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CRZNF (Corazon Mining) PB Ratio : 0.73 (As of Sep. 26, 2024)


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What is Corazon 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 (2024-09-26), Corazon Mining's share price is $0.011. Corazon Mining's Book Value per Share for the quarter that ended in Dec. 2023 was $0.02. Hence, Corazon Mining's PB Ratio of today is 0.73.

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

CRZNF' s PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.36   Max: 4.8
Current: 0.2

During the past 13 years, Corazon Mining's highest PB Ratio was 4.80. The lowest was 0.02. And the median was 0.36.

CRZNF's PB Ratio is ranked better than
97.03% of 2360 companies
in the Metals & Mining industry
Industry Median: 1.29 vs CRZNF: 0.20

During the past 12 months, Corazon Mining's average Book Value Per Share Growth Rate was -3.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -15.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -13.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Corazon Mining was -2.30% per year. The lowest was -53.20% per year. And the median was -22.00% per year.

Back to Basics: PB Ratio


Corazon Mining PB Ratio Historical Data

The historical data trend for Corazon 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.

Corazon Mining PB Ratio Chart

Corazon 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 - 0.65 0.94 1.04 0.67

Corazon 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 0.94 1.04 1.04 0.61 0.67

Competitive Comparison of Corazon Mining's PB Ratio

For the Other Industrial Metals & Mining subindustry, Corazon 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.


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

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

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



Corazon 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.011/0.015
=0.73

* 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.


Corazon Mining  (OTCPK:CRZNF) 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.


Corazon Mining PB Ratio Related Terms

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


Corazon Mining Business Description

Traded in Other Exchanges
Address
33 Ord Street, Level 3, West Perth, WA, AUS, 6005
Corazon Mining Ltd explores and develops mineral resources such as nickel, copper, and gold and develops mining activities. The company's projects include the Lynn Lake Nickel-Copper-Sulphide project in Canada, the Mt Gilmore Cobalt-Copper-Gold project in Australia, and the Miriam Nickel-Copper Sulphide Project in Australia. The firm has two reportable segments based on the geographical areas of the mineral resource and exploration activities in Australia and Canada whereas it derives revenue from Australia.

Corazon Mining Headlines

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