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Infinitum Copper (TSXV:INFI) PB Ratio : 0.95 (As of Jun. 09, 2024)


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What is Infinitum Copper 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 (2024-06-09), Infinitum Copper's share price is C$0.06. Infinitum Copper's Book Value per Share for the quarter that ended in Mar. 2024 was C$0.06. Hence, Infinitum Copper's PB Ratio of today is 0.95.

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

TSXV:INFI' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.43
Current: 0.79

During the past 4 years, Infinitum Copper's highest PB Ratio was 1.43. The lowest was 0.00. And the median was 0.00.

TSXV:INFI's PB Ratio is ranked better than
71.22% of 2380 companies
in the Metals & Mining industry
Industry Median: 1.4 vs TSXV:INFI: 0.79

During the past 12 months, Infinitum Copper's average Book Value Per Share Growth Rate was -53.30% per year.

Back to Basics: PB Ratio


Infinitum Copper PB Ratio Historical Data

The historical data trend for Infinitum Copper'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.

Infinitum Copper PB Ratio Chart

Infinitum Copper Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PB Ratio
- - 1.33 0.57

Infinitum Copper Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.33 1.13 1.00 0.57 0.95

Competitive Comparison of Infinitum Copper's PB Ratio

For the Copper subindustry, Infinitum Copper'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.


Infinitum Copper's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Infinitum Copper's PB Ratio falls into.



Infinitum Copper 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.

Infinitum Copper's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=0.06/0.063
=0.95

* 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.


Infinitum Copper  (TSXV:INFI) 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.


Infinitum Copper PB Ratio Related Terms

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


Infinitum Copper (TSXV:INFI) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 450, Vancouver, BC, CAN, V6C 2V6
Infinitum Copper Corp is engaged in the exploration of minerals. The company holds interest in Adelita Project located in the Alamos Mining District, next to Alamo Dorado Mine in Sonora, Mexico.

Infinitum Copper (TSXV:INFI) Headlines

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