New Found GoldNFGC +2.72%31 PB Ratio is 1.76 as of Jun. 25, 2026, which is 29% below its 10-year median of 2.48. GuruFocus rates NFGC with a GF Score™ of 31/100. The stock has 3 warning signs investors should review. Among 2,358 Metals & Mining companies, New Found Gold ranks better than 59.5% 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 (2026-06-25), New Found Gold's share price is $1.51. New Found Gold's Book Value per Share for the quarter that ended in Mar. 2026 was $0.86. Hence, New Found Gold's PB Ratio of today is 1.76.
Good Sign:
New Found Gold Corp stock PB Ratio (=1.79) is close to 1-year low of 1.79.
The historical rank and industry rank for New Found Gold's PB Ratio or its related term are showing as below:
NFGC'
s PB Ratio Range Over the Past 10 Years
Min: 1.77 Med: 2.48 Max: 3.83
Current: 1.82
During the past 7 years, New Found Gold's highest PB Ratio was 3.83. The lowest was 1.77. And the median was 2.48.
NFGC's PB Ratio is ranked better than 59.5% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.27
vs NFGC: 1.82
During the past 12 months, New Found Gold's average Book Value Per Share Growth Rate was 308.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 37.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.40% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of New Found Gold was 94.20% per year. The lowest was -23.70% per year. And the median was 13.25% 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.
New Found Gold PB Ratio Related Terms
New Found Gold PB Ratio Historical Data
* Premium members only.
The historical data trend for New Found Gold'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 Gold subindustry, New Found Gold'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.
New Found Gold PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, New Found Gold's PB Ratio distribution charts can be found below:
* The bar in red indicates where New Found Gold'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.
New Found Gold'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.
New Found Gold (NFGC) has a PB Ratio of 1.76 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 New Found Gold and its competitors. This is 29% below median its historical median of 2.48. Over the past decade, New Found Gold's PB Ratio has ranged from 1.77 to 3.83. According to the industry distribution chart, New Found Gold ranks #955 out of 2358 companies in the Metals & Mining industry, placing it in the top 40.5%.
Is New Found Gold's PB Ratio too high?
New Found Gold's current PB Ratio of 1.76 is 29% below median its 10-year median of 2.48. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 3.83. The Metals & Mining industry median PB Ratio is 2.27. New Found Gold's value of 1.76 is 22.5% below this industry median. Based on the distribution chart, New Found Gold ranks #955 out of 2358 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, New Found Gold has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does New Found Gold's PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, New Found Gold ranks #955 out of 2358 companies for PB Ratio. This puts New Found Gold in the upper half of its industry. The industry median PB Ratio is 2.27. New Found Gold's value of 1.76 is 22.5% below this benchmark. Historically, New Found Gold's own PB Ratio has ranged from 1.77 to 3.83 over the past decade. While the company's 10-year median is 2.48 vs. the industry median of 2.27, New Found Gold has consistently been below 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 2.27, 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. New Found Gold's current PB Ratio of 1.76 is 22.5% 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 New Found Gold and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Found Gold's current PB Ratio is 1.76, which is 29% below median its own 10-year median of 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Found Gold stock overvalued right now?
New Found Gold (NFGC) has a current PB Ratio of 1.76. The current PB Ratio is 1.76, which is 29% below median its 10-year median of 2.48 and 22.5% below the Metals & Mining industry median of 2.27. New Found Gold's overall GF Score™ is 31/100 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 New Found Gold (NFGC), the current PB Ratio is 1.76 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.
New Found Gold Corp is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in the Provinces of Newfoundland and Labrador and Ontario, Canada. The Companies exploration is focused on discovering and delineating gold resources. The Company has one material property: the Queensway Project located in Newfoundland, Canada (the Queensway Project).
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