EXNRF (Excellon Resources) PB Ratio: 2.61 (As of Jul. 31, 2026) — 24% Above Median

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EXNRF Excellon Resources Inc EXNRF
30 GF Score
Price $0.21
GF Value $0.03
Valuation Significantly Overvalued
View Full Analysis

What is Excellon Resources PB Ratio?

Excellon Resources EXNRF -1.74% 30 PB Ratio is 2.61 as of Jul. 31, 2026, which is 24% above its 10-year median of 2.10. GuruFocus rates EXNRF with a GF Score™ of 30/100 and a GF Value™ of $0.03 (Significantly Overvalued). Among 2,354 Metals & Mining companies, Excellon Resources ranks worse than 58.45% 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 (2026-07-31), Excellon Resources's share price is $0.20635. Excellon Resources's Book Value per Share for the quarter that ended in Dec. 2025 was $0.08. Hence, Excellon Resources's PB Ratio of today is 2.61.

The historical rank and industry rank for Excellon Resources's PB Ratio or its related term are showing as below:

EXNRF' s PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 2.1   Max: 6.49
Current: 2.58

During the past 13 years, Excellon Resources's highest PB Ratio was 6.49. The lowest was 0.84. And the median was 2.10.

EXNRF's PB Ratio is ranked worse than
58.45% of 2354 companies
in the Metals & Mining industry
Industry Median: 2.11 vs EXNRF: 2.58

During the past 12 months, Excellon Resources's average Book Value Per Share Growth Rate was -0.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Excellon Resources was 85.60% per year. The lowest was -197.00% per year. And the median was 0.75% per year.

Back to Basics: PB Ratio


Excellon Resources  (OTCPK:EXNRF) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Excellon Resources PB Ratio Related Terms


Excellon Resources PB Ratio Historical Data

* Premium members only.

The historical data trend for Excellon Resources'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.

Excellon Resources PB Ratio Chart

Excellon Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.82 4.94

Excellon Resources Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.82 1.30 2.37 2.87 4.94

EXNRF vs EXK: PB Ratio Comparison

For the Silver subindustry, Excellon 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.


Excellon Resources PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Excellon Resources's PB Ratio distribution charts can be found below:

* The bar in red indicates where Excellon Resources's PB Ratio falls into.


EXNRF
30GF Score
Excellon Resources Inc EXNRF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Excellon Resources PB Ratio Calculation

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.

Excellon Resources's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.20635/0.079
=2.61

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.61 mean?
Excellon Resources (EXNRF) has a PB Ratio of 2.61 as of Jul. 31, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Excellon Resources and its competitors. This is 24% above median its historical median of 2.10. Over the past decade, Excellon Resources' PB Ratio has ranged from 0.84 to 6.49. According to the industry distribution chart, Excellon Resources ranks #1376 out of 2354 companies in the Metals & Mining industry, placing it in the top 58.5%.
Is Excellon Resources' PB Ratio too high?
Excellon Resources' current PB Ratio of 2.61 is 24% above median its 10-year median of 2.10. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 6.49. The Metals & Mining industry median PB Ratio is 2.11. Excellon Resources' value of 2.61 is 23.7% above this industry median. Based on the distribution chart, Excellon Resources ranks #1376 out of 2354 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Excellon Resources has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Excellon Resources' PB Ratio compare to EXK?
According to the Metals & Mining industry distribution chart, Excellon Resources ranks #1376 out of 2354 companies for PB Ratio. This places Excellon Resources in the lower half of its industry. The industry median PB Ratio is 2.11. Excellon Resources' value of 2.61 is 23.7% above this benchmark. Historically, Excellon Resources' own PB Ratio has ranged from 0.84 to 6.49 over the past decade. While the company's 10-year median is 2.10 vs. the industry median of 2.11, Excellon Resources 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 2.11, based on 2,354 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. Excellon Resources's current PB Ratio of 2.61 is 23.7% 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 Excellon Resources and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Excellon Resources's current PB Ratio is 2.61, which is 24% above median its own 10-year median of 2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excellon Resources stock overvalued right now?
Based on GuruFocus' analysis, Excellon Resources (EXNRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.03, compared to a current price of $0.21 — trading 587.8% above its estimated fair value. The current PB Ratio is 2.61, which is 24% above median its 10-year median of 2.10 and 23.7% above the Metals & Mining industry median of 2.11. Excellon Resources' overall GF Score™ is 30/100. 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 Excellon Resources (EXNRF), the current PB Ratio is 2.61 as of Jul. 31, 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 Excellon Resources (EXNRF) Overvalued in 2026?

Based on GuruFocus' analysis, Excellon Resources stock appears to be overvalued. The current stock price of $0.21 is trading 587.8% above its estimated GF Value™ of $0.03. GuruFocus considers Excellon Resources to be Significantly Overvalued.

Key valuation signals for EXNRF:

  • PB Ratio: 2.61 (24% above median its 10-year median of 2.10)
  • GF Value™: $0.03 vs. price of $0.21 (587.8% above fair value)
  • GF Score™: 30/100
  • Industry Position: 23.7% above the Metals & Mining median (#1376 of 2354)

No single metric tells the full story. See the EXNRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Excellon Resources Business Description

Address 100 King Street West, 3400 First Canadian Place, Toronto, ON, CAN, M5X 1A4
Excellon Resources Inc is engaged in the acquisition, exploration and advancement of mineral properties. The Company also holds a portfolio of exploration-stage projects, including the Tres Cerros Gold/Silver Exploration Property in Peru, Kilgore gold exploration project in Idaho, and Silver City silver district in Saxony, Germany. The Company has one reportable segment, Peru segment, which is principally engaged in the exploration, evaluation and development of mineral properties.
30GF Score

Get the complete analysis for EXNRF

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.21
Price
$0.03
GF Value