Ssr Mining Stock Price To Book

SSRM Stock  USD 6.95  0.08  1.16%   
SSR Mining fundamentals help investors to digest information that contributes to SSR Mining's financial success or failures. It also enables traders to predict the movement of SSR Stock. The fundamental analysis module provides a way to measure SSR Mining's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SSR Mining stock.
As of the 23rd of December 2024, Price To Book Ratio is likely to drop to 0.62.
  
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SSR Mining Company Price To Book Analysis

SSR Mining's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current SSR Mining Price To Book

    
  0.45 X  
Most of SSR Mining's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SSR Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

SSR Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for SSR Mining is extremely important. It helps to project a fair market value of SSR Stock properly, considering its historical fundamentals such as Price To Book. Since SSR Mining's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SSR Mining's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SSR Mining's interrelated accounts and indicators.
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SSR Price To Book Historical Pattern

Today, most investors in SSR Mining Stock are looking for potential investment opportunities by analyzing not only static indicators but also various SSR Mining's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of SSR Mining price to book as a starting point in their analysis.
   SSR Mining Price To Book   
       Timeline  
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition

SSR Book Value Per Share

Book Value Per Share

22.08

At this time, SSR Mining's Book Value Per Share is very stable compared to the past year.
Based on the latest financial disclosure, SSR Mining has a Price To Book of 0.4533 times. This is 96.28% lower than that of the Metals & Mining sector and 102.46% lower than that of the Materials industry. The price to book for all United States stocks is 95.23% higher than that of the company.

SSR Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SSR Mining's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SSR Mining could also be used in its relative valuation, which is a method of valuing SSR Mining by comparing valuation metrics of similar companies.
SSR Mining is currently under evaluation in price to book category among its peers.

SSR Mining ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, SSR Mining's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SSR Mining's managers, analysts, and investors.
Environmental
Governance
Social

SSR Fundamentals

About SSR Mining Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SSR Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SSR Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SSR Mining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether SSR Mining is a strong investment it is important to analyze SSR Mining'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 SSR Mining's future performance. For an informed investment choice regarding SSR Stock, refer to the following important reports:
Check out SSR Mining Piotroski F Score and SSR Mining Altman Z Score analysis.
To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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 SSR Mining. If investors know SSR 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 SSR Mining 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
(0.29)
Earnings Share
(2.38)
Revenue Per Share
5.423
Quarterly Revenue Growth
(0.33)
Return On Assets
(0.02)
The market value of SSR Mining is measured differently than its book value, which is the value of SSR that is recorded on the company's balance sheet. Investors also form their own opinion of SSR Mining's value that differs from its market value or its book value, called intrinsic value, which is SSR Mining'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 SSR Mining's market value can be influenced by many factors that don't directly affect SSR Mining'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 SSR Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if SSR Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSR Mining'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.