Sierra Nevada Gold (ASX:SNX) PB Ratio : 0.14 (As of Jun. 25, 2024)

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What is Sierra Nevada Gold 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 (2024-06-25), Sierra Nevada Gold's share price is A$0.041. Sierra Nevada Gold's Book Value per Share for the quarter that ended in Jun. 2023 was A$0.30. Hence, Sierra Nevada Gold's PB Ratio of today is 0.14.

The historical rank and industry rank for Sierra Nevada Gold's PB Ratio or its related term are showing as below:

ASX:SNX' s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.4
Current: 0.14

During the past 2 years, Sierra Nevada Gold's highest PB Ratio was 0.40. The lowest was 0.00. And the median was 0.00.

ASX:SNX's PB Ratio is ranked better than
98.86% of 2375 companies
in the Metals & Mining industry
Industry Median: 1.33 vs ASX:SNX: 0.14

During the past 12 months, Sierra Nevada Gold's average Book Value Per Share Growth Rate was -26.80% per year.

Back to Basics: PB Ratio

Sierra Nevada Gold PB Ratio Historical Data

The historical data trend for Sierra Nevada Gold'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.

Sierra Nevada Gold PB Ratio Chart

Sierra Nevada Gold Annual Data

Trend

Dec22

Dec23

PB Ratio

0.52

0.30

Sierra Nevada Gold Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23	Dec23
PB Ratio	-	1.03	0.52	0.25	0.30

Competitive Comparison of Sierra Nevada Gold's PB Ratio

For the Gold subindustry, Sierra Nevada Gold'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.

Sierra Nevada Gold's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sierra Nevada Gold's PB Ratio falls into.

Sierra Nevada Gold 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.

Sierra Nevada Gold's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	0.041	/	0.297
	=	0.14

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.

Sierra Nevada Gold (ASX:SNX) 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.

Sierra Nevada Gold PB Ratio Related Terms

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