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Sage Potash (Sage Potash) PB Ratio : 19.06 (As of May. 17, 2024)


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What is Sage Potash 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 (2024-05-17), Sage Potash's share price is $0.1715. Sage Potash's Book Value per Share for the quarter that ended in Dec. 2023 was $0.01. Hence, Sage Potash's PB Ratio of today is 19.06.

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

SGPTF' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 19.58
Current: 17.15

During the past 0 years, Sage Potash's highest PB Ratio was 19.58. The lowest was 0.00. And the median was 0.00.

SGPTF's PB Ratio is ranked worse than
96.01% of 2383 companies
in the Metals & Mining industry
Industry Median: 1.42 vs SGPTF: 17.15

Back to Basics: PB Ratio


Sage Potash PB Ratio Historical Data

The historical data trend for Sage Potash'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.

Sage Potash PB Ratio Chart

Sage Potash Annual Data
Trend
PB Ratio

Sage Potash Quarterly Data
Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial - - 16.67 10.56 12.10

Competitive Comparison of Sage Potash's PB Ratio

For the Other Industrial Metals & Mining subindustry, Sage Potash'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.


Sage Potash's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sage Potash's PB Ratio falls into.



Sage Potash 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.

Sage Potash's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.1715/0.009
=19.06

* 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.


Sage Potash  (OTCPK:SGPTF) 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.


Sage Potash PB Ratio Related Terms

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


Sage Potash (Sage Potash) Business Description

Traded in Other Exchanges
Address
889 West Pender Street, Suite 605, Vancouver, BC, CAN, V6C 3B2
Sage Potash Corp is engaged in the acquisition, exploration, and development of mineral properties. Its principal business activity is the acquisition, exploration, and development of potash mineral properties. It holds interest in Sage Plain Potash property. The projects of the company include Sage Potash and Sage Lithium.

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