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), Patriot Gold's share price is $0.0711. Patriot Gold's Book Value per Share for the quarter that ended in Dec. 2023 was $0.04. Hence, Patriot Gold's PB Ratio of today is 1.62.
The historical rank and industry rank for Patriot Gold's PB Ratio or its related term are showing as below:
PGOL'
s PB Ratio Range Over the Past 10 Years
Min: 0.66 Med: 1.85 Max: 5.71
Current: 1.78
During the past 13 years, Patriot Gold's highest PB Ratio was 5.71. The lowest was 0.66. And the median was 1.85.
PGOL's PB Ratio is ranked worse than 59.06% of 2396
companies
in the Metals & Mining industry
Industry Median: 1.38
vs PGOL: 1.78
During the past 12 months, Patriot Gold's average Book Value Per Share Growth Rate was -13.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 30.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 31.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Patriot Gold was 59.80% per year. The lowest was -49.30% per year. And the median was -1.50% per year.
Back to Basics: PB Ratio
Patriot Gold PB Ratio Historical Data
The historical data trend for Patriot 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.
For the Gold subindustry, Patriot 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.
Patriot Gold's PB Ratio Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Patriot Gold's PB Ratio distribution charts can be found below:
* The bar in red indicates where Patriot Gold's PB Ratio falls into.
Patriot 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.
Patriot Gold's PB Ratio for today is calculated as follows:
* 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.
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.
Patriot Gold PB Ratio Related Terms
Thank you for viewing the detailed overview of Patriot Gold's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Patriot Gold Corp is a natural resource exploration and mining company, engaged in acquiring, exploring, and developing natural resource properties in Nevada. The company principally focuses on the gold sector. The group's portfolio consists of a number of projects, including the Moss Mine Royalty, the Vernal Gold Project, the Windy Peak Gold Project, and the Rainbow Mountain Gold Project.
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