P/NAV definition
P/NAV means price to NAV.
P/NAV means price to net asset value;
Examples of P/NAV in a sentence
Our valuation is based on a price-to-net-asset-value (P/NAV) multiple based on a discounted cash flow (DCF) model using our estimates of existing or potential mining operations.
Using a target P/NAV multiple of 1.0x on our NAV estimates a fair value of $1.10/sh.