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Medallion MetalsASX:MM8 +2.44%32 PB Ratio is 3.72 as of Jul. 14, 2026, which is 1% below its 10-year median of 3.77. GuruFocus rates ASX:MM8 with a GF Score™ of 32/100 and a GF Value™ of A$0.01 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,355 Metals & Mining companies, Medallion Metals ranks worse than 67.47% 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 (2026-07-14), Medallion Metals's share price is A$0.42. Medallion Metals's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.11. Hence, Medallion Metals's PB Ratio of today is 3.72.
Good Sign:
Medallion Metals Ltd stock PB Ratio (=3.85) is close to 1-year low of 3.85.
The historical rank and industry rank for Medallion Metals's PB Ratio or its related term are showing as below:
ASX:MM8'
s PB Ratio Range Over the Past 10 Years
Min: 1.14 Med: 3.77 Max: 11.81
Current: 3.72
During the past 6 years, Medallion Metals's highest PB Ratio was 11.81. The lowest was 1.14. And the median was 3.77.
ASX:MM8's PB Ratio is ranked worse than 67.47% of 2355
companies
in the Metals & Mining industry
Industry Median: 2.21
vs ASX:MM8: 3.72
During the past 12 months, Medallion Metals's average Book Value Per Share Growth Rate was 205.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.70% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Medallion Metals was -0.70% per year. The lowest was -6.00% per year. And the median was -3.35% 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.
Medallion Metals PB Ratio Related Terms
Medallion Metals PB Ratio Historical Data
* Premium members only.
The historical data trend for Medallion Metals'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 Other Precious Metals & Mining subindustry, Medallion Metals'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.
Medallion Metals PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Medallion Metals's PB Ratio distribution charts can be found below:
* The bar in red indicates where Medallion Metals'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.
Medallion Metals (ASX:MM8) has a PB Ratio of 3.72 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Medallion Metals and its competitors. This is near median its historical median of 3.77. Over the past decade, Medallion Metals' PB Ratio has ranged from 1.14 to 11.81. According to the industry distribution chart, Medallion Metals ranks #1589 out of 2355 companies in the Metals & Mining industry, placing it in the top 67.5%.
Is Medallion Metals' PB Ratio too high?
Medallion Metals' current PB Ratio of 3.72 is near median its 10-year median of 3.77. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 11.81. The Metals & Mining industry median PB Ratio is 2.21. Medallion Metals' value of 3.72 is 68.3% above this industry median. Based on the distribution chart, Medallion Metals ranks #1589 out of 2355 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Medallion Metals has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Medallion Metals' PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Medallion Metals ranks #1589 out of 2355 companies for PB Ratio. This places Medallion Metals in the lower half of its industry. The industry median PB Ratio is 2.21. Medallion Metals' value of 3.72 is 68.3% above this benchmark. Historically, Medallion Metals' own PB Ratio has ranged from 1.14 to 11.81 over the past decade. While the company's 10-year median is 3.77 vs. the industry median of 2.21, Medallion Metals 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 Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.21, based on 2,355 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. Medallion Metals's current PB Ratio of 3.72 is 68.3% 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 Medallion Metals and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medallion Metals's current PB Ratio is 3.72, which is near median its own 10-year median of 3.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medallion Metals stock overvalued right now?
Based on GuruFocus' analysis, Medallion Metals (ASX:MM8) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.42 — trading 4100% above its estimated fair value. The current PB Ratio is 3.72, which is near median its 10-year median of 3.77 and 68.3% above the Metals & Mining industry median of 2.21. Medallion Metals' 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 Medallion Metals (ASX:MM8), the current PB Ratio is 3.72 as of Jul. 14, 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 Medallion Metals (ASX:MM8) Overvalued in 2026?
Based on GuruFocus' analysis, Medallion Metals stock appears to be overvalued.
The current stock price of A$0.42 is trading 4100% above its estimated GF Value™ of A$0.01.
GuruFocus considers Medallion Metals to be Significantly Overvalued.
Key valuation signals for ASX:MM8:
PB Ratio: 3.72 (near median its 10-year median of 3.77)
GF Value™: A$0.01 vs. price of A$0.42 (4100% above fair value)
Industry Position: 68.3% above the Metals & Mining median (#1589 of 2355)
No single metric tells the full story. See the ASX:MM8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Medallion Metals Ltd is a minerals exploration company based in Perth, Western Australia. To the north, it has the Ravensthorpe Gold Project, comprising mineral rights yielding amounts of high-grade gold and copper. To the south, the Jerdacuttup Project is prospective for base and precious metals. The firm has one reportable segment that is Project Operations.
32GF Score
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