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American Critical Elements (XCNQ:ACRE) PB Ratio : 18.33 (As of Dec. 15, 2024)


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What is American Critical Elements 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 (2024-12-15), American Critical Elements's share price is C$0.11. American Critical Elements's Book Value per Share for the quarter that ended in Jul. 2024 was C$0.01. Hence, American Critical Elements's PB Ratio of today is 18.33.

The historical rank and industry rank for American Critical Elements's PB Ratio or its related term are showing as below:

XCNQ:ACRE' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 125.02
Current: 18.33

During the past 13 years, American Critical Elements's highest PB Ratio was 125.02. The lowest was 0.00. And the median was 0.00.

XCNQ:ACRE's PB Ratio is ranked worse than
97.24% of 2321 companies
in the Metals & Mining industry
Industry Median: 1.34 vs XCNQ:ACRE: 18.33

During the past 12 months, American Critical Elements's average Book Value Per Share Growth Rate was -66.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 51.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of American Critical Elements was 65.10% per year. The lowest was -65.30% per year. And the median was 2.95% per year.

Back to Basics: PB Ratio


American Critical Elements PB Ratio Historical Data

The historical data trend for American Critical Elements'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.

American Critical Elements PB Ratio Chart

American Critical Elements Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.00 60.00 - 5.56 28.57

American Critical Elements 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 5.56 5.88 6.25 28.57 16.67

Competitive Comparison of American Critical Elements's PB Ratio

For the Other Industrial Metals & Mining subindustry, American Critical Elements'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.


American Critical Elements's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where American Critical Elements's PB Ratio falls into.



American Critical Elements 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.

American Critical Elements's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jul. 2024)
=0.11/0.006
=18.33

* 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.


American Critical Elements  (XCNQ:ACRE) 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.


American Critical Elements PB Ratio Related Terms

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American Critical Elements Business Description

Traded in Other Exchanges
N/A
Address
1066 West Hastings Street, Suite 1895, Vancouver, BC, CAN, V6E 3X1
American Critical Elements Inc is a Canadian-based exploration stage company. It is mainly engaged in acquiring, exploring, and developing mineral resources. It has interests in the True Blue Property in the Yukon Territory.