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Argonaut Gold PB Ratio

: 0.17 (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 (2022-08-14), Argonaut Gold's share price is $0.438. Argonaut Gold's Book Value per Share for the quarter that ended in Mar. 2022 was $2.65. Hence, Argonaut Gold's PB Ratio of today is 0.17.

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

ARNGF' s PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.6   Max: 2.81
Current: 0.17

During the past 13 years, Argonaut Gold's highest PB Ratio was 2.81. The lowest was 0.12. And the median was 0.60.

ARNGF's PB Ratio is ranked better than
99.26% of 2311 companies
in the Metals & Mining industry
Industry Median: 1.71 vs ARNGF: 0.17

During the past 12 months, Argonaut Gold's average Book Value Per Share Growth Rate was -0.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Argonaut Gold was 31.00% per year. The lowest was -9.70% per year. And the median was -2.65% per year.

Back to Basics: PB Ratio


Argonaut Gold PB Ratio Historical Data

The historical data trend for Argonaut Gold'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.

Argonaut Gold Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.54 0.34 0.50 0.82 0.71

Argonaut Gold Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.68 0.86 0.78 0.71 0.74

Competitive Comparison

For the Gold subindustry, Argonaut Gold'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.

   

Argonaut Gold PB Ratio Distribution

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

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



Argonaut Gold 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.

Argonaut Gold's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2022)
=0.438/2.651
=0.17

* 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.


Argonaut Gold  (OTCPK:ARNGF) 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.


Argonaut Gold PB Ratio Related Terms

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


Argonaut Gold Business Description

Argonaut Gold logo
Traded in Other Exchanges
Address
9600 Prototype Court, Reno, NV, USA, 89521
Argonaut Gold Inc is a Canadian gold company engaged in exploration, mine development and production. Its primary assets are the El Castillo mine and San Agustin mine, which together form the El Castillo Complex in Durango, Mexico, the La Colorada mine in Sonora, Mexico and the Florida Canyon mine in Nevada, USA. The company also holds the construction stage Magino project, the advanced exploration stage Cerro del Gallo project and several other exploration stage projects, all of which are located in North America.

Argonaut Gold Headlines

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