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Allied Gold (TSX:AAUC) PB Ratio : 2.08 (As of May. 13, 2024)


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What is Allied Gold 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 (2024-05-13), Allied Gold's share price is C$3.32. Allied Gold's Book Value per Share for the quarter that ended in Mar. 2024 was C$1.60. Hence, Allied Gold's PB Ratio of today is 2.08.

Good Sign:

Allied Gold Corp stock PB Ratio (=2.07) is close to 1-year low of 1.87

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

TSX:AAUC' s PB Ratio Range Over the Past 10 Years
Min: 1.87   Med: 2.07   Max: 2.55
Current: 2.07

During the past 2 years, Allied Gold's highest PB Ratio was 2.55. The lowest was 1.87. And the median was 2.07.

TSX:AAUC's PB Ratio is ranked worse than
64.02% of 2393 companies
in the Metals & Mining industry
Industry Median: 1.41 vs TSX:AAUC: 2.07

During the past 12 months, Allied Gold's average Book Value Per Share Growth Rate was 5434.50% per year.

Back to Basics: PB Ratio


Allied Gold PB Ratio Historical Data

The historical data trend for Allied 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.

* Premium members only.

Allied Gold PB Ratio Chart

Allied Gold Annual Data
Trend Dec22 Dec23
PB Ratio
- 2.19

Allied Gold Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial - - 2.99 2.19 -

Competitive Comparison of Allied Gold's PB Ratio

For the Gold subindustry, Allied 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.


Allied Gold's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Allied Gold's PB Ratio falls into.



Allied 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.

Allied Gold's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=3.32/1.6
=2.08

* 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.


Allied Gold  (TSX:AAUC) 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.


Allied Gold PB Ratio Related Terms

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


Allied Gold (TSX:AAUC) Business Description

Traded in Other Exchanges
Address
40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Pacific Centre, Toronto, ON, CAN, M5H 0B4
Website
Allied Gold Corp is a company focused on gold mining asset transformation in Africa. Allied has three mines and several development and exploration projects in Africa where it has significant operating experience. Operations are located in Cote d'Ivoire, Mali, Ethiopia and Egypt. The company aspires to become a mid-tier next-generation gold producer in Africa.
Executives
Gerardo Fernandez-tobar Senior Officer

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