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Olivut Resources (TSXV:OLV) PB Ratio : 18.00 (As of Dec. 14, 2024)


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What is Olivut 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 (2024-12-14), Olivut Resources's share price is C$0.09. Olivut Resources's Book Value per Share for the quarter that ended in Jul. 2024 was C$0.01. Hence, Olivut Resources's PB Ratio of today is 18.00.

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

TSXV:OLV' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 302.79
Current: 18

During the past 13 years, Olivut Resources's highest PB Ratio was 302.79. The lowest was 0.00. And the median was 0.00.

TSXV:OLV's PB Ratio is ranked worse than
97.16% of 2321 companies
in the Metals & Mining industry
Industry Median: 1.34 vs TSXV:OLV: 18.00

During the past 3 years, the average Book Value Per Share Growth Rate was 14.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Olivut Resources was 90.30% per year. The lowest was -53.60% per year. And the median was -30.30% per year.

Back to Basics: PB Ratio


Olivut Resources PB Ratio Historical Data

The historical data trend for Olivut 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.

Olivut Resources PB Ratio Chart

Olivut Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Olivut Resources Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 8.75 13.33 10.00

Competitive Comparison of Olivut Resources's PB Ratio

For the Other Precious Metals & Mining subindustry, Olivut 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.


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

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

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



Olivut 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Jul. 2024)
=0.09/0.005
=18.00

* 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.


Olivut Resources  (TSXV:OLV) 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.


Olivut Resources PB Ratio Related Terms

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


Olivut Resources Business Description

Traded in Other Exchanges
Address
P.O. Box 6690, Hinton, AB, CAN, T7V 1X8
Olivut Resources Ltd is a Canadian company that is engaged in the acquisition, exploration, and evaluation of mineral properties for the purpose of mining diamonds and other precious and base minerals. The company holds an interest in the HOAM project, which is located in the Mackenzie Region, Northwest Territories, Canada. It also holds interests in Seahorse Project located in the Northwest Territories. The other projects include Photo Library -HOAM Project and Photo Library -Seahorse Project.

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