Midas MineralsMDMLF 15 PB Ratio is 10.45 as of Jun. 24, 2026. GuruFocus rates MDMLF with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 2,359 Metals & Mining companies, Midas Minerals ranks worse than 87.45% 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 (2026-06-24), Midas Minerals's share price is $0.70. Midas Minerals's Book Value per Share for the quarter that ended in Dec. 2025 was $0.07. Hence, Midas Minerals's PB Ratio of today is 10.45.
The historical rank and industry rank for Midas Minerals's PB Ratio or its related term are showing as below:
MDMLF'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 9.5
Current: 9.5
During the past 6 years, Midas Minerals's highest PB Ratio was 9.50. The lowest was 0.00. And the median was 0.00.
MDMLF's PB Ratio is ranked worse than 87.45% of 2359
companies
in the Metals & Mining industry
Industry Median: 2.32
vs MDMLF: 9.50
During the past 12 months, Midas Minerals's average Book Value Per Share Growth Rate was 134.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -13.70% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Midas Minerals was -2.80% per year. The lowest was -30.10% per year. And the median was -19.50% 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.
Midas Minerals PB Ratio Related Terms
Midas Minerals PB Ratio Historical Data
* Premium members only.
The historical data trend for Midas Minerals'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, Midas Minerals'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.
Midas Minerals PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Midas Minerals's PB Ratio distribution charts can be found below:
* The bar in red indicates where Midas Minerals'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.
Midas Minerals'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.
Midas Minerals (MDMLF) has a PB Ratio of 10.45 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Midas Minerals and its competitors. According to the industry distribution chart, Midas Minerals ranks #2063 out of 2359 companies in the Metals & Mining industry, placing it in the top 87.5%.
Is Midas Minerals' PB Ratio too high?
Midas Minerals' current PB Ratio is 10.45. The Metals & Mining industry median PB Ratio is 2.32. Midas Minerals' value of 10.45 is 350.4% above this industry median. Based on the distribution chart, Midas Minerals ranks #2063 out of 2359 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Midas Minerals has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Midas Minerals' PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Midas Minerals ranks #2063 out of 2359 companies for PB Ratio. This places Midas Minerals in the lower half of its industry. The industry median PB Ratio is 2.32. Midas Minerals' value of 10.45 is 350.4% 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 2.32, based on 2,359 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. Midas Minerals's current PB Ratio of 10.45 is 350.4% 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 Midas Minerals and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Midas Minerals's current PB Ratio is 10.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midas Minerals stock overvalued right now?
Midas Minerals (MDMLF) has a current PB Ratio of 10.45. The current PB Ratio is 10.45 and 350.4% above the Metals & Mining industry median of 2.32. Midas Minerals' overall GF Score™ is 15/100 with 2 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 Midas Minerals (MDMLF), the current PB Ratio is 10.45 as of Jun. 24, 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.
Midas Minerals Ltd is a junior mineral exploration company with a primary focus on copper and precious metals, with its activities centered on its exploration projects, which include the Otavi Copper Project, Newington Project, Challa Gold, Nickel-Copper-PGE Project, Reid-Aylmer Lithium Project, and Greenbush Lithium Project.
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