Happy Creek Minerals (TSXV:HPY) PB Ratio : 0.37 (As of Mar. 24, 2025)

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What is Happy Creek Minerals 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 (2025-03-24), Happy Creek Minerals's share price is C$0.045. Happy Creek Minerals's Book Value per Share for the quarter that ended in Oct. 2024 was C$0.12. Hence, Happy Creek Minerals's PB Ratio of today is 0.37.

The historical rank and industry rank for Happy Creek Minerals's PB Ratio or its related term are showing as below:

TSXV:HPY' s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.74
Current: 0.37

During the past 13 years, Happy Creek Minerals's highest PB Ratio was 0.74. The lowest was 0.00. And the median was 0.00.

TSXV:HPY's PB Ratio is ranked better than
90.33% of 2296 companies
in the Metals & Mining industry
Industry Median: 1.48 vs TSXV:HPY: 0.37

During the past 12 months, Happy Creek Minerals's average Book Value Per Share Growth Rate was -8.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Happy Creek Minerals was 56.00% per year. The lowest was -6.60% per year. And the median was -4.40% per year.

Back to Basics: PB Ratio

Happy Creek Minerals PB Ratio Historical Data

The historical data trend for Happy Creek Minerals'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.

Happy Creek Minerals PB Ratio Chart

Happy Creek Minerals Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

PB Ratio

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0.50

0.71

0.25

0.29

0.20

Happy Creek Minerals Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
PB Ratio	Get a 7-Day Free Trial															0.42	0.20	0.32	0.44	0.41

Competitive Comparison of Happy Creek Minerals's PB Ratio

For the Other Industrial Metals & Mining subindustry, Happy Creek Minerals'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.

Happy Creek Minerals's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Happy Creek Minerals's PB Ratio falls into.

Happy Creek Minerals 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.

Happy Creek Minerals's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Oct. 2024)
	=	0.045	/	0.121
	=	0.37

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.

Happy Creek Minerals (TSXV:HPY) 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.

Happy Creek Minerals PB Ratio Related Terms

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

Happy Creek Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Happy Creek Minerals Ltd (TSXV:HPY) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

750 West Pender Street, Suite 1200, Vancouver, BC, CAN, V6C 2T8

Website

https://www.happycreekminerals.com

Happy Creek Minerals Ltd is a mineral exploration company engaged in the exploration and development of its mineral properties. Its projects include Rateria and West Valley Property, Abbott Lake Property and Tyner Lake Property. The company has a diversified metal exploration portfolio in a safe geopolitical jurisdiction and completed much of the early-stage exploration on its properties to resolve quality opportunities.

Executives