Australian Rare EarthsASX:AR3 -8.70%34 PB Ratio is 1.05 as of Jun. 26, 2026, which is 518% above its 10-year median of 0.17. GuruFocus rates ASX:AR3 with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 2,358 Metals & Mining companies, Australian Rare Earths ranks better than 73.75% on this metric.
Australian Rare Earths Ltd stock PB Ratio (=1.1) is close to 5-year high of 1.1.
The historical rank and industry rank for Australian Rare Earths's PB Ratio or its related term are showing as below:
ASX:AR3'
s PB Ratio Range Over the Past 10 Years
Min: 0.06 Med: 0.17 Max: 1.15
Current: 1.05
During the past 4 years, Australian Rare Earths's highest PB Ratio was 1.15. The lowest was 0.06. And the median was 0.17.
ASX:AR3's PB Ratio is ranked better than 73.75% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.25
vs ASX:AR3: 1.05
During the past 12 months, Australian Rare Earths's average Book Value Per Share Growth Rate was -19.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -48.90% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Australian Rare Earths was -48.90% per year. The lowest was -48.90% per year. And the median was -48.90% per year.
Back to Basics: PB Ratio
Australian Rare Earths (ASX:AR3) PB Ratio Explanation
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.
* 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.
Australian Rare Earths PB Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Australian Rare Earths'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.
Australian Rare Earths PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Australian Rare Earths's PB Ratio distribution charts can be found below:
* The bar in red indicates where Australian Rare Earths'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.
* 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.
Australian Rare Earths (ASX:AR3) has a PB Ratio of 1.05 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Australian Rare Earths and its competitors. This is 518% above median its historical median of 0.17. Over the past decade, Australian Rare Earths' PB Ratio has ranged from 0.06 to 1.15. According to the industry distribution chart, Australian Rare Earths ranks #619 out of 2358 companies in the Metals & Mining industry, placing it in the top 26.3%.
Is Australian Rare Earths' PB Ratio too high?
Australian Rare Earths' current PB Ratio of 1.05 is 518% above median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 1.15. The Metals & Mining industry median PB Ratio is 2.25. Australian Rare Earths' value of 1.05 is 53.3% below this industry median. Based on the distribution chart, Australian Rare Earths ranks #619 out of 2358 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Australian Rare Earths has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Australian Rare Earths' PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Australian Rare Earths ranks #619 out of 2358 companies for PB Ratio. This puts Australian Rare Earths in the upper half of its industry. The industry median PB Ratio is 2.25. Australian Rare Earths' value of 1.05 is 53.3% below this benchmark. Historically, Australian Rare Earths' own PB Ratio has ranged from 0.06 to 1.15 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 2.25, Australian Rare Earths has consistently been below 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 2.25, 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. Australian Rare Earths's current PB Ratio of 1.05 is 53.3% 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 Australian Rare Earths and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Rare Earths's current PB Ratio is 1.05, which is 518% above median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Rare Earths stock overvalued right now?
Australian Rare Earths (ASX:AR3) has a current PB Ratio of 1.05. The current PB Ratio is 1.05, which is 518% above median its 10-year median of 0.17 and 53.3% below the Metals & Mining industry median of 2.25. Australian Rare Earths' overall GF Score™ is 34/100 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 Australian Rare Earths (ASX:AR3), the current PB Ratio is 1.05 as of Jun. 26, 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.
Australian Rare Earths Ltd is engaged in rare earth exploration and development. Its Koppamurra Project is a frontier ionic clay, rare earth opportunity in South Australia and Victoria.
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