GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ascendant Resources Inc (FRA:2D9) » Definitions » PB Ratio

Ascendant Resources (FRA:2D9) PB Ratio

: (As of Today)
View and export this data going back to 2017. Start your Free Trial

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 (2024-04-19), Ascendant Resources's share price is €0.04. Ascendant Resources's Book Value per Share for the quarter that ended in Dec. 2023 was €-0.09. Hence, Ascendant Resources's PB Ratio of today is .

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

During the past 13 years, Ascendant Resources's highest PB Ratio was 11.54. The lowest was 0.39. And the median was 2.14.

FRA:2D9's PB Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 1.4
* Ranked among companies with meaningful PB Ratio only.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ascendant Resources was 201.60% per year. The lowest was -52.60% per year. And the median was -11.50% per year.

Back to Basics: PB Ratio


Ascendant Resources PB Ratio Historical Data

The historical data trend for Ascendant 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.

Ascendant Resources Annual Data
Trend Jul14 Jul15 Jul16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.82 2.11 3.94 - -

Ascendant Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only - - - 4.21 -

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Ascendant 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.


Ascendant Resources PB Ratio Distribution

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

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



Ascendant 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.04/-0.093
=

* 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.


Ascendant Resources  (FRA:2D9) 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.


Ascendant Resources PB Ratio Related Terms

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


Ascendant Resources (FRA:2D9) Business Description

Traded in Other Exchanges
Address
200 Bay Street, Suite 3205, Toronto, ON, CAN, M5J 2J2
Ascendant Resources Inc is a mining company. The company is engaged in evaluating resource opportunities. It is focused on its own producing El Mochito zinc, silver and lead mine. The El Mochito mine is located in northwestern Honduras. The underground operation takes advantage of selective and bulk underground mining methods to mine multiple flat-lying manto deposits and high-grade vertical chimneys, producing zinc and lead concentrates with silver credits. It also holds an interest in Lagoa Salgada Project.

Ascendant Resources (FRA:2D9) Headlines

No Headlines