Ivanhoe ElectricIE -0.32%69 PB Ratio is 2.73 as of Jun. 26, 2026, which is 32% below its 10-year median of 3.99. GuruFocus rates IE with a GF Score™ of 69/100 and a GF Value™ of $7.74 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,358 Metals & Mining companies, Ivanhoe Electric ranks worse than 57.17% 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 (2026-06-26), Ivanhoe Electric's share price is $9.32. Ivanhoe Electric's Book Value per Share for the quarter that ended in Mar. 2026 was $3.42. Hence, Ivanhoe Electric's PB Ratio of today is 2.73.
Good Sign:
Ivanhoe Electric Inc stock PB Ratio (=2.73) is close to 1-year low of 2.73.
The historical rank and industry rank for Ivanhoe Electric's PB Ratio or its related term are showing as below:
IE'
s PB Ratio Range Over the Past 10 Years
Min: 2.05 Med: 3.99 Max: 9.44
Current: 2.73
During the past 7 years, Ivanhoe Electric's highest PB Ratio was 9.44. The lowest was 2.05. And the median was 3.99.
IE's PB Ratio is ranked worse than 57.17% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.25
vs IE: 2.73
During the past 12 months, Ivanhoe Electric's average Book Value Per Share Growth Rate was 47.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 59.20% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Ivanhoe Electric was 111.00% per year. The lowest was 8.80% per year. And the median was 90.20% 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.
Ivanhoe Electric PB Ratio Related Terms
Ivanhoe Electric PB Ratio Historical Data
* Premium members only.
The historical data trend for Ivanhoe Electric'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 Copper subindustry, Ivanhoe Electric'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.
Ivanhoe Electric PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ivanhoe Electric's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ivanhoe Electric'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.
Ivanhoe Electric (IE) has a PB Ratio of 2.73 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ivanhoe Electric and its competitors. This is 32% below median its historical median of 3.99. Over the past decade, Ivanhoe Electric's PB Ratio has ranged from 2.05 to 9.44. According to the industry distribution chart, Ivanhoe Electric ranks #1348 out of 2358 companies in the Metals & Mining industry, placing it in the top 57.2%.
Is Ivanhoe Electric's PB Ratio too high?
Ivanhoe Electric's current PB Ratio of 2.73 is 32% below median its 10-year median of 3.99. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 9.44. The Metals & Mining industry median PB Ratio is 2.25. Ivanhoe Electric's value of 2.73 is 21.3% above this industry median. Based on the distribution chart, Ivanhoe Electric ranks #1348 out of 2358 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Ivanhoe Electric has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ivanhoe Electric's PB Ratio compare to COPRD and SCCO?
According to the Metals & Mining industry distribution chart, Ivanhoe Electric ranks #1348 out of 2358 companies for PB Ratio. This places Ivanhoe Electric in the lower half of its industry. The industry median PB Ratio is 2.25. Ivanhoe Electric's value of 2.73 is 21.3% above this benchmark. Historically, Ivanhoe Electric's own PB Ratio has ranged from 2.05 to 9.44 over the past decade. While the company's 10-year median is 3.99 vs. the industry median of 2.25, Ivanhoe Electric 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 2.25, 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. Ivanhoe Electric's current PB Ratio of 2.73 is 21.3% 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 Ivanhoe Electric 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. Ivanhoe Electric's current PB Ratio is 2.73, which is 32% below median its own 10-year median of 3.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ivanhoe Electric stock overvalued right now?
Based on GuruFocus' analysis, Ivanhoe Electric (IE) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.74, compared to a current price of $9.32 — trading 20.4% above its estimated fair value. The current PB Ratio is 2.73, which is 32% below median its 10-year median of 3.99 and 21.3% above the Metals & Mining industry median of 2.25. Ivanhoe Electric's overall GF Score™ is 69/100 with 3 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 Ivanhoe Electric (IE), the current PB Ratio is 2.73 as of Jun. 26, 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 Ivanhoe Electric (IE) Overvalued in 2026?
Based on GuruFocus' analysis, Ivanhoe Electric stock appears to be overvalued.
The current stock price of $9.32 is trading 20.4% above its estimated GF Value™ of $7.74.
GuruFocus considers Ivanhoe Electric to be Modestly Overvalued.
Key valuation signals for IE:
PB Ratio: 2.73 (32% below median its 10-year median of 3.99)
GF Value™: $7.74 vs. price of $9.32 (20.4% above fair value)
Industry Position: 21.3% above the Metals & Mining median (#1348 of 2358)
No single metric tells the full story. See the IE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ivanhoe Electric Inc is a United States-based d minerals exploration company with a focus on developing mines from mineral deposits principally located in the United States. The company has four business segments; Santa Cruz Project; critical metals; data processing services; and energy storage. It derives a majority of its revenue from Canada. The Santa Cruz Project and critical metals segments are focused on mineral project exploration and development. The data processing segment provides data analytics, geophysical modeling, and artificial intelligence services for the mineral, oil & gas, and water exploration industries. The energy storage segment develops, manufactures, and installs vanadium flow batteries for grid-scale energy storage.
69GF Score
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