Fenix Resources (FRA:4ER) PB Ratio: 1.09 (As of Jul. 19, 2026) — 17% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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FRA:4ER Fenix Resources Ltd FRA:4ER
25 GF Score
Price €0.15
GF Value €0.32
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Fenix Resources PB Ratio?

Fenix Resources FRA:4ER 25 PB Ratio is 1.09 as of Jul. 19, 2026, which is 17% below its 10-year median of 1.32. GuruFocus rates FRA:4ER with a GF Score™ of 25/100 and a GF Value™ of €0.32 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 610 Steel companies, Fenix Resources ranks worse than 57.21% 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 (2026-07-19), Fenix Resources's share price is €0.15. Fenix Resources's Book Value per Share for the quarter that ended in Dec. 2025 was €0.14. Hence, Fenix Resources's PB Ratio of today is 1.09.

Good Sign:

Fenix Resources Ltd stock PB Ratio (=1.11) is close to 10-year low of 1.

The historical rank and industry rank for Fenix Resources's PB Ratio or its related term are showing as below:

FRA:4ER' s PB Ratio Range Over the Past 10 Years
Min: 1   Med: 1.32   Max: 2.68
Current: 1.11

During the past 13 years, Fenix Resources's highest PB Ratio was 2.68. The lowest was 1.00. And the median was 1.32.

FRA:4ER's PB Ratio is ranked worse than
57.21% of 610 companies
in the Steel industry
Industry Median: 0.97 vs FRA:4ER: 1.11

During the past 12 months, Fenix Resources's average Book Value Per Share Growth Rate was 3.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 41.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 27.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Fenix Resources was 173.70% per year. The lowest was -53.80% per year. And the median was -13.00% per year.

Back to Basics: PB Ratio


Fenix Resources  (FRA:4ER) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Fenix Resources PB Ratio Related Terms


Fenix Resources PB Ratio Historical Data

* Premium members only.

The historical data trend for Fenix Resources'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.

Fenix Resources PB Ratio Chart

Fenix Resources Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.11

Fenix Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 1.06 1.11 1.81

FRA:4ER vs NUE, STLD, RS: PB Ratio Comparison

For the Steel subindustry, Fenix Resources'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.


Fenix Resources PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Fenix Resources's PB Ratio distribution charts can be found below:

* The bar in red indicates where Fenix Resources's PB Ratio falls into.


FRA:4ER
25GF Score
Fenix Resources Ltd FRA:4ER
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fenix Resources PB Ratio Calculation

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.

Fenix Resources's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.15/0.138
=1.09

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.09 mean?
Fenix Resources (FRA:4ER) has a PB Ratio of 1.09 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Fenix Resources and its competitors. This is 17% below median its historical median of 1.32. Over the past decade, Fenix Resources' PB Ratio has ranged from 1.00 to 2.68. According to the industry distribution chart, Fenix Resources ranks #349 out of 610 companies in the Steel industry, placing it in the top 57.2%.
Is Fenix Resources' PB Ratio too high?
Fenix Resources' current PB Ratio of 1.09 is 17% below median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 2.68. The Steel industry median PB Ratio is 0.97. Fenix Resources' value of 1.09 is 12.4% above this industry median. Based on the distribution chart, Fenix Resources ranks #349 out of 610 companies in the Steel industry, which is below the industry midpoint. Overall, Fenix Resources has a GF Score™ of 25/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fenix Resources' PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Fenix Resources ranks #349 out of 610 companies for PB Ratio. This places Fenix Resources in the lower half of its industry. The industry median PB Ratio is 0.97. Fenix Resources' value of 1.09 is 12.4% above this benchmark. Historically, Fenix Resources' own PB Ratio has ranged from 1.00 to 2.68 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 0.97, Fenix Resources 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 Steel company?
The median PB Ratio among Steel companies is 0.97, based on 610 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. Fenix Resources's current PB Ratio of 1.09 is 12.4% 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 Fenix Resources and its competitors. For the Steel industry, the median PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fenix Resources's current PB Ratio is 1.09, which is 17% below median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fenix Resources stock overvalued right now?
Based on GuruFocus' analysis, Fenix Resources (FRA:4ER) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.32, compared to a current price of €0.15 — trading 53.1% below its estimated fair value. The current PB Ratio is 1.09, which is 17% below median its 10-year median of 1.32 and 12.4% above the Steel industry median of 0.97. Fenix Resources' overall GF Score™ is 25/100 with 5 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 Fenix Resources (FRA:4ER), the current PB Ratio is 1.09 as of Jul. 19, 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 Fenix Resources (FRA:4ER) Overvalued in 2026?

Based on GuruFocus' analysis, Fenix Resources stock appears to be undervalued. The current stock price of €0.15 is trading 53.1% below its estimated GF Value™ of €0.32. GuruFocus considers Fenix Resources to be Significantly Undervalued.

Key valuation signals for FRA:4ER:

  • PB Ratio: 1.09 (17% below median its 10-year median of 1.32)
  • GF Value™: €0.32 vs. price of €0.15 (53.1% below fair value)
  • GF Score™: 25/100 with 5 warning signs
  • Industry Position: 12.4% above the Steel median (#349 of 610)

No single metric tells the full story. See the FRA:4ER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fenix Resources Business Description

Other Exchanges FEX:Australia
Address 1 Spring Street, Level 33, Perth, WA, AUS, 6000
Fenix Resources Ltd is an Australian company engaged in exploring, developing, and mining mineral tenements. The Group has single reportable segment: the Mining. The company's assets include the Iron Ridge Iron Ore Mine, the Shine Iron Ore Mine, the Beebyn-W11 Iron Ore Project, the Newhaul Road Logistics haulage.
25GF Score

Get the complete analysis for FRA:4ER

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.15
Price
€0.32
GF Value