Reach Resources Ltd
ASX:RR1
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Johnson & Johnson
NYSE:JNJ
|
US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
US |
|
Bank of America Corp
NYSE:BAC
|
US |
|
Mastercard Inc
NYSE:MA
|
US |
|
UnitedHealth Group Inc
NYSE:UNH
|
US |
|
Exxon Mobil Corp
NYSE:XOM
|
US |
|
Pfizer Inc
NYSE:PFE
|
US |
|
Nike Inc
NYSE:NKE
|
US |
|
Visa Inc
NYSE:V
|
US |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
CN |
|
JPMorgan Chase & Co
NYSE:JPM
|
US |
|
Coca-Cola Co
NYSE:KO
|
US |
|
Verizon Communications Inc
NYSE:VZ
|
US |
|
Chevron Corp
NYSE:CVX
|
US |
|
Walt Disney Co
NYSE:DIS
|
US |
|
PayPal Holdings Inc
NASDAQ:PYPL
|
US |
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 (29% upside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.6 | AU$0.01 |
0%
|
| 3-Year Average | 0.8 | AU$0.01 |
+29%
|
| 5-Year Average | 1.5 | AU$0.02 |
+144%
|
| Industry Average | 3.2 | AU$0.05 |
+438%
|
| Country Average | 2.7 | AU$0.04 |
+346%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
|
Reach Resources Ltd
ASX:RR1
|
11m AUD | 0.6 | -8.3 | |
| 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
|
892.4B CNY | 4.8 | 14.5 | |
| 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
|
57.7B 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
|
422.9B 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
Reach Resources Ltd
Glance View
Reach Resources Ltd. is an exploration company, which engages in the exploration of gold and base metals. The company is headquartered in Perth, Western Australia. The company went IPO on 2002-11-06. The firm holds a portfolio of gold properties in a producing gold district in Western Australia. This includes the Primrose Project which covers over eight kilometers of the highly gold mineralized Primrose Shear in the Murchison District of the Eastern Goldfields. The firm controls mining leases and prospecting licenses that cover the majority of this historic gold field. The Primrose Gold Project is located approximately 420 km northeast of Perth and is serviced by the sealed Great Northern highway that crosses the central southern end of the project area and then continues northerly to Cue, Mt Magnet and Meekatharra.
