Evolution Mining (ASX:EVN) PB Ratio

: 2.09 (As of Today)

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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 (2024-04-20), Evolution Mining's share price is A$4.07. Evolution Mining's Book Value per Share for the quarter that ended in Dec. 2023 was A$1.95. Hence, Evolution Mining's PB Ratio of today is 2.09.

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

ASX:EVN' s PB Ratio Range Over the Past 10 Years
Min: 0.38 Med: 2.05 Max: 4.32
Current: 2.09

During the past 13 years, Evolution Mining's highest PB Ratio was 4.32. The lowest was 0.38. And the median was 2.05.

ASX:EVN's PB Ratio is ranked worse than
63.84% of 2392 companies
in the Metals & Mining industry
Industry Median: 1.4 vs ASX:EVN: 2.09

During the past 12 months, Evolution Mining's average Book Value Per Share Growth Rate was 10.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Evolution Mining was 77.10% per year. The lowest was -38.70% per year. And the median was 7.55% per year.

Back to Basics: PB Ratio

Evolution Mining PB Ratio Historical Data

The historical data trend for Evolution Mining'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.

Evolution Mining Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

3.07

3.92

3.03

1.34

1.79

Evolution Mining Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio																2.47	1.34	1.68	1.79	2.03

Competitive Comparison

For the Gold subindustry, Evolution Mining'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.

Evolution Mining PB Ratio Distribution

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

* The bar in red indicates where Evolution Mining's PB Ratio falls into.

Evolution Mining 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.

Evolution Mining's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	4.07	/	1.948
	=	2.09

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Evolution Mining (ASX:EVN) 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.

Evolution Mining PB Ratio Related Terms

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Evolution Mining (ASX:EVN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Evolution Mining Ltd (ASX:EVN) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

CAHPF:USA WE7:Germany

Address

175 Liverpool Street, Level 24, Sydney, NSW, AUS, 2000

Website

https://www.evolutionmining.com.au

Evolution Mining is an Australian-based gold miner. It sold around 650,000 ounces of gold in fiscal 2023 from five wholly owned mines in Australia and Canada. Formed in 2011 via the merger of Conquest Mining and Catalpa Resources and the purchase of Newcrest Mining's Mt Rawdon and Cracow mines, Evolution has acquired more mines and sold the generally less attractive, higher-cost mines. Cowal and Mungari were bought in 2015, with an initial interest in Glencore's Ernest Henry mine following in 2016, Red Lake in Canada in 2020, and the rest of Ernest Henry in 2022. It has also agreed to buy an 80% stake in the Northparkes copper and gold mine in New South Wales, likely effective January 2024. It had roughly 13 years of gold reserves at end fiscal 2023.