Vulcan Energy ResourcesASX:VUL -4.17%58 PB Ratio is 0.95 as of Jun. 26, 2026, which is 41% below its 10-year median of 1.60. GuruFocus rates ASX:VUL with a GF Score™ of 58/100 and a GF Value™ of A$3.48 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,358 Metals & Mining companies, Vulcan Energy Resources ranks better than 78.67% on this metric.
Vulcan Energy Resources Ltd stock PB Ratio (=0.95) is close to 2-year low of 0.95.
The historical rank and industry rank for Vulcan Energy Resources's PB Ratio or its related term are showing as below:
ASX:VUL'
s PB Ratio Range Over the Past 10 Years
Min: 0.8 Med: 1.6 Max: 3.65
Current: 0.95
During the past 7 years, Vulcan Energy Resources's highest PB Ratio was 3.65. The lowest was 0.80. And the median was 1.60.
ASX:VUL's PB Ratio is ranked better than 78.67% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.25
vs ASX:VUL: 0.95
During the past 12 months, Vulcan Energy Resources's average Book Value Per Share Growth Rate was 39.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 73.30% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Vulcan Energy Resources was 179.10% per year. The lowest was 13.30% per year. And the median was 100.05% per year.
Back to Basics: PB Ratio
Vulcan Energy Resources (ASX:VUL) PB Ratio Explanation
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.
* 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.
Vulcan Energy Resources PB Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Vulcan Energy 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.
Vulcan Energy Resources PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Vulcan Energy Resources's PB Ratio distribution charts can be found below:
* The bar in red indicates where Vulcan Energy 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.
Vulcan Energy Resources (ASX:VUL) has a PB Ratio of 0.95 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 Vulcan Energy Resources and its competitors. This is 41% below median its historical median of 1.60. Over the past decade, Vulcan Energy Resources' PB Ratio has ranged from 0.80 to 3.65. According to the industry distribution chart, Vulcan Energy Resources ranks #503 out of 2358 companies in the Metals & Mining industry, placing it in the top 21.3%.
Is Vulcan Energy Resources' PB Ratio too high?
Vulcan Energy Resources' current PB Ratio of 0.95 is 41% below median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 3.65. The Metals & Mining industry median PB Ratio is 2.25. Vulcan Energy Resources' value of 0.95 is 57.8% below this industry median. Based on the distribution chart, Vulcan Energy Resources ranks #503 out of 2358 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Vulcan Energy Resources has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vulcan Energy Resources' PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Vulcan Energy Resources ranks #503 out of 2358 companies for PB Ratio. This places Vulcan Energy Resources in the top 21% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.25. Vulcan Energy Resources' value of 0.95 is 57.8% below this benchmark. Historically, Vulcan Energy Resources' own PB Ratio has ranged from 0.80 to 3.65 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 2.25, Vulcan Energy Resources 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. Vulcan Energy Resources's current PB Ratio of 0.95 is 57.8% 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 Vulcan Energy Resources 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. Vulcan Energy Resources's current PB Ratio is 0.95, which is 41% below median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Energy Resources stock overvalued right now?
Based on GuruFocus' analysis, Vulcan Energy Resources (ASX:VUL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$3.48, compared to a current price of A$2.99 — trading 14.1% below its estimated fair value. The current PB Ratio is 0.95, which is 41% below median its 10-year median of 1.60 and 57.8% below the Metals & Mining industry median of 2.25. Vulcan Energy Resources' overall GF Score™ is 58/100 with 2 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 Vulcan Energy Resources (ASX:VUL), the current PB Ratio is 0.95 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.
Is Vulcan Energy Resources (ASX:VUL) Overvalued in 2026?
Based on GuruFocus' analysis, Vulcan Energy Resources stock appears to be undervalued.
The current stock price of A$2.99 is trading 14.1% below its estimated GF Value™ of A$3.48.
GuruFocus considers Vulcan Energy Resources to be Modestly Undervalued.
Key valuation signals for ASX:VUL:
PB Ratio: 0.95 (41% below median its 10-year median of 1.60)
GF Value™: A$3.48 vs. price of A$2.99 (14.1% below fair value)
Industry Position: 57.8% below the Metals & Mining median (#503 of 2358)
No single metric tells the full story. See the ASX:VUL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vulcan Energy Resources Ltd is engaged in geothermal energy and lithium exploration and production. The company's Lionheart Project is an integrated lithium and renewable energy project that produces battery-quality lithium from naturally heated subsurface brine in the Upper Rhine Valley, to deliver a local source of sustainable lithium for the European battery industry, with a co-product of renewable energy for local heating needs. It has developed an aluminate-based sorbent, VULSORB, to produce lithium from subsurface brine and harnesses geothermal energy from its operations in the Upper Rhine Valley. The company has three operating segments based on geographical location: Germany, which derives the maximum revenue, other European countries, and Australia.
58GF Score
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