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Nex Metals Exploration (ASX:NME) PB Ratio : (As of Mar. 17, 2025)


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What is Nex Metals Exploration 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 (2025-03-17), Nex Metals Exploration's share price is A$0.025. Nex Metals Exploration's Book Value per Share for the quarter that ended in Dec. 2023 was A$-0.00. Hence, Nex Metals Exploration's PB Ratio of today is .

The historical rank and industry rank for Nex Metals Exploration's PB Ratio or its related term are showing as below:

ASX:NME's PB Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 1.43
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was 64.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 39.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 18.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nex Metals Exploration was 64.80% per year. The lowest was -60.90% per year. And the median was 7.20% per year.

Back to Basics: PB Ratio


Nex Metals Exploration PB Ratio Historical Data

The historical data trend for Nex Metals Exploration'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.

Nex Metals Exploration PB Ratio Chart

Nex Metals Exploration Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
PB Ratio
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Nex Metals Exploration Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Nex Metals Exploration's PB Ratio

For the Gold subindustry, Nex Metals Exploration'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.


Nex Metals Exploration's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Nex Metals Exploration's PB Ratio falls into.



Nex Metals Exploration 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.

Nex Metals Exploration's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.025/-0.004
=

* 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.


Nex Metals Exploration  (ASX:NME) 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.


Nex Metals Exploration PB Ratio Related Terms

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


Nex Metals Exploration Business Description

Traded in Other Exchanges
N/A
Address
45 Guthrie Street, Osborne Park, Perth, WA, AUS, 6017
Nex Metals Exploration Ltd engages in the exploration and mining of mineral properties in Western Australia. It explores for gold, copper, and nickel. The company holds an interest in the Kookynie Gold Project, Yundamindra Gold Project, and Kookynie Tailings Research Project. The company generates majority of the revenue from Australia.

Nex Metals Exploration Headlines

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