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East Africa Metals (East Africa Metals) PB Ratio : 1.11 (As of Apr. 26, 2024)


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What is East Africa 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 (2024-04-26), East Africa Metals's share price is $0.052. East Africa Metals's Book Value per Share for the quarter that ended in Dec. 2023 was $0.05. Hence, East Africa Metals's PB Ratio of today is 1.11.

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

EFRMF' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 8.22
Current: 1.83

During the past 10 years, East Africa Metals's highest PB Ratio was 8.22. The lowest was 0.00. And the median was 0.00.

EFRMF's PB Ratio is ranked worse than
60.43% of 2396 companies
in the Metals & Mining industry
Industry Median: 1.37 vs EFRMF: 1.83

During the past 12 months, East Africa Metals's average Book Value Per Share Growth Rate was -21.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -12.70% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of East Africa Metals was -7.70% per year. The lowest was -47.50% per year. And the median was -22.70% per year.

Back to Basics: PB Ratio


East Africa Metals PB Ratio Historical Data

The historical data trend for East Africa 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.

East Africa Metals PB Ratio Chart

East Africa Metals Annual Data
Trend Jun12 Jun13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.21 1.43 1.35 2.37 2.50

East Africa Metals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 2.12 - 0.22 0.24 1.11

Competitive Comparison of East Africa Metals's PB Ratio

For the Other Industrial Metals & Mining subindustry, East Africa 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.


East Africa Metals's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where East Africa Metals's PB Ratio falls into.



East Africa 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.

East Africa Metals's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.052/0.047
=1.11

* 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.


East Africa Metals  (OTCPK:EFRMF) 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.


East Africa Metals PB Ratio Related Terms

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


East Africa Metals (East Africa Metals) Business Description

Traded in Other Exchanges
Address
777 Dunsmuir Street, 17th Floor, Vancouver, BC, CAN, V7Y 1K4
East Africa Metals Inc is a mineral exploration company focused on the identification, acquisition, exploration, development, and/or sale of base and precious mineral resource properties in Ethiopia and Tanzania. The company's mineral properties consist of one project in Ethiopia, the Harvest Project, Adyabo Project, and one project in Tanzania, the Handeni and Other Properties. The geographical segments of the company include Canada, Tanzania, and Ethiopia. It has one reportable segment Exploration and Development of Mineral Properties.

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