Aurum Lake Mining (TSXV:ARL) PB Ratio : 1.82 (As of Apr. 09, 2025)

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What is Aurum Lake Mining 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 (2025-04-09), Aurum Lake Mining's share price is C$0.10. Aurum Lake Mining's Book Value per Share for the quarter that ended in Sep. 2024 was C$0.06. Hence, Aurum Lake Mining's PB Ratio of today is 1.82.

The historical rank and industry rank for Aurum Lake Mining's PB Ratio or its related term are showing as below:

TSXV:ARL' s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1.82
Current: 1.82

During the past 3 years, Aurum Lake Mining's highest PB Ratio was 1.82. The lowest was 0.00. And the median was 0.00.

TSXV:ARL's PB Ratio is ranked worse than
62.4% of 391 companies
in the Diversified Financial Services industry
Industry Median: 1.36 vs TSXV:ARL: 1.82

During the past 12 months, Aurum Lake Mining's average Book Value Per Share Growth Rate was 205.60% per year.

Back to Basics: PB Ratio

Aurum Lake Mining PB Ratio Historical Data

The historical data trend for Aurum Lake Mining'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.

Aurum Lake Mining PB Ratio Chart

Aurum Lake Mining Annual Data

Trend

Dec21

Dec22

Dec23

PB Ratio

3.06

1.12

Aurum Lake Mining Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
PB Ratio	Get a 7-Day Free Trial									6.11	1.12	1.72	2.24	2.18

Competitive Comparison of Aurum Lake Mining's PB Ratio

For the Shell Companies subindustry, Aurum Lake Mining'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.

Aurum Lake Mining's PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Aurum Lake Mining's PB Ratio distribution charts can be found below:

* The bar in red indicates where Aurum Lake Mining's PB Ratio falls into.

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Aurum Lake Mining 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.

Aurum Lake Mining's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	0.10	/	0.055
	=	1.82

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.

Aurum Lake Mining (TSXV:ARL) 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.

Aurum Lake Mining PB Ratio Related Terms

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