MLG OzASX:MLG -2.00%43 PB Ratio is 0.74 as of Jun. 27, 2026, which is 3% below its 10-year median of 0.76. GuruFocus rates ASX:MLG with a GF Score™ of 43/100 and a GF Value™ of A$0.75 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,358 Metals & Mining companies, MLG Oz ranks better than 84.94% 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 (2026-06-27), MLG Oz's share price is A$0.735. MLG Oz's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.99. Hence, MLG Oz's PB Ratio of today is 0.74.
Good Sign:
MLG Oz Ltd stock PB Ratio (=0.77) is close to 1-year low of 0.71.
The historical rank and industry rank for MLG Oz's PB Ratio or its related term are showing as below:
ASX:MLG'
s PB Ratio Range Over the Past 10 Years
Min: 0.48 Med: 0.76 Max: 1.27
Current: 0.74
During the past 5 years, MLG Oz's highest PB Ratio was 1.27. The lowest was 0.48. And the median was 0.76.
ASX:MLG's PB Ratio is ranked better than 84.94% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.25
vs ASX:MLG: 0.74
During the past 12 months, MLG Oz's average Book Value Per Share Growth Rate was 7.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.10% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of MLG Oz was 7.10% per year. The lowest was 4.40% per year. And the median was 5.75% 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.
MLG Oz PB Ratio Related Terms
MLG Oz PB Ratio Historical Data
* Premium members only.
The historical data trend for MLG Oz'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 Other Industrial Metals & Mining subindustry, MLG Oz'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.
MLG Oz PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MLG Oz's PB Ratio distribution charts can be found below:
* The bar in red indicates where MLG Oz'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.
MLG Oz'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.
MLG Oz (ASX:MLG) has a PB Ratio of 0.74 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MLG Oz and its competitors. This is near median its historical median of 0.76. Over the past decade, MLG Oz's PB Ratio has ranged from 0.48 to 1.27. According to the industry distribution chart, MLG Oz ranks #355 out of 2358 companies in the Metals & Mining industry, placing it in the top 15.1%.
Is MLG Oz's PB Ratio too high?
MLG Oz's current PB Ratio of 0.74 is near median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.27. The Metals & Mining industry median PB Ratio is 2.25. MLG Oz's value of 0.74 is 67.1% below this industry median. Based on the distribution chart, MLG Oz ranks #355 out of 2358 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, MLG Oz has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MLG Oz's PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, MLG Oz ranks #355 out of 2358 companies for PB Ratio. This places MLG Oz in the top 15% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.25. MLG Oz's value of 0.74 is 67.1% below this benchmark. Historically, MLG Oz's own PB Ratio has ranged from 0.48 to 1.27 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 2.25, MLG Oz 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 2.25, 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. MLG Oz's current PB Ratio of 0.74 is 67.1% 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 MLG Oz and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MLG Oz's current PB Ratio is 0.74, which is near median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MLG Oz stock overvalued right now?
Based on GuruFocus' analysis, MLG Oz (ASX:MLG) is currently considered Fairly Valued. The stock's GF Value™ is A$0.75, compared to a current price of A$0.74 — trading 2% below its estimated fair value. The current PB Ratio is 0.74, which is near median its 10-year median of 0.76 and 67.1% below the Metals & Mining industry median of 2.25. MLG Oz's overall GF Score™ is 43/100 with 5 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 MLG Oz (ASX:MLG), the current PB Ratio is 0.74 as of Jun. 27, 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.
Is MLG Oz (ASX:MLG) Overvalued in 2026?
Based on GuruFocus' analysis, MLG Oz stock appears to be undervalued.
The current stock price of A$0.74 is trading 2% below its estimated GF Value™ of A$0.75.
GuruFocus considers MLG Oz to be Fairly Valued.
Key valuation signals for ASX:MLG:
PB Ratio: 0.74 (near median its 10-year median of 0.76)
GF Value™: A$0.75 vs. price of A$0.74 (2% below fair value)
Industry Position: 67.1% below the Metals & Mining median (#355 of 2358)
No single metric tells the full story. See the ASX:MLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MLG Oz Ltd is a Kalgoorlie-based integrated mining services and resource asset management company. It supports ore processing facilities across gold, iron ore, and base metals in Western Australia and the Northern Territory. The company offers comprehensive mine site and supply chain solutions throughout the project lifecycle under a single contractual framework, including civil and construction, crushing and screening, bulk haulage and site services, and supply of mining and construction materials. Its expertise covers gold, iron ore, nickel, and base metals sectors, with key activities in bulk haulage, civil mining, construction aggregates, and crushing and screening.
43GF Score
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