Westgold Resources Limited (WGX.AX)

P/B ratio as of December 2024 : 3.59

According to Westgold Resources Limited's latest financial reports the company has a price-to-book ratio of 3.83322.
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 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	3.66	105.98%
2023-12-31	1.78	154.68%
2022-12-31	0.6973	-49.43%
2021-12-31	1.38	-42.52%
2020-12-31	2.40	16.6%
2019-12-31	2.06	156.27%
2018-12-31	0.8029	-56.26%
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