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Foremost Clean EnergyFMST -2.98%34 PB Ratio is 1.03 as of Jul. 16, 2026. GuruFocus rates FMST with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 2,358 Metals & Mining companies, Foremost Clean Energy ranks better than 75.45% on this metric.
The historical rank and industry rank for Foremost Clean Energy's PB Ratio or its related term are showing as below:
FMST'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1.14
Current: 1.07
During the past 13 years, Foremost Clean Energy's highest PB Ratio was 1.14. The lowest was 0.00. And the median was 0.00.
FMST's PB Ratio is ranked better than 75.45% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.2
vs FMST: 1.07
During the past 12 months, Foremost Clean Energy's average Book Value Per Share Growth Rate was -7.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -5.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Foremost Clean Energy was 464.70% per year. The lowest was -78.60% per year. And the median was 8.00% per year.
Back to Basics: PB Ratio
Foremost Clean Energy (NAS:FMST) 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.
Foremost Clean Energy PB Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Foremost Clean Energy'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.
Foremost Clean Energy PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Foremost Clean Energy's PB Ratio distribution charts can be found below:
* The bar in red indicates where Foremost Clean Energy'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.
Foremost Clean Energy (FMST) has a PB Ratio of 1.03 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Foremost Clean Energy and its competitors. According to the industry distribution chart, Foremost Clean Energy ranks #579 out of 2358 companies in the Metals & Mining industry, placing it in the top 24.6%.
Is Foremost Clean Energy's PB Ratio too high?
Foremost Clean Energy's current PB Ratio is 1.03. The Metals & Mining industry median PB Ratio is 2.20. Foremost Clean Energy's value of 1.03 is 53.2% below this industry median. Based on the distribution chart, Foremost Clean Energy ranks #579 out of 2358 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Foremost Clean Energy has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Foremost Clean Energy's PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Foremost Clean Energy ranks #579 out of 2358 companies for PB Ratio. This places Foremost Clean Energy in the top 25% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.20. Foremost Clean Energy's value of 1.03 is 53.2% 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 2.20, 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. Foremost Clean Energy's current PB Ratio of 1.03 is 53.2% 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 Foremost Clean Energy and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Foremost Clean Energy's current PB Ratio is 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foremost Clean Energy stock overvalued right now?
Foremost Clean Energy (FMST) has a current PB Ratio of 1.03. The current PB Ratio is 1.03 and 53.2% below the Metals & Mining industry median of 2.20. Foremost Clean Energy's overall GF Score™ is 34/100 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 Foremost Clean Energy (FMST), the current PB Ratio is 1.03 as of Jul. 16, 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.
Foremost Clean Energy Ltd is an emerging North American uranium and lithium exploration company. Its uranium portfolio consists of projects at different stages of exploration from grassroots, to those with historical exploration and drill-ready targets. It also maintains a secondary portfolio of lithium projects at different stages of development spanning 50,000-plus acres across Manitoba and Quebec. Geographically it covers Canada and United states.
34GF Score
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