Osisko Development (TSXV:ODV) PB Ratio

: 0.45 (As of Today)

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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 (2024-04-19), Osisko Development's share price is C$3.10. Osisko Development's Book Value per Share for the quarter that ended in Dec. 2023 was C$6.96. Hence, Osisko Development's PB Ratio of today is 0.45.

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

TSXV:ODV' s PB Ratio Range Over the Past 10 Years
Min: 0.37 Med: 0.65 Max: 1.32
Current: 0.45

During the past 5 years, Osisko Development's highest PB Ratio was 1.32. The lowest was 0.37. And the median was 0.65.

TSXV:ODV's PB Ratio is ranked better than
89.21% of 2391 companies
in the Metals & Mining industry
Industry Median: 1.38 vs TSXV:ODV: 0.45

During the past 12 months, Osisko Development's average Book Value Per Share Growth Rate was -28.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -26.70% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Osisko Development was 1.00% per year. The lowest was -26.70% per year. And the median was -12.85% per year.

Back to Basics: PB Ratio

Osisko Development PB Ratio Historical Data

The historical data trend for Osisko Development'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.

Osisko Development Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

1.29

0.93

0.60

0.55

Osisko Development Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio													0.60	0.74	0.70	0.45	0.55

Competitive Comparison

For the Gold subindustry, Osisko Development'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.

Osisko Development PB Ratio Distribution

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

* The bar in red indicates where Osisko Development's PB Ratio falls into.

Osisko Development 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.

Osisko Development's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	3.10	/	6.958
	=	0.45

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Osisko Development (TSXV:ODV) 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.

Osisko Development PB Ratio Related Terms

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Osisko Development (TSXV:ODV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Osisko Development Corp (TSXV:ODV) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

ODV:USA 3OZ0:Germany 3OZ0:Germany

Address

1100, Avenue des Canadiens-de-Montreal, Suite 300, P.O. Box 211, Montreal, QC, CAN, H3B 2S2

Website

https://www.osiskodev.com

Osisko Development Corp is a mineral exploration and development company engaged in the acquisition, exploration and development of precious metals resource properties in North America. The company is focused on exploring and developing its mining assets, including the Cariboo Gold Project in British Columbia, the San Antonio gold project in Mexico and the Trixie test mine in the USA. The Company manages its business through the exploration, evaluation and development activities of its projects.