Solaris Resources (TSX:SLS) PB Ratio : 110.82 (As of May. 20, 2024)

View and export this data going back to 2020. Start your Free Trial

What is Solaris 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 (2024-05-20), Solaris Resources's share price is C$5.43. Solaris Resources's Book Value per Share for the quarter that ended in Mar. 2024 was C$0.05. Hence, Solaris Resources's PB Ratio of today is 110.82.

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

TSX:SLS' s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 110.82
Current: 110.82

During the past 6 years, Solaris Resources's highest PB Ratio was 110.82. The lowest was 0.00. And the median was 0.00.

TSX:SLS's PB Ratio is ranked worse than
99.71% of 2379 companies
in the Metals & Mining industry
Industry Median: 1.45 vs TSX:SLS: 110.82

During the past 12 months, Solaris Resources's average Book Value Per Share Growth Rate was -83.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -45.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -8.00% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Solaris Resources was 28.30% per year. The lowest was -45.40% per year. And the median was -10.00% per year.

Back to Basics: PB Ratio

Solaris Resources PB Ratio Historical Data

The historical data trend for Solaris 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.

Solaris Resources PB Ratio Chart

Solaris Resources Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

6.34

40.92

28.62

26.47

Solaris Resources 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															22.66	26.79	34.61	26.47	97.55

Competitive Comparison of Solaris Resources's PB Ratio

For the Other Precious Metals & Mining subindustry, Solaris 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.

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

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

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

Solaris 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	5.43	/	0.049
	=	110.82

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Solaris Resources (TSX:SLS) 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.

Solaris Resources PB Ratio Related Terms

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

Solaris Resources (TSX:SLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Solaris Resources Inc (TSX:SLS) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

SLSSF:USA

Address

999 Canada Place, Suite 555, Vancouver, BC, CAN, V6C 3E1

Website

https://www.solarisresources.com

Solaris Resources Inc is advancing a portfolio of copper and gold assets in the Americas, which includes a high-grade resource with expansion and additional discovery potential at the Warintza copper and gold project in Ecuador; discovery potential on the grass-roots Tamarugo project in Chile and Capricho and Paco Orco projects in Peru; exposure to $130M spending 5-yrs through a farm-out agreement with Freeport-McMoRan on the Ricardo Project in Chile; and leverage to increasing copper prices through the 60% interest in the development-stage La Verde joint-venture project with Teck Resources in Mexico.

Executives