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Rainbow Rare Earths (FRA:RR1) PB Ratio : 5.87 (As of Oct. 31, 2024)


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What is Rainbow Rare Earths 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 (2024-10-31), Rainbow Rare Earths's share price is €0.135. Rainbow Rare Earths's Book Value per Share for the quarter that ended in Jun. 2024 was €0.02. Hence, Rainbow Rare Earths's PB Ratio of today is 5.87.

The historical rank and industry rank for Rainbow Rare Earths's PB Ratio or its related term are showing as below:

FRA:RR1' s PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 6.41   Max: 11.84
Current: 6.25

During the past 11 years, Rainbow Rare Earths's highest PB Ratio was 11.84. The lowest was 0.39. And the median was 6.41.

FRA:RR1's PB Ratio is ranked worse than
88.45% of 2347 companies
in the Metals & Mining industry
Industry Median: 1.44 vs FRA:RR1: 6.25

During the past 12 months, Rainbow Rare Earths's average Book Value Per Share Growth Rate was 5.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 18.20% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Rainbow Rare Earths was 253.00% per year. The lowest was -29.20% per year. And the median was 13.15% per year.

Back to Basics: PB Ratio


Rainbow Rare Earths PB Ratio Historical Data

The historical data trend for Rainbow Rare Earths'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.

Rainbow Rare Earths PB Ratio Chart

Rainbow Rare Earths 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 1.69 9.00 4.97 4.36 4.61

Rainbow Rare Earths Semi-Annual Data
Jun14 Jun15 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 4.97 3.93 4.36 5.30 4.61

Competitive Comparison of Rainbow Rare Earths's PB Ratio

For the Other Industrial Metals & Mining subindustry, Rainbow Rare Earths'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.


Rainbow Rare Earths's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Rainbow Rare Earths's PB Ratio falls into.



Rainbow Rare Earths 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.

Rainbow Rare Earths's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=0.135/0.023
=5.87

* 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.


Rainbow Rare Earths  (FRA:RR1) 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.


Rainbow Rare Earths PB Ratio Related Terms

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


Rainbow Rare Earths Business Description

Traded in Other Exchanges
Address
St Julian's Avenue, Connaught House, Saint Peter Port, GGY, GY1 3EL
Rainbow Rare Earths Ltd aims to be a forerunner in the establishment of an independent and ethical supply chain of the rare earth elements that are driving the green energy transition. It is doing this successfully via the identification and development of secondary rare earth deposits that can be brought into production quicker and at a lower cost than traditional hard rock mining projects, with a focus on the magnet rare earth elements neodymium & praseodymium, dysprosium & terbium. It is focused on the development of the Phalaborwa Project and the earlier stage Uberaba Project. Both projects entail the recovery of rare earths from phosphogypsum stacks that occur as the by-product of phosphoric acid production, with the original source rock for both deposits being a hardrock carbonatite.

Rainbow Rare Earths Headlines

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