Eastern Platinum (Eastern Platinum) PB Ratio : 0.40 (As of May. 11, 2024)

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What is Eastern Platinum 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 (2024-05-11), Eastern Platinum's share price is $0.1613. Eastern Platinum's Book Value per Share for the quarter that ended in Sep. 2023 was $0.40. Hence, Eastern Platinum's PB Ratio of today is 0.40.

Warning Sign:

Eastern Platinum Ltd stock PB Ratio (=0.42) is close to 10-year high of 0.45

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

ELRFF' s PB Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.17 Max: 0.45
Current: 0.42

During the past 13 years, Eastern Platinum's highest PB Ratio was 0.45. The lowest was 0.03. And the median was 0.17.

ELRFF's PB Ratio is ranked better than
91.38% of 2391 companies
in the Metals & Mining industry
Industry Median: 1.42 vs ELRFF: 0.42

During the past 12 months, Eastern Platinum's average Book Value Per Share Growth Rate was -30.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -24.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -16.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -15.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Eastern Platinum was 179.30% per year. The lowest was -27.20% per year. And the median was -7.40% per year.

Back to Basics: PB Ratio

Eastern Platinum PB Ratio Historical Data

The historical data trend for Eastern Platinum'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.

Eastern Platinum PB Ratio Chart

Eastern Platinum Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

PB Ratio

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0.08

0.14

0.25

0.20

Eastern Platinum Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
PB Ratio	Get a 7-Day Free Trial															0.23	0.20	0.15	0.16	0.16

Competitive Comparison of Eastern Platinum's PB Ratio

For the Other Precious Metals & Mining subindustry, Eastern Platinum'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.

Eastern Platinum's PB Ratio Distribution in the Metals & Mining Industry

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

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

Eastern Platinum 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.

Eastern Platinum's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	0.1613	/	0.401
	=	0.40

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.

Eastern Platinum (OTCPK:ELRFF) 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.

Eastern Platinum PB Ratio Related Terms

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

Eastern Platinum (Eastern Platinum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eastern Platinum Ltd (OTCPK:ELRFF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

EPS:South Africa E9P1:Germany ELR:Canada

Address

1188 West Georgia Street, Suite 1080, Vancouver, BC, CAN, V6E 4A2

Website

https://www.eastplats.com

Eastern Platinum Ltd owns, directly and indirectly, a number of PGM and chrome assets in the Republic of South Africa. All of the company's properties are situated on the western and eastern limbs of the Bushveld Complex, the geological environment that hosts approximately 80% of the world's PGM-bearing ore. It has three segments CRM, Eastern Limb and Corporate. Operations at the Crocodile River Mine include re-mining and processing its tailings resource, with an offtake of the chrome concentrate to Union Goal from the Zandfontein UG2 tailings facility and the processing and extraction of platinum group metals.

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