Xtra-Gold Resources's book value per share for the quarter that ended in Mar. 2024 was C$0.31.
During the past 12 months, Xtra-Gold Resources's average Book Value Per Share Growth Rate was -4.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 16.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 16.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Xtra-Gold Resources was 46.80% per year. The lowest was -34.20% per year. And the median was 5.40% per year.
During the past 13 years, the highest P/B Ratio of Xtra-Gold Resources was 5.15. The lowest was 0.00. And the median was 0.00.
Xtra-Gold Resources Book Value per Share Historical Data
The historical data trend for Xtra-Gold Resources's Book Value per Share 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.
Competitive Comparison of Xtra-Gold Resources's Book Value per Share
For the Gold subindustry, Xtra-Gold Resources'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.
Xtra-Gold Resources's PB Ratio Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Xtra-Gold Resources's PB Ratio distribution charts can be found below:
* The bar in red indicates where Xtra-Gold Resources's PB Ratio falls into.
Xtra-Gold Resources Book Value per Share Calculation
Xtra-Gold Resources's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Xtra-Gold Resources (TSX:XTG) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Xtra-Gold Resources Book Value per Share Related Terms
Thank you for viewing the detailed overview of Xtra-Gold Resources's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Xtra-Gold Resources (TSX:XTG) Business Description
Xtra-Gold Resources Corp is a gold exploration company with a substantial land position in the Kibi Gold Belt. The Kibi Gold Belt, which exhibits many similar geological features to Ghana's main gold belt, the Ashanti Belt, has been the subject of very limited modern exploration activity targeting lode gold deposits as virtually all past gold mining activity and exploration efforts focused on the extensive alluvial gold occurrences in many river valleys throughout the Kibi area. Its mining portfolio consists of 225.87 sq km comprised of 33.65 sq km for the Kibi project, 51.67 sq km for Banso project, 55.28 sq km for Muoso project, 44.76 sq km for the Kwabeng project, and 40.51 sq km for the Pameng project, or 55,873 acres, pursuant to the leased areas set forth in mining leases.
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