European Metals HoldingsASX:EMH 15 PB Ratio is 1.83 as of Jun. 30, 2026, which is 40% below its 10-year median of 3.07. GuruFocus rates ASX:EMH with a GF Score™ of 15/100. The stock has 3 warning signs investors should review. Among 2,356 Metals & Mining companies, European Metals Holdings ranks better than 53.69% on this metric.
European Metals Holdings Ltd stock PB Ratio (=2.04) is close to 2-year high of 2.09.
The historical rank and industry rank for European Metals Holdings's PB Ratio or its related term are showing as below:
ASX:EMH'
s PB Ratio Range Over the Past 10 Years
Min: 0.57 Med: 3.07 Max: 15.86
Current: 2.04
During the past 13 years, European Metals Holdings's highest PB Ratio was 15.86. The lowest was 0.57. And the median was 3.07.
ASX:EMH's PB Ratio is ranked better than 53.69% of 2356
companies
in the Metals & Mining industry
Industry Median: 2.265
vs ASX:EMH: 2.04
During the past 12 months, European Metals Holdings's average Book Value Per Share Growth Rate was -14.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of European Metals Holdings was 50.00% per year. The lowest was -6.00% per year. And the median was 12.15% per year.
Back to Basics: PB Ratio
European Metals Holdings (ASX:EMH) 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.
European Metals Holdings PB Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, European Metals Holdings'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.
European Metals Holdings PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, European Metals Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where European Metals Holdings'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.
European Metals Holdings (ASX:EMH) has a PB Ratio of 1.83 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on European Metals Holdings and its competitors. This is 40% below median its historical median of 3.07. Over the past decade, European Metals Holdings' PB Ratio has ranged from 0.57 to 15.86. According to the industry distribution chart, European Metals Holdings ranks #1091 out of 2356 companies in the Metals & Mining industry, placing it in the top 46.3%.
Is European Metals Holdings' PB Ratio too high?
European Metals Holdings' current PB Ratio of 1.83 is 40% below median its 10-year median of 3.07. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 15.86. The Metals & Mining industry median PB Ratio is 2.27. European Metals Holdings' value of 1.83 is 19.2% below this industry median. Based on the distribution chart, European Metals Holdings ranks #1091 out of 2356 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, European Metals Holdings has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does European Metals Holdings' PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, European Metals Holdings ranks #1091 out of 2356 companies for PB Ratio. This puts European Metals Holdings in the upper half of its industry. The industry median PB Ratio is 2.27. European Metals Holdings' value of 1.83 is 19.2% below this benchmark. Historically, European Metals Holdings' own PB Ratio has ranged from 0.57 to 15.86 over the past decade. While the company's 10-year median is 3.07 vs. the industry median of 2.27, European Metals Holdings 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 2.27, based on 2,356 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. European Metals Holdings's current PB Ratio of 1.83 is 19.2% 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 European Metals Holdings 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. European Metals Holdings's current PB Ratio is 1.83, which is 40% below median its own 10-year median of 3.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is European Metals Holdings stock overvalued right now?
European Metals Holdings (ASX:EMH) has a current PB Ratio of 1.83. The current PB Ratio is 1.83, which is 40% below median its 10-year median of 3.07 and 19.2% below the Metals & Mining industry median of 2.27. European Metals Holdings' overall GF Score™ is 15/100 with 3 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 European Metals Holdings (ASX:EMH), the current PB Ratio is 1.83 as of Jun. 30, 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.
European Metals Holdings Ltd is a UK-based company, engaged in the exploration and development of mineral resources to create a sustainable European lithium supply chain with low carbon footprint. The company holds an interest in the Cinovec lithium project in the Czech Republic.
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