NeometalsASX:NMT -9.52% PB Ratio is 0.79 as of Jun. 26, 2026, which is 92% below its 10-year median of 9.58. The stock has 2 warning signs investors should review. Among 230 Waste Management companies, Neometals ranks better than 76.09% 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 (2026-06-26), Neometals's share price is A$0.019. Neometals's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.02. Hence, Neometals's PB Ratio of today is 0.79.
Good Sign:
Neometals Ltd stock PB Ratio (=1.13) is close to 10-year low of 1.08.
The historical rank and industry rank for Neometals's PB Ratio or its related term are showing as below:
ASX:NMT'
s PB Ratio Range Over the Past 10 Years
Min: 0.8 Med: 9.58 Max: 75.25
Current: 0.8
During the past 13 years, Neometals's highest PB Ratio was 75.25. The lowest was 0.80. And the median was 9.58.
ASX:NMT's PB Ratio is ranked better than 76.09% of 230
companies
in the Waste Management industry
Industry Median: 1.59
vs ASX:NMT: 0.80
During the past 12 months, Neometals's average Book Value Per Share Growth Rate was -48.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -52.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -36.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -2.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Neometals was 86.80% per year. The lowest was -52.30% per year. And the median was 4.20% 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.
Neometals PB Ratio Related Terms
Neometals PB Ratio Historical Data
* Premium members only.
The historical data trend for Neometals'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 Waste Management subindustry, Neometals'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.
Neometals PB Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Neometals's PB Ratio distribution charts can be found below:
* The bar in red indicates where Neometals'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.
Neometals'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.
Neometals (ASX:NMT) has a PB Ratio of 0.79 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Neometals and its competitors. This is 92% below median its historical median of 9.58. Over the past decade, Neometals' PB Ratio has ranged from 0.80 to 75.25. According to the industry distribution chart, Neometals ranks #55 out of 230 companies in the Waste Management industry, placing it in the top 23.9%.
Is Neometals' PB Ratio too high?
Neometals' current PB Ratio of 0.79 is 92% below median its 10-year median of 9.58. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 75.25. The Waste Management industry median PB Ratio is 1.59. Neometals' value of 0.79 is 50.3% below this industry median. Based on the distribution chart, Neometals ranks #55 out of 230 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers.
How does Neometals' PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Neometals ranks #55 out of 230 companies for PB Ratio. This places Neometals in the top 24% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.59. Neometals' value of 0.79 is 50.3% below this benchmark. Historically, Neometals' own PB Ratio has ranged from 0.80 to 75.25 over the past decade. While the company's 10-year median is 9.58 vs. the industry median of 1.59, Neometals 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 Waste Management company?
The median PB Ratio among Waste Management companies is 1.59, based on 230 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. Neometals's current PB Ratio of 0.79 is 50.3% 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 Neometals and its competitors. For the Waste Management industry, the median PB Ratio is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neometals's current PB Ratio is 0.79, which is 92% below median its own 10-year median of 9.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neometals stock overvalued right now?
Neometals (ASX:NMT) has a current PB Ratio of 0.79. The current PB Ratio is 0.79, which is 92% below median its 10-year median of 9.58 and 50.3% below the Waste Management industry median of 1.59. 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 Neometals (ASX:NMT), the current PB Ratio is 0.79 as of Jun. 26, 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.
Neometals Ltd focuses on developing and commercializing sustainable processing technologies to recycle and recover critical materials, such as lithium, vanadium, and precious metals, from waste streams and non-conventional feedstocks. The company aims to support sustainable supply chains in sectors like EV batteries by advancing low-impact mining operations and battery recycling projects. Its operations include partnerships and commercial activities across several regions, with projects targeting the recovery of key materials essential for cleaner energy and industrial applications. The company operates in three operating segments: lithium, titanium/vanadium, gold, and 'other segments', which comprises other minor exploration projects and mineral process technology businesses.
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