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ZEB Nickel (ZEB Nickel) PB Ratio : 0.51 (As of May. 29, 2024)


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What is ZEB Nickel 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 (2024-05-29), ZEB Nickel's share price is $0.03. ZEB Nickel's Book Value per Share for the quarter that ended in Sep. 2023 was $0.06. Hence, ZEB Nickel's PB Ratio of today is 0.51.

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

ZBNIF' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 8
Current: 0.44

During the past 2 years, ZEB Nickel's highest PB Ratio was 8.00. The lowest was 0.00. And the median was 0.00.

ZBNIF's PB Ratio is ranked better than
88.47% of 2377 companies
in the Metals & Mining industry
Industry Median: 1.43 vs ZBNIF: 0.44

During the past 12 months, ZEB Nickel's average Book Value Per Share Growth Rate was -18.40% per year.

Back to Basics: PB Ratio


ZEB Nickel PB Ratio Historical Data

The historical data trend for ZEB Nickel'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.

ZEB Nickel PB Ratio Chart

ZEB Nickel Annual Data
Trend Dec21 Dec22
PB Ratio
- 1.51

ZEB Nickel Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.24 0.70 1.51 2.02 1.23

Competitive Comparison of ZEB Nickel's PB Ratio

For the Other Industrial Metals & Mining subindustry, ZEB Nickel'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.


ZEB Nickel's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where ZEB Nickel's PB Ratio falls into.



ZEB Nickel 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.

ZEB Nickel's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=0.03/0.059
=0.51

* 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.


ZEB Nickel  (OTCPK:ZBNIF) 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.


ZEB Nickel PB Ratio Related Terms

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


ZEB Nickel (ZEB Nickel) Business Description

Traded in Other Exchanges
Address
4 King Street West, Suite 401, Toronto, ON, CAN, M5H 1B6
Website
ZEB Nickel Corp is a mineral exploration company. It controls the rights to the Zebediela Nickel Project located in the Limpopo Province in the Republic of South Africa.

ZEB Nickel (ZEB Nickel) Headlines

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