Torrens Mining Ltd
ASX:TRN
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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 (4.7), the stock would be worth AU$0.3 (132% upside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 2 | AU$0.13 |
0%
|
| 3-Year Average | 4.7 | AU$0.3 |
+132%
|
| 5-Year Average | 4.7 | AU$0.3 |
+132%
|
| Industry Average | 3.2 | AU$0.21 |
+58%
|
| Country Average | 2.7 | AU$0.17 |
+31%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
|
Torrens Mining Ltd
ASX:TRN
|
14.9m AUD | 2 | -4.8 | |
| AU |
|
BHP Group Ltd
ASX:BHP
|
285.2B AUD | 3.9 | 19.4 | |
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
280.8B AUD | 3.6 | 19.9 | |
| UK |
|
Rio Tinto PLC
LSE:RIO
|
119.4B GBP | 2.7 | 16 | |
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
1.6T MXN | 3.9 | 17.8 | |
| CH |
|
Glencore PLC
LSE:GLEN
|
64.8B GBP | 2.2 | 238.7 | |
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
248.9B SAR | 4 | 33.9 | |
| CN |
|
CMOC Group Ltd
SSE:603993
|
406.5B CNY | 4.8 | 19.6 | |
| UK |
|
Anglo American PLC
LSE:AAL
|
42.8B GBP | 3.2 | -15.2 | |
| CN |
C
|
China Molybdenum Co Ltd
OTC:CMCLF
|
51.8B USD | 4.3 | 17.5 | |
| ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
44.5B ZAR | 0.7 | 34.6 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.3 |
| Max | 2 199.4 |
Other Multiples
Torrens Mining Ltd
Glance View
Torrens Mining Ltd. engages in exploration of gold, copper, and cobalt. The company is headquartered in Perth, Western Australia. The company went IPO on 2021-01-07. The firm is focused on exploration for gold, copper and cobalt. Its project portfolio includes Mount Piper and Club Terrace projects, Elizabeth Creek Copper-Cobalt Project and Laloki Copper-Gold Project. The Mount Piper project is located approximately 80 kilometer (km) north of Melbourne, Victoria and covers approximately 1,609 km square. The Club Terrace project is comprised of one exploration license and one exploration application for a total of approximately 383 square km in the Eastern Gippsland region of Victoria. The company holds interest in the Elizabeth Creek Copper-Cobalt Project, which comprises three granted contiguous exploration licenses covering an area of approximately 739 square km in the Stuart Shelf of central South Australia. The Laloki copper-gold project covers an area of approximately 126 square km on the East Papuan Peninsula in Papua New Guinea (PNG).
