MP (MP Materials) 3-Year Book Growth Rate: 14.70% (As of Jun. 2026) — Near Median

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Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MP MP Materials Corp MP
65 GF Score
Price $57.69
GF Value $37.90
Valuation Significantly Overvalued
! 2 Warning Signs
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What is MP Materials 3-Year Book Growth Rate?

MP Materials MP -1.79% 65 3-Year Book Growth Rate is 14.70% as of Jun. 2026, which is at its 10-year median of 14.70. GuruFocus rates MP with a GF Score™ of 65/100 and a GF Value™ of $37.90 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,179 Metals & Mining companies, MP Materials ranks better than 80.13% on this metric.

MP Materials's Book Value per Share for the quarter that ended in Jun. 2026 was $10.99.

During the past 12 months, MP Materials's average Book Value per Share Growth Rate was 77.80% per year. During the past 3 years, the average Book Value per Share Growth Rate was 14.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was 13.50% 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 average Book Value per Share growth rate.

During the past 7 years, the highest 3-Year average Book Value per Share Growth Rate of MP Materials was 15.30% per year. The lowest was 4.40% per year. And the median was 14.70% per year.


MP Materials  (NYSE:MP) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


MP Materials 3-Year Book Growth Rate Related Terms


MP vs MTRN, USAR, EMAT: 3-Year Book Growth Rate Comparison

For the Other Industrial Metals & Mining subindustry, MP Materials's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.


MP Materials 3-Year Book Growth Rate vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MP Materials's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where MP Materials's 3-Year Book Growth Rate falls into.


MP
65GF Score
MP Materials Corp MP
3-Year Book Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
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MP Materials 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 average Book Value per Share growth rate.

What does a 3-Year Book Growth Rate of 14.70% mean?
MP Materials (MP) has a 3-Year Book Growth Rate of 14.70% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for MP Materials and its competitors. This is near median its historical median of 14.70. Over the past decade, MP Materials' 3-Year Book Growth Rate has ranged from 4.40 to 15.30. According to the industry distribution chart, MP Materials ranks #433 out of 2179 companies in the Metals & Mining industry, placing it in the top 19.9%.
Is MP Materials' 3-Year Book Growth Rate too high?
MP Materials' current 3-Year Book Growth Rate of 14.70% is near median its 10-year median of 14.70. Over the past 10 years, this metric has ranged from a low of 4.40 to a high of 15.30. Based on the distribution chart, MP Materials ranks #433 out of 2179 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, MP Materials has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MP Materials' 3-Year Book Growth Rate compare to MTRN and USAR?
According to the Metals & Mining industry distribution chart, MP Materials ranks #433 out of 2179 companies for 3-Year Book Growth Rate. This places MP Materials in the top 20% of its industry — outperforming the majority of peers. Historically, MP Materials' own 3-Year Book Growth Rate has ranged from 4.40 to 15.30 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a Metals & Mining company?
A good 3-Year Book Growth Rate depends on the Metals & Mining industry context. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for MP Materials and its competitors. MP Materials's current 3-Year Book Growth Rate is 14.70%, which is near median its own 10-year median of 14.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MP Materials stock overvalued right now?
Based on GuruFocus' analysis, MP Materials (MP) is currently considered Significantly Overvalued. The stock's GF Value™ is $37.90, compared to a current price of $57.69 — trading 52.2% above its estimated fair value. The current 3-Year Book Growth Rate is 14.70%, which is near median its 10-year median of 14.70. MP Materials' overall GF Score™ is 65/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For MP Materials (MP), the current 3-Year Book Growth Rate is 14.70% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MP Materials (MP) Overvalued in 2026?

Based on GuruFocus' analysis, MP Materials stock appears to be overvalued. The current stock price of $57.69 is trading 52.2% above its estimated GF Value™ of $37.90. GuruFocus considers MP Materials to be Significantly Overvalued.

Key valuation signals for MP:

  • 3-Year Book Growth Rate: 14.70% (near median its 10-year median of 14.70)
  • GF Value™: $37.90 vs. price of $57.69 (52.2% above fair value)
  • GF Score™: 65/100 with 2 warning signs

No single metric tells the full story. See the MP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MP Materials Business Description

Address 1700 S. Pavilion Center Drive, Suite 800, Las Vegas, NV, USA, 89135
MP Materials Corp is the producer of rare earth materials in the Western Hemisphere. The company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility, the only rare earth mining and processing site of scale in North America. The company is also developing a rare earth metal, alloy, and magnet manufacturing facility in Fort Worth, Texas. The company's operations are organized into two reportable segments: Materials and Magnetics.
65GF Score

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3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$57.69
Price
$37.90
GF Value