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), Athena Gold's share price is $0.032. Athena Gold's Book Value per Share for the quarter that ended in Dec. 2023 was $0.04. Hence, Athena Gold's PB Ratio of today is 0.84.
The historical rank and industry rank for Athena Gold's PB Ratio or its related term are showing as below:
AHNR'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 119
Current: 0.84
During the past 13 years, Athena Gold's highest PB Ratio was 119.00. The lowest was 0.00. And the median was 0.00.
AHNR's PB Ratio is ranked better than 69.15% of 2392
companies
in the Metals & Mining industry
Industry Median: 1.41
vs AHNR: 0.84
During the past 12 months, Athena Gold's average Book Value Per Share Growth Rate was 5.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Athena Gold was 68.70% per year. The lowest was -124.30% per year. And the median was 12.30% per year.
Back to Basics: PB Ratio
Athena Gold PB Ratio Historical Data
The historical data trend for Athena 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.
For the Other Precious Metals & Mining subindustry, Athena 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.
Athena Gold's PB Ratio Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Athena Gold's PB Ratio distribution charts can be found below:
* The bar in red indicates where Athena Gold's PB Ratio falls into.
Athena 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.
Athena Gold's PB Ratio for today is calculated as follows:
* 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.
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.
Athena Gold PB Ratio Related Terms
Thank you for viewing the detailed overview of Athena Gold's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Athena Gold Corp is focused on the exploration and development of precious metals in the Western United States. Its core holding is Excelsior Springs Project in Nevada's Walker Lane Gold District.
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