GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Artemis Gold Inc (OTCPK:ARGTF) » Definitions » PB Ratio

Artemis Gold (Artemis Gold) PB Ratio : 3.05 (As of Apr. 30, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Artemis 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 (2024-04-30), Artemis Gold's share price is $6.65. Artemis Gold's Book Value per Share for the quarter that ended in Dec. 2023 was $2.18. Hence, Artemis Gold's PB Ratio of today is 3.05.

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

ARGTF' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 7.5
Current: 3.09

During the past 5 years, Artemis Gold's highest PB Ratio was 7.50. The lowest was 0.00. And the median was 0.00.

ARGTF's PB Ratio is ranked worse than
75.72% of 2393 companies
in the Metals & Mining industry
Industry Median: 1.38 vs ARGTF: 3.09

During the past 12 months, Artemis Gold's average Book Value Per Share Growth Rate was -2.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.90% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Artemis Gold was 43.30% per year. The lowest was 11.90% per year. And the median was 27.60% per year.

Back to Basics: PB Ratio


Artemis Gold PB Ratio Historical Data

The historical data trend for Artemis 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.

Artemis Gold PB Ratio Chart

Artemis Gold Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
1.31 3.07 2.58 1.49 2.20

Artemis Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.49 1.54 1.62 2.00 2.20

Competitive Comparison of Artemis Gold's PB Ratio

For the Gold subindustry, Artemis 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.


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

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

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



Artemis 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=6.65/2.181
=3.05

* 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.


Artemis Gold  (OTCPK:ARGTF) 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.


Artemis Gold PB Ratio Related Terms

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


Artemis Gold (Artemis Gold) Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Three Bentall Centre, Suite 3083, P.O. Box 49298, Vancouver, BC, CAN, V7X 1L3
Artemis Gold Inc is a Canadian-based company. It is a growth-oriented gold development company. The company holds interests in the GK project and Blackwater Gold Project located in British Columbia. It has one segment being the exploration and development of mineral properties.

Artemis Gold (Artemis Gold) Headlines