49 Metals (ASX:49M) PB Ratio: 0.81 (As of Jun. 24, 2026)


What is 49 Metals PB Ratio?

49 Metals ASX:49M -12.73% PB Ratio is 0.81 as of Jun. 24, 2026. Among 2,359 Metals & Mining companies, 49 Metals ranks better than 80.88% 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), 49 Metals's share price is A$0.096. 49 Metals's Book Value per Share for the quarter that ended in Jun. 2025 was A$0.12. Hence, 49 Metals's PB Ratio of today is 0.81.

The historical rank and industry rank for 49 Metals's PB Ratio or its related term are showing as below:

ASX:49M' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.97
Current: 0.81

During the past 3 years, 49 Metals's highest PB Ratio was 0.97. The lowest was 0.00. And the median was 0.00.

ASX:49M's PB Ratio is ranked better than
80.88% of 2359 companies
in the Metals & Mining industry
Industry Median: 2.32 vs ASX:49M: 0.81

Back to Basics: PB Ratio

49 Metals  (ASX:49M) 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.

49 Metals PB Ratio Related Terms

49 Metals PB Ratio Historical Data

* Premium members only.

The historical data trend for 49 Metals'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.

49 Metals PB Ratio Chart

49 Metals Annual Data
Trend Jun23 Jun24 Jun25
PB Ratio
0.00 0.00 0.00

49 Metals Semi-Annual Data
Jun23 Jun24 Jun25
PB Ratio 0.00 0.00 0.00

ASX:49M vs NEM, AU: PB Ratio Comparison

For the Gold subindustry, 49 Metals'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.

49 Metals PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, 49 Metals's PB Ratio distribution charts can be found below:

* The bar in red indicates where 49 Metals's PB Ratio falls into.


49 Metals 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.

49 Metals's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2025)
=0.096/0.118
=0.81

* 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:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

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 0.81 mean?
49 Metals (ASX:49M) has a PB Ratio of 0.81 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 49 Metals and its competitors. According to the industry distribution chart, 49 Metals ranks #451 out of 2359 companies in the Metals & Mining industry, placing it in the top 19.1%.
Is 49 Metals' PB Ratio too high?
49 Metals' current PB Ratio is 0.81. The Metals & Mining industry median PB Ratio is 2.32. 49 Metals' value of 0.81 is 65.1% below this industry median. Based on the distribution chart, 49 Metals ranks #451 out of 2359 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does 49 Metals' PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, 49 Metals ranks #451 out of 2359 companies for PB Ratio. This places 49 Metals in the top 19% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.32. 49 Metals' value of 0.81 is 65.1% below 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. 49 Metals's current PB Ratio of 0.81 is 65.1% below 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 49 Metals 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. 49 Metals's current PB Ratio is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 49 Metals stock overvalued right now?
49 Metals (ASX:49M) has a current PB Ratio of 0.81. The current PB Ratio is 0.81 and 65.1% below the Metals & Mining industry median of 2.32. 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 49 Metals (ASX:49M), the current PB Ratio is 0.81 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.

49 Metals Business Description

Address 245 Churchill Avenue, Suite 6, Subiaco, WA, AUS, 6008
49 Metals Ltd is engaged in acquiring, exploring and developing gold projects in North America with a focus on the western U.S. region. Its Projects include; the Gold Mountain Project, the Sinter Project, and the Buffalo Canyon Project.