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WGLIF (Westward Gold) PB Ratio : 0.85 (As of Dec. 14, 2024)


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What is Westward Gold 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), Westward Gold's share price is $0.0501. Westward Gold's Book Value per Share for the quarter that ended in Sep. 2024 was $0.06. Hence, Westward Gold's PB Ratio of today is 0.85.

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

WGLIF' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.35
Current: 1

During the past 7 years, Westward Gold's highest PB Ratio was 2.35. The lowest was 0.00. And the median was 0.00.

WGLIF's PB Ratio is ranked better than
58.77% of 2321 companies
in the Metals & Mining industry
Industry Median: 1.36 vs WGLIF: 1.00

During the past 12 months, Westward Gold's average Book Value Per Share Growth Rate was -13.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 51.20% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Westward Gold was 168.40% per year. The lowest was 15.30% per year. And the median was 81.65% per year.

Back to Basics: PB Ratio


Westward Gold PB Ratio Historical Data

The historical data trend for Westward Gold'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.

Westward Gold PB Ratio Chart

Westward Gold Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial - - 1.12 1.55 0.86

Westward Gold Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 1.10 1.29 0.86 0.92 0.96

Competitive Comparison of Westward Gold's PB Ratio

For the Gold subindustry, Westward Gold'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.


Westward Gold's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Westward Gold's PB Ratio falls into.



Westward Gold 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.

Westward Gold's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=0.0501/0.059
=0.85

* 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.


Westward Gold  (OTCPK:WGLIF) 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.


Westward Gold PB Ratio Related Terms

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


Westward Gold Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7
Westward Gold Inc is a mineral exploration company focused on developing the Toiyabe and Turquoise Canyon Projects located in the Cortez Hills area of Lander County, Nevada. It is also advancing the Mulloy Project in Northern Ontario.

Westward Gold Headlines

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