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i-80 Gold (TSX:IAU) PB Ratio : 0.88 (As of Apr. 25, 2024)


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What is i-80 Gold 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 (2024-04-25), i-80 Gold's share price is C$1.68. i-80 Gold's Book Value per Share for the quarter that ended in Dec. 2023 was C$1.92. Hence, i-80 Gold's PB Ratio of today is 0.88.

Good Sign:

i-80 Gold Corp stock PB Ratio (=0.87) is close to 3-year low of 0.85

The historical rank and industry rank for i-80 Gold's PB Ratio or its related term are showing as below:

TSX:IAU' s PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.27   Max: 2.03
Current: 0.87

During the past 4 years, i-80 Gold's highest PB Ratio was 2.03. The lowest was 0.85. And the median was 1.27.

TSX:IAU's PB Ratio is ranked better than
67.99% of 2396 companies
in the Metals & Mining industry
Industry Median: 1.37 vs TSX:IAU: 0.87

During the past 12 months, i-80 Gold's average Book Value Per Share Growth Rate was 1.80% per year.

Back to Basics: PB Ratio


i-80 Gold PB Ratio Historical Data

The historical data trend for i-80 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.

* Premium members only.

i-80 Gold PB Ratio Chart

i-80 Gold Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PB Ratio
- 1.42 2.01 1.22

i-80 Gold Quarterly Data
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 2.01 1.66 1.47 0.99 1.22

Competitive Comparison of i-80 Gold's PB Ratio

For the Gold subindustry, i-80 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.


i-80 Gold's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, i-80 Gold's PB Ratio distribution charts can be found below:

* The bar in red indicates where i-80 Gold's PB Ratio falls into.



i-80 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.

i-80 Gold's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1.68/1.916
=0.88

* 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.


i-80 Gold  (TSX:IAU) 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.


i-80 Gold PB Ratio Related Terms

Thank you for viewing the detailed overview of i-80 Gold's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


i-80 Gold (TSX:IAU) Business Description

Traded in Other Exchanges
Address
1100 Russell Street, Thunder Bay, ON, CAN, P7B 5N2
i-80 Gold Corp is a well-financed gold producer and developer holding an impressive portfolio of advanced-stage gold projects in the State of Nevada. The company's primary goal is to build a self-sustaining, mid-tier, mining company with a peer-best growth platform by employing a methodical, capital disciplined and staged approach to minimize risk while also assessing and monitoring for accretive growth opportunities.
Executives
John Seaman Director

i-80 Gold (TSX:IAU) Headlines

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