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Bellevue Gold Ltd
ASX:BGL

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Bellevue Gold Ltd
ASX:BGL
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Price: 1.64 AUD -1.8% Market Closed
Market Cap: AU$2.4B

P/B

2.9
Current
4%
Cheaper
vs 3-y average of 3

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.9
=
Market Cap
AU$2.3B
/
Total Equity
AU$830.9m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.9
=
Market Cap
AU$2.3B
/
Total Equity
AU$830.9m

Valuation Scenarios

Bellevue Gold Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (3), the stock would be worth AU$1.7 (4% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-8%
Maximum Upside
+11%
Average Upside
3%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.9 AU$1.64
0%
3-Year Average 3 AU$1.7
+4%
5-Year Average 3 AU$1.7
+4%
Industry Average 3.2 AU$1.81
+11%
Country Average 2.7 AU$1.5
-8%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
AU
Bellevue Gold Ltd
ASX:BGL
2.4B AUD 2.9 -43.8
RU
Polyus PJSC
LSE:PLZL
70.4T USD 13 054 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
653.6B ZAR 4.7 11.2
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
171.1B ZAR 3.3 10.5
CN
Zijin Mining Group Co Ltd
SSE:601899
914.7B CNY 4.9 14.8
US
Newmont Corporation
NYSE:NEM
131.4B USD 3.9 18.6
CA
Agnico Eagle Mines Ltd
TSX:AEM
136.2B CAD 4 22.4
CA
Barrick Gold Corp
TSX:ABX
92.2B CAD 2.6 13.8
CA
Barrick Mining Corp
F:ABR0
57.1B EUR 2.6 13.8
CA
Wheaton Precious Metals Corp
TSX:WPM
88.1B CAD 7.2 42.5
HK
Zijin Gold International Co Ltd
HKEX:2259
428.5B HKD 6.5 34.2

Market Distribution

In line with most companies in Australia
Percentile
55th
Based on 2 062 companies
55th percentile
2.9
Low
0 — 1.6
Typical Range
1.6 — 4.3
High
4.3 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.3
Max 2 199.4

Bellevue Gold Ltd
Glance View

Market Cap
2.4B AUD
Industry
Metals & Mining

Bellevue Gold Ltd. engages in the exploration and evaluation of minerals in Australia. The company is headquartered in Perth, Western Australia. The company went IPO on 2005-12-20. The firm is focused on exploration and development of its Bellevue Gold Project. Its projects include the Bellevue Gold Project, Yandal Project, and Kathleen Valley Project. The Bellevue Gold Project is located approximately 400 kilometers north-west of Kalgoorlie in Western Australia and sits within a high-grade gold and nickel district on the prolific Wiluna-Norseman gold belt. The project is also located approximately within 100 kilometers of numerous producing goldmines and in close proximity to various nickel mines. The Yandal Project is located approximately 40 kilometers to the east of the Bellevue Gold Project, and it covers 867 square kilometers of exploration license. The Kathleen Valley Project is located immediately to the north of the Bellevue Gold Project and covers approximately 20 kilometers along strike from the Bellevue Mine.

BGL Intrinsic Value
2.38 AUD
Undervaluation 31%
Intrinsic Value
Price AU$1.64
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