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Gold Hydrogen (ASX:GHY) PB Ratio : 11.09 (As of May. 12, 2024)


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What is Gold Hydrogen 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 (2024-05-12), Gold Hydrogen's share price is A$1.83. Gold Hydrogen's Book Value per Share for the quarter that ended in Jun. 2023 was A$0.17. Hence, Gold Hydrogen's PB Ratio of today is 11.09.

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

ASX:GHY' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 11.1
Current: 11.09

During the past 2 years, Gold Hydrogen's highest PB Ratio was 11.10. The lowest was 0.00. And the median was 0.00.

ASX:GHY's PB Ratio is ranked worse than
95.97% of 993 companies
in the Oil & Gas industry
Industry Median: 1.25 vs ASX:GHY: 11.09

Back to Basics: PB Ratio


Gold Hydrogen PB Ratio Historical Data

The historical data trend for Gold Hydrogen'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.

Gold Hydrogen PB Ratio Chart

Gold Hydrogen Annual Data
Trend Jun22 Jun23
PB Ratio
- 1.39

Gold Hydrogen Semi-Annual Data
Jun22 Jun23
PB Ratio - 1.39

Competitive Comparison of Gold Hydrogen's PB Ratio

For the Oil & Gas E&P subindustry, Gold Hydrogen'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.


Gold Hydrogen's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gold Hydrogen's PB Ratio distribution charts can be found below:

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



Gold Hydrogen 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=1.83/0.165
=11.09

* 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.


Gold Hydrogen  (ASX:GHY) 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.


Gold Hydrogen PB Ratio Related Terms

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


Gold Hydrogen (ASX:GHY) Business Description

Traded in Other Exchanges
Address
110 Eagle Street, Suite 3, Level 14, Brisbane, QLD, AUS, 4000
Gold Hydrogen Ltd engages in the exploration of a natural hydrogen prospective resource in Australia. It holds 100% interest in the Ramsay Project, a Gold Hydrogen exploration project in South Australia.