Platina Resources (ASX:PGM) PB Ratio : 1.04 (As of May. 25, 2024)

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What is Platina Resources 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 (2024-05-25), Platina Resources's share price is A$0.025. Platina Resources's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.02. Hence, Platina Resources's PB Ratio of today is 1.04.

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

ASX:PGM' s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 3.97
Current: 1.04

During the past 13 years, Platina Resources's highest PB Ratio was 3.97. The lowest was 0.00. And the median was 0.00.

ASX:PGM's PB Ratio is ranked better than
62.21% of 2376 companies
in the Metals & Mining industry
Industry Median: 1.42 vs ASX:PGM: 1.04

During the past 12 months, Platina Resources's average Book Value Per Share Growth Rate was 140.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 38.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -35.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -26.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Platina Resources was 38.70% per year. The lowest was -70.10% per year. And the median was -11.20% per year.

Back to Basics: PB Ratio

Platina Resources PB Ratio Historical Data

The historical data trend for Platina Resources'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.

Platina Resources PB Ratio Chart

Platina Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

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0.36

13.33

1.60

1.32

3.25

Platina Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															1.70	1.32	1.90	3.25	0.88

Competitive Comparison of Platina Resources's PB Ratio

For the Other Precious Metals & Mining subindustry, Platina Resources'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.

Platina Resources's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Platina Resources's PB Ratio falls into.

Platina Resources 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.

Platina Resources's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.025	/	0.024
	=	1.04

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Platina Resources (ASX:PGM) 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.

Platina Resources PB Ratio Related Terms

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

Platina Resources (ASX:PGM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Platina Resources Ltd (ASX:PGM) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

PTNUF:USA P4R:Germany

Address

c/- Corporate Consultants Pty Ltd, 389 Oxford Street, Level 2, Suite 9, Mount Hawthorn, Perth, WA, AUS, 6016

Website

https://www.platinaresources.com.au

Platina Resources Ltd is a company engaged in acquiring, exploring and developing mineral interests, prospective for precious metals and other mineral deposits. The company focuses on platinum group metals, zinc and gold and base metals. It holds an interest in Blue Moon, Owendale, Munni Munni, Skaergaard and Qialivarteerpik Projects.Geographically it operates in Greenland, Australia and North America and derives key revenue from Greenland.