Xplore Resources (TSXV:XPLR) PB Ratio : 2.33 (As of May. 24, 2024)

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What is Xplore 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 (2024-05-24), Xplore Resources's share price is C$0.14. Xplore Resources's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.06. Hence, Xplore Resources's PB Ratio of today is 2.33.

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

TSXV:XPLR' s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 4.7
Current: 2.25

During the past 5 years, Xplore Resources's highest PB Ratio was 4.70. The lowest was 0.00. And the median was 0.00.

TSXV:XPLR's PB Ratio is ranked worse than
65.98% of 2378 companies
in the Metals & Mining industry
Industry Median: 1.43 vs TSXV:XPLR: 2.25

During the past 12 months, Xplore Resources's average Book Value Per Share Growth Rate was -24.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 58.70% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Xplore Resources was 64.80% per year. The lowest was 58.70% per year. And the median was 61.75% per year.

Back to Basics: PB Ratio

Xplore Resources PB Ratio Historical Data

The historical data trend for Xplore 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.

Xplore Resources PB Ratio Chart

Xplore Resources Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

2.45

1.62

1.79

Xplore Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial														2.69	1.69	1.79	2.27	2.17

Competitive Comparison of Xplore Resources's PB Ratio

For the Other Precious Metals & Mining subindustry, Xplore 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.

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

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

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

Xplore 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.14	/	0.06
	=	2.33

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.

Xplore Resources (TSXV:XPLR) 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.

Xplore Resources PB Ratio Related Terms

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

Xplore Resources (TSXV:XPLR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xplore Resources Corp (TSXV:XPLR) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

XPRCF:USA

Address

1 King Street West, Suite 4800-300, Toronto, ON, CAN, M5H 1A1

Website

https://www.xploreresources.com

Xplore Resources Corp is a mining exploration company. The company is focused on the acquisition and exploration activities of copper and gold projects in the Americas. The company holds interest in Surge, Valk, Pringle Lake, Upper Red Lake, Borborema, Energia, and Perrigo Lake Projects.