Noram LithiumNRVTF -5.03% PB Ratio is 1.54 as of Jul. 12, 2026. Among 2,357 Metals & Mining companies, Noram Lithium ranks better than 62.71% 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 (2026-07-12), Noram Lithium's share price is $0.0679. Noram Lithium's Book Value per Share for the quarter that ended in Jan. 2026 was $0.04. Hence, Noram Lithium's PB Ratio of today is 1.54.
The historical rank and industry rank for Noram Lithium's PB Ratio or its related term are showing as below:
NRVTF'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1.64
Current: 1.64
During the past 13 years, Noram Lithium's highest PB Ratio was 1.64. The lowest was 0.00. And the median was 0.00.
NRVTF's PB Ratio is ranked better than 62.71% of 2357
companies
in the Metals & Mining industry
Industry Median: 2.22
vs NRVTF: 1.64
During the past 12 months, Noram Lithium's average Book Value Per Share Growth Rate was -6.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -26.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -6.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Noram Lithium was 30.80% per year. The lowest was -52.60% per year. And the median was -19.25% 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.
Noram Lithium PB Ratio Related Terms
Noram Lithium PB Ratio Historical Data
* Premium members only.
The historical data trend for Noram Lithium'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, Noram Lithium'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.
Noram Lithium PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Noram Lithium's PB Ratio distribution charts can be found below:
* The bar in red indicates where Noram Lithium'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.
Noram Lithium'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.
Noram Lithium (NRVTF) has a PB Ratio of 1.54 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Noram Lithium and its competitors. According to the industry distribution chart, Noram Lithium ranks #879 out of 2357 companies in the Metals & Mining industry, placing it in the top 37.3%.
Is Noram Lithium's PB Ratio too high?
Noram Lithium's current PB Ratio is 1.54. The Metals & Mining industry median PB Ratio is 2.22. Noram Lithium's value of 1.54 is 30.6% below this industry median. Based on the distribution chart, Noram Lithium ranks #879 out of 2357 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Noram Lithium's PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Noram Lithium ranks #879 out of 2357 companies for PB Ratio. This puts Noram Lithium in the upper half of its industry. The industry median PB Ratio is 2.22. Noram Lithium's value of 1.54 is 30.6% below 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 2.22, based on 2,357 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. Noram Lithium's current PB Ratio of 1.54 is 30.6% 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 Noram Lithium and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noram Lithium's current PB Ratio is 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noram Lithium stock overvalued right now?
Noram Lithium (NRVTF) has a current PB Ratio of 1.54. The current PB Ratio is 1.54 and 30.6% below the Metals & Mining industry median of 2.22. 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 Noram Lithium (NRVTF), the current PB Ratio is 1.54 as of Jul. 12, 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.
Noram Lithium Corp is a Canadian-based junior exploration and development company focused on advancing its Zeus Lithium Project (Zeus) to production in Nevada. The Company is engaged in acquiring, exploring, and developing mineral exploration properties, mainly in the state of Nevada, USA. The Company has property and equipment located in British Columbia, Canada, and mineral properties located in the state of Nevada, USA.
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