DRDGold (DRDGold) Price-to-Tangible-Book : 2.01 (As of Apr. 25, 2024)

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What is DRDGold Price-to-Tangible-Book?

As of today (2024-04-25), DRDGold's share price is $7.82. DRDGold's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $3.89. Hence, DRDGold's Price to Tangible Book Ratio of today is 2.01.

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

DRD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65 Med: 1.45 Max: 5.77
Current: 2.11

During the past 13 years, DRDGold's highest Price to Tangible Book Ratio was 5.77. The lowest was 0.65. And the median was 1.45.

DRD's Price-to-Tangible-Book is ranked worse than
66.46% of 2239 companies
in the Metals & Mining industry
Industry Median: 1.33 vs DRD: 2.11

A closely related ratio is called PB Ratio. As of today, DRDGold's share price is $7.82. DRDGold's Book Value per Sharefor the quarter that ended in Jun. 2023 was $3.89. Hence, DRDGold's P/B Ratio of today is 2.01.

DRDGold Price-to-Tangible-Book Historical Data

The historical data trend for DRDGold'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.

DRDGold Price-to-Tangible-Book Chart

DRDGold Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

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1.15

5.79

2.68

1.46

2.73

DRDGold Semi-Annual Data
	Jun04	Jun05	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.15	5.79	2.68	1.46	2.73

Competitive Comparison of DRDGold's Price-to-Tangible-Book

For the Gold subindustry, DRDGold'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.

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

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

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

DRDGold Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	7.82	/	3.889
	=	2.01

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.

DRDGold Price-to-Tangible-Book Related Terms

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

DRDGold (DRDGold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » DRDGold Ltd (NYSE:DRD) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

DRD:South Africa DRDGF:USA 0ICU:UK DUB1:Germany

Address

Cnr 14th Avenue and Hendrik Potgieter Road, Constantia Office Park, Cycad House, Building 17, Ground Floor, Weltevreden Park, ZAF, 1709

Website

https://www.drdgold.com

DRDGold Ltd is a South African gold mining company engaged in surface gold tailings retreatment including exploration, extraction, processing, and smelting. It has two operating segments: the Ergo which is a surface gold retreatment operation that treats old slime dams and sand dumps to the south of Johannesburg's central the business district as well as the East and Central Rand goldfields; and the FWGR which is a surface gold retreatment operation and treats old slime dams in the West Rand goldfields. The Ergo segment derives a vast majority of the revenue.

DRDGold (DRDGold) Headlines

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