Royal Price To Book Ratio from 2010 to 2024

RGLD Stock  USD 146.26  0.59  0.41%   
Royal Gold's Price To Book Ratio is increasing over the years with slightly volatile fluctuation. Overall, Price To Book Ratio is expected to go to 4.85 this year. Price To Book Ratio is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
2.74790592
Current Value
4.85
Quarterly Volatility
0.86752848
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Royal Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Royal Gold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 200.6 M, Total Revenue of 636 M or Gross Profit of 360.1 M, as well as many indicators such as Price To Sales Ratio of 12.45, Dividend Yield of 0.008 or PTB Ratio of 4.85. Royal financial statements analysis is a perfect complement when working with Royal Gold Valuation or Volatility modules.
  
Check out the analysis of Royal Gold Correlation against competitors.
For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide.

Latest Royal Gold's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Royal Gold over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. Royal Gold's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Royal Gold's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Slightly volatile
   Price To Book Ratio   
       Timeline  

Royal Price To Book Ratio Regression Statistics

Arithmetic Mean2.61
Geometric Mean2.48
Coefficient Of Variation33.20
Mean Deviation0.62
Median2.68
Standard Deviation0.87
Sample Variance0.75
Range3.6665
R-Value0.74
Mean Square Error0.37
R-Squared0.55
Significance0
Slope0.14
Total Sum of Squares10.54

Royal Price To Book Ratio History

2024 4.85
2023 2.75
2022 2.7
2021 2.68
2020 3.0
2019 3.58
2018 3.1

About Royal Gold Financial Statements

Royal Gold stakeholders use historical fundamental indicators, such as Royal Gold's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Royal Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in Royal Gold's assets and liabilities are reflected in the revenues and expenses on Royal Gold's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Royal Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 2.75  4.85 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Royal Gold is a strong investment it is important to analyze Royal Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Royal Gold's future performance. For an informed investment choice regarding Royal Stock, refer to the following important reports:
Check out the analysis of Royal Gold Correlation against competitors.
For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Royal Gold. If investors know Royal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Royal Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.142
Dividend Share
0.6
Earnings Share
4.36
Revenue Per Share
9.842
Quarterly Revenue Growth
0.059
The market value of Royal Gold is measured differently than its book value, which is the value of Royal that is recorded on the company's balance sheet. Investors also form their own opinion of Royal Gold's value that differs from its market value or its book value, called intrinsic value, which is Royal Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Royal Gold's market value can be influenced by many factors that don't directly affect Royal Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Royal Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royal Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.