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GSP Resource (GSP Resource) PB Ratio : 0.17 (As of May. 11, 2024)


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What is GSP Resource 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 (2024-05-11), GSP Resource's share price is $0.012. GSP Resource's Book Value per Share for the quarter that ended in Nov. 2023 was $0.07. Hence, GSP Resource's PB Ratio of today is 0.17.

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

GSRCF' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 11
Current: 1.2

During the past 6 years, GSP Resource's highest PB Ratio was 11.00. The lowest was 0.00. And the median was 0.00.

GSRCF's PB Ratio is ranked better than
55.77% of 2392 companies
in the Metals & Mining industry
Industry Median: 1.38 vs GSRCF: 1.20

During the past 12 months, GSP Resource's average Book Value Per Share Growth Rate was -8.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.00% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of GSP Resource was 9.60% per year. The lowest was 4.00% per year. And the median was 6.80% per year.

Back to Basics: PB Ratio


GSP Resource PB Ratio Historical Data

The historical data trend for GSP Resource'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.

GSP Resource PB Ratio Chart

GSP Resource Annual Data
Trend May18 May19 May20 May21 May22 May23
PB Ratio
Get a 7-Day Free Trial - 2.42 2.60 0.98 1.32

GSP Resource Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.14 0.16 1.32 1.41 1.12

Competitive Comparison of GSP Resource's PB Ratio

For the Other Precious Metals & Mining subindustry, GSP Resource'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.


GSP Resource's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where GSP Resource's PB Ratio falls into.



GSP Resource 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.

GSP Resource's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Nov. 2023)
=0.012/0.071
=0.17

* 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.


GSP Resource  (OTCPK:GSRCF) 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.


GSP Resource PB Ratio Related Terms

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GSP Resource (GSP Resource) Business Description

Traded in Other Exchanges
Address
777 Dunsmuir Street, Suite 1610, Vancouver, BC, CAN, V7Y 1K4
GSP Resource Corp is a Canada based natural resource company engaged in the acquisition and exploration of mining properties. Its main emphasis is on the exploration of sulphide deposits with gold, platinum and palladium deposits in the Similkameen Mining Division, British Columbia. Its property holding includes Olivine Property.

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