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Aspire MiningASX:AKM -2.33%32 PB Ratio is 1.78 as of Jul. 16, 2026, which is 224% above its 10-year median of 0.55. GuruFocus rates ASX:AKM with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 609 Steel companies, Aspire Mining ranks worse than 74.88% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-16), Aspire Mining's share price is A$0.21. Aspire Mining's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.12. Hence, Aspire Mining's PB Ratio of today is 1.78.
Warning Sign:
Aspire Mining Ltd stock PB Ratio (=1.84) is close to 10-year high of 1.84.
The historical rank and industry rank for Aspire Mining's PB Ratio or its related term are showing as below:
ASX:AKM'
s PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.55 Max: 1.84
Current: 1.78
During the past 13 years, Aspire Mining's highest PB Ratio was 1.84. The lowest was 0.22. And the median was 0.55.
ASX:AKM's PB Ratio is ranked worse than 74.88% of 609
companies
in the Steel industry
Industry Median: 0.98
vs ASX:AKM: 1.78
During the past 12 months, Aspire Mining's average Book Value Per Share Growth Rate was -10.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -4.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -16.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -20.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Aspire Mining was 73.40% per year. The lowest was -81.30% per year. And the median was -13.10% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Aspire Mining PB Ratio Related Terms
Aspire Mining PB Ratio Historical Data
* Premium members only.
The historical data trend for Aspire Mining's PB Ratio 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.
For the Coking Coal subindustry, Aspire Mining'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.
Aspire Mining PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Aspire Mining's PB Ratio distribution charts can be found below:
* The bar in red indicates where Aspire Mining's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Aspire Mining's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Aspire Mining (ASX:AKM) has a PB Ratio of 1.78 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Aspire Mining and its competitors. This is 224% above median its historical median of 0.55. Over the past decade, Aspire Mining's PB Ratio has ranged from 0.22 to 1.84. According to the industry distribution chart, Aspire Mining ranks #456 out of 609 companies in the Steel industry, placing it in the top 74.9%.
Is Aspire Mining's PB Ratio too high?
Aspire Mining's current PB Ratio of 1.78 is 224% above median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.84. The Steel industry median PB Ratio is 0.98. Aspire Mining's value of 1.78 is 81.6% above this industry median. Based on the distribution chart, Aspire Mining ranks #456 out of 609 companies in the Steel industry, which is below the industry midpoint. Overall, Aspire Mining has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Aspire Mining's PB Ratio compare to HCC and AMR?
According to the Steel industry distribution chart, Aspire Mining ranks #456 out of 609 companies for PB Ratio. This places Aspire Mining in the lower half of its industry. The industry median PB Ratio is 0.98. Aspire Mining's value of 1.78 is 81.6% above this benchmark. Historically, Aspire Mining's own PB Ratio has ranged from 0.22 to 1.84 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.98, Aspire Mining has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Steel company?
The median PB Ratio among Steel companies is 0.98, based on 609 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aspire Mining's current PB Ratio of 1.78 is 81.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Aspire Mining and its competitors. For the Steel industry, the median PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspire Mining's current PB Ratio is 1.78, which is 224% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspire Mining stock overvalued right now?
Aspire Mining (ASX:AKM) has a current PB Ratio of 1.78. The current PB Ratio is 1.78, which is 224% above median its 10-year median of 0.55 and 81.6% above the Steel industry median of 0.98. Aspire Mining's overall GF Score™ is 32/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Aspire Mining (ASX:AKM), the current PB Ratio is 1.78 as of Jul. 16, 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.
Aspire Mining Ltd is a mineral exploration and development company. It is principally engaged in the progression of studies, permits, exploration of mining projects in Mongolia, and obtaining approvals to advance the development of the Ovoot Coking Coal Project (Ovoot Project or Ovoot). It also holds the Nuurstei coking coal project. The company's geographical segments include Australia which generates key revenue, followed by Mongolia.
32GF Score
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