Elevate UraniumASX:EL8 -6.25%33 PB Ratio is 2.37 as of Jun. 26, 2026. GuruFocus rates ASX:EL8 with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 176 Other Energy Sources companies, Elevate Uranium ranks worse than 69.32% 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 (2026-06-26), Elevate Uranium's share price is A$0.225. Elevate Uranium's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.10. Hence, Elevate Uranium's PB Ratio of today is 2.37.
The historical rank and industry rank for Elevate Uranium's PB Ratio or its related term are showing as below:
ASX:EL8'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 2.74
Current: 2.36
During the past 13 years, Elevate Uranium's highest PB Ratio was 2.74. The lowest was 0.00. And the median was 0.00.
ASX:EL8's PB Ratio is ranked worse than 69.32% of 176
companies
in the Other Energy Sources industry
Industry Median: 1.305
vs ASX:EL8: 2.36
During the past 12 months, Elevate Uranium's average Book Value Per Share Growth Rate was 30.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Elevate Uranium was 112.30% per year. The lowest was -58.50% per year. And the median was -3.30% 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.
Elevate Uranium PB Ratio Related Terms
Elevate Uranium PB Ratio Historical Data
* Premium members only.
The historical data trend for Elevate Uranium'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 Uranium subindustry, Elevate Uranium'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.
Elevate Uranium PB Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Elevate Uranium's PB Ratio distribution charts can be found below:
* The bar in red indicates where Elevate Uranium'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.
Elevate Uranium'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.
Elevate Uranium (ASX:EL8) has a PB Ratio of 2.37 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 Elevate Uranium and its competitors. According to the industry distribution chart, Elevate Uranium ranks #122 out of 176 companies in the Other Energy Sources industry, placing it in the top 69.3%.
Is Elevate Uranium's PB Ratio too high?
Elevate Uranium's current PB Ratio is 2.37. The Other Energy Sources industry median PB Ratio is 1.31. Elevate Uranium's value of 2.37 is 81.6% above this industry median. Based on the distribution chart, Elevate Uranium ranks #122 out of 176 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, Elevate Uranium has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Elevate Uranium's PB Ratio compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Elevate Uranium ranks #122 out of 176 companies for PB Ratio. This places Elevate Uranium in the lower half of its industry. The industry median PB Ratio is 1.31. Elevate Uranium's value of 2.37 is 81.6% 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 an Other Energy Sources company?
The median PB Ratio among Other Energy Sources companies is 1.31, based on 176 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. Elevate Uranium's current PB Ratio of 2.37 is 81.6% 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 Elevate Uranium and its competitors. For the Other Energy Sources industry, the median PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elevate Uranium's current PB Ratio is 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elevate Uranium stock overvalued right now?
Elevate Uranium (ASX:EL8) has a current PB Ratio of 2.37. The current PB Ratio is 2.37 and 81.6% above the Other Energy Sources industry median of 1.31. Elevate Uranium's overall GF Score™ is 33/100 with 1 warning sign 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 Elevate Uranium (ASX:EL8), the current PB Ratio is 2.37 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.
Elevate Uranium Ltd is engaged in the exploration and evaluation of a uranium deposit and other minerals. The Group is organized into three main operating segments which involves the exploration and evaluation of uranium deposits in Namibia and Australia plus corporate activities.
33GF Score
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