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Red Rock Resources (LSE:RRR) PB Ratio : 0.12 (As of May. 16, 2024)


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What is Red Rock 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 (2024-05-16), Red Rock Resources's share price is £0.00048. Red Rock Resources's Book Value per Share for the quarter that ended in Dec. 2023 was £0.00. Hence, Red Rock Resources's PB Ratio of today is 0.12.

Warning Sign:

Red Rock Resources PLC stock PB Ratio (=0.12) is close to 10-year high of 0.13

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

LSE:RRR' s PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.53
Current: 0.12

During the past 13 years, Red Rock Resources's highest PB Ratio was 0.53. The lowest was 0.01. And the median was 0.01.

LSE:RRR's PB Ratio is ranked better than
99.37% of 2384 companies
in the Metals & Mining industry
Industry Median: 1.4 vs LSE:RRR: 0.12

During the past 12 months, Red Rock Resources's average Book Value Per Share Growth Rate was -63.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -33.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -18.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -26.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Red Rock Resources was 92.90% per year. The lowest was -59.80% per year. And the median was -10.70% per year.

Back to Basics: PB Ratio


Red Rock Resources PB Ratio Historical Data

The historical data trend for Red Rock 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.

Red Rock Resources PB Ratio Chart

Red Rock Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.16 0.59 0.31 0.37

Red Rock Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.40 0.31 0.28 0.37 0.18

Competitive Comparison of Red Rock Resources's PB Ratio

For the Other Industrial Metals & Mining subindustry, Red Rock 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.


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

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

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



Red Rock 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.00048/0.004
=0.12

* 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.


Red Rock Resources  (LSE:RRR) 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.


Red Rock Resources PB Ratio Related Terms

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


Red Rock Resources (LSE:RRR) Business Description

Traded in Other Exchanges
Address
71-91 Aldwych House, London, GBR, WC2B 4HN
Red Rock Resources PLC is a natural resource exploration and development company. It is involved in the exploration and development of oil and gas, gold, and multi-commodity natural resource assets and also manages the portfolio of assets globally. The company's segments are Investments, Gold Exploration Australia, Gold Exploration Kenya, Copper Exploration DRC, Copper and unallocated. Its geographical segments include the UK, Australia, and Africa.