Antofagasta (LSE:ANTO) PB Ratio : 3.02 (As of Apr. 25, 2024)

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What is Antofagasta 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 (2024-04-25), Antofagasta's share price is £21.66. Antofagasta's Book Value per Share for the quarter that ended in Dec. 2023 was £7.17. Hence, Antofagasta's PB Ratio of today is 3.02.

Warning Sign:

Antofagasta PLC stock PB Ratio (=3.14) is close to 10-year high of 3.2

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

LSE:ANTO' s PB Ratio Range Over the Past 10 Years
Min: 0.78 Med: 1.79 Max: 3.2
Current: 3.14

During the past 13 years, Antofagasta's highest PB Ratio was 3.20. The lowest was 0.78. And the median was 1.79.

LSE:ANTO's PB Ratio is ranked worse than
76.75% of 2396 companies
in the Metals & Mining industry
Industry Median: 1.37 vs LSE:ANTO: 3.14

During the past 12 months, Antofagasta's average Book Value Per Share Growth Rate was -0.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Antofagasta was 100.00% per year. The lowest was -0.30% per year. And the median was 14.05% per year.

Back to Basics: PB Ratio

Antofagasta PB Ratio Historical Data

The historical data trend for Antofagasta'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.

Antofagasta PB Ratio Chart

Antofagasta Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.60

2.46

2.10

2.15

2.34

Antofagasta 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	Get a 7-Day Free Trial															2.10	1.89	2.15	2.15	2.34

Competitive Comparison of Antofagasta's PB Ratio

For the Copper subindustry, Antofagasta'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.

Antofagasta's PB Ratio Distribution in the Metals & Mining Industry

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

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

Antofagasta 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.

Antofagasta's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	21.66	/	7.173
	=	3.02

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.

Antofagasta (LSE:ANTO) 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.

Antofagasta PB Ratio Related Terms

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

Antofagasta (LSE:ANTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Antofagasta PLC (LSE:ANTO) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

ANFGF:USA ANTOl:UK FG1:Germany

Address

103 Mount Street, London, GBR, W1K 2TJ

Website

https://www.antofagasta.co.uk

Antofagasta PLC is a Chilean copper mining company. The company operates four copper mines in Chile, two of which produce significant volumes of by-products. The company also has a portfolio of growth opportunities located mainly in Chile. In addition to mining, the company has a transport division providing rail and road cargo services in northern Chile to mining customers. All of the company's operations are located in the Antofagasta Region of northern Chile except for its flagship operation, Los Pelambres, which is in the Coquimbo Region of central Chile. The operating business segments are Los Pelambres, Centinela, Antucoya, Zaldivar, Exploration and evaluation, Corporate and other items, and Transport division. The Los Pelambres segment drives maximum revenue.

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