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Cosigo Resources (TSXV:CSG.H) PB Ratio : (As of May. 16, 2024)


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What is Cosigo 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), Cosigo Resources's share price is C$0.06. Cosigo Resources's Book Value per Share for the quarter that ended in Dec. 2023 was C$-0.00. Hence, Cosigo Resources's PB Ratio of today is .

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

TSXV:CSG.H's PB Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 1.4
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was 45.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cosigo Resources was 188.40% per year. The lowest was -46.50% per year. And the median was 9.10% per year.

Back to Basics: PB Ratio


Cosigo Resources PB Ratio Historical Data

The historical data trend for Cosigo 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.

Cosigo Resources PB Ratio Chart

Cosigo Resources Annual Data
Trend Nov10 Dec11 Dec12 Dec13 Dec14 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
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Cosigo Resources Quarterly Data
Mar15 Jun15 Sep15 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Cosigo Resources's PB Ratio

For the Gold subindustry, Cosigo 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.


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

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

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



Cosigo 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.06/-0.001
=

* 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.


Cosigo Resources  (TSXV:CSG.H) 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.


Cosigo Resources PB Ratio Related Terms

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Cosigo Resources (TSXV:CSG.H) Business Description

Traded in Other Exchanges
N/A
Address
3854 Cadboro Bay Road, Victoria, BC, CAN, V8N 4G4
Cosigo Resources Ltd is engaged in the exploration and development of mineral properties located in Canada, Brazil, and Colombia. Its projects include Machado, CN mineral project, Damian area and other projects.

Cosigo Resources (TSXV:CSG.H) Headlines

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