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Gruvaktiebolaget Viscaria (OSTO:VISC) PB Ratio : 1.68 (As of May. 26, 2024)


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What is Gruvaktiebolaget Viscaria 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), Gruvaktiebolaget Viscaria's share price is kr22.70. Gruvaktiebolaget Viscaria's Book Value per Share for the quarter that ended in Mar. 2024 was kr13.50. Hence, Gruvaktiebolaget Viscaria's PB Ratio of today is 1.68.

Good Sign:

Gruvaktiebolaget Viscaria stock PB Ratio (=1.68) is close to 3-year low of 1.64

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

OSTO:VISC' s PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 1.92   Max: 13.75
Current: 1.68

During the past 13 years, Gruvaktiebolaget Viscaria's highest PB Ratio was 13.75. The lowest was 0.44. And the median was 1.92.

OSTO:VISC's PB Ratio is ranked worse than
55.6% of 2376 companies
in the Metals & Mining industry
Industry Median: 1.42 vs OSTO:VISC: 1.68

During the past 12 months, Gruvaktiebolaget Viscaria's average Book Value Per Share Growth Rate was 5.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 21.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Gruvaktiebolaget Viscaria was 420.10% per year. The lowest was -41.10% per year. And the median was 13.15% per year.

Back to Basics: PB Ratio


Gruvaktiebolaget Viscaria PB Ratio Historical Data

The historical data trend for Gruvaktiebolaget Viscaria'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.

Gruvaktiebolaget Viscaria PB Ratio Chart

Gruvaktiebolaget Viscaria Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 1.80 2.88 1.99 1.80

Gruvaktiebolaget Viscaria Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.19 1.72 1.78 1.80 1.70

Competitive Comparison of Gruvaktiebolaget Viscaria's PB Ratio

For the Other Industrial Metals & Mining subindustry, Gruvaktiebolaget Viscaria'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.


Gruvaktiebolaget Viscaria's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Gruvaktiebolaget Viscaria's PB Ratio falls into.



Gruvaktiebolaget Viscaria 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.

Gruvaktiebolaget Viscaria's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=22.70/13.501
=1.68

* 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.


Gruvaktiebolaget Viscaria  (OSTO:VISC) 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.


Gruvaktiebolaget Viscaria PB Ratio Related Terms

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


Gruvaktiebolaget Viscaria (OSTO:VISC) Business Description

Traded in Other Exchanges
Address
Verkstadsvagen 52, Kopparberg, SWE, 714 36
Copperstone Resources AB is a Sweden-based exploration and mining company in the Industrial Metals and Mining division. It is primarily focused on developing the Viscaria copper mine in the region of Kiruna in northern Sweden. The company explores for copper, gold, zink, lead, and other minerals. It also holds interests in projects in Arvidsjaur (Eva, Svartliden, Granliden) and in Smedjebacken (Tvistbo), all located in the northern Sweden.

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