Gold FieldsGFIOF 91 PB Ratio is 3.80 as of Jun. 25, 2026, which is 63% above its 10-year median of 2.33. GuruFocus rates GFIOF with a GF Score™ of 91/100 and a GF Value™ of $40.90 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,358 Metals & Mining companies, Gold Fields ranks worse than 64.25% 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 (2026-06-25), Gold Fields's share price is $35.80. Gold Fields's Book Value per Share for the quarter that ended in Dec. 2025 was $9.43. Hence, Gold Fields's PB Ratio of today is 3.80.
Good Sign:
Gold Fields Ltd stock PB Ratio (=3.32) is close to 1-year low of 3.32.
The historical rank and industry rank for Gold Fields's PB Ratio or its related term are showing as below:
GFIOF'
s PB Ratio Range Over the Past 10 Years
Min: 0.65 Med: 2.33 Max: 7.29
Current: 3.32
During the past 13 years, Gold Fields's highest PB Ratio was 7.29. The lowest was 0.65. And the median was 2.33.
GFIOF's PB Ratio is ranked worse than 64.25% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.27
vs GFIOF: 3.32
During the past 12 months, Gold Fields's average Book Value Per Share Growth Rate was 49.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 24.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 18.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Gold Fields was 33.80% per year. The lowest was -12.80% per year. And the median was 4.00% 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.
Gold Fields PB Ratio Related Terms
Gold Fields PB Ratio Historical Data
* Premium members only.
The historical data trend for Gold Fields'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, Gold Fields'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.
Gold Fields PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Gold Fields's PB Ratio distribution charts can be found below:
* The bar in red indicates where Gold Fields'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.
Gold Fields's PB Ratio for today is calculated as follows:
* 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.
Gold Fields (GFIOF) has a PB Ratio of 3.80 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 Gold Fields and its competitors. This is 63% above median its historical median of 2.33. Over the past decade, Gold Fields' PB Ratio has ranged from 0.65 to 7.29. According to the industry distribution chart, Gold Fields ranks #1515 out of 2358 companies in the Metals & Mining industry, placing it in the top 64.2%.
Is Gold Fields' PB Ratio too high?
Gold Fields' current PB Ratio of 3.80 is 63% above median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 7.29. The Metals & Mining industry median PB Ratio is 2.27. Gold Fields' value of 3.80 is 67.4% above this industry median. Based on the distribution chart, Gold Fields ranks #1515 out of 2358 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Gold Fields has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gold Fields' PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Gold Fields ranks #1515 out of 2358 companies for PB Ratio. This places Gold Fields in the lower half of its industry. The industry median PB Ratio is 2.27. Gold Fields' value of 3.80 is 67.4% above this benchmark. Historically, Gold Fields' own PB Ratio has ranged from 0.65 to 7.29 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 2.27, Gold Fields 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 2.27, 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. Gold Fields's current PB Ratio of 3.80 is 67.4% 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 Gold Fields and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gold Fields's current PB Ratio is 3.80, which is 63% above median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Fields stock overvalued right now?
Based on GuruFocus' analysis, Gold Fields (GFIOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $40.90, compared to a current price of $35.80 — trading 12.5% below its estimated fair value. The current PB Ratio is 3.80, which is 63% above median its 10-year median of 2.33 and 67.4% above the Metals & Mining industry median of 2.27. Gold Fields' overall GF Score™ is 91/100 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 Gold Fields (GFIOF), the current PB Ratio is 3.80 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.
Is Gold Fields (GFIOF) Overvalued in 2026?
Based on GuruFocus' analysis, Gold Fields stock appears to be undervalued.
The current stock price of $35.80 is trading 12.5% below its estimated GF Value™ of $40.90.
GuruFocus considers Gold Fields to be Modestly Undervalued.
Key valuation signals for GFIOF:
PB Ratio: 3.80 (63% above median its 10-year median of 2.33)
GF Value™: $40.90 vs. price of $35.80 (12.5% below fair value)
Industry Position: 67.4% above the Metals & Mining median (#1515 of 2358)
No single metric tells the full story. See the GFIOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gold Fields Ltd is a producer of gold and is a holder of gold reserves and resources in South Africa, Ghana, Australia, and Peru. In Peru, the company also produces copper. The company is involved in underground and surface gold and surface copper mining and silver and related activities, including exploration, extraction, processing, and smelting. It conducts underground and surface mining operations at St. Ives, underground-only operations at Agnew, Granny Smith, and South Deep, and surface-only open pit mining at Damang, Tarkwa, and Cerro Corona. The company's revenues are derived from the sale of gold that it produces.
91GF Score
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