B2Gold (TSX:BTO) Price-to-Tangible-Book

: 0.92 (As of Today)

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As of today (2024-04-19), B2Gold's share price is C$3.62. B2Gold's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$3.93. Hence, B2Gold's Price to Tangible Book Ratio of today is 0.92.

The historical rank and industry rank for B2Gold's Price-to-Tangible-Book or its related term are showing as below:

TSX:BTO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.73 Med: 1.52 Max: 2.28
Current: 0.92

During the past 13 years, B2Gold's highest Price to Tangible Book Ratio was 2.28. The lowest was 0.73. And the median was 1.52.

TSX:BTO's Price-to-Tangible-Book is ranked better than
64.25% of 2235 companies
in the Metals & Mining industry
Industry Median: 1.33 vs TSX:BTO: 0.92

A closely related ratio is called PB Ratio. As of today, B2Gold's share price is C$3.62. B2Gold's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$3.93. Hence, B2Gold's P/B Ratio of today is 0.92.

B2Gold Price-to-Tangible-Book Historical Data

The historical data trend for B2Gold'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.

B2Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

2.05

2.28

1.44

1.26

1.07

B2Gold 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																1.26	1.38	1.14	0.95	1.07

Competitive Comparison

For the Gold subindustry, B2Gold'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.

B2Gold Price-to-Tangible-Book Distribution

For the Metals & Mining industry and Basic Materials sector, B2Gold's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where B2Gold's Price-to-Tangible-Book falls into.

B2Gold Price-to-Tangible-Book Calculation

B2Gold's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.62	/	3.925
	=	0.92

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.

B2Gold Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of B2Gold's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

B2Gold (TSX:BTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » B2Gold Corp (TSX:BTO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

BTG:USA B2G:Namibia 5BG:Germany

Address

666 Burrard Street, Park Place, Suite 3400, Vancouver, BC, CAN, V6C 2X8

Website

https://www.b2gold.com

B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into a global market. The company's reportable operating segments include its mining operations and development projects, namely Fekola; Masbate; Otjikoto; other mineral properties; and corporate and other. It generates maximum revenue from the Fekola mine segment in Mali.