WGXRF (Westgold Resources) PB Ratio: 2.23 (As of Jul. 12, 2026) — 33% Above Median


WGXRF Westgold Resources Ltd WGXRF
77 GF Score
Price $3.34
GF Value $3.21
Valuation Fairly Valued
! 5 Warning Signs
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What is Westgold Resources PB Ratio?

Westgold Resources WGXRF +3.09% 77 PB Ratio is 2.23 as of Jul. 12, 2026, which is 33% above its 10-year median of 1.68. GuruFocus rates WGXRF with a GF Score™ of 77/100 and a GF Value™ of $3.21 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,357 Metals & Mining companies, Westgold Resources ranks better than 52.61% 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 (2026-07-12), Westgold Resources's share price is $3.34. Westgold Resources's Book Value per Share for the quarter that ended in Dec. 2025 was $1.50. Hence, Westgold Resources's PB Ratio of today is 2.23.

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

WGXRF' s PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.68   Max: 3.71
Current: 2.11

During the past 9 years, Westgold Resources's highest PB Ratio was 3.71. The lowest was 0.58. And the median was 1.68.

WGXRF's PB Ratio is ranked better than
52.61% of 2357 companies
in the Metals & Mining industry
Industry Median: 2.22 vs WGXRF: 2.11

During the past 12 months, Westgold Resources's average Book Value Per Share Growth Rate was 11.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.90% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Westgold Resources was 18.90% per year. The lowest was 0.60% per year. And the median was 5.60% per year.

Back to Basics: PB Ratio


Westgold Resources  (OTCPK:WGXRF) 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.


Westgold Resources PB Ratio Related Terms


Westgold Resources PB Ratio Historical Data

* Premium members only.

The historical data trend for Westgold 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.

Westgold Resources PB Ratio Chart

Westgold Resources Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 1.41 0.98 1.10 1.69 1.42

Westgold Resources Semi-Annual Data
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 1.67 1.69 1.37 1.42 2.81

WGXRF vs NEM, AU: PB Ratio Comparison

For the Gold subindustry, Westgold 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.


Westgold Resources PB Ratio vs Metals & Mining Industry

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

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


WGXRF
77GF Score
Westgold Resources Ltd WGXRF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Westgold 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=3.34/1.497
=2.23

* 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 2.23 mean?
Westgold Resources (WGXRF) has a PB Ratio of 2.23 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 Westgold Resources and its competitors. This is 33% above median its historical median of 1.68. Over the past decade, Westgold Resources' PB Ratio has ranged from 0.58 to 3.71. According to the industry distribution chart, Westgold Resources ranks #1117 out of 2357 companies in the Metals & Mining industry, placing it in the top 47.4%.
Is Westgold Resources' PB Ratio too high?
Westgold Resources' current PB Ratio of 2.23 is 33% above median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 3.71. The Metals & Mining industry median PB Ratio is 2.22. Westgold Resources' value of 2.23 is 0.5% above this industry median. Based on the distribution chart, Westgold Resources ranks #1117 out of 2357 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Westgold Resources has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Westgold Resources' PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Westgold Resources ranks #1117 out of 2357 companies for PB Ratio. This puts Westgold Resources in the upper half of its industry. The industry median PB Ratio is 2.22. Westgold Resources' value of 2.23 is 0.5% above this benchmark. Historically, Westgold Resources' own PB Ratio has ranged from 0.58 to 3.71 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 2.22, Westgold 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 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. Westgold Resources's current PB Ratio of 2.23 is 0.5% 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 Westgold Resources 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. Westgold Resources's current PB Ratio is 2.23, which is 33% above median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westgold Resources stock overvalued right now?
Based on GuruFocus' analysis, Westgold Resources (WGXRF) is currently considered Fairly Valued. The stock's GF Value™ is $3.21, compared to a current price of $3.34 — trading 4% above its estimated fair value. The current PB Ratio is 2.23, which is 33% above median its 10-year median of 1.68 and 0.5% above the Metals & Mining industry median of 2.22. Westgold Resources' overall GF Score™ is 77/100 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 Westgold Resources (WGXRF), the current PB Ratio is 2.23 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.

Is Westgold Resources (WGXRF) Overvalued in 2026?

Based on GuruFocus' analysis, Westgold Resources stock appears to be overvalued. The current stock price of $3.34 is trading 4% above its estimated GF Value™ of $3.21. GuruFocus considers Westgold Resources to be Fairly Valued.

Key valuation signals for WGXRF:

  • PB Ratio: 2.23 (33% above median its 10-year median of 1.68)
  • GF Value™: $3.21 vs. price of $3.34 (4% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 0.5% above the Metals & Mining median (#1117 of 2357)

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


Westgold Resources Business Description

Address 200 St Georges Terrace, Level 6, Perth, WA, AUS, 6000
Westgold Resources Ltd is a gold producer with a large and strategic landholding across two of Western Australia's prolific gold regions, the Murchison and the Southern Goldfields. The group has acquired several square kilometers of land holdings and operates multiple underground mines and four processing hubs across these regions. Its reportable segments are: Murchison and Southern Goldfields. The majority of the group's revenue is generated from the Murchison segment, which incorporates the operations of its three processing hubs at Cue, Meekatharra, and Fortnum. The group generates maximum revenue from the sale of gold at spot, and the rest from the sale of silver.
77GF Score

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

$3.34
Price
$3.21
GF Value