Sandfire ResourcesASX:SFR -1.30%86 PB Ratio is 3.18 as of Jun. 24, 2026, which is 88% above its 10-year median of 1.69. GuruFocus rates ASX:SFR with a GF Score™ of 86/100 and a GF Value™ of A$14.50 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,359 Metals & Mining companies, Sandfire Resources ranks worse than 62.44% on this metric.
Sandfire Resources Ltd stock PB Ratio (=3.35) is close to 10-year high of 3.47.
The historical rank and industry rank for Sandfire Resources's PB Ratio or its related term are showing as below:
ASX:SFR'
s PB Ratio Range Over the Past 10 Years
Min: 0.58 Med: 1.69 Max: 3.47
Current: 3.18
During the past 13 years, Sandfire Resources's highest PB Ratio was 3.47. The lowest was 0.58. And the median was 1.69.
ASX:SFR's PB Ratio is ranked worse than 62.44% of 2359
companies
in the Metals & Mining industry
Industry Median: 2.32
vs ASX:SFR: 3.18
During the past 12 months, Sandfire Resources's average Book Value Per Share Growth Rate was 2.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sandfire Resources was 190.30% per year. The lowest was -26.60% per year. And the median was 16.20% 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.
Sandfire Resources PB Ratio Related Terms
Sandfire Resources PB Ratio Historical Data
* Premium members only.
The historical data trend for Sandfire Resources'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 Copper subindustry, Sandfire Resources'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.
Sandfire Resources PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Sandfire Resources's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sandfire Resources'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.
Sandfire Resources (ASX:SFR) has a PB Ratio of 3.18 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 Sandfire Resources and its competitors. This is 88% above median its historical median of 1.69. Over the past decade, Sandfire Resources' PB Ratio has ranged from 0.58 to 3.47. According to the industry distribution chart, Sandfire Resources ranks #1473 out of 2359 companies in the Metals & Mining industry, placing it in the top 62.4%.
Is Sandfire Resources' PB Ratio too high?
Sandfire Resources' current PB Ratio of 3.18 is 88% above median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 3.47. The Metals & Mining industry median PB Ratio is 2.32. Sandfire Resources' value of 3.18 is 37.1% above this industry median. Based on the distribution chart, Sandfire Resources ranks #1473 out of 2359 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Sandfire Resources has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sandfire Resources' PB Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Sandfire Resources ranks #1473 out of 2359 companies for PB Ratio. This places Sandfire Resources in the lower half of its industry. The industry median PB Ratio is 2.32. Sandfire Resources' value of 3.18 is 37.1% above this benchmark. Historically, Sandfire Resources' own PB Ratio has ranged from 0.58 to 3.47 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 2.32, Sandfire Resources 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 Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.32, based on 2,359 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. Sandfire Resources's current PB Ratio of 3.18 is 37.1% 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 Sandfire Resources and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sandfire Resources's current PB Ratio is 3.18, which is 88% above median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandfire Resources stock overvalued right now?
Based on GuruFocus' analysis, Sandfire Resources (ASX:SFR) is currently considered Significantly Overvalued. The stock's GF Value™ is A$14.50, compared to a current price of A$19.67 — trading 35.7% above its estimated fair value. The current PB Ratio is 3.18, which is 88% above median its 10-year median of 1.69 and 37.1% above the Metals & Mining industry median of 2.32. Sandfire Resources' overall GF Score™ is 86/100 with 6 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 Sandfire Resources (ASX:SFR), the current PB Ratio is 3.18 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.
Is Sandfire Resources (ASX:SFR) Overvalued in 2026?
Based on GuruFocus' analysis, Sandfire Resources stock appears to be overvalued.
The current stock price of A$19.67 is trading 35.7% above its estimated GF Value™ of A$14.50.
GuruFocus considers Sandfire Resources to be Significantly Overvalued.
Key valuation signals for ASX:SFR:
PB Ratio: 3.18 (88% above median its 10-year median of 1.69)
GF Value™: A$14.50 vs. price of A$19.67 (35.7% above fair value)
Industry Position: 37.1% above the Metals & Mining median (#1473 of 2359)
No single metric tells the full story. See the ASX:SFR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sandfire Resources Ltd is a copper-focused mineral exploration and development company. The company's operating segments include DeGrussa Copper operations, MATSA Copper Operations, Black Butte Copper Project, Motheo Copper Operations, and Exploration and Other. It derives key revenue from the MATSA Copper Operations segment, which consists of the Minas de Aguas Tenidas (MATSA) polymetallic mining complex in Spain and exploration and evaluation activities in Spain and Portugal. The operations comprise three underground mines and a central processing facility. The mines generate revenue from the sale of copper, zinc, and lead concentrates containing a silver by-product. Geographically, the company generates maximum revenue from Spain, followed by China, Sweden, Malaysia, and other regions.
86GF Score
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