Lake Victoria Gold (TSXV:LVG) PB Ratio : 3.14 (As of May. 26, 2024)

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What is Lake Victoria 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 (2024-05-26), Lake Victoria Gold's share price is C$0.185. Lake Victoria Gold's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.06. Hence, Lake Victoria Gold's PB Ratio of today is 3.14.

Warning Sign:

Lake Victoria Gold Ltd stock PB Ratio (=3.14) is close to 10-year high of 3.14

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

TSXV:LVG' s PB Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.15 Max: 3.14
Current: 3.14

During the past 13 years, Lake Victoria Gold's highest PB Ratio was 3.14. The lowest was 0.02. And the median was 0.15.

TSXV:LVG's PB Ratio is ranked worse than
76.01% of 2376 companies
in the Metals & Mining industry
Industry Median: 1.42 vs TSXV:LVG: 3.14

During the past 12 months, Lake Victoria Gold's average Book Value Per Share Growth Rate was -1.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -8.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -20.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lake Victoria Gold was 603.40% per year. The lowest was -83.30% per year. And the median was -8.40% per year.

Back to Basics: PB Ratio

Lake Victoria Gold PB Ratio Historical Data

The historical data trend for Lake Victoria 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.

Lake Victoria Gold PB Ratio Chart

Lake Victoria Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.05

1.73

3.38

3.08

3.47

Lake Victoria Gold Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															2.05	3.08	3.27	3.80	3.47

Competitive Comparison of Lake Victoria Gold's PB Ratio

For the Gold subindustry, Lake Victoria 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.

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

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

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

Lake Victoria 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.185	/	0.059
	=	3.14

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.

Lake Victoria Gold (TSXV:LVG) 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.

Lake Victoria Gold PB Ratio Related Terms

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

Lake Victoria Gold (TSXV:LVG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lake Victoria Gold Ltd (TSXV:LVG) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

LVGLF:USA E1K:Germany

Address

1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7

Website

https://www.tembogold.com

Lake Victoria Gold Ltd is a junior mineral exploration company. It is engaged in the acquisition and exploration of mineral properties located in Tanzania. The company focuses on gold exploration and development. Its project includes the Tembo Gold Project located in northwest Tanzania. The Company operates in one reportable segment, the exploration and development of unproven exploration and evaluation assets.

Executives

Simon Charles Benstead	10% Security Holder, Director, Senior Officer
Marc Cernovitch	Director

Lake Victoria Gold (TSXV:LVG) Headlines

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