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Lincoln Gold Mining (TSXV:LMG) PB Ratio : (As of May. 15, 2024)


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What is Lincoln Gold Mining 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 (2024-05-15), Lincoln Gold Mining's share price is C$0.25. Lincoln Gold Mining's Book Value per Share for the quarter that ended in Dec. 2023 was C$-0.17. Hence, Lincoln Gold Mining's PB Ratio of today is .

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

TSXV:LMG's PB Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 1.4
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was 32.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 41.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 41.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lincoln Gold Mining was 60.00% per year. The lowest was -25.50% per year. And the median was 32.30% per year.

Back to Basics: PB Ratio


Lincoln Gold Mining PB Ratio Historical Data

The historical data trend for Lincoln Gold 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.

* Premium members only.

Lincoln Gold Mining PB Ratio Chart

Lincoln Gold Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
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Lincoln Gold Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Lincoln Gold Mining's PB Ratio

For the Gold subindustry, Lincoln Gold 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.


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

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

* The bar in red indicates where Lincoln Gold Mining's PB Ratio falls into.



Lincoln Gold 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.

Lincoln Gold Mining's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.25/-0.166
=

* 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.


Lincoln Gold Mining  (TSXV:LMG) 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.


Lincoln Gold Mining PB Ratio Related Terms

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Lincoln Gold Mining (TSXV:LMG) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 400, Vancouver, BC, CAN, V6C 1H2
Lincoln Gold Mining Inc is a precious metal exploration and development company. It holds an interest in several projects which are in various stages of exploration which include the Pine Grove property located in Nevada, USA, and the Shawinigan located in Canada. The company operates through a single segment which is the Acquisition, exploration, and evaluation of mineral properties. The Company operates within two geographic areas - the United States of America and Canada.

Lincoln Gold Mining (TSXV:LMG) Headlines

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