Arafura Rare EarthsHAM:REB -0.63%29 PB Ratio is 1.85 as of Jun. 24, 2026. GuruFocus rates HAM:REB with a GF Score™ of 29/100. The stock has 1 warning sign investors should review. Among 2,359 Metals & Mining companies, Arafura Rare Earths ranks better than 61.17% on this metric.
The historical rank and industry rank for Arafura Rare Earths's PB Ratio or its related term are showing as below:
HAM:REB'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1.71
Current: 1.71
During the past 13 years, Arafura Rare Earths's highest PB Ratio was 1.71. The lowest was 0.00. And the median was 0.00.
HAM:REB's PB Ratio is ranked better than 61.17% of 2359
companies
in the Metals & Mining industry
Industry Median: 2.32
vs HAM:REB: 1.71
During the past 12 months, Arafura Rare Earths's average Book Value Per Share Growth Rate was 148.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -10.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -11.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -12.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Arafura Rare Earths was 35.40% per year. The lowest was -16.50% per year. And the median was -6.90% per year.
Back to Basics: PB Ratio
Arafura Rare Earths (HAM:REB) 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.
Arafura Rare Earths PB Ratio Related Terms
Arafura Rare Earths PB Ratio Historical Data
* Premium members only.
The historical data trend for Arafura Rare Earths'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.
Arafura Rare Earths PB Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Arafura Rare Earths'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.
Arafura Rare Earths PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Arafura Rare Earths's PB Ratio distribution charts can be found below:
* The bar in red indicates where Arafura Rare Earths'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.
Arafura Rare Earths (HAM:REB) has a PB Ratio of 1.85 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Arafura Rare Earths and its competitors. According to the industry distribution chart, Arafura Rare Earths ranks #916 out of 2359 companies in the Metals & Mining industry, placing it in the top 38.8%.
Is Arafura Rare Earths' PB Ratio too high?
Arafura Rare Earths' current PB Ratio is 1.85. The Metals & Mining industry median PB Ratio is 2.32. Arafura Rare Earths' value of 1.85 is 20.3% below this industry median. Based on the distribution chart, Arafura Rare Earths ranks #916 out of 2359 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Arafura Rare Earths has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Arafura Rare Earths' PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Arafura Rare Earths ranks #916 out of 2359 companies for PB Ratio. This puts Arafura Rare Earths in the upper half of its industry. The industry median PB Ratio is 2.32. Arafura Rare Earths' value of 1.85 is 20.3% 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 2.32, based on 2,359 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. Arafura Rare Earths's current PB Ratio of 1.85 is 20.3% 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 Arafura Rare Earths and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arafura Rare Earths's current PB Ratio is 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arafura Rare Earths stock overvalued right now?
Arafura Rare Earths (HAM:REB) has a current PB Ratio of 1.85. The current PB Ratio is 1.85 and 20.3% below the Metals & Mining industry median of 2.32. Arafura Rare Earths' overall GF Score™ is 29/100 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 Arafura Rare Earths (HAM:REB), the current PB Ratio is 1.85 as of Jun. 24, 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.
Arafura Rare Earths Ltd is engaged in mineral exploration, definition, and development of Neodymium-Praseodymium oxide and Mixed middle-heavy rare earth oxide products, mining and associated infrastructure, social and environmental feasibility evaluations, and Nolans Project engineering studies. Its products are used in catalytic converters in automobiles, consumer electronics, energy-efficiency lighting, optics, super alloys, advanced ceramics, and high-strength magnets.
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