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Astra Exploration (TSXV:ASTR) PB Ratio : 60.00 (As of Jun. 24, 2024)


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What is Astra Exploration 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 (2024-06-24), Astra Exploration's share price is C$0.12. Astra Exploration's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.00. Hence, Astra Exploration's PB Ratio of today is 60.00.

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

TSXV:ASTR' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 85
Current: 60

During the past 4 years, Astra Exploration's highest PB Ratio was 85.00. The lowest was 0.00. And the median was 0.00.

TSXV:ASTR's PB Ratio is ranked worse than
99.41% of 2377 companies
in the Metals & Mining industry
Industry Median: 1.32 vs TSXV:ASTR: 60.00

During the past 12 months, Astra Exploration's average Book Value Per Share Growth Rate was -86.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 66.30% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Astra Exploration was 66.30% per year. The lowest was 66.30% per year. And the median was 66.30% per year.

Back to Basics: PB Ratio


Astra Exploration PB Ratio Historical Data

The historical data trend for Astra Exploration'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.

Astra Exploration PB Ratio Chart

Astra Exploration Annual Data
Trend Dec20 Dec21 Mar22 Mar23
PB Ratio
- - 5.67 6.96

Astra Exploration Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.33 6.96 11.54 19.17 70.00

Competitive Comparison of Astra Exploration's PB Ratio

For the Other Precious Metals & Mining subindustry, Astra Exploration'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.


Astra Exploration's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Astra Exploration's PB Ratio falls into.



Astra Exploration 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.

Astra Exploration's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.12/0.002
=60.00

* 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.


Astra Exploration  (TSXV:ASTR) 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.


Astra Exploration PB Ratio Related Terms

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


Astra Exploration (TSXV:ASTR) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 700, Vancouver, BC, CAN, V6E 3V7
Astra Exploration Inc is a mining exploration company. The company is engaged in acquiring, exploring, and developing epithermal gold-silver properties in Chile and its portfolio contains the Pampa Paciencia Project, the Cerro Bayo Project, and The Other Region.
Executives
Brian Claude Miller Director, Senior Officer