Helix ExplorationLSE:HEX +4.30%18 PB Ratio is 2.72 as of Jul. 12, 2026. GuruFocus rates LSE:HEX with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 2,357 Metals & Mining companies, Helix Exploration ranks worse than 57.4% on this metric.
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.
Helix Exploration PB Ratio Related Terms
Helix Exploration PB Ratio Historical Data
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The historical data trend for Helix Exploration'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.
Helix Exploration PB Ratio Chart
Helix Exploration Annual Data
Trend
Sep24
Sep25
PB Ratio
2.79
3.24
Helix Exploration Semi-Annual Data
Mar24
Sep24
Mar25
Sep25
Mar26
PB Ratio
0.00
2.79
1.68
3.24
4.88
Helix Exploration PB Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Helix Exploration'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.
Helix Exploration PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Helix Exploration's PB Ratio distribution charts can be found below:
* The bar in red indicates where Helix Exploration'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.
Helix Exploration (LSE:HEX) has a PB Ratio of 2.72 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Helix Exploration and its competitors. According to the industry distribution chart, Helix Exploration ranks #1353 out of 2357 companies in the Metals & Mining industry, placing it in the top 57.4%.
Is Helix Exploration's PB Ratio too high?
Helix Exploration's current PB Ratio is 2.72. The Metals & Mining industry median PB Ratio is 2.22. Helix Exploration's value of 2.72 is 22.5% above this industry median. Based on the distribution chart, Helix Exploration ranks #1353 out of 2357 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Helix Exploration has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Helix Exploration's PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Helix Exploration ranks #1353 out of 2357 companies for PB Ratio. This places Helix Exploration in the lower half of its industry. The industry median PB Ratio is 2.22. Helix Exploration's value of 2.72 is 22.5% above 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 2.22, based on 2,357 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. Helix Exploration's current PB Ratio of 2.72 is 22.5% 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 Helix Exploration and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helix Exploration's current PB Ratio is 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helix Exploration stock overvalued right now?
Helix Exploration (LSE:HEX) has a current PB Ratio of 2.72. The current PB Ratio is 2.72 and 22.5% above the Metals & Mining industry median of 2.22. Helix Exploration's overall GF Score™ is 18/100 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 Helix Exploration (LSE:HEX), the current PB Ratio is 2.72 as of Jul. 12, 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.
Helix Exploration PLC is engaged in the exploration, commercial development, and monetization of a non-hydrocarbon associated helium rich gas structure focusing on Rudyard Project. The company associates it's operations in Montana, North America.
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