GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden Shield Resources Inc (OTCPK:GSRFF) » Definitions » PB Ratio

GSRFF (Golden Shield Resources) PB Ratio : 1.24 (As of Dec. 14, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Golden Shield 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 (2024-12-14), Golden Shield Resources's share price is $0.02108. Golden Shield Resources's Book Value per Share for the quarter that ended in Jul. 2024 was $0.02. Hence, Golden Shield Resources's PB Ratio of today is 1.24.

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

GSRFF' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.83
Current: 1.3

During the past 4 years, Golden Shield Resources's highest PB Ratio was 3.83. The lowest was 0.00. And the median was 0.00.

GSRFF's PB Ratio is ranked worse than
54.55% of 2321 companies
in the Metals & Mining industry
Industry Median: 1.36 vs GSRFF: 1.30

During the past 12 months, Golden Shield Resources's average Book Value Per Share Growth Rate was -73.60% per year.

Back to Basics: PB Ratio


Golden Shield Resources PB Ratio Historical Data

The historical data trend for Golden Shield 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.

Golden Shield Resources PB Ratio Chart

Golden Shield Resources Annual Data
Trend Jul21 Jul22 Jul23 Jul24
PB Ratio
- - 2.42 3.28

Golden Shield Resources Quarterly Data
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 2.42 2.50 3.94 2.52 3.28

Competitive Comparison of Golden Shield Resources's PB Ratio

For the Gold subindustry, Golden Shield 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.


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

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

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



Golden Shield 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Jul. 2024)
=0.02108/0.017
=1.24

* 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.


Golden Shield Resources  (OTCPK:GSRFF) 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.


Golden Shield Resources PB Ratio Related Terms

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


Golden Shield Resources Business Description

Traded in Other Exchanges
Address
1095 West Pender Street, Suite 750, Vancouver, BC, CAN, V6E 2M6
Golden Shield Resources Inc is engaged in the identification, acquisition, evaluation, and exploration of mineral properties in Guyana. The company projects includes Marudi Mountain, Arakaka, and Fish Creek.

Golden Shield Resources Headlines

No Headlines