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), Royal Gold's share price is $122.90. Royal Gold's Book Value per Share for the quarter that ended in Dec. 2023 was $44.01. Hence, Royal Gold's PB Ratio of today is 2.79.
The historical rank and industry rank for Royal Gold's PB Ratio or its related term are showing as below:
RGLD'
s PB Ratio Range Over the Past 10 Years
Min: 0.75 Med: 2.47 Max: 4.09
Current: 2.79
During the past 13 years, Royal Gold's highest PB Ratio was 4.09. The lowest was 0.75. And the median was 2.47.
RGLD's PB Ratio is ranked worse than 73.33% of 2396
companies
in the Metals & Mining industry
Industry Median: 1.37
vs RGLD: 2.79
During the past 12 months, Royal Gold's average Book Value Per Share Growth Rate was 5.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Royal Gold was 91.80% per year. The lowest was -58.10% per year. And the median was 8.60% per year.
Back to Basics: PB Ratio
Royal Gold PB Ratio Historical Data
The historical data trend for Royal 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, Royal 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.
Royal Gold's PB Ratio Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Royal Gold's PB Ratio distribution charts can be found below:
* The bar in red indicates where Royal Gold's PB Ratio falls into.
Royal 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.
Royal 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.
Royal Gold PB Ratio Related Terms
Thank you for viewing the detailed overview of Royal Gold's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Royal Gold Inc enquires and manages precious metal royalties and streams, with a focus on gold. The company operates by purchasing a percentage of the metal produced from a mineral property for an initial payment, without assuming responsibility of mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine, in exchange for an upfront deposit payment. Generally Royal Gold does not conduct any work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.
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