New Century Resources (ASX:NCZ) PB Ratio : 1.89 (As of May. 14, 2024)

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What is New Century Resources 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 (2024-05-14), New Century Resources's share price is A$1.10. New Century Resources's Book Value per Share for the quarter that ended in Dec. 2022 was A$0.58. Hence, New Century Resources's PB Ratio of today is 1.89.

The historical rank and industry rank for New Century Resources's PB Ratio or its related term are showing as below:

ASX:NCZ' s PB Ratio Range Over the Past 10 Years
Min: 1.03 Med: 2.66 Max: 4.72
Current: 1.89

During the past 12 years, New Century Resources's highest PB Ratio was 4.72. The lowest was 1.03. And the median was 2.66.

ASX:NCZ's PB Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 1.41 vs ASX:NCZ: 1.89

During the past 12 months, New Century Resources's average Book Value Per Share Growth Rate was -19.00% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of New Century Resources was 57.40% per year. The lowest was -38.80% per year. And the median was -19.30% per year.

Back to Basics: PB Ratio

New Century Resources PB Ratio Historical Data

The historical data trend for New Century Resources'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.

New Century Resources PB Ratio Chart

New Century Resources Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

PB Ratio

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2.88

4.51

2.13

New Century Resources Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
PB Ratio	Get a 7-Day Free Trial															3.63	4.51	3.19	2.13	1.46

Competitive Comparison of New Century Resources's PB Ratio

For the Other Industrial Metals & Mining subindustry, New Century Resources'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.

New Century Resources's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where New Century Resources's PB Ratio falls into.

New Century Resources 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.

New Century Resources's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2022)
	=	1.10	/	0.583
	=	1.89

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.

New Century Resources (ASX:NCZ) 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.

New Century Resources PB Ratio Related Terms

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New Century Resources (ASX:NCZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Century Resources Ltd (ASX:NCZ) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

360 Collins Street, Level 4, Melbourne, VIC, AUS, 3000

Website

https://www.newcenturyresources.com

New Century Resources Ltd is a mining company focused on producing metal from globally significant assets, acquired on attractive terms while rehabilitating legacy impacts on the environment. The company is a Zinc producer, operating Australia's hydraulic mining operation at the Century Mine in Queensland; extracting, processing and shipping Zinc reprocessed from historical tailings waste. It is actively progressing organic growth opportunities through in-situ projects at Century and exploring the potential to restart the Mt Lyell Copper Mine in Tasmania using renewable energy. In addition, the group is partnering with major mining companies to reprocess and rehabilitate tailings, to the benefit of the shareholders and the environment.