Premier Gold Mines (Premier Gold Mines) PB Ratio : 2.00 (As of Apr. 26, 2024)

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What is Premier Gold Mines 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 (2024-04-26), Premier Gold Mines's share price is $2.35. Premier Gold Mines's Book Value per Share for the quarter that ended in Dec. 2020 was $1.18. Hence, Premier Gold Mines's PB Ratio of today is 2.00.

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

PIRGF' s PB Ratio Range Over the Past 10 Years
Min: 0.58 Med: 1.39 Max: 2.59
Current: 1.96

During the past 13 years, Premier Gold Mines's highest PB Ratio was 2.59. The lowest was 0.58. And the median was 1.39.

PIRGF's PB Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 1.38 vs PIRGF: 1.96

During the past 12 months, Premier Gold Mines's average Book Value Per Share Growth Rate was -12.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -8.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Premier Gold Mines was 39.10% per year. The lowest was -16.60% per year. And the median was 5.75% per year.

Back to Basics: PB Ratio

Premier Gold Mines PB Ratio Historical Data

The historical data trend for Premier Gold Mines'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.

Premier Gold Mines PB Ratio Chart

Premier Gold Mines Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

PB Ratio

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1.39

1.88

0.85

1.15

2.02

Premier Gold Mines Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
PB Ratio	Get a 7-Day Free Trial															1.15	0.67	1.37	1.60	2.02

Competitive Comparison of Premier Gold Mines's PB Ratio

For the Gold subindustry, Premier Gold Mines'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.

Premier Gold Mines's PB Ratio Distribution in the Metals & Mining Industry

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

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

Premier Gold Mines 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2020)
	=	2.35	/	1.177
	=	2.00

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.

Premier Gold Mines (OTCPK:PIRGF) 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.

Premier Gold Mines PB Ratio Related Terms

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

Premier Gold Mines (Premier Gold Mines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Premier Gold Mines Ltd (OTCPK:PIRGF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

1100 Russell Street, Suite 200, Thunder Bay, ON, CAN, P7B 5N2

Website

http://www.premiergoldmines.com

Premier Gold Mines Ltd is a mineral exploration company focused on the exploration and development of gold and silver. The company's projects portfolio includes South Arturo Property, Mercedes mine, Hardrock Gold Project, Rahill-Bonanza Property, McCoy Cove gold Property, Hasaga gold properties, and Rodeo Creek. Its operating segment includes Mercedes; and South Arturo. The company generates maximum revenue from the Mercedes mine segment. It operates in three geographical areas namely Canada, the United States, and Mexico of which Mexico derives a majority of revenue to the company.

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