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Rainy Mountain Royalty (TSXV:RMO) PB Ratio : 0.72 (As of May. 16, 2024)


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What is Rainy Mountain Royalty 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 (2024-05-16), Rainy Mountain Royalty's share price is C$0.05. Rainy Mountain Royalty's Book Value per Share for the quarter that ended in Jan. 2024 was C$0.07. Hence, Rainy Mountain Royalty's PB Ratio of today is 0.72.

The historical rank and industry rank for Rainy Mountain Royalty's PB Ratio or its related term are showing as below:

TSXV:RMO' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.88
Current: 0.72

During the past 13 years, Rainy Mountain Royalty's highest PB Ratio was 1.88. The lowest was 0.00. And the median was 0.00.

TSXV:RMO's PB Ratio is ranked better than
74.4% of 2383 companies
in the Metals & Mining industry
Industry Median: 1.42 vs TSXV:RMO: 0.72

During the past 12 months, Rainy Mountain Royalty's average Book Value Per Share Growth Rate was -12.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -36.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -32.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -33.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Rainy Mountain Royalty was 21.60% per year. The lowest was -42.30% per year. And the median was -17.25% per year.

Back to Basics: PB Ratio


Rainy Mountain Royalty PB Ratio Historical Data

The historical data trend for Rainy Mountain Royalty'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.

Rainy Mountain Royalty PB Ratio Chart

Rainy Mountain Royalty Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.17 0.94 0.75 0.79

Rainy Mountain Royalty Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.20 0.79 1.13 0.97 1.38

Competitive Comparison of Rainy Mountain Royalty's PB Ratio

For the Other Industrial Metals & Mining subindustry, Rainy Mountain Royalty'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.


Rainy Mountain Royalty's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Rainy Mountain Royalty's PB Ratio falls into.



Rainy Mountain Royalty 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.

Rainy Mountain Royalty's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jan. 2024)
=0.05/0.069
=0.72

* 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.


Rainy Mountain Royalty  (TSXV:RMO) 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.


Rainy Mountain Royalty PB Ratio Related Terms

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


Rainy Mountain Royalty (TSXV:RMO) Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5
Rainy Mountain Royalty Corp is a mineral exploration project generator. The company is engaged in acquiring early-stage exploration opportunities and delivering them drill targets ready to joint venture partners. The company currently holds multiple property interests in Ontario and is primarily focused on shear-hosted gold and base metals properties with associated gold and silver credits. Its property portfolio consists of Marshall Lake and other properties.