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Piche Resources (ASX:PR2) PB Ratio : 1.44 (As of Mar. 31, 2025)


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What is Piche 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 (2025-03-31), Piche Resources's share price is A$0.078. Piche Resources's Book Value per Share for the quarter that ended in Dec. 2024 was A$0.05. Hence, Piche Resources's PB Ratio of today is 1.44.

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

ASX:PR2' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.44
Current: 1.44

During the past 2 years, Piche Resources's highest PB Ratio was 1.44. The lowest was 0.00. And the median was 0.00.

ASX:PR2's PB Ratio is ranked better than
50.7% of 2292 companies
in the Metals & Mining industry
Industry Median: 1.46 vs ASX:PR2: 1.44

During the past 12 months, Piche Resources's average Book Value Per Share Growth Rate was -40.70% per year.

Back to Basics: PB Ratio


Piche Resources PB Ratio Historical Data

The historical data trend for Piche 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.

Piche Resources PB Ratio Chart

Piche Resources Annual Data
Trend Jun23 Jun24
PB Ratio
- -

Piche Resources Semi-Annual Data
Jun23 Dec23 Jun24 Dec24
PB Ratio - - - 1.57

Competitive Comparison of Piche Resources's PB Ratio

For the Other Industrial Metals & Mining subindustry, Piche 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.


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

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

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


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Piche 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2024)
=0.078/0.054
=1.44

* 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.


Piche Resources  (ASX:PR2) 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.


Piche Resources PB Ratio Related Terms

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


Piche Resources Business Description

Traded in Other Exchanges
N/A
Address
225 St Georges Terrace, Level 4, Perth, WA, AUS, 6000
Piche Resources Ltd is a mineral exploration company, focusing on exploration for uranium, as well as other precious and base metals, specifically, gold, silver, copper, lead, zinc and rare earth elements (REEs) in Western Australia and Argentina. The company owns a suite of seven granted exploration licences in Western Australia, covering four projects - Ashburton, GascoyneMinindi, Abydos and Beasley Creek. In Argentina the company owns 10 granted mining concessions and 18 applications for mining concessions covering two projects - Sierra Cuadrada and Cerro Chacon.

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