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 (2026-07-05), Norfolk Metals's share price is A$0.11. Norfolk Metals's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.11. Hence, Norfolk Metals's PB Ratio of today is 0.96.
The historical rank and industry rank for Norfolk Metals's PB Ratio or its related term are showing as below:
ASX:NFL'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.96
Current: 0.96
During the past 4 years, Norfolk Metals's highest PB Ratio was 0.96. The lowest was 0.00. And the median was 0.00.
ASX:NFL's PB Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 2.31
vs ASX:NFL: 0.96
During the past 12 months, Norfolk Metals's average Book Value Per Share Growth Rate was -18.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -13.30% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Norfolk Metals was -13.30% per year. The lowest was -13.30% per year. And the median was -13.30% 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.
Norfolk Metals PB Ratio Related Terms
Norfolk Metals PB Ratio Historical Data
* Premium members only.
The historical data trend for Norfolk 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, Norfolk 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.
Norfolk Metals PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Norfolk Metals's PB Ratio distribution charts can be found below:
* The bar in red indicates where Norfolk 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.
Norfolk Metals'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.
Norfolk Metals (ASX:NFL) has a PB Ratio of 0.96 as of Jul. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Norfolk Metals and its competitors.
Is Norfolk Metals' PB Ratio too high?
Norfolk Metals' current PB Ratio is 0.96. The Metals & Mining industry median PB Ratio is 2.31. Norfolk Metals' value of 0.96 is 58.4% below this industry median. Overall, Norfolk Metals has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Norfolk Metals' PB Ratio compare to HL?
Norfolk Metals' PB Ratio of 0.96 can be compared against companies in the Metals & Mining industry. The industry median PB Ratio is 2.31. Norfolk Metals' value of 0.96 is 58.4% 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 2.31, based on 2,352 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. Norfolk Metals's current PB Ratio of 0.96 is 58.4% 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 Norfolk Metals and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norfolk Metals's current PB Ratio is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norfolk Metals stock overvalued right now?
Norfolk Metals (ASX:NFL) has a current PB Ratio of 0.96. The current PB Ratio is 0.96 and 58.4% below the Metals & Mining industry median of 2.31. Norfolk Metals' overall GF Score™ is 35/100 with 1 warning sign 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 Norfolk Metals (ASX:NFL), the current PB Ratio is 0.96 as of Jul. 05, 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.
Norfolk Metals Ltd is a mineral exploration company. It is advancing its project portfolio with a focus on the earn-in of the Carmen Copper Project in Chile and the continued work at its listing assets; the Orroroo Uranium Project in South Australia and the Roger River Project in Tasmania. The company's sole activity is mineral exploration and resource development wholly within Australia, which is its only reportable segment.
35GF Score
Get the complete analysis for ASX:NFL
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:NFL has been successfully added to your 