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 (2024-04-27), SSR Mining's share price is $5.57. SSR Mining's Book Value per Share for the quarter that ended in Dec. 2023 was $16.62. Hence, SSR Mining's PB Ratio of today is 0.34.
The historical rank and industry rank for SSR Mining's PB Ratio or its related term are showing as below:
SSRM'
s PB Ratio Range Over the Past 10 Years
Min: 0.24 Med: 1.06 Max: 2.53
Current: 0.34
During the past 13 years, SSR Mining's highest PB Ratio was 2.53. The lowest was 0.24. And the median was 1.06.
SSRM's PB Ratio is ranked better than 92.82% of 2395
companies
in the Metals & Mining industry
Industry Median: 1.38
vs SSRM: 0.34
During the past 12 months, SSR Mining's average Book Value Per Share Growth Rate was -5.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 17.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SSR Mining was 52.90% per year. The lowest was -12.80% per year. And the median was 12.60% per year.
Back to Basics: PB Ratio
SSR Mining PB Ratio Historical Data
The historical data trend for SSR Mining'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, SSR Mining'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.
SSR Mining's PB Ratio Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, SSR Mining's PB Ratio distribution charts can be found below:
* The bar in red indicates where SSR Mining's PB Ratio falls into.
SSR Mining 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.
SSR Mining'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.
SSR Mining PB Ratio Related Terms
Thank you for viewing the detailed overview of SSR Mining's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard's revenue is attributable to the production of gold, with a significant portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Puna mine in Argentina. The majority of gold production is derived from the Marigold mine, and Silver Standard's silver production is principally derived from the Puna mine.
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