024-04-25), Eldorado Gold's share price is $14.78. Eldorado Gold's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $16.86. Hence, Eldorado Gold's Price to Tangible Book Ratio of today is 0.88.

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

EGO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.15 Med: 0.54 Max: 0.92
Current: 0.9

During the past 13 years, Eldorado Gold's highest Price to Tangible Book Ratio was 0.92. The lowest was 0.15. And the median was 0.54.

EGO's Price-to-Tangible-Book is ranked better than
66.15% of 2239 companies
in the Metals & Mining industry
Industry Median: 1.33 vs EGO: 0.90

A closely related ratio is called PB Ratio. As of today, Eldorado Gold's share price is $14.78. Eldorado Gold's Book Value per Sharefor the quarter that ended in Dec. 2023 was $17.32. Hence, Eldorado Gold's P/B Ratio of today is 0.85.

Eldorado Gold Price-to-Tangible-Book Historical Data

The historical data trend for Eldorado Gold'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.

Eldorado Gold Price-to-Tangible-Book Chart

Eldorado Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.40

0.65

0.49

0.50

0.77

Eldorado Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.50	0.61	0.62	0.54	0.77

Competitive Comparison of Eldorado Gold's Price-to-Tangible-Book

For the Gold subindustry, Eldorado Gold'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.

Eldorado Gold's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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

Eldorado Gold Price-to-Tangible-Book Calculation

Eldorado Gold's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	14.78	/	16.863
	=	0.88

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.

Eldorado Gold Price-to-Tangible-Book Related Terms

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

Eldorado Gold (Eldorado Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eldorado Gold Corp (NYSE:EGO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

ELO1:Germany ELD:Canada

Address

550 Burrard Street, Suite 1188, Bentall 5, Vancouver, BC, CAN, V6C 2B5

Website

https://www.eldoradogold.com

Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects.