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Perseus Mining (ASX:PRU) PB Ratio : 1.61 (As of Dec. 12, 2024)


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What is Perseus Mining 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 (2024-12-12), Perseus Mining's share price is A$2.78. Perseus Mining's Book Value per Share for the quarter that ended in Jun. 2024 was A$1.73. Hence, Perseus Mining's PB Ratio of today is 1.61.

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

ASX:PRU' s PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 1.21   Max: 2.41
Current: 1.6

During the past 13 years, Perseus Mining's highest PB Ratio was 2.41. The lowest was 0.25. And the median was 1.21.

ASX:PRU's PB Ratio is ranked worse than
55.77% of 2324 companies
in the Metals & Mining industry
Industry Median: 1.36 vs ASX:PRU: 1.60

During the past 12 months, Perseus Mining's average Book Value Per Share Growth Rate was 24.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 28.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 21.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Perseus Mining was 59.90% per year. The lowest was -14.40% per year. And the median was 15.30% per year.

Back to Basics: PB Ratio


Perseus Mining PB Ratio Historical Data

The historical data trend for Perseus Mining'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.

Perseus Mining PB Ratio Chart

Perseus Mining Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 1.77 1.50 1.18 1.36

Perseus Mining Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.50 1.75 1.18 1.19 1.36

Competitive Comparison of Perseus Mining's PB Ratio

For the Gold subindustry, Perseus Mining'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.


Perseus Mining's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Perseus Mining's PB Ratio falls into.



Perseus Mining 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.

Perseus Mining's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=2.78/1.732
=1.61

* 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.


Perseus Mining  (ASX:PRU) 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.


Perseus Mining PB Ratio Related Terms

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


Perseus Mining Business Description

Address
437 Roberts Road, Level 2, Subiaco, Perth, WA, AUS, 6008
Perseus is an Australia-based gold miner. It sold around 510,000 ounces of gold in fiscal 2024 from its three majority-owned mines in West Africa. Founded in 2004, Perseus bought all three of its operating mines originally as exploration licenses or development projects. Its 90%-owned Edikan mine in Ghana achieved first gold in 2011, with 86%-owned Sissingue and 90%-owned Yaoure in Ivory Coast following in 2018 and 2020, respectively. The company also purchased its 70%-owned Meyas Sand gold project in Sudan in 2022 and its 80%-owned Nyanzaga gold project in Tanzania in fiscal 2024. Excluding Meyas Sand, where development is on hold due to armed conflict in Sudan, it had about six years of reserves at the end of fiscal 2024. We forecast it sells about 480,000 ounces of gold in fiscal 2025.