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Global Atomic (TSX:GLO) PB Ratio : 2.71 (As of Apr. 27, 2024)


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What is Global Atomic 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 (2024-04-27), Global Atomic's share price is C$2.04. Global Atomic's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.75. Hence, Global Atomic's PB Ratio of today is 2.71.

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

TSX:GLO' s PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.26   Max: 11.69
Current: 2.72

During the past 13 years, Global Atomic's highest PB Ratio was 11.69. The lowest was 0.32. And the median was 1.26.

TSX:GLO's PB Ratio is ranked worse than
72.69% of 2395 companies
in the Metals & Mining industry
Industry Median: 1.38 vs TSX:GLO: 2.72

During the past 12 months, Global Atomic's average Book Value Per Share Growth Rate was 34.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 30.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 16.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 14.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Global Atomic was 86.60% per year. The lowest was -68.70% per year. And the median was 7.60% per year.

Back to Basics: PB Ratio


Global Atomic PB Ratio Historical Data

The historical data trend for Global Atomic'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.

Global Atomic PB Ratio Chart

Global Atomic Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 4.66 8.07 6.27 3.69

Global Atomic Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.27 3.83 4.24 3.20 3.69

Competitive Comparison of Global Atomic's PB Ratio

For the Other Industrial Metals & Mining subindustry, Global Atomic'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.


Global Atomic's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Global Atomic's PB Ratio falls into.



Global Atomic 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.

Global Atomic's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=2.04/0.753
=2.71

* 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.


Global Atomic  (TSX:GLO) 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.


Global Atomic PB Ratio Related Terms

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Global Atomic (TSX:GLO) Business Description

Traded in Other Exchanges
Address
8 King Street East, Suite 1700, Toronto, ON, CAN, M5C 1B5
Global Atomic Corp is a Canadian-based company that operates along with its subsidiaries. Its business activities include processing of electric arc furnace dust (EAFD) obtained from steel companies in Turkey, through a Waelz kiln process to recover zinc concentrates that are then treated by zinc smelters; and acquisition, exploration, and development of uranium properties in Niger. It has two segments the Uranium Business and the EAFD Business. The majority of its revenue comes from its EAFD business.