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Sociedad Minera Cerro VerdeA (LIM:CVERDEC1) PB Ratio : 2.01 (As of May. 03, 2024)


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What is Sociedad Minera Cerro VerdeA 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 (2024-05-03), Sociedad Minera Cerro VerdeA's share price is $38.29. Sociedad Minera Cerro VerdeA's Book Value per Share for the quarter that ended in Dec. 2023 was $19.08. Hence, Sociedad Minera Cerro VerdeA's PB Ratio of today is 2.01.

The historical rank and industry rank for Sociedad Minera Cerro VerdeA's PB Ratio or its related term are showing as below:

LIM:CVERDEC1' s PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.55   Max: 2.74
Current: 2

During the past 10 years, Sociedad Minera Cerro VerdeA's highest PB Ratio was 2.74. The lowest was 0.82. And the median was 1.55.

LIM:CVERDEC1's PB Ratio is ranked worse than
62.4% of 2391 companies
in the Metals & Mining industry
Industry Median: 1.37 vs LIM:CVERDEC1: 2.00

During the past 12 months, Sociedad Minera Cerro VerdeA's average Book Value Per Share Growth Rate was 0.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 27.10% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Sociedad Minera Cerro VerdeA was 62.00% per year. The lowest was 4.70% per year. And the median was 11.50% per year.

Back to Basics: PB Ratio


Sociedad Minera Cerro VerdeA PB Ratio Historical Data

The historical data trend for Sociedad Minera Cerro VerdeA'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.

Sociedad Minera Cerro VerdeA PB Ratio Chart

Sociedad Minera Cerro VerdeA Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 1.30 2.13 1.57 1.91

Sociedad Minera Cerro VerdeA Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 1.30 2.13 1.57 1.91

Competitive Comparison of Sociedad Minera Cerro VerdeA's PB Ratio

For the Copper subindustry, Sociedad Minera Cerro VerdeA'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.


Sociedad Minera Cerro VerdeA's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sociedad Minera Cerro VerdeA's PB Ratio falls into.



Sociedad Minera Cerro VerdeA 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.

Sociedad Minera Cerro VerdeA's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=38.29/19.084
=2.01

* 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.


Sociedad Minera Cerro VerdeA  (LIM:CVERDEC1) 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.


Sociedad Minera Cerro VerdeA PB Ratio Related Terms

Thank you for viewing the detailed overview of Sociedad Minera Cerro VerdeA's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Sociedad Minera Cerro VerdeA (LIM:CVERDEC1) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Alfonso Ugarte 304, Arequipa, PER
Sociedad Minera Cerro Verde SAA is involved in the exploration, extraction, production and sale of copper from deposits located in the southwest of the Arequipa city.

Sociedad Minera Cerro VerdeA (LIM:CVERDEC1) Headlines

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