Asante GoldASGOF +5.81%33 PB Ratio is 3.48 as of Jun. 25, 2026, which is 82% below its 10-year median of 18.82. GuruFocus rates ASGOF with a GF Score™ of 33/100 and a GF Value™ of $1.02 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,358 Metals & Mining companies, Asante Gold ranks worse than 65.99% 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 (2026-06-25), Asante Gold's share price is $0.4866. Asante Gold's Book Value per Share for the quarter that ended in Mar. 2026 was $0.14. Hence, Asante Gold's PB Ratio of today is 3.48.
Good Sign:
Asante Gold Corp stock PB Ratio (=4.43) is close to 3-year low of 4.17.
The historical rank and industry rank for Asante Gold's PB Ratio or its related term are showing as below:
ASGOF'
s PB Ratio Range Over the Past 10 Years
Min: 1.95 Med: 18.82 Max: 56.09
Current: 3.74
During the past 13 years, Asante Gold's highest PB Ratio was 56.09. The lowest was 1.95. And the median was 18.82.
ASGOF's PB Ratio is ranked worse than 65.99% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.27
vs ASGOF: 3.74
During the past 12 months, Asante Gold's average Book Value Per Share Growth Rate was 276.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 18.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 35.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Asante Gold was 99.80% per year. The lowest was -22.00% per year. And the median was -3.35% 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.
Asante Gold PB Ratio Related Terms
Asante Gold PB Ratio Historical Data
* Premium members only.
The historical data trend for Asante 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.
For the Gold subindustry, Asante 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.
Asante Gold PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Asante Gold's PB Ratio distribution charts can be found below:
* The bar in red indicates where Asante Gold'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.
Asante Gold'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.
Asante Gold (ASGOF) has a PB Ratio of 3.48 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Asante Gold and its competitors. This is 82% below median its historical median of 18.82. Over the past decade, Asante Gold's PB Ratio has ranged from 1.95 to 56.09. According to the industry distribution chart, Asante Gold ranks #1556 out of 2358 companies in the Metals & Mining industry, placing it in the top 66%.
Is Asante Gold's PB Ratio too high?
Asante Gold's current PB Ratio of 3.48 is 82% below median its 10-year median of 18.82. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 56.09. The Metals & Mining industry median PB Ratio is 2.27. Asante Gold's value of 3.48 is 53.3% above this industry median. Based on the distribution chart, Asante Gold ranks #1556 out of 2358 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Asante Gold has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asante Gold's PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Asante Gold ranks #1556 out of 2358 companies for PB Ratio. This places Asante Gold in the lower half of its industry. The industry median PB Ratio is 2.27. Asante Gold's value of 3.48 is 53.3% above this benchmark. Historically, Asante Gold's own PB Ratio has ranged from 1.95 to 56.09 over the past decade. While the company's 10-year median is 18.82 vs. the industry median of 2.27, Asante Gold 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 2.27, 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. Asante Gold's current PB Ratio of 3.48 is 53.3% 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 Asante Gold and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asante Gold's current PB Ratio is 3.48, which is 82% below median its own 10-year median of 18.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asante Gold stock overvalued right now?
Based on GuruFocus' analysis, Asante Gold (ASGOF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.02, compared to a current price of $0.49 — trading 52.3% below its estimated fair value. The current PB Ratio is 3.48, which is 82% below median its 10-year median of 18.82 and 53.3% above the Metals & Mining industry median of 2.27. Asante Gold's overall GF Score™ is 33/100 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 Asante Gold (ASGOF), the current PB Ratio is 3.48 as of Jun. 25, 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 Asante Gold (ASGOF) Overvalued in 2026?
Based on GuruFocus' analysis, Asante Gold stock appears to be undervalued.
The current stock price of $0.49 is trading 52.3% below its estimated GF Value™ of $1.02.
GuruFocus considers Asante Gold to be Possible Value Trap.
Key valuation signals for ASGOF:
PB Ratio: 3.48 (82% below median its 10-year median of 18.82)
GF Value™: $1.02 vs. price of $0.49 (52.3% below fair value)
Industry Position: 53.3% above the Metals & Mining median (#1556 of 2358)
No single metric tells the full story. See the ASGOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asante Gold Corp business activity is the operation of its two gold mines, the Bibiani Gold Mine and the Chirano Gold Mine, in the Republic of Ghana through a holding of interest in its subsidiaries. The Company is conducting exploration activities on properties assessed to be of merit for locating additional mineral resources, and has acquired or has options to acquire mining concession rights to additional properties in Ghana, where it is actively engaged in exploration and evaluation activities. The Company reports the results of two operating segments, the Bibiani Gold Mine and the Chirano Gold Mine, which generate maximum revenue.
33GF Score
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