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Lithium Plus MineralsASX:LPM 31 PB Ratio is 0.71 as of Aug. 03, 2026. GuruFocus rates ASX:LPM with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 2,356 Metals & Mining companies, Lithium Plus Minerals ranks better than 85.87% on this metric.
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.
Lithium Plus Minerals PB Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Lithium Plus Minerals'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.
Lithium Plus Minerals PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lithium Plus Minerals's PB Ratio distribution charts can be found below:
* The bar in red indicates where Lithium Plus Minerals'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.
Lithium Plus Minerals (ASX:LPM) has a PB Ratio of 0.71 as of Aug. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Lithium Plus Minerals and its competitors. According to the industry distribution chart, Lithium Plus Minerals ranks #333 out of 2356 companies in the Metals & Mining industry, placing it in the top 14.1%.
Is Lithium Plus Minerals' PB Ratio too high?
Lithium Plus Minerals' current PB Ratio is 0.71. The Metals & Mining industry median PB Ratio is 2.14. Lithium Plus Minerals' value of 0.71 is 66.8% below this industry median. Based on the distribution chart, Lithium Plus Minerals ranks #333 out of 2356 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Lithium Plus Minerals has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Lithium Plus Minerals' PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Lithium Plus Minerals ranks #333 out of 2356 companies for PB Ratio. This places Lithium Plus Minerals in the top 14% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.14. Lithium Plus Minerals' value of 0.71 is 66.8% 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 2.14, 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. Lithium Plus Minerals's current PB Ratio of 0.71 is 66.8% 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 Lithium Plus Minerals and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lithium Plus Minerals's current PB Ratio is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lithium Plus Minerals stock overvalued right now?
Lithium Plus Minerals (ASX:LPM) has a current PB Ratio of 0.71. The current PB Ratio is 0.71 and 66.8% below the Metals & Mining industry median of 2.14. Lithium Plus Minerals' overall GF Score™ is 31/100 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 Lithium Plus Minerals (ASX:LPM), the current PB Ratio is 0.71 as of Aug. 03, 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.
Lithium Plus Minerals Ltd is engaged in acquiring and developing lithium projects. The company has twenty-one granted Tenements, three Tenements under application and one Mining lease application located in the Northern Territory, Australia, which cover a portfolio of two Projects across 1,877 sqkm in the Bynoe Project, the Bynoe and Wingate sub-Projects; and in the Arunta Project, the Barrow Creek, Spotted Wonder and Moonlight sub-Projects. It is organized into one operating segment, being exploration operations in Australia.
31GF Score
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