TRJGF (Trojan Gold) PB Ratio: 3.37 (As of Aug. 15, 2026)

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What is Trojan Gold PB Ratio?

Trojan Gold TRJGF PB Ratio is 3.37 as of Aug. 15, 2026. The stock has 1 warning sign investors should review. Among 2,358 Metals & Mining companies, Trojan Gold ranks better than 60.43% 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 (2026-08-15), Trojan Gold's share price is $0.0337. Trojan Gold's Book Value per Share for the quarter that ended in Mar. 2026 was $0.01. Hence, Trojan Gold's PB Ratio of today is 3.37.

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

TRJGF' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.79
Current: 1.79

During the past 6 years, Trojan Gold's highest PB Ratio was 1.79. The lowest was 0.00. And the median was 0.00.

TRJGF's PB Ratio is ranked better than
60.43% of 2358 companies
in the Metals & Mining industry
Industry Median: 2.3 vs TRJGF: 1.79

During the past 12 months, Trojan Gold's average Book Value Per Share Growth Rate was -17.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -15.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -15.10% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Trojan Gold was -15.30% per year. The lowest was -23.90% per year. And the median was -20.60% per year.

Back to Basics: PB Ratio


Trojan Gold  (OTCPK:TRJGF) 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.


Trojan Gold PB Ratio Related Terms


Trojan Gold PB Ratio Historical Data

* Premium members only.

The historical data trend for Trojan Gold'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.

Trojan Gold PB Ratio Chart

Trojan Gold Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 2.84

Trojan Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 2.84 3.37

TRJGF vs NEM, AU: PB Ratio Comparison

For the Gold subindustry, Trojan Gold'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.


Trojan Gold PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Trojan Gold's PB Ratio distribution charts can be found below:

* The bar in red indicates where Trojan Gold's PB Ratio falls into.



Trojan Gold 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.

Trojan Gold's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.0337/0.01
=3.37

* 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 3.37 mean?
Trojan Gold (TRJGF) has a PB Ratio of 3.37 as of Aug. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Trojan Gold and its competitors. According to the industry distribution chart, Trojan Gold ranks #933 out of 2358 companies in the Metals & Mining industry, placing it in the top 39.6%.
Is Trojan Gold's PB Ratio too high?
Trojan Gold's current PB Ratio is 3.37. The Metals & Mining industry median PB Ratio is 2.30. Trojan Gold's value of 3.37 is 46.5% above this industry median. Based on the distribution chart, Trojan Gold ranks #933 out of 2358 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Trojan Gold's PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Trojan Gold ranks #933 out of 2358 companies for PB Ratio. This puts Trojan Gold in the upper half of its industry. The industry median PB Ratio is 2.30. Trojan Gold's value of 3.37 is 46.5% 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 2.30, based on 2,358 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. Trojan Gold's current PB Ratio of 3.37 is 46.5% 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 Trojan Gold and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trojan Gold's current PB Ratio is 3.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trojan Gold stock overvalued right now?
Trojan Gold (TRJGF) has a current PB Ratio of 3.37. The current PB Ratio is 3.37 and 46.5% above the Metals & Mining industry median of 2.30. 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 Trojan Gold (TRJGF), the current PB Ratio is 3.37 as of Aug. 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.

Trojan Gold Business Description

Other Exchanges TGII:Canada
Address 82 Richmond Street East, Suite 401, Toronto, ON, CAN, M5C 1P1
Trojan Gold Inc is a mineral resource company engaged in the acquisition and exploration of mineral resource properties in Canada and the Dominican Republic. The objective of the company is to locate, explore and develop precious metals, focusing initially on the exploration and development of the Hemlo South Project, located in Ontario, and the Watershed Property.