Minrex Resources Ltd
ASX:MRR
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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 (0.8), the stock would be worth AU$0.01 (47% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.5 | AU$0.02 |
0%
|
| 3-Year Average | 0.8 | AU$0.01 |
-47%
|
| 5-Year Average | 0.9 | AU$0.01 |
-37%
|
| Industry Average | 3.2 | AU$0.04 |
+114%
|
| Country Average | 2.7 | AU$0.03 |
+77%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
|
Minrex Resources Ltd
ASX:MRR
|
36.4m AUD | 1.5 | -10.3 | |
| AU |
|
BHP Group Ltd
ASX:BHP
|
284.9B AUD | 4 | 19.6 | |
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
278.6B AUD | 3.6 | 19.8 | |
| UK |
|
Rio Tinto PLC
LSE:RIO
|
119.9B GBP | 2.7 | 15.9 | |
| CH |
|
Glencore PLC
LSE:GLEN
|
65.5B GBP | 2.2 | 238.8 | |
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
1.5T MXN | 4 | 18 | |
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
248.9B SAR | 4 | 33.9 | |
| CN |
|
CMOC Group Ltd
SSE:603993
|
414.2B CNY | 5 | 20.4 | |
| UK |
|
Anglo American PLC
LSE:AAL
|
43.5B GBP | 3.2 | -15.4 | |
| CN |
C
|
China Molybdenum Co Ltd
OTC:CMCLF
|
52.2B USD | 4.4 | 17.7 | |
| ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
44.4B ZAR | 0.7 | 34.5 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.3 |
| Max | 2 199.4 |
Other Multiples
Minrex Resources Ltd
Glance View
MinRex Resources Ltd. engages in the business of exploration and development of gold, base metal and tin projects in Australia. The company is headquartered in Perth, Western Australia. The company went IPO on 2011-11-11. The firm's primary activities include exploration of gold and base metal projects in Western Australia. The firm's projects include Deflector Extended Gold Project, Daltons Gold Project, Bamboo Creek Gold Project, Marble Bar North Gold Project, and Marble Bar South Gold Project. The Deflector extended project license comprises of a single exploration license of five blocks, which covers approximately 15 square kilometers (km). The Daltons Project license comprises of a single exploration license of three blocks, covering approximately nine square km. The Bamboo Creek project licenses comprise two contiguous exploration licenses, totaling 25 blocks, which covers approximately 75 square Km. The Marble Bar North project license comprises a single prospecting license of approximately three hectares. The Marble Bar South project license comprises of a single prospecting license of approximately eight hectares.
