Labyrinth Resources Ltd
ASX:LRL
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P/B
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.
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.
Valuation Scenarios
If P/B returns to its 3-Year Average (2 199.4), the stock would be worth AU$0.02 (0% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 2 199.4 | AU$0.02 |
0%
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| 3-Year Average | 2 199.4 | AU$0.02 |
0%
|
| 5-Year Average | 1 431.3 | AU$0.01 |
-35%
|
| Industry Average | 3.2 | AU$0 |
-100%
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| Country Average | 2.7 | AU$0 |
-100%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
|
Labyrinth Resources Ltd
ASX:LRL
|
11.1B AUD | 2 199.4 | -3 385.6 | |
| RU |
P
|
Polyus PJSC
LSE:PLZL
|
70.4T USD | 13 054 | 34 959.7 | |
| ZA |
G
|
Gold Fields Ltd
JSE:GFI
|
677.1B ZAR | 4.9 | 11.6 | |
| ZA |
H
|
Harmony Gold Mining Company Ltd
JSE:HAR
|
172.5B ZAR | 3.3 | 10.6 | |
| CN |
|
Zijin Mining Group Co Ltd
SSE:601899
|
912.3B CNY | 4.9 | 14.7 | |
| US |
|
Newmont Corporation
NYSE:NEM
|
126.4B USD | 3.7 | 17.8 | |
| CA |
|
Agnico Eagle Mines Ltd
TSX:AEM
|
136.7B CAD | 4 | 22.1 | |
| CA |
|
Barrick Gold Corp
TSX:ABX
|
94.1B CAD | 2.6 | 13.6 | |
| CA |
|
Barrick Mining Corp
F:ABR0
|
58.6B EUR | 2.6 | 13.6 | |
| CA |
|
Wheaton Precious Metals Corp
TSX:WPM
|
86.5B CAD | 7 | 41.6 | |
| HK |
Z
|
Zijin Gold International Co Ltd
HKEX:2259
|
422.6B HKD | 6.5 | 33.8 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.3 |
| Max | 2 199.4 |
Other Multiples
Labyrinth Resources Ltd
Glance View
Labyrinth Resources Ltd. is a gold mining company, which mines and processes surface and underground resources for gold. The company is headquartered in Subiaco, Western Australia. The firm's principal activity is to conduct exploration and mining activities on mineral deposits with high grade gold projects in Western Australia. The company acquires and operates assets in Tier-1 jurisdictions with a view to unlock value from high-grade gold projects through geological and mining expertise. The company holds interest in the Rocmec 1 and Denain projects. The Rocmec 1 project is located in the Dasserat Township, Province of Quebec on the shores of the Labyrinthe Lake. The Denain project is located approximately 60 kilometers east of Val d'Or, Quebec.
