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Cobalt Blue HoldingsASX:COB -2.86% PB Ratio is 1.06 as of Jul. 15, 2026. The stock has 1 warning sign investors should review. Among 2,358 Metals & Mining companies, Cobalt Blue Holdings ranks better than 75.45% on this metric.
The historical rank and industry rank for Cobalt Blue Holdings's PB Ratio or its related term are showing as below:
ASX:COB'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1.1
Current: 1.07
During the past 8 years, Cobalt Blue Holdings's highest PB Ratio was 1.10. The lowest was 0.00. And the median was 0.00.
ASX:COB's PB Ratio is ranked better than 75.45% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.2
vs ASX:COB: 1.07
During the past 12 months, Cobalt Blue Holdings's average Book Value Per Share Growth Rate was -11.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -21.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -10.20% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Cobalt Blue Holdings was 14.00% per year. The lowest was -21.00% per year. And the median was -7.70% per year.
Back to Basics: PB Ratio
Cobalt Blue Holdings (ASX:COB) PB Ratio Explanation
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.
Cobalt Blue Holdings PB Ratio Related Terms
Cobalt Blue Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for Cobalt Blue Holdings'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.
Cobalt Blue Holdings PB Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Cobalt Blue Holdings'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.
Cobalt Blue Holdings PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Cobalt Blue Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Cobalt Blue Holdings'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.
* 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.
Cobalt Blue Holdings (ASX:COB) has a PB Ratio of 1.06 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Cobalt Blue Holdings and its competitors. According to the industry distribution chart, Cobalt Blue Holdings ranks #579 out of 2358 companies in the Metals & Mining industry, placing it in the top 24.6%.
Is Cobalt Blue Holdings' PB Ratio too high?
Cobalt Blue Holdings' current PB Ratio is 1.06. The Metals & Mining industry median PB Ratio is 2.20. Cobalt Blue Holdings' value of 1.06 is 51.8% below this industry median. Based on the distribution chart, Cobalt Blue Holdings ranks #579 out of 2358 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Cobalt Blue Holdings' PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Cobalt Blue Holdings ranks #579 out of 2358 companies for PB Ratio. This places Cobalt Blue Holdings in the top 25% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.20. Cobalt Blue Holdings' value of 1.06 is 51.8% below this benchmark. 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 Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.20, based on 2,358 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. Cobalt Blue Holdings's current PB Ratio of 1.06 is 51.8% below 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 Cobalt Blue Holdings and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cobalt Blue Holdings's current PB Ratio is 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cobalt Blue Holdings stock overvalued right now?
Cobalt Blue Holdings (ASX:COB) has a current PB Ratio of 1.06. The current PB Ratio is 1.06 and 51.8% below the Metals & Mining industry median of 2.20. 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 Cobalt Blue Holdings (ASX:COB), the current PB Ratio is 1.06 as of Jul. 15, 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.
Cobalt Blue Holdings Ltd is a minerals processing and mining company focused on cobalt, nickel, copper, zinc, silver, and sulphur. The company is organized into three segments: the Broken Hill Cobalt Project, a proposed cobalt mining project; the Kwinana Cobalt Refinery Project in Western Australia, aimed at producing battery-ready cobalt and nickel sulphates; and the Halls Creek Project, a proposed copper and zinc mining project in Western Australia. The company's focus is on midstream processing capabilities in Australia and diversifying supply chains among like-minded countries.
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