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Copper Search (ASX:CUS) PB Ratio : 3.45 (As of Jun. 06, 2024)


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What is Copper Search PB Ratio?

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 (2024-06-06), Copper Search's share price is A$0.145. Copper Search's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.04. Hence, Copper Search's PB Ratio of today is 3.45.

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

ASX:CUS' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 28.57
Current: 3.46

During the past 3 years, Copper Search's highest PB Ratio was 28.57. The lowest was 0.00. And the median was 0.00.

ASX:CUS's PB Ratio is ranked worse than
74.72% of 2377 companies
in the Metals & Mining industry
Industry Median: 1.4 vs ASX:CUS: 3.46

During the past 12 months, Copper Search's average Book Value Per Share Growth Rate was -55.30% per year.

Back to Basics: PB Ratio


Copper Search PB Ratio Historical Data

The historical data trend for Copper Search'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.

Copper Search PB Ratio Chart

Copper Search Annual Data
Trend Jun21 Jun22 Jun23
PB Ratio
- 1.55 38.36

Copper Search Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial 2.52 1.55 2.03 38.36 2.62

Competitive Comparison of Copper Search's PB Ratio

For the Other Precious Metals & Mining subindustry, Copper Search'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.


Copper Search's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Copper Search's PB Ratio falls into.



Copper Search 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.

Copper Search's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.145/0.042
=3.45

* 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.

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

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.


Copper Search  (ASX:CUS) 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.


Copper Search PB Ratio Related Terms

Thank you for viewing the detailed overview of Copper Search's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Copper Search (ASX:CUS) Business Description

Traded in Other Exchanges
N/A
Address
21 Sydenham Road, Norwood, SA, AUS, 5067
Copper Search Ltd is a minerals exploration company targeting copper-gold deposits within the Gawler Craton of South Australia. The assets are divided into four main project areas: the Peake and Denison, and Ruby Hill Projects contain known copper occurrences, and the Billa Kalina projects; the Peake and Denison and Ruby Hill Projects have anomalous gold occurrences.

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