M3 Mining (ASX:M3M) PB Ratio: 2.50 (As of Jun. 25, 2026)


What is M3 Mining PB Ratio?

M3 Mining ASX:M3M PB Ratio is 2.50 as of Jun. 25, 2026. The stock has 2 warning signs investors should review. Among 2,358 Metals & Mining companies, M3 Mining ranks worse than 53.56% 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 (2026-06-25), M3 Mining's share price is A$0.025. M3 Mining's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.01. Hence, M3 Mining's PB Ratio of today is 2.50.

The historical rank and industry rank for M3 Mining's PB Ratio or its related term are showing as below:

ASX:M3M' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.6
Current: 2.5

During the past 4 years, M3 Mining's highest PB Ratio was 2.60. The lowest was 0.00. And the median was 0.00.

ASX:M3M's PB Ratio is ranked worse than
53.56% of 2358 companies
in the Metals & Mining industry
Industry Median: 2.27 vs ASX:M3M: 2.50

During the past 12 months, M3 Mining's average Book Value Per Share Growth Rate was -67.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -51.90% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of M3 Mining was -51.90% per year. The lowest was -51.90% per year. And the median was -51.90% per year.

Back to Basics: PB Ratio

M3 Mining  (ASX:M3M) 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.

M3 Mining PB Ratio Related Terms

M3 Mining PB Ratio Historical Data

* Premium members only.

The historical data trend for M3 Mining'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.

M3 Mining PB Ratio Chart

M3 Mining Annual Data
Trend Jun22 Jun23 Jun24 Jun25
PB Ratio
1.34 2.63 1.61 2.50

M3 Mining Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Jun25 Dec25
PB Ratio Get a 7-Day Free Trial 2.63 1.55 1.61 2.50 2.50

ASX:M3M vs HL: PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, M3 Mining'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.

M3 Mining PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, M3 Mining's PB Ratio distribution charts can be found below:

* The bar in red indicates where M3 Mining's PB Ratio falls into.


M3 Mining 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.

M3 Mining's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.025/0.01
=2.50

* 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:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

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 2.50 mean?
M3 Mining (ASX:M3M) has a PB Ratio of 2.50 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on M3 Mining and its competitors. According to the industry distribution chart, M3 Mining ranks #1263 out of 2358 companies in the Metals & Mining industry, placing it in the top 53.6%.
Is M3 Mining's PB Ratio too high?
M3 Mining's current PB Ratio is 2.50. The Metals & Mining industry median PB Ratio is 2.27. M3 Mining's value of 2.50 is 10.1% above this industry median. Based on the distribution chart, M3 Mining ranks #1263 out of 2358 companies in the Metals & Mining industry, which is below the industry midpoint.
How does M3 Mining's PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, M3 Mining ranks #1263 out of 2358 companies for PB Ratio. This places M3 Mining in the lower half of its industry. The industry median PB Ratio is 2.27. M3 Mining's value of 2.50 is 10.1% 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 a Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.27, 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. M3 Mining's current PB Ratio of 2.50 is 10.1% 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 M3 Mining 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. M3 Mining's current PB Ratio is 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M3 Mining stock overvalued right now?
M3 Mining (ASX:M3M) has a current PB Ratio of 2.50. The current PB Ratio is 2.50 and 10.1% above the Metals & Mining industry median of 2.27. 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 M3 Mining (ASX:M3M), the current PB Ratio is 2.50 as of Jun. 25, 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.

M3 Mining Business Description

Address 216 Street Georges Terrace, Level 8 London House, West Perth, Perth, WA, AUS, 6000
M3 Mining Ltd is a mining exploration company. It focuses on unlocking copper and gold deposit in West Australian mining jurisdiction. The company's project includes Victoria Bore Copper and Edjudina Gold. The Company has one reportable segment, being mineral exploration in Australia.