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Rush Rare Metals (XCNQ:RSH) PB Ratio : 6.50 (As of May. 23, 2024)


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What is Rush Rare Metals 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 (2024-05-23), Rush Rare Metals's share price is C$0.13. Rush Rare Metals's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.02. Hence, Rush Rare Metals's PB Ratio of today is 6.50.

The historical rank and industry rank for Rush Rare Metals's PB Ratio or its related term are showing as below:

XCNQ:RSH' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 8.5
Current: 6.25

During the past 2 years, Rush Rare Metals's highest PB Ratio was 8.50. The lowest was 0.00. And the median was 0.00.

XCNQ:RSH's PB Ratio is ranked worse than
88.3% of 2377 companies
in the Metals & Mining industry
Industry Median: 1.44 vs XCNQ:RSH: 6.25

During the past 12 months, Rush Rare Metals's average Book Value Per Share Growth Rate was 42.90% per year.

Back to Basics: PB Ratio


Rush Rare Metals PB Ratio Historical Data

The historical data trend for Rush Rare Metals'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.

Rush Rare Metals PB Ratio Chart

Rush Rare Metals Annual Data
Trend Jun22 Jun23
PB Ratio
- 2.00

Rush Rare Metals Quarterly Data
Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial - 2.33 2.00 3.86 3.50

Competitive Comparison of Rush Rare Metals's PB Ratio

For the Other Industrial Metals & Mining subindustry, Rush Rare Metals'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.


Rush Rare Metals's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Rush Rare Metals's PB Ratio falls into.



Rush Rare Metals 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.

Rush Rare Metals's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.13/0.02
=6.50

* 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.


Rush Rare Metals  (XCNQ:RSH) 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.


Rush Rare Metals PB Ratio Related Terms

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


Rush Rare Metals (XCNQ:RSH) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 600, Vancouver, BC, CAN, V6E 3V7
Rush Rare Metals Corp is a mineral exploration company focused on its Boxi Property located in the Province of Quebec, Canada. The company also owns the Copper Mountain Project located in Wyoming, USA.

Rush Rare Metals (XCNQ:RSH) Headlines

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