Westgold Resources Limited (WGX.AX)

P/B ratio as of September 2024 : 4.23

According to Westgold Resources Limited's latest financial reports the company has a price-to-book ratio of 4.23.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Westgold Resources Limited - P/B ratio (from 2017 to 2023)

P/B ratio by year

Year	P/B ratio	Change
2023-12-31	1.76	154.23%
2022-12-31	0.6939	-49.92%
2021-12-31	1.39	-42.21%
2020-12-31	2.40	16.05%
2019-12-31	2.07	157.21%
2018-12-31	0.8032	-56.29%
2017-12-31	1.84

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Westgold Resources Limited (WGX.AX) - P/B ratio