USA Rare EarthMEX:USAR -3.31%12 PB Ratio is 2.25 as of Jun. 28, 2026, which is 40% below its 10-year median of 3.75. GuruFocus rates MEX:USAR with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 2,358 Metals & Mining companies, USA Rare Earth ranks worse than 52.54% 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 (2026-06-28), USA Rare Earth's share price is MXN350.00. USA Rare Earth's Book Value per Share for the quarter that ended in Mar. 2026 was MXN155.40. Hence, USA Rare Earth's PB Ratio of today is 2.25.
The historical rank and industry rank for USA Rare Earth's PB Ratio or its related term are showing as below:
MEX:USAR'
s PB Ratio Range Over the Past 10 Years
Min: 1.85 Med: 3.75 Max: 7.45
Current: 2.38
During the past 4 years, USA Rare Earth's highest PB Ratio was 7.45. The lowest was 1.85. And the median was 3.75.
MEX:USAR's PB Ratio is ranked worse than 52.54% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.25
vs MEX:USAR: 2.38
During the past 3 years, the average Book Value Per Share Growth Rate was 114.90% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of USA Rare Earth was 114.90% per year. The lowest was 114.90% per year. And the median was 114.90% 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.
USA Rare Earth PB Ratio Related Terms
USA Rare Earth PB Ratio Historical Data
* Premium members only.
The historical data trend for USA Rare Earth'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 Other Industrial Metals & Mining subindustry, USA Rare Earth'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.
USA Rare Earth PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, USA Rare Earth's PB Ratio distribution charts can be found below:
* The bar in red indicates where USA Rare Earth'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.
USA Rare Earth'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.
USA Rare Earth (MEX:USAR) has a PB Ratio of 2.25 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on USA Rare Earth and its competitors. This is 40% below median its historical median of 3.75. Over the past decade, USA Rare Earth's PB Ratio has ranged from 1.85 to 7.45. According to the industry distribution chart, USA Rare Earth ranks #1239 out of 2358 companies in the Metals & Mining industry, placing it in the top 52.5%.
Is USA Rare Earth's PB Ratio too high?
USA Rare Earth's current PB Ratio of 2.25 is 40% below median its 10-year median of 3.75. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 7.45. The Metals & Mining industry median PB Ratio is 2.25. USA Rare Earth's value of 2.25 is 0% at this industry median. Based on the distribution chart, USA Rare Earth ranks #1239 out of 2358 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, USA Rare Earth has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does USA Rare Earth's PB Ratio compare to MTRN and EMAT?
According to the Metals & Mining industry distribution chart, USA Rare Earth ranks #1239 out of 2358 companies for PB Ratio. This places USA Rare Earth in the lower half of its industry. The industry median PB Ratio is 2.25. USA Rare Earth's value of 2.25 is 0% at this benchmark. Historically, USA Rare Earth's own PB Ratio has ranged from 1.85 to 7.45 over the past decade. While the company's 10-year median is 3.75 vs. the industry median of 2.25, USA Rare Earth has consistently been at 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. USA Rare Earth's current PB Ratio of 2.25 is 0% at 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 USA Rare Earth 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. USA Rare Earth's current PB Ratio is 2.25, which is 40% below median its own 10-year median of 3.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is USA Rare Earth stock overvalued right now?
USA Rare Earth (MEX:USAR) has a current PB Ratio of 2.25. The current PB Ratio is 2.25, which is 40% below median its 10-year median of 3.75 and 0% at the Metals & Mining industry median of 2.25. USA Rare Earth's overall GF Score™ is 12/100 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 USA Rare Earth (MEX:USAR), the current PB Ratio is 2.25 as of Jun. 28, 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.
USA Rare Earth Inc is a vertically integrated, domestic rare earth magnet supply chain that supports the state of energy, mobility, and national security in the United States. USARE is developing an NdFeB magnet manufacturing plant in the United States, and establishing domestic rare earth and critical minerals supply, extraction, and processing capabilities to both supply its manufacturing plant and market surplus materials to third parties. The company operates in a single reportable operating segment; that segment being the vertically integrated, domestic rare earth element magnet production supply chain. Geographically, it operates in United States, and International. It derives maximum revenue from International.
12GF Score
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