Theta Gold MinesFRA:3LM 33 PB Ratio is 7.50 as of Jun. 27, 2026. GuruFocus rates FRA:3LM with a GF Score™ of 33/100. The stock has 2 warning signs investors should review. Among 2,358 Metals & Mining companies, Theta Gold Mines ranks worse than 85.03% 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 (2026-06-27), Theta Gold Mines's share price is €0.12. Theta Gold Mines's Book Value per Share for the quarter that ended in Dec. 2025 was €0.02. Hence, Theta Gold Mines's PB Ratio of today is 7.50.
The historical rank and industry rank for Theta Gold Mines's PB Ratio or its related term are showing as below:
FRA:3LM'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 7.68
Current: 7.68
During the past 13 years, Theta Gold Mines's highest PB Ratio was 7.68. The lowest was 0.00. And the median was 0.00.
FRA:3LM's PB Ratio is ranked worse than 85.03% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.25
vs FRA:3LM: 7.68
During the past 12 months, Theta Gold Mines's average Book Value Per Share Growth Rate was 211.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -9.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Theta Gold Mines was 33.90% per year. The lowest was -59.90% per year. And the median was -27.55% per year.
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.
Theta Gold Mines PB Ratio Related Terms
Theta Gold Mines PB Ratio Historical Data
* Premium members only.
The historical data trend for Theta Gold Mines'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 Gold subindustry, Theta Gold Mines'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.
Theta Gold Mines PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Theta Gold Mines's PB Ratio distribution charts can be found below:
* The bar in red indicates where Theta Gold Mines'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.
Theta Gold Mines (FRA:3LM) has a PB Ratio of 7.50 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Theta Gold Mines and its competitors. According to the industry distribution chart, Theta Gold Mines ranks #2005 out of 2358 companies in the Metals & Mining industry, placing it in the top 85%.
Is Theta Gold Mines' PB Ratio too high?
Theta Gold Mines' current PB Ratio is 7.50. The Metals & Mining industry median PB Ratio is 2.25. Theta Gold Mines' value of 7.50 is 233.3% above this industry median. Based on the distribution chart, Theta Gold Mines ranks #2005 out of 2358 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Theta Gold Mines has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Theta Gold Mines' PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Theta Gold Mines ranks #2005 out of 2358 companies for PB Ratio. This places Theta Gold Mines in the lower half of its industry. The industry median PB Ratio is 2.25. Theta Gold Mines' value of 7.50 is 233.3% 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 2.25, 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. Theta Gold Mines's current PB Ratio of 7.50 is 233.3% 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 Theta Gold Mines and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Theta Gold Mines's current PB Ratio is 7.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Theta Gold Mines stock overvalued right now?
Theta Gold Mines (FRA:3LM) has a current PB Ratio of 7.50. The current PB Ratio is 7.50 and 233.3% above the Metals & Mining industry median of 2.25. Theta Gold Mines' overall GF Score™ is 33/100 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 Theta Gold Mines (FRA:3LM), the current PB Ratio is 7.50 as of Jun. 27, 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.
Theta Gold Mines Ltd is a gold exploration and development company. The company holds gold assets in the South African gold mining region. The projects of the company include the TGME Project near the historic gold mining town of Pilgrims Rest in Mpumalanga Province, and other projects.
33GF Score
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