Western Gold ResourcesASX:WGR +4.76%37 PB Ratio is 11.00 as of Jun. 26, 2026. GuruFocus rates ASX:WGR with a GF Score™ of 37/100. The stock has 1 warning sign investors should review. Among 2,358 Metals & Mining companies, Western Gold Resources ranks worse than 89.82% on this metric.
The historical rank and industry rank for Western Gold Resources's PB Ratio or its related term are showing as below:
ASX:WGR'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 11
Current: 11
During the past 5 years, Western Gold Resources's highest PB Ratio was 11.00. The lowest was 0.00. And the median was 0.00.
ASX:WGR's PB Ratio is ranked worse than 89.82% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.25
vs ASX:WGR: 11.00
During the past 12 months, Western Gold Resources's average Book Value Per Share Growth Rate was -25.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -41.50% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Western Gold Resources was 100.00% per year. The lowest was -41.50% per year. And the median was 29.25% per year.
Back to Basics: PB Ratio
Western Gold Resources (ASX:WGR) 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.
For the Gold subindustry, Western Gold 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.
Western Gold Resources PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Western Gold Resources's PB Ratio distribution charts can be found below:
* The bar in red indicates where Western Gold 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.
Western Gold Resources (ASX:WGR) has a PB Ratio of 11.00 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 Western Gold Resources and its competitors. According to the industry distribution chart, Western Gold Resources ranks #2118 out of 2358 companies in the Metals & Mining industry, placing it in the top 89.8%.
Is Western Gold Resources' PB Ratio too high?
Western Gold Resources' current PB Ratio is 11.00. The Metals & Mining industry median PB Ratio is 2.25. Western Gold Resources' value of 11.00 is 388.9% above this industry median. Based on the distribution chart, Western Gold Resources ranks #2118 out of 2358 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Western Gold Resources has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Western Gold Resources' PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Western Gold Resources ranks #2118 out of 2358 companies for PB Ratio. This places Western Gold Resources in the lower half of its industry. The industry median PB Ratio is 2.25. Western Gold Resources' value of 11.00 is 388.9% above this benchmark. 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. Western Gold Resources's current PB Ratio of 11.00 is 388.9% 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 Western Gold 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. Western Gold Resources's current PB Ratio is 11.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Gold Resources stock overvalued right now?
Western Gold Resources (ASX:WGR) has a current PB Ratio of 11.00. The current PB Ratio is 11.00 and 388.9% above the Metals & Mining industry median of 2.25. Western Gold Resources' overall GF Score™ is 37/100 with 1 warning sign 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 Western Gold Resources (ASX:WGR), the current PB Ratio is 11.00 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.
Western Gold Resources Ltd focuses on the exploration of gold properties in Western Australia and West Africa. The company intends to explore the Wiluna West Gold Project located near the town of Wiluna in the Midwest region of Western Australia.
37GF Score
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