Cantex Mine DevelopmentCTXDF 21 PB Ratio is 24.43 as of Jun. 25, 2026. GuruFocus rates CTXDF with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 2,359 Metals & Mining companies, Cantex Mine Development ranks worse than 96.61% on this metric.
The historical rank and industry rank for Cantex Mine Development's PB Ratio or its related term are showing as below:
CTXDF'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 28.89
Current: 17.1
During the past 13 years, Cantex Mine Development's highest PB Ratio was 28.89. The lowest was 0.00. And the median was 0.00.
CTXDF's PB Ratio is ranked worse than 96.61% of 2359
companies
in the Metals & Mining industry
Industry Median: 2.32
vs CTXDF: 17.10
During the past 12 months, Cantex Mine Development's average Book Value Per Share Growth Rate was -105.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cantex Mine Development was 150.20% per year. The lowest was -207.20% per year. And the median was 1.80% per year.
Back to Basics: PB Ratio
Cantex Mine Development (OTCPK:CTXDF) 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.
Cantex Mine Development PB Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Cantex Mine Development'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.
Cantex Mine Development PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Cantex Mine Development's PB Ratio distribution charts can be found below:
* The bar in red indicates where Cantex Mine Development'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.
Cantex Mine Development (CTXDF) has a PB Ratio of 24.43 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 Cantex Mine Development and its competitors. According to the industry distribution chart, Cantex Mine Development ranks #2279 out of 2359 companies in the Metals & Mining industry, placing it in the top 96.6%.
Is Cantex Mine Development's PB Ratio too high?
Cantex Mine Development's current PB Ratio is 24.43. The Metals & Mining industry median PB Ratio is 2.32. Cantex Mine Development's value of 24.43 is 953% above this industry median. Based on the distribution chart, Cantex Mine Development ranks #2279 out of 2359 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Cantex Mine Development has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Cantex Mine Development's PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Cantex Mine Development ranks #2279 out of 2359 companies for PB Ratio. This places Cantex Mine Development in the lower half of its industry. The industry median PB Ratio is 2.32. Cantex Mine Development's value of 24.43 is 953% 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 2.32, based on 2,359 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. Cantex Mine Development's current PB Ratio of 24.43 is 953% 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 Cantex Mine Development and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cantex Mine Development's current PB Ratio is 24.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cantex Mine Development stock overvalued right now?
Cantex Mine Development (CTXDF) has a current PB Ratio of 24.43. The current PB Ratio is 24.43 and 953% above the Metals & Mining industry median of 2.32. Cantex Mine Development's overall GF Score™ is 21/100 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 Cantex Mine Development (CTXDF), the current PB Ratio is 24.43 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.
Cantex Mine Development Corp is engaged in the acquisition and exploration of mineral properties. Its principal project is located northeast of Mayo in the Yukon Territory, where the Company holds three claim blocks staked over prospective areas identified through a regional heavy mineral survey. The Company also has gold exploration projects in Nevada and an advanced gold project in the Republic of Yemen, which is currently under force majeure. it operates in a single mineral exploration segment with geographical presence in Canada, the United States, and Yemen.
21GF Score
Get the complete analysis for CTXDF
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CTXDF has been successfully added to your 
