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Whetstone Minerals (Whetstone Minerals) PB Ratio : 1.30 (As of Jun. 11, 2024)


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What is Whetstone Minerals 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 (2024-06-11), Whetstone Minerals's share price is $0.0117. Whetstone Minerals's Book Value per Share for the quarter that ended in Jun. 2014 was $0.01. Hence, Whetstone Minerals's PB Ratio of today is 1.30.

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

WMITF's PB Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 1.395
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Whetstone Minerals PB Ratio Historical Data

The historical data trend for Whetstone Minerals'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.

Whetstone Minerals PB Ratio Chart

Whetstone Minerals Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 - 3.14 1.25 1.11

Whetstone Minerals Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 0.33 0.34 1.11 1.11 1.11

Competitive Comparison of Whetstone Minerals's PB Ratio

For the Other Industrial Metals & Mining subindustry, Whetstone Minerals'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.


Whetstone Minerals's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Whetstone Minerals's PB Ratio falls into.



Whetstone Minerals 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.

Whetstone Minerals's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2014)
=0.0117/0.009
=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.


Whetstone Minerals  (OTCPK:WMITF) 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.


Whetstone Minerals PB Ratio Related Terms

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


Whetstone Minerals (Whetstone Minerals) Business Description

Traded in Other Exchanges
N/A
Address
Whetstone Minerals Limited is an exploration stage company engaged in the business of mineral exploration.

Whetstone Minerals (Whetstone Minerals) Headlines

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