Nickel 28 Capital (TSXV:NKL) PB Ratio : 0.61 (As of Mar. 23, 2025)

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What is Nickel 28 Capital 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 (2025-03-23), Nickel 28 Capital's share price is C$0.82. Nickel 28 Capital's Book Value per Share for the quarter that ended in Oct. 2024 was C$1.34. Hence, Nickel 28 Capital's PB Ratio of today is 0.61.

The historical rank and industry rank for Nickel 28 Capital's PB Ratio or its related term are showing as below:

TSXV:NKL' s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1.41
Current: 0.61

During the past 5 years, Nickel 28 Capital's highest PB Ratio was 1.41. The lowest was 0.00. And the median was 0.00.

TSXV:NKL's PB Ratio is ranked better than
78.63% of 2298 companies
in the Metals & Mining industry
Industry Median: 1.48 vs TSXV:NKL: 0.61

During the past 12 months, Nickel 28 Capital's average Book Value Per Share Growth Rate was -5.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.50% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Nickel 28 Capital was 8.50% per year. The lowest was 5.50% per year. And the median was 7.00% per year.

Back to Basics: PB Ratio

Nickel 28 Capital PB Ratio Historical Data

The historical data trend for Nickel 28 Capital'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.

Nickel 28 Capital PB Ratio Chart

Nickel 28 Capital Annual Data

Trend

Dec19

Dec20

Jan22

Jan23

Jan24

PB Ratio

0.44

0.46

1.01

0.72

0.60

Nickel 28 Capital Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
PB Ratio	Get a 7-Day Free Trial															0.60	0.60	0.49	0.65	0.60

Competitive Comparison of Nickel 28 Capital's PB Ratio

For the Other Industrial Metals & Mining subindustry, Nickel 28 Capital'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.

Nickel 28 Capital's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nickel 28 Capital's PB Ratio distribution charts can be found below:

* The bar in red indicates where Nickel 28 Capital's PB Ratio falls into.

Nickel 28 Capital 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.

Nickel 28 Capital's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Oct. 2024)
	=	0.82	/	1.34
	=	0.61

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.

Nickel 28 Capital (TSXV:NKL) 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.

Nickel 28 Capital PB Ratio Related Terms

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Nickel 28 Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nickel 28 Capital Corp (TSXV:NKL) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

CONXF:USA 3JC0:Germany

Address

666 Burrard Street, Suite 1700, Toronto, ON, CAN, V6C 2X8

Website

https://www.nickel28.com

Nickel 28 Capital Corp is a nickel-cobalt producer in Canada. Nickel-cobalt production comes from its joint-venture interest in the Ramu Nickel-Cobalt Operation located in Papua New Guinea provides it with significant attributable nickel and cobalt production thereby offering shareholders direct exposure to two metals that are critical to the adoption of electric vehicles. In addition, It manages a portfolio of around 13 nickel and cobalt royalties on development and exploration projects in Canada, Australia, and Papua New Guinea.

Executives

Edward A. Collery	Director, Director or Senior Officer of 10% Security Holder
Pelham Investment Partners	10% Security Holder
Charles Ian Ross	Director
David Edward Whittle	Director
Christopher Wallace	Director, Senior Officer
Anthony Milewski	Director
Justin Cochrane	Senior Officer
Conor Kearns	Senior Officer

Nickel 28 Capital Headlines

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