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FEERF (Freeport Resources) PB Ratio : 2.57 (As of Dec. 13, 2024)


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What is Freeport 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 (2024-12-13), Freeport Resources's share price is $0.0283. Freeport Resources's Book Value per Share for the quarter that ended in Jul. 2024 was $0.01. Hence, Freeport Resources's PB Ratio of today is 2.57.

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

FEERF' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 18.75
Current: 1.42

During the past 13 years, Freeport Resources's highest PB Ratio was 18.75. The lowest was 0.00. And the median was 0.00.

FEERF's PB Ratio is ranked worse than
68.94% of 2321 companies
in the Metals & Mining industry
Industry Median: 1.36 vs FEERF: 1.42

During the past 12 months, Freeport Resources's average Book Value Per Share Growth Rate was 50.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -54.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Freeport Resources was 12.10% per year. The lowest was -74.90% per year. And the median was -32.00% per year.

Back to Basics: PB Ratio


Freeport Resources PB Ratio Historical Data

The historical data trend for Freeport 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.

Freeport Resources PB Ratio Chart

Freeport Resources Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.80 6.94 9.68 5.17

Freeport Resources Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 4.43 4.40 5.17 5.75 3.91

Competitive Comparison of Freeport Resources's PB Ratio

For the Other Industrial Metals & Mining subindustry, Freeport 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.


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

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

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



Freeport 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Jul. 2024)
=0.0283/0.011
=2.57

* 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.


Freeport Resources  (OTCPK:FEERF) 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.


Freeport Resources PB Ratio Related Terms

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


Freeport Resources Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 2T7
Freeport Resources Inc is a junior exploration company. It is engaged in the exploration and evaluation of assets in Newfoundland and Labrador (NL) and British Columbia (BC). The company projects include Yandera Copper, and Star Mountains properties.

Freeport Resources Headlines