Resolute Mining (ASX:RSG) PB Ratio : 1.26 (As of May. 26, 2024)

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What is Resolute 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 (2024-05-26), Resolute Mining's share price is A$0.52. Resolute Mining's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.41. Hence, Resolute Mining's PB Ratio of today is 1.26.

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

ASX:RSG' s PB Ratio Range Over the Past 10 Years
Min: 0.19 Med: 0.95 Max: 3.68
Current: 1.26

During the past 13 years, Resolute Mining's highest PB Ratio was 3.68. The lowest was 0.19. And the median was 0.95.

ASX:RSG's PB Ratio is ranked better than
54.76% of 2376 companies
in the Metals & Mining industry
Industry Median: 1.42 vs ASX:RSG: 1.26

During the past 12 months, Resolute Mining's average Book Value Per Share Growth Rate was 9.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -22.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -17.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Resolute Mining was 38.50% per year. The lowest was -64.00% per year. And the median was 2.40% per year.

Back to Basics: PB Ratio

Resolute Mining PB Ratio Historical Data

The historical data trend for Resolute 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.

Resolute Mining PB Ratio Chart

Resolute Mining Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.25

0.79

0.63

0.53

1.07

Resolute Mining Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.63	0.38	0.53	0.94	1.07

Competitive Comparison of Resolute Mining's PB Ratio

For the Gold subindustry, Resolute 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.

Resolute Mining's PB Ratio Distribution in the Metals & Mining Industry

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

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

Resolute 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.52	/	0.414
	=	1.26

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.

Resolute Mining (ASX:RSG) 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.

Resolute Mining PB Ratio Related Terms

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Resolute Mining (ASX:RSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Resolute Mining Ltd (ASX:RSG) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

RMGGF:USA RSG:UK RSM:Germany

Address

152 St Georges Terrace, Level 37, Central Park Tower, Perth, WA, AUS, 6000

Website

https://www.rml.com.au

Resolute Mining Ltd is an Australia-based gold producer. Its principal activities include gold mining, prospecting, and exploration of minerals. The company organizes its operations into three main business divisions, namely: Mako (Senegal), and Syama (Mali). The firm generates the majority of its revenue from the Syama (Mali) segment. Syama is a robust, long-life asset comprising an underground mine and associated sulphide processing circuit, along with satellite open pit operations which provide ore feed to a separate oxide processing circuit. Mako is a high-quality, open-pit gold mine.