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Gold Road Resources (ASX:GOR) Price-to-Tangible-Book : 1.85 (As of May. 02, 2024)


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What is Gold Road Resources Price-to-Tangible-Book?

As of today (2024-05-02), Gold Road Resources's share price is A$1.61. Gold Road Resources's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.87. Hence, Gold Road Resources's Price to Tangible Book Ratio of today is 1.85.

The historical rank and industry rank for Gold Road Resources's Price-to-Tangible-Book or its related term are showing as below:

ASX:GOR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.5   Med: 2.96   Max: 4.14
Current: 1.85

During the past 13 years, Gold Road Resources's highest Price to Tangible Book Ratio was 4.14. The lowest was 1.50. And the median was 2.96.

ASX:GOR's Price-to-Tangible-Book is ranked worse than
61.81% of 2236 companies
in the Metals & Mining industry
Industry Median: 1.31 vs ASX:GOR: 1.85

A closely related ratio is called PB Ratio. As of today, Gold Road Resources's share price is A$1.61. Gold Road Resources's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.87. Hence, Gold Road Resources's P/B Ratio of today is 1.85.


Gold Road Resources Price-to-Tangible-Book Historical Data

The historical data trend for Gold Road Resources's Price-to-Tangible-Book 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.

Gold Road Resources Price-to-Tangible-Book Chart

Gold Road Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.51 2.78 3.13 2.19 2.25

Gold Road Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book 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 3.13 1.67 2.19 1.78 2.25

Competitive Comparison of Gold Road Resources's Price-to-Tangible-Book

For the Gold subindustry, Gold Road Resources's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Gold Road Resources's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Gold Road Resources's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Gold Road Resources's Price-to-Tangible-Book falls into.



Gold Road Resources Price-to-Tangible-Book Calculation

Gold Road Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=1.61/0.872
=1.85

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Gold Road Resources Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Gold Road Resources's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Gold Road Resources (ASX:GOR) Business Description

Traded in Other Exchanges
Address
26 Colin Street, Level 2, West Perth, Perth, WA, AUS, 6005
Gold Road Resources Ltd together with its subsidiaries, engages in the exploration and development of mineral properties in Australia. The company operates in three reportable segments that are Operations, Exploration, and Unallocated, out of which the majority of the revenue is generated from the Operations segment.

Gold Road Resources (ASX:GOR) Headlines

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