ManagemCAS:MNG -9.19%65 PB Ratio is 13.23 as of Jun. 25, 2026, which is 313% above its 10-year median of 3.20. GuruFocus rates CAS:MNG with a GF Score™ of 65/100 and a GF Value™ of MAD5,221.52 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,358 Metals & Mining companies, Managem ranks worse than 92.28% 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 (2026-06-25), Managem's share price is MAD12800.00. Managem's Book Value per Share for the quarter that ended in Dec. 2025 was MAD967.41. Hence, Managem's PB Ratio of today is 13.23.
The historical rank and industry rank for Managem's PB Ratio or its related term are showing as below:
CAS:MNG'
s PB Ratio Range Over the Past 10 Years
Min: 0.89 Med: 3.2 Max: 17.16
Current: 13.23
During the past 13 years, Managem's highest PB Ratio was 17.16. The lowest was 0.89. And the median was 3.20.
CAS:MNG's PB Ratio is ranked worse than 92.28% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.27
vs CAS:MNG: 13.23
During the past 12 months, Managem's average Book Value Per Share Growth Rate was 7.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 17.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Managem was 119.60% per year. The lowest was -6.60% per year. And the median was 11.60% 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.
Managem PB Ratio Related Terms
Managem PB Ratio Historical Data
* Premium members only.
The historical data trend for Managem'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 Other Industrial Metals & Mining subindustry, Managem'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.
Managem PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Managem's PB Ratio distribution charts can be found below:
* The bar in red indicates where Managem'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.
Managem'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.
Managem (CAS:MNG) has a PB Ratio of 13.23 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Managem and its competitors. This is 313% above median its historical median of 3.20. Over the past decade, Managem's PB Ratio has ranged from 0.89 to 17.16. According to the industry distribution chart, Managem ranks #2176 out of 2358 companies in the Metals & Mining industry, placing it in the top 92.3%.
Is Managem's PB Ratio too high?
Managem's current PB Ratio of 13.23 is 313% above median its 10-year median of 3.20. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 17.16. The Metals & Mining industry median PB Ratio is 2.27. Managem's value of 13.23 is 482.8% above this industry median. Based on the distribution chart, Managem ranks #2176 out of 2358 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Managem has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Managem's PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Managem ranks #2176 out of 2358 companies for PB Ratio. This places Managem in the lower half of its industry. The industry median PB Ratio is 2.27. Managem's value of 13.23 is 482.8% above this benchmark. Historically, Managem's own PB Ratio has ranged from 0.89 to 17.16 over the past decade. While the company's 10-year median is 3.20 vs. the industry median of 2.27, Managem 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 2.27, 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. Managem's current PB Ratio of 13.23 is 482.8% 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 Managem and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Managem's current PB Ratio is 13.23, which is 313% above median its own 10-year median of 3.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Managem stock overvalued right now?
Based on GuruFocus' analysis, Managem (CAS:MNG) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD5,221.52, compared to a current price of MAD12,800.00 — trading 145.1% above its estimated fair value. The current PB Ratio is 13.23, which is 313% above median its 10-year median of 3.20 and 482.8% above the Metals & Mining industry median of 2.27. Managem's overall GF Score™ is 65/100 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 Managem (CAS:MNG), the current PB Ratio is 13.23 as of Jun. 25, 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 Managem (CAS:MNG) Overvalued in 2026?
Based on GuruFocus' analysis, Managem stock appears to be overvalued.
The current stock price of MAD12,800.00 is trading 145.1% above its estimated GF Value™ of MAD5,221.52.
GuruFocus considers Managem to be Significantly Overvalued.
Key valuation signals for CAS:MNG:
PB Ratio: 13.23 (313% above median its 10-year median of 3.20)
GF Value™: MAD5,221.52 vs. price of MAD12,800.00 (145.1% above fair value)
Industry Position: 482.8% above the Metals & Mining median (#2176 of 2358)
No single metric tells the full story. See the CAS:MNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Managem SA operates as an integrated mining group. The business operations include managing a portfolio of properties targeting precious metals such as gold and silver, and base metals which include copper, zinc, lead, cobalt and fluorite.
65GF Score
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