NEO Battery MaterialsFRA:1BC -11.00%22 PB Ratio is 4.14 as of Jul. 05, 2026, which is 38% below its 10-year median of 6.65. GuruFocus rates FRA:1BC with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 2,354 Metals & Mining companies, NEO Battery Materials ranks worse than 70.69% on this metric.
NEO Battery Materials Ltd stock PB Ratio (=4.21) is close to 1-year low of 4.14.
The historical rank and industry rank for NEO Battery Materials's PB Ratio or its related term are showing as below:
FRA:1BC'
s PB Ratio Range Over the Past 10 Years
Min: 4.14 Med: 6.65 Max: 9.86
Current: 4.21
During the past 13 years, NEO Battery Materials's highest PB Ratio was 9.86. The lowest was 4.14. And the median was 6.65.
FRA:1BC's PB Ratio is ranked worse than 70.69% of 2354
companies
in the Metals & Mining industry
Industry Median: 2.28
vs FRA:1BC: 4.21
During the past 12 months, NEO Battery Materials's average Book Value Per Share Growth Rate was 775.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 54.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NEO Battery Materials was 166.80% per year. The lowest was -77.00% per year. And the median was -38.70% per year.
Back to Basics: PB Ratio
NEO Battery Materials (FRA:1BC) 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.
NEO Battery Materials PB Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, NEO Battery Materials'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.
NEO Battery Materials PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, NEO Battery Materials's PB Ratio distribution charts can be found below:
* The bar in red indicates where NEO Battery Materials'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.
NEO Battery Materials (FRA:1BC) has a PB Ratio of 4.14 as of Jul. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on NEO Battery Materials and its competitors. This is 38% below median its historical median of 6.65. Over the past decade, NEO Battery Materials' PB Ratio has ranged from 4.14 to 9.86. According to the industry distribution chart, NEO Battery Materials ranks #1664 out of 2354 companies in the Metals & Mining industry, placing it in the top 70.7%.
Is NEO Battery Materials' PB Ratio too high?
NEO Battery Materials' current PB Ratio of 4.14 is 38% below median its 10-year median of 6.65. Over the past 10 years, this metric has ranged from a low of 4.14 to a high of 9.86. The Metals & Mining industry median PB Ratio is 2.28. NEO Battery Materials' value of 4.14 is 81.6% above this industry median. Based on the distribution chart, NEO Battery Materials ranks #1664 out of 2354 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, NEO Battery Materials has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does NEO Battery Materials' PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, NEO Battery Materials ranks #1664 out of 2354 companies for PB Ratio. This places NEO Battery Materials in the lower half of its industry. The industry median PB Ratio is 2.28. NEO Battery Materials' value of 4.14 is 81.6% above this benchmark. Historically, NEO Battery Materials' own PB Ratio has ranged from 4.14 to 9.86 over the past decade. While the company's 10-year median is 6.65 vs. the industry median of 2.28, NEO Battery Materials 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 2.28, 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. NEO Battery Materials's current PB Ratio of 4.14 is 81.6% 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 NEO Battery Materials and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEO Battery Materials's current PB Ratio is 4.14, which is 38% below median its own 10-year median of 6.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEO Battery Materials stock overvalued right now?
NEO Battery Materials (FRA:1BC) has a current PB Ratio of 4.14. The current PB Ratio is 4.14, which is 38% below median its 10-year median of 6.65 and 81.6% above the Metals & Mining industry median of 2.28. NEO Battery Materials' overall GF Score™ is 22/100 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 NEO Battery Materials (FRA:1BC), the current PB Ratio is 4.14 as of Jul. 05, 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.
NEO Battery Materials Ltd focuses on developing silicon anode materials for lithium-ion batteries in electric vehicles, electronics, and energy storage systems. With a patent-protected, low-cost manufacturing process, the company enables longer-running and ultra-fasting charging batteries compared to existing technologies. NEO Battery's Silicon Anodes, NBMSiDE-P100, NBMSiDE-P200, NBMSiDE-P300, and NBMSiDE-P300N, are manufactured mainly via its proprietary one-step manufacturing process and are based on a low-cost input precursor called Metal Silicon (MG-Si).
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