Meteoric Resources NLMETOF +0.23%12 PB Ratio is 7.64 as of Jun. 25, 2026. GuruFocus rates METOF with a GF Score™ of 12/100. The stock has 4 warning signs investors should review. Among 2,359 Metals & Mining companies, Meteoric Resources NL ranks worse than 84.06% on this metric.
The historical rank and industry rank for Meteoric Resources NL's PB Ratio or its related term are showing as below:
METOF'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 7.75
Current: 5.35
During the past 13 years, Meteoric Resources NL's highest PB Ratio was 7.75. The lowest was 0.00. And the median was 0.00.
METOF's PB Ratio is ranked worse than 84.06% of 2359
companies
in the Metals & Mining industry
Industry Median: 2.32
vs METOF: 5.35
During the past 12 months, Meteoric Resources NL's average Book Value Per Share Growth Rate was 81.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Meteoric Resources NL was 44.20% per year. The lowest was -45.00% per year. And the median was -15.85% per year.
Back to Basics: PB Ratio
Meteoric Resources NL (OTCPK:METOF) 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.
* 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.
Meteoric Resources NL PB Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Meteoric Resources NL'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.
Meteoric Resources NL PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Meteoric Resources NL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Meteoric Resources NL'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.
Meteoric Resources NL (METOF) has a PB Ratio of 7.64 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 Meteoric Resources NL and its competitors. According to the industry distribution chart, Meteoric Resources NL ranks #1983 out of 2359 companies in the Metals & Mining industry, placing it in the top 84.1%.
Is Meteoric Resources NL's PB Ratio too high?
Meteoric Resources NL's current PB Ratio is 7.64. The Metals & Mining industry median PB Ratio is 2.32. Meteoric Resources NL's value of 7.64 is 229.3% above this industry median. Based on the distribution chart, Meteoric Resources NL ranks #1983 out of 2359 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Meteoric Resources NL has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Meteoric Resources NL's PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Meteoric Resources NL ranks #1983 out of 2359 companies for PB Ratio. This places Meteoric Resources NL in the lower half of its industry. The industry median PB Ratio is 2.32. Meteoric Resources NL's value of 7.64 is 229.3% 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 2.32, 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. Meteoric Resources NL's current PB Ratio of 7.64 is 229.3% 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 Meteoric Resources NL 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. Meteoric Resources NL's current PB Ratio is 7.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meteoric Resources NL stock overvalued right now?
Meteoric Resources NL (METOF) has a current PB Ratio of 7.64. The current PB Ratio is 7.64 and 229.3% above the Metals & Mining industry median of 2.32. Meteoric Resources NL's overall GF Score™ is 12/100 with 4 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 Meteoric Resources NL (METOF), the current PB Ratio is 7.64 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.
Meteoric Resources NL is an Australian company focused on exploring and developing mineral tenements in Brazil. Its flagship project is the Caldeira Rare Earths Project, comprising several mining exploration and licenses located between the cities of Caldas, Pocos de Caldas, and Andrades in the southwest region of the state of Minas Gerais in Brazil. The rare earth mineralisation at the Caldeira Project is hosted in soft, weathered clays and is enriched in magnet rare earths of dysprosium and terbium (DyTb) and neodymium and praseodymium (NdPr). The company has one reportable segment, being exploration and development activities in Brazil.
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