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Western Mines GroupASX:WMG -5.56%23 PB Ratio is 1.31 as of Jul. 15, 2026. GuruFocus rates ASX:WMG with a GF Score™ of 23/100. Among 2,355 Metals & Mining companies, Western Mines Group ranks better than 68.2% on this metric.
The historical rank and industry rank for Western Mines Group's PB Ratio or its related term are showing as below:
ASX:WMG'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1.38
Current: 1.3
During the past 5 years, Western Mines Group's highest PB Ratio was 1.38. The lowest was 0.00. And the median was 0.00.
ASX:WMG's PB Ratio is ranked better than 68.2% of 2355
companies
in the Metals & Mining industry
Industry Median: 2.21
vs ASX:WMG: 1.30
During the past 12 months, Western Mines Group's average Book Value Per Share Growth Rate was -3.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.00% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Western Mines Group was 27.70% per year. The lowest was 2.00% per year. And the median was 14.85% per year.
Back to Basics: PB Ratio
Western Mines Group (ASX:WMG) 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.
Western Mines Group PB Ratio Related Terms
Western Mines Group PB Ratio Historical Data
* Premium members only.
The historical data trend for Western Mines Group'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 Gold subindustry, Western Mines Group'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.
Western Mines Group PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Western Mines Group's PB Ratio distribution charts can be found below:
* The bar in red indicates where Western Mines Group'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.
Western Mines Group (ASX:WMG) has a PB Ratio of 1.31 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 Western Mines Group and its competitors. According to the industry distribution chart, Western Mines Group ranks #749 out of 2355 companies in the Metals & Mining industry, placing it in the top 31.8%.
Is Western Mines Group's PB Ratio too high?
Western Mines Group's current PB Ratio is 1.31. The Metals & Mining industry median PB Ratio is 2.21. Western Mines Group's value of 1.31 is 40.7% below this industry median. Based on the distribution chart, Western Mines Group ranks #749 out of 2355 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Western Mines Group has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Western Mines Group's PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Western Mines Group ranks #749 out of 2355 companies for PB Ratio. This puts Western Mines Group in the upper half of its industry. The industry median PB Ratio is 2.21. Western Mines Group's value of 1.31 is 40.7% 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 2.21, 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. Western Mines Group's current PB Ratio of 1.31 is 40.7% 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 Western Mines Group 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. Western Mines Group's current PB Ratio is 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Mines Group stock overvalued right now?
Western Mines Group (ASX:WMG) has a current PB Ratio of 1.31. The current PB Ratio is 1.31 and 40.7% below the Metals & Mining industry median of 2.21. Western Mines Group's overall GF Score™ is 23/100. 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 Western Mines Group (ASX:WMG), the current PB Ratio is 1.31 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.
Western Mines Group Ltd is a mineral exploration company based in Western Australia. It focuses on exploring for gold and nickel sulphide deposits across various prospective projects located in several mineral belts of the region. Some of its projects include Mulga Tank Ni-Cu-PGE Project, Melita Gold Project, Jasper Hill Gold Project, Youanmi Gold Project, Pavarotti Ni-Cu-PGE Project, Rock of Ages Gold Project, Broken Hill Bore Gold Project, and Pinyalling Gold Project. The company's primary project centers on an ultramafic complex known for nickel, cobalt, copper, and platinum group elements. Western Mines Group aims to discover and develop mineral resources to create long-term value through its portfolio of exploration initiatives. The company operates within Australia's mining sector.
23GF Score
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