Nickel 28 CapitalCONXF -7.05%36 PB Ratio is 0.83 as of Jun. 25, 2026. GuruFocus rates CONXF with a GF Score™ of 36/100. Among 2,358 Metals & Mining companies, Nickel 28 Capital ranks better than 81.59% on this metric.
The historical rank and industry rank for Nickel 28 Capital's PB Ratio or its related term are showing as below:
CONXF'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.91
Current: 0.83
During the past 7 years, Nickel 28 Capital's highest PB Ratio was 0.91. The lowest was 0.00. And the median was 0.00.
CONXF's PB Ratio is ranked better than 81.59% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.27
vs CONXF: 0.83
During the past 12 months, Nickel 28 Capital's average Book Value Per Share Growth Rate was -4.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.90% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Nickel 28 Capital was 8.50% per year. The lowest was -1.30% per year. And the median was 5.10% per year.
Back to Basics: PB Ratio
Nickel 28 Capital (OTCPK:CONXF) 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.
Nickel 28 Capital PB Ratio Related Terms
Nickel 28 Capital PB Ratio Historical Data
* Premium members only.
The historical data trend for Nickel 28 Capital'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, Nickel 28 Capital'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.
Nickel 28 Capital PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nickel 28 Capital's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nickel 28 Capital'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.
Nickel 28 Capital (CONXF) has a PB Ratio of 0.83 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 Nickel 28 Capital and its competitors. According to the industry distribution chart, Nickel 28 Capital ranks #434 out of 2358 companies in the Metals & Mining industry, placing it in the top 18.4%.
Is Nickel 28 Capital's PB Ratio too high?
Nickel 28 Capital's current PB Ratio is 0.83. The Metals & Mining industry median PB Ratio is 2.27. Nickel 28 Capital's value of 0.83 is 63.4% below this industry median. Based on the distribution chart, Nickel 28 Capital ranks #434 out of 2358 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Nickel 28 Capital has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Nickel 28 Capital's PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Nickel 28 Capital ranks #434 out of 2358 companies for PB Ratio. This places Nickel 28 Capital in the top 18% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.27. Nickel 28 Capital's value of 0.83 is 63.4% below 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 2.27, 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. Nickel 28 Capital's current PB Ratio of 0.83 is 63.4% 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 Nickel 28 Capital 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. Nickel 28 Capital's current PB Ratio is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel 28 Capital stock overvalued right now?
Nickel 28 Capital (CONXF) has a current PB Ratio of 0.83. The current PB Ratio is 0.83 and 63.4% below the Metals & Mining industry median of 2.27. Nickel 28 Capital's overall GF Score™ is 36/100. 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 Nickel 28 Capital (CONXF), the current PB Ratio is 0.83 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.
Nickel 28 Capital Corp is a base metals company offering direct exposure to nickel and cobalt. The Company holds a joint-venture interest in the producing Ramu Nickel-Cobalt Operation in Papua New Guinea and manages a portfolio of nickel and cobalt royalties in projects in Canada, Australia, and Papua New Guinea, including royalties in the Dumont nickel project in Quebec and the Turnagain nickel project in British Columbia. The Company is engaged in the management and acquisition of joint venture and royalty interests in the nickel and cobalt sectors. Its primary focus is on opportunities that could provide shareholders with near-term cash flow and royalties on production and exploration-stage nickel and/or cobalt properties. The Company operates in Canada and Asia Pacific.
36GF Score
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