What is Kinross Gold Book Value per Share?
Kinross Gold's book value per share for the quarter that ended in Jun. 2024 was $5.14.
During the past 12 months, Kinross Gold's average Book Value Per Share Growth Rate was 8.60% per year.During the past 3 years, the average Book Value Per Share Growth Rate was -0.30% per year.During the past 5 years, the average Book Value Per Share Growth Rate was 6.00% per year.During the past 10 years, the average Book Value Per Share Growth Rate was 3.80% per year.Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kinross Gold was 39.00% per year. The lowest was -30.60% per year. And the median was 0.55% per year.
Kinross Gold's current price is $9.475. Its book value per share for the quarter that ended in Jun. 2024 was $5.14. Hence, today's PB Ratio of Kinross Gold is 1.84.
During the past 13 years, the highest P/B Ratio of Kinross Gold was 2.17. The lowest was 0.39. And the median was 1.05.
Kinross Gold Book Value per Share Historical Data
The historical data trend for Kinross Gold's Book Value per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Kinross Gold Book Value per Share Chart
| Kinross Gold Annual Data | ||||||||||||||||||||
| Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||||||
| Book Value per Share | Get a 7-Day Free Trial | 4.24 | 5.24 | 5.29 | 4.77 | 4.96 | ||||||||||||||
| Kinross Gold Quarterly Data | ||||||||||||||||||||
| Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
| Book Value per Share | Get a 7-Day Free Trial | 4.89 | 4.94 | 4.96 | 5.01 | 5.14 | ||||||||||||||
Competitive Comparison of Kinross Gold's Book Value per Share
For the Gold subindustry, Kinross Gold's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Kinross Gold's PB Ratio Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Kinross Gold's PB Ratio distribution charts can be found below:
* The bar in red indicates where Kinross Gold's PB Ratio falls into.
Kinross Gold Book Value per Share Calculation
Kinross Gold's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
| Book Value Per Share | = | (Total Stockholders Equity | - | Preferred Stock) | / | Shares Outstanding (EOP) |
| = | (6,084 | - | 0) | / | 1,228 | |
| = | 4.95 |
Kinross Gold's Book Value Per Share for the quarter that ended in Jun. 2024 is calculated as:
| Book Value Per Share | = | (Total Stockholders Equity | - | Preferred Stock) | / | Shares Outstanding (EOP) |
| = | (6,320 | - | 0) | / | 1,229 | |
| = | 5.14 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Kinross Gold(NYSE:KGC) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Kinross Gold Book Value per Share Related Terms
Thank you for viewing the detailed overview of Kinross Gold's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Kinross Gold Business Description
Industry
GURUFOCUS.COM »STOCK LIST »Basic Materials » » Kinross Gold Corp (NYSE:KGC) » Definitions » Book Value per Share
Comparable Companies
TSX:AGI TSX:PAAS TSX:LUG TSX:BTO TSX:ELD TSX:OR TSX:IMG TSX:EQX TSXV:ARTG TSX:NGD NEM SHSE:601899 TSX:AEM TSX:ABX TSX:WPM TSX:FNV SHSE:600547 MIC:PLZL JSE:GFI AU
Traded in Other Exchanges
0R2D:UK KIN2:Germany KIN2:Germany KIN2:Germany K:Canada KGC:Argentina
Address
25 York Street, 17th Floor, Toronto, ON, CAN, M5J 2V5
Website
Kinross Gold is a Canada-based gold producer, producing roughly 2 million gold equivalent ounces in 2022. The company had about a decade of gold reserves at the end of 2022. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. The company has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada, which, if developed, could produce an average of more than 500,000 ounces of gold per year for at least a decade.
Kinross Gold Headlines
From GuruFocus
Kinross announces renewal of share buyback program
By PurpleRose PurpleRose • 07-28-2022
SPROTT INC. Buys 2, Sells 3 in 3rd Quarter
By GuruFocus Research GuruFocus Editor • 11-14-2022
Kinross to announce Q2 results on August 2, 2023
By GlobeNewswire • 07-10-2023
Kinross completes US$500 million unsecured 10-year notes offering to refinance its outstanding notes due 2024
By GlobeNewswire • 07-05-2023
Kinross declares quarterly dividend
By sperokesalga sperokesalga • 05-09-2023
Kinross announces routine renewal of NCIB
By Marketwired • 08-04-2023
Is Kinross Gold (KGC) Modestly Undervalued? A Comprehensive Valuation Analysis
By GuruFocus Research • 09-15-2023
Kinross to announce Q3 results on November 8, 2023
By Marketwired • 10-04-2023
What's Driving Kinross Gold Corp's Surprising 16% Stock Rally?
By GuruFocus Research • 11-21-2023
Kinross to redeem $500 million in Senior Notes on August 10, 2023
By GlobeNewswire • 07-11-2023
