First Graphene (ASX:FGR) PB Ratio: 6.00 (As of Jun. 24, 2026) — 20% Below Median


What is First Graphene PB Ratio?

First Graphene ASX:FGR +5.26% PB Ratio is 6.00 as of Jun. 24, 2026, which is 20% below its 10-year median of 7.50. The stock has 4 warning signs investors should review. Among 1,583 Chemicals companies, First Graphene ranks worse than 86.92% 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), First Graphene's share price is A$0.06. First Graphene's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.01. Hence, First Graphene's PB Ratio of today is 6.00.

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

ASX:FGR' s PB Ratio Range Over the Past 10 Years
Min: 2.78   Med: 7.5   Max: 16.33
Current: 6

During the past 13 years, First Graphene's highest PB Ratio was 16.33. The lowest was 2.78. And the median was 7.50.

ASX:FGR's PB Ratio is ranked worse than
86.92% of 1583 companies
in the Chemicals industry
Industry Median: 1.82 vs ASX:FGR: 6.00

During the past 12 months, First Graphene's average Book Value Per Share Growth Rate was 100.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -24.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -22.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -6.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of First Graphene was 81.70% per year. The lowest was -92.50% per year. And the median was -5.90% per year.

Back to Basics: PB Ratio


First Graphene  (ASX:FGR) 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.


First Graphene PB Ratio Related Terms


First Graphene PB Ratio Historical Data

* Premium members only.

The historical data trend for First Graphene'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.

First Graphene PB Ratio Chart

First Graphene Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.06 8.21 6.27 5.67 4.00

First Graphene Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.92 5.67 5.40 4.00 6.90

ASX:FGR vs DOW: PB Ratio Comparison

For the Chemicals subindustry, First Graphene'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.


First Graphene PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, First Graphene's PB Ratio distribution charts can be found below:

* The bar in red indicates where First Graphene's PB Ratio falls into.



First Graphene 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.

First Graphene's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.06/0.01
=6.00

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 6.00 mean?
First Graphene (ASX:FGR) has a PB Ratio of 6.00 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 First Graphene and its competitors. This is 20% below median its historical median of 7.50. Over the past decade, First Graphene's PB Ratio has ranged from 2.78 to 16.33. According to the industry distribution chart, First Graphene ranks #1376 out of 1583 companies in the Chemicals industry, placing it in the top 86.9%.
Is First Graphene's PB Ratio too high?
First Graphene's current PB Ratio of 6.00 is 20% below median its 10-year median of 7.50. Over the past 10 years, this metric has ranged from a low of 2.78 to a high of 16.33. The Chemicals industry median PB Ratio is 1.82. First Graphene's value of 6.00 is 229.7% above this industry median. Based on the distribution chart, First Graphene ranks #1376 out of 1583 companies in the Chemicals industry, which is in the bottom quartile relative to peers.
How does First Graphene's PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, First Graphene ranks #1376 out of 1583 companies for PB Ratio. This places First Graphene in the lower half of its industry. The industry median PB Ratio is 1.82. First Graphene's value of 6.00 is 229.7% above this benchmark. Historically, First Graphene's own PB Ratio has ranged from 2.78 to 16.33 over the past decade. While the company's 10-year median is 7.50 vs. the industry median of 1.82, First Graphene 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.82, based on 1,583 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. First Graphene's current PB Ratio of 6.00 is 229.7% 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 First Graphene and its competitors. For the Chemicals industry, the median PB Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Graphene's current PB Ratio is 6.00, which is 20% below median its own 10-year median of 7.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Graphene stock overvalued right now?
Based on GuruFocus' analysis, First Graphene (ASX:FGR) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.04, compared to a current price of A$0.06 — trading 50% above its estimated fair value. The current PB Ratio is 6.00, which is 20% below median its 10-year median of 7.50 and 229.7% above the Chemicals industry median of 1.82. 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 First Graphene (ASX:FGR), the current PB Ratio is 6.00 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.

First Graphene Business Description

Other Exchanges FGPHF:USAM11:Germany
Address 1 Sepia Close, Henderson, WA, AUS, 6166
First Graphene Ltd is an advanced materials company. It is the producer of graphene which is exfoliated from high-grade, crystalline Sri Lankan graphite. The company's graphene products are used in Fire retardant coatings, Concrete strengthening, Battery electrode materials, Conductive inks and sensors, Rubber and composite strengthening and Moisture barrier in thermoset composites. Its operating segments includes Graphene production; Research and development; Corporate services and Mining Asset Maintenance. The company generates maximum revenue from the Graphene production segment.