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G Mining Ventures (G Mining Ventures) PB Ratio : 2.64 (As of May. 04, 2024)


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What is G Mining Ventures 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 (2024-05-04), G Mining Ventures's share price is $1.55. G Mining Ventures's Book Value per Share for the quarter that ended in Dec. 2023 was $0.59. Hence, G Mining Ventures's PB Ratio of today is 2.64.

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

GMINF' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.14
Current: 2.67

During the past 5 years, G Mining Ventures's highest PB Ratio was 3.14. The lowest was 0.00. And the median was 0.00.

GMINF's PB Ratio is ranked worse than
72.38% of 2393 companies
in the Metals & Mining industry
Industry Median: 1.36 vs GMINF: 2.67

During the past 12 months, G Mining Ventures's average Book Value Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 119.00% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of G Mining Ventures was 119.00% per year. The lowest was 119.00% per year. And the median was 119.00% per year.

Back to Basics: PB Ratio


G Mining Ventures PB Ratio Historical Data

The historical data trend for G Mining Ventures'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.

G Mining Ventures PB Ratio Chart

G Mining Ventures Annual Data
Trend Oct18 Oct19 Oct20 Dec22 Dec23
PB Ratio
- - - 0.99 1.82

G Mining Ventures Quarterly Data
Jul18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.99 1.36 1.38 1.54 1.82

Competitive Comparison of G Mining Ventures's PB Ratio

For the Other Precious Metals & Mining subindustry, G Mining Ventures'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.


G Mining Ventures's PB Ratio Distribution in the Metals & Mining Industry

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

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



G Mining Ventures 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1.55/0.588
=2.64

* 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.


G Mining Ventures  (OTCPK:GMINF) 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.


G Mining Ventures PB Ratio Related Terms

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G Mining Ventures (G Mining Ventures) Business Description

Traded in Other Exchanges
Address
7900 Boul. Taschereau, Building D, Suite 210, Brossard, QC, CAN, J4X 1C2
G Mining Ventures Corp is a mineral exploration company engaged in the acquisition, exploration and development of precious metal projects. Its flagship asset, the permitted Tocantinzinho Project, is located in Para State, Brazil. Tocantinzinho is an open-pit gold deposit containing around 2.0 million ounces of reserves at 1.3 g/t. The deposit is open at depth and the underexplored 688km2 land package presents an additional exploration potential. It has one operating segment, the exploration and development of mineral properties.