Panthera Resources (LSE:PAT) PB Ratio: 17.32 (As of Jun. 26, 2026)


LSE:PAT Panthera Resources PLC LSE:PAT
39 GF Score
Price £0.19
! 2 Warning Signs
View Full Analysis

What is Panthera Resources PB Ratio?

Panthera Resources LSE:PAT +2.42% 39 PB Ratio is 17.32 as of Jun. 26, 2026. GuruFocus rates LSE:PAT with a GF Score™ of 39/100. The stock has 2 warning signs investors should review. Among 2,358 Metals & Mining companies, Panthera Resources ranks worse than 94.4% 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), Panthera Resources's share price is £0.1905. Panthera Resources's Book Value per Share for the quarter that ended in Sep. 2025 was £0.01. Hence, Panthera Resources's PB Ratio of today is 17.32.

The historical rank and industry rank for Panthera Resources's PB Ratio or its related term are showing as below:

LSE:PAT' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 17.37
Current: 17.33

During the past 9 years, Panthera Resources's highest PB Ratio was 17.37. The lowest was 0.00. And the median was 0.00.

LSE:PAT's PB Ratio is ranked worse than
94.4% of 2358 companies
in the Metals & Mining industry
Industry Median: 2.25 vs LSE:PAT: 17.33

During the past 12 months, Panthera Resources's average Book Value Per Share Growth Rate was 37.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -9.00% per year.

Back to Basics: PB Ratio


Panthera Resources  (LSE:PAT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Panthera Resources PB Ratio Related Terms


Panthera Resources PB Ratio Historical Data

* Premium members only.

The historical data trend for Panthera Resources'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.

Panthera Resources PB Ratio Chart

Panthera Resources Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 3.28 4.63 3.80 8.28 7.67

Panthera Resources Semi-Annual Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.25 8.28 8.44 7.67 14.27

LSE:PAT vs NEM, AU: PB Ratio Comparison

For the Gold subindustry, Panthera Resources'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.


Panthera Resources PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Panthera Resources's PB Ratio distribution charts can be found below:

* The bar in red indicates where Panthera Resources's PB Ratio falls into.


LSE:PAT
39GF Score
Panthera Resources PLC LSE:PAT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Panthera Resources PB Ratio Calculation

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.

Panthera Resources's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2025)
=0.1905/0.011
=17.32

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 17.32 mean?
Panthera Resources (LSE:PAT) has a PB Ratio of 17.32 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 Panthera Resources and its competitors. According to the industry distribution chart, Panthera Resources ranks #2226 out of 2358 companies in the Metals & Mining industry, placing it in the top 94.4%.
Is Panthera Resources' PB Ratio too high?
Panthera Resources' current PB Ratio is 17.32. The Metals & Mining industry median PB Ratio is 2.25. Panthera Resources' value of 17.32 is 669.8% above this industry median. Based on the distribution chart, Panthera Resources ranks #2226 out of 2358 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Panthera Resources has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Panthera Resources' PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Panthera Resources ranks #2226 out of 2358 companies for PB Ratio. This places Panthera Resources in the lower half of its industry. The industry median PB Ratio is 2.25. Panthera Resources' value of 17.32 is 669.8% 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. Panthera Resources's current PB Ratio of 17.32 is 669.8% 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 Panthera Resources 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. Panthera Resources's current PB Ratio is 17.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panthera Resources stock overvalued right now?
Panthera Resources (LSE:PAT) has a current PB Ratio of 17.32. The current PB Ratio is 17.32 and 669.8% above the Metals & Mining industry median of 2.25. Panthera Resources' overall GF Score™ is 39/100 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 Panthera Resources (LSE:PAT), the current PB Ratio is 17.32 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.

Panthera Resources Business Description

Address 99 Gresham Street, 6th Floor, London, GBR, EC2V 7NG
Panthera Resources PLC is engaged in the exploration and development of gold assets in India and West Africa. The company's project profile includes the Bhukia and taregaon project in India, and the Cascades, Bido, Kalaka, and Bassala projects in West Africa. Its business segments are India and Africa.
39GF Score

Get the complete analysis for LSE:PAT

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.19
Price