Sky Metals (ASX:SKY) PB Ratio: 7.74 (As of Jul. 09, 2026) — 113% Above Median


ASX:SKY Sky Metals Ltd ASX:SKY
29 GF Score
Price A$0.24
! 3 Warning Signs
View Full Analysis

What is Sky Metals PB Ratio?

Sky Metals ASX:SKY +2.13% 29 PB Ratio is 7.74 as of Jul. 09, 2026, which is 113% above its 10-year median of 3.64. GuruFocus rates ASX:SKY with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 2,353 Metals & Mining companies, Sky Metals ranks worse than 85.17% 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 (2026-07-09), Sky Metals's share price is A$0.24. Sky Metals's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.03. Hence, Sky Metals's PB Ratio of today is 7.74.

Warning Sign:

Sky Metals Ltd stock PB Ratio (=7.58) is close to 10-year high of 7.58.

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

ASX:SKY' s PB Ratio Range Over the Past 10 Years
Min: 2.73   Med: 3.64   Max: 7.74
Current: 7.74

During the past 13 years, Sky Metals's highest PB Ratio was 7.74. The lowest was 2.73. And the median was 3.64.

ASX:SKY's PB Ratio is ranked worse than
85.17% of 2353 companies
in the Metals & Mining industry
Industry Median: 2.21 vs ASX:SKY: 7.74

During the past 3 years, the average Book Value Per Share Growth Rate was -18.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sky Metals was 4.60% per year. The lowest was -61.00% per year. And the median was -18.80% per year.

Back to Basics: PB Ratio


Sky Metals  (ASX:SKY) 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.


Sky Metals PB Ratio Related Terms


Sky Metals PB Ratio Historical Data

* Premium members only.

The historical data trend for Sky Metals'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.

Sky Metals PB Ratio Chart

Sky Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun21 Jun22 Jun23 Jun24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 2.08 1.09 1.22 1.14

Sky Metals Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.20 1.14 1.74 1.93 2.58

ASX:SKY vs NEM, AU: PB Ratio Comparison

For the Gold subindustry, Sky Metals'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.


Sky Metals PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Sky Metals's PB Ratio falls into.


ASX:SKY
29GF Score
Sky Metals Ltd ASX:SKY
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sky Metals 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.

Sky Metals's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.24/0.031
=7.74

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 7.74 mean?
Sky Metals (ASX:SKY) has a PB Ratio of 7.74 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sky Metals and its competitors. This is 113% above median its historical median of 3.64. Over the past decade, Sky Metals' PB Ratio has ranged from 2.73 to 7.74. According to the industry distribution chart, Sky Metals ranks #2004 out of 2353 companies in the Metals & Mining industry, placing it in the top 85.2%.
Is Sky Metals' PB Ratio too high?
Sky Metals' current PB Ratio of 7.74 is 113% above median its 10-year median of 3.64. Over the past 10 years, this metric has ranged from a low of 2.73 to a high of 7.74. The Metals & Mining industry median PB Ratio is 2.21. Sky Metals' value of 7.74 is 250.2% above this industry median. Based on the distribution chart, Sky Metals ranks #2004 out of 2353 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Sky Metals has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Sky Metals' PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Sky Metals ranks #2004 out of 2353 companies for PB Ratio. This places Sky Metals in the lower half of its industry. The industry median PB Ratio is 2.21. Sky Metals' value of 7.74 is 250.2% above this benchmark. Historically, Sky Metals' own PB Ratio has ranged from 2.73 to 7.74 over the past decade. While the company's 10-year median is 3.64 vs. the industry median of 2.21, Sky Metals 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 2.21, based on 2,353 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. Sky Metals's current PB Ratio of 7.74 is 250.2% 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 Sky Metals and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sky Metals's current PB Ratio is 7.74, which is 113% above median its own 10-year median of 3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sky Metals stock overvalued right now?
Sky Metals (ASX:SKY) has a current PB Ratio of 7.74. The current PB Ratio is 7.74, which is 113% above median its 10-year median of 3.64 and 250.2% above the Metals & Mining industry median of 2.21. Sky Metals' overall GF Score™ is 29/100 with 3 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 Sky Metals (ASX:SKY), the current PB Ratio is 7.74 as of Jul. 09, 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.

Sky Metals Business Description

Address 2 Hawthorn Place, P.O. Box 8620, Orange, NSW, AUS, 2800
Sky Metals Ltd is identifying and evaluating mineral exploration for tin, copper, and gold in New South Wales. The company's projects include the Tallebung Tin Project in central-western NSW. Tallebung is an open-pit, technology-enabled, near-term development project. Its other projects include the Caledonian Project, Iron Duke Copper-Gold Project, Doradilla Project, Narriah Project, Kangiara Project, and Cullarin Project.
29GF Score

Get the complete analysis for ASX:SKY

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.24
Price