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Ariana Resources (LSE:AAU) PB Ratio : 1.30 (As of May. 10, 2024)


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What is Ariana Resources 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 (2024-05-10), Ariana Resources's share price is £0.026. Ariana Resources's Book Value per Share for the quarter that ended in Jun. 2023 was £0.02. Hence, Ariana Resources's PB Ratio of today is 1.30.

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

LSE:AAU' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.14
Current: 1.22

During the past 13 years, Ariana Resources's highest PB Ratio was 2.14. The lowest was 0.00. And the median was 0.00.

LSE:AAU's PB Ratio is ranked better than
54.52% of 2392 companies
in the Metals & Mining industry
Industry Median: 1.38 vs LSE:AAU: 1.22

During the past 12 months, Ariana Resources's average Book Value Per Share Growth Rate was -20.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ariana Resources was 33.90% per year. The lowest was -24.20% per year. And the median was 0.80% per year.

Back to Basics: PB Ratio


Ariana Resources PB Ratio Historical Data

The historical data trend for Ariana Resources'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.

Ariana Resources PB Ratio Chart

Ariana Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 1.03 2.06 1.62 1.31

Ariana Resources Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 1.56 1.62 1.42 1.31 1.13

Competitive Comparison of Ariana Resources's PB Ratio

For the Gold subindustry, Ariana Resources'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.


Ariana Resources's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Ariana Resources's PB Ratio falls into.



Ariana Resources 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.

Ariana Resources's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=0.026/0.02
=1.30

* 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.


Ariana Resources  (LSE:AAU) 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.


Ariana Resources PB Ratio Related Terms

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


Ariana Resources (LSE:AAU) Business Description

Traded in Other Exchanges
Address
45 King William Street, 2nd Floor, Regis House, London, GBR, EC4R 9AN
Ariana Resources PLC involves in the acquisition, exploration, and development of gold and technology metals in Turkey and Australia. The company along with its subsidiaries focuses on the Red Rabbit Gold Project located in western Turkey and has the Salinbas,Tavsan, Ivrindi and other projects. The group currently identifies one division as an operating segment: mineral exploration. The activities for this operating segment are as follows: Mineral exploration: incorporates the acquisition, exploration and development of mineral resources. Reconciling items include non mineral exploration costs and transactions between Group and associate companies. Its geographical segments include the United Kingdom and Turkey.

Ariana Resources (LSE:AAU) Headlines

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