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Golden Star Resources (Golden Star Resources) PB Ratio : (As of Jun. 10, 2024)


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What is Golden Star Resources 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 (2024-06-10), Golden Star Resources's share price is $1.00. Golden Star Resources's Book Value per Share for the quarter that ended in Mar. 2024 was $-0.11. Hence, Golden Star Resources's PB Ratio of today is .

The historical rank and industry rank for Golden Star Resources's PB Ratio or its related term are showing as below:

GLNS's PB Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 1.4
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was -7.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -7.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Golden Star Resources was -5.60% per year. The lowest was -166.80% per year. And the median was -9.75% per year.

Back to Basics: PB Ratio


Golden Star Resources PB Ratio Historical Data

The historical data trend for Golden Star Resources'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.

Golden Star Resources PB Ratio Chart

Golden Star Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
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Golden Star Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Golden Star Resources's PB Ratio

For the Gold subindustry, Golden Star 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.


Golden Star Resources's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Golden Star Resources's PB Ratio falls into.



Golden Star Resources 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.

Golden Star Resources's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=1.00/-0.114
=

* 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.


Golden Star Resources  (OTCPK:GLNS) 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.


Golden Star Resources PB Ratio Related Terms

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Golden Star Resources (Golden Star Resources) Business Description

Traded in Other Exchanges
N/A
Address
No. 300- 500 North Rainbow Boulevard, Las Vegas, NV, USA, 89107
Golden Star Resources Corp is a mining and exploration company. It holds 100% interest in four contiguous Federal BLM unpatented lode mining claims located in Churchill Country, Nevada. The company explores gold-silver deposits.
Executives
Kathrine Macdonald 10 percent owner 885 PYRFORD ROAD, WEST VANCOUVER A1 V7S 2A2
Marilyn Miller 10 percent owner 3390 TOOPAL DRIVE, OCEANSIDE CA 92058

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