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Reno Gold (Reno Gold) PB Ratio : (As of May. 04, 2024)


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What is Reno Gold 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), Reno Gold's share price is $0.0056. Reno Gold's Book Value per Share for the fiscal year that ended in . 20 was $0.00. Hence, Reno Gold's PB Ratio of today is .

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

RNGG's PB Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 1.36
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Reno Gold PB Ratio Historical Data

The historical data trend for Reno Gold'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.

Reno Gold PB Ratio Chart

Reno Gold Annual Data
Trend
PB Ratio

Reno Gold Semi-Annual Data
PB Ratio

Competitive Comparison of Reno Gold's PB Ratio

For the Gold subindustry, Reno Gold'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.


Reno Gold's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Reno Gold's PB Ratio falls into.



Reno Gold 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.

Reno Gold's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: . 20)
=0.0056/
=

* 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.


Reno Gold  (OTCPK:RNGG) 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.


Reno Gold PB Ratio Related Terms

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Reno Gold (Reno Gold) Business Description

Traded in Other Exchanges
N/A
Address
119 Westcreek Drive - Unit 3, Woodbridge, Vaughan, ON, CAN, L4L9N6
Reno Gold Corp is engaged in precious metals exploration in the area of Nevada, United States.

Reno Gold (Reno Gold) Headlines

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