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VRRCF (VR Resources) PB Ratio : 1.18 (As of Dec. 13, 2024)


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What is VR 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 (2024-12-13), VR Resources's share price is $0.02956. VR Resources's Book Value per Share for the quarter that ended in Sep. 2024 was $0.03. Hence, VR Resources's PB Ratio of today is 1.18.

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

VRRCF' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 4.89
Current: 0.99

During the past 10 years, VR Resources's highest PB Ratio was 4.89. The lowest was 0.00. And the median was 0.00.

VRRCF's PB Ratio is ranked worse than
63.59% of 2321 companies
in the Metals & Mining industry
Industry Median: 1.36 vs VRRCF: 0.99

During the past 3 years, the average Book Value Per Share Growth Rate was -24.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -11.80% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of VR Resources was -0.80% per year. The lowest was -26.50% per year. And the median was -3.80% per year.

Back to Basics: PB Ratio


VR Resources PB Ratio Historical Data

The historical data trend for VR 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.

VR Resources PB Ratio Chart

VR Resources Annual Data
Trend Dec15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 2.26 2.31 1.20 3.15

VR Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
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 - 1.11 3.15 1.31 1.27

Competitive Comparison of VR Resources's PB Ratio

For the Other Industrial Metals & Mining subindustry, VR 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.


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

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

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



VR 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=0.02956/0.025
=1.18

* 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.


VR Resources  (OTCPK:VRRCF) 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.


VR Resources PB Ratio Related Terms

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VR Resources Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1G8
VR Resources Ltd is in the process of exploring its mineral exploration properties and evaluating new properties for potential acquisition. Its exploration assets include the Bonita copper-gold property, Danbo property, Amsel property, and the Forsyth property among others.

VR Resources Headlines

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