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Perseus Mining Ltd
LSE:0TXW

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Perseus Mining Ltd
LSE:0TXW
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Price: 1.5602 AUD 3.32%
Market Cap: AU$29.5m

P/B

3.4
Current
44%
More Expensive
vs 3-y average of 2.4

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
3.4
=
Market Cap
AU$7.1B
/
Total Equity
AU$2.2B

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
3.4
=
Market Cap
AU$7.1B
/
Total Equity
AU$2.2B

Valuation Scenarios

Perseus Mining Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (2.4), the stock would be worth AU$1.09 (30% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-38%
Maximum Upside
No Upside Scenarios
Average Downside
24%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 3.4 AU$1.56
0%
3-Year Average 2.4 AU$1.09
-30%
5-Year Average 2.1 AU$0.96
-38%
Industry Average 3.2 AU$1.49
-5%
Country Average 2.7 AU$1.23
-21%

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
Perseus Mining Ltd
LSE:0TXW
7.4B AUD 3.4 21.2
RU
Polyus PJSC
LSE:PLZL
70.4T USD 13 054 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
636.8B ZAR 4.6 10.9
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
163.4B ZAR 3.1 10
CN
Zijin Mining Group Co Ltd
SSE:601899
876.1B CNY 4.7 14.2
US
Newmont Corporation
NYSE:NEM
119.7B USD 3.5 16.9
CA
Agnico Eagle Mines Ltd
TSX:AEM
135B CAD 3.8 21.2
CA
Barrick Gold Corp
TSX:ABX
92.9B CAD 2.5 13.2
CA
Barrick Mining Corp
F:ABR0
55.9B EUR 2.5 13.2
CA
Wheaton Precious Metals Corp
TSX:WPM
84.5B CAD 6.7 39.5
HK
Zijin Gold International Co Ltd
HKEX:2259
407.3B HKD 6.2 32.5

Market Distribution

Lower than 89% of companies in Australia
Percentile
11th
Based on 2 062 companies
11th percentile
0.9
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

Perseus Mining Ltd
Glance View

Perseus Mining Ltd. stands as a formidable player in the gold mining industry, rooted in the rich soils of West Africa, a region renowned for its mineral wealth. The company embarked on its journey with its flagship project, Edikan Gold Mine, nestled in the heart of Ghana. This venture set the stage for Perseus to emerge as a credible mid-tier gold producer. Edikan, with its extensive reserves, not only showcases high-grade mineral deposits but also illustrates Perseus's efficient approach to gold extraction and processing, contributing significantly to the company's revenue stream by turning mineral-rich ores into market-ready gold bars. Diversification is at the core of Perseus Mining's strategy, a vision vividly realized through its expansion into other prolific locations like Sissingué in Côte d’Ivoire and the more recent Yaouré Gold Mine. These sites leverage advanced mining technologies and practices, ensuring sustainable and profitable operations. By maintaining a robust portfolio of mines, Perseus navigates market volatilities and optimizes production costs, sustaining a steady flow of revenue. The company's success story is built not only on the shimmering allure of gold but also on its strategic foresight, operational excellence, and commitment to delivering tangible economic benefits to the communities where it operates.

0TXW Intrinsic Value
1.8476 AUD
Undervaluation 16%
Intrinsic Value
Price AU$1.5602
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