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Mitchell ServicesASX:MSV 58 PB Ratio is 1.62 as of Jul. 14, 2026, which is 4% below its 10-year median of 1.68. GuruFocus rates ASX:MSV with a GF Score™ of 58/100 and a GF Value™ of A$0.32 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,355 Metals & Mining companies, Mitchell Services ranks better than 62.38% on this metric.
The historical rank and industry rank for Mitchell Services's PB Ratio or its related term are showing as below:
ASX:MSV'
s PB Ratio Range Over the Past 10 Years
Min: 0.77 Med: 1.68 Max: 5.62
Current: 1.62
During the past 13 years, Mitchell Services's highest PB Ratio was 5.62. The lowest was 0.77. And the median was 1.68.
ASX:MSV's PB Ratio is ranked better than 62.38% of 2355
companies
in the Metals & Mining industry
Industry Median: 2.21
vs ASX:MSV: 1.62
During the past 12 months, Mitchell Services's average Book Value Per Share Growth Rate was 14.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mitchell Services was 43.60% per year. The lowest was -33.00% per year. And the median was 2.60% 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.
Mitchell Services PB Ratio Related Terms
Mitchell Services PB Ratio Historical Data
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The historical data trend for Mitchell Services'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 Industrial Metals & Mining subindustry, Mitchell Services'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.
Mitchell Services PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mitchell Services's PB Ratio distribution charts can be found below:
* The bar in red indicates where Mitchell Services'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.
Mitchell Services (ASX:MSV) has a PB Ratio of 1.62 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 Mitchell Services and its competitors. This is near median its historical median of 1.68. Over the past decade, Mitchell Services' PB Ratio has ranged from 0.77 to 5.62. According to the industry distribution chart, Mitchell Services ranks #886 out of 2355 companies in the Metals & Mining industry, placing it in the top 37.6%.
Is Mitchell Services' PB Ratio too high?
Mitchell Services' current PB Ratio of 1.62 is near median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 5.62. The Metals & Mining industry median PB Ratio is 2.21. Mitchell Services' value of 1.62 is 26.7% below this industry median. Based on the distribution chart, Mitchell Services ranks #886 out of 2355 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Mitchell Services has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitchell Services' PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Mitchell Services ranks #886 out of 2355 companies for PB Ratio. This puts Mitchell Services in the upper half of its industry. The industry median PB Ratio is 2.21. Mitchell Services' value of 1.62 is 26.7% below this benchmark. Historically, Mitchell Services' own PB Ratio has ranged from 0.77 to 5.62 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 2.21, Mitchell Services has consistently been below 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. Mitchell Services's current PB Ratio of 1.62 is 26.7% 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 Mitchell Services 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. Mitchell Services's current PB Ratio is 1.62, which is near median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitchell Services stock overvalued right now?
Based on GuruFocus' analysis, Mitchell Services (ASX:MSV) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.32, compared to a current price of A$0.53 — trading 65.6% above its estimated fair value. The current PB Ratio is 1.62, which is near median its 10-year median of 1.68 and 26.7% below the Metals & Mining industry median of 2.21. Mitchell Services' overall GF Score™ is 58/100 with 3 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 Mitchell Services (ASX:MSV), the current PB Ratio is 1.62 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 Mitchell Services (ASX:MSV) Overvalued in 2026?
Based on GuruFocus' analysis, Mitchell Services stock appears to be overvalued.
The current stock price of A$0.53 is trading 65.6% above its estimated GF Value™ of A$0.32.
GuruFocus considers Mitchell Services to be Significantly Overvalued.
Key valuation signals for ASX:MSV:
PB Ratio: 1.62 (near median its 10-year median of 1.68)
GF Value™: A$0.32 vs. price of A$0.53 (65.6% above fair value)
Industry Position: 26.7% below the Metals & Mining median (#886 of 2355)
No single metric tells the full story. See the ASX:MSV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitchell Services Ltd provides drilling services to the global exploration, mining, and energy industries. Its services extend across three key drilling divisions namely exploration, mine services, and underground. It provides drilling solutions at all stages of the mining lifecycle in both the minerals and energy sectors. The group's services include grassroots exploration, project feasibility, construction, production, closure and remediation. The company generates the majority of its revenue from Surface drilling services.
58GF Score
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