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Torex Gold Resources (Torex Gold Resources) PB Ratio : 0.82 (As of May. 02, 2024)


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What is Torex Gold 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 (2024-05-02), Torex Gold Resources's share price is $14.20. Torex Gold Resources's Book Value per Share for the quarter that ended in Dec. 2023 was $17.41. Hence, Torex Gold Resources's PB Ratio of today is 0.82.

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

TORXF' s PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.11   Max: 3.18
Current: 0.83

During the past 13 years, Torex Gold Resources's highest PB Ratio was 3.18. The lowest was 0.48. And the median was 1.11.

TORXF's PB Ratio is ranked better than
68.13% of 2391 companies
in the Metals & Mining industry
Industry Median: 1.38 vs TORXF: 0.83

During the past 12 months, Torex Gold Resources's average Book Value Per Share Growth Rate was 14.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Torex Gold Resources was 343.00% per year. The lowest was -11.70% per year. And the median was 11.00% per year.

Back to Basics: PB Ratio


Torex Gold Resources PB Ratio Historical Data

The historical data trend for Torex Gold 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.

Torex Gold Resources PB Ratio Chart

Torex Gold Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 1.36 0.81 0.77 0.63

Torex Gold Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.77 1.05 0.85 0.62 0.63

Competitive Comparison of Torex Gold Resources's PB Ratio

For the Gold subindustry, Torex Gold 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.


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

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

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



Torex Gold 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=14.20/17.408
=0.82

* 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.


Torex Gold Resources  (OTCPK:TORXF) 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.


Torex Gold Resources PB Ratio Related Terms

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


Torex Gold Resources (Torex Gold Resources) Business Description

Traded in Other Exchanges
Address
Exchange Tower, 130 King Street West, Suite 740, Toronto, ON, CAN, M5X 2A2
Torex Gold Resources Inc is an intermediate producer of gold and other precious metals, engaged in the exploration, development, and exploration of its wholly owned Morelos Gold Property. The property consists of 29,000 hectares in the Guerrero Gold Belt, located 180 kilometres southwest of Mexico City and approximately 50 kilometres southwest of Iguala. Within this property, the company has two assets: the El Limon-Guajes Mine, an open pit gold deposit located north of the Balsas river, and the Media Luna Project.

Torex Gold Resources (Torex Gold Resources) Headlines

From GuruFocus

Torex Gold Provides Second Quarterly Update on Media Luna Project

By GlobeNewswire GlobeNewswire 05-02-2023

Torex Announces the Results of Its 2019 Meeting of Shareholders

By GlobeNewswire GlobeNewswire 06-21-2019

Torex Gold Announces Updated Media Luna Resource Estimate

By GlobeNewswire GlobeNewswire 01-14-2020

Torex Gold Responds to Recent Shareholder Letter

By GlobeNewswire GlobeNewswire 10-10-2019

Torex Gold Provides Progress Update on Media Luna

By GlobeNewswire GlobeNewswire 10-06-2021

Consider Torex Gold Resources for a 2019 Gold Bull Market

By Alberto Abaterusso Alberto Abaterusso 06-18-2019

Torex Gold Announces Management and Board Succession Plans

By GlobeNewswire GlobeNewswire 10-30-2019