Kendrick Resources (LSE:KEN) PB Ratio : 0.28 (As of Jun. 15, 2024)

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What is Kendrick 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 (2024-06-15), Kendrick Resources's share price is £0.00525. Kendrick Resources's Book Value per Share for the quarter that ended in Dec. 2023 was £0.02. Hence, Kendrick Resources's PB Ratio of today is 0.28.

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

LSE:KEN' s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.6
Current: 0.2

During the past 6 years, Kendrick Resources's highest PB Ratio was 0.60. The lowest was 0.00. And the median was 0.00.

LSE:KEN's PB Ratio is ranked better than
97.39% of 2375 companies
in the Metals & Mining industry
Industry Median: 1.36 vs LSE:KEN: 0.20

During the past 12 months, Kendrick Resources's average Book Value Per Share Growth Rate was -17.40% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Kendrick Resources was 184.40% per year. The lowest was 184.40% per year. And the median was 184.40% per year.

Back to Basics: PB Ratio

Kendrick Resources PB Ratio Historical Data

The historical data trend for Kendrick 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.

Kendrick Resources PB Ratio Chart

Kendrick Resources Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

0.42

0.25

Kendrick Resources Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial			-	0.77	0.42	0.41	0.25

Competitive Comparison of Kendrick Resources's PB Ratio

For the Other Industrial Metals & Mining subindustry, Kendrick 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.

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

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

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

Kendrick 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.00525	/	0.019
	=	0.28

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Kendrick Resources (LSE:KEN) 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.

Kendrick Resources PB Ratio Related Terms

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

Kendrick Resources (LSE:KEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kendrick Resources PLC (LSE:KEN) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

7/8 Kendrick Mews, South Kensington, London, GBR, SW7 3HG

Website

https://www.kendrickresources.com

Kendrick Resources PLC is a mineral exploration and development company with projects based across Scandinavia. The principal of its business is to explore the opportunities within the natural resources sector with a focus on battery, base, and precious metals including but not limited to vanadium and nickel. In doing so, the company is looking to build a long-term energy metals business in Scandinavia which delivers energy metals to Europe to help enable its renewable energy transformation by building a top tier energy metals production business.