Nickel AsiaPHS:NIKL +1.87%90 PB Ratio is 1.59 as of Jun. 24, 2026, which is 7% below its 10-year median of 1.71. GuruFocus rates PHS:NIKL with a GF Score™ of 90/100 and a GF Value™ of ₱4.81 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,359 Metals & Mining companies, Nickel Asia ranks better than 64.94% 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 (2026-06-24), Nickel Asia's share price is ₱4.35. Nickel Asia's Book Value per Share for the quarter that ended in Mar. 2026 was ₱2.74. Hence, Nickel Asia's PB Ratio of today is 1.59.
The historical rank and industry rank for Nickel Asia's PB Ratio or its related term are showing as below:
PHS:NIKL'
s PB Ratio Range Over the Past 10 Years
Min: 0.66 Med: 1.71 Max: 3.44
Current: 1.59
During the past 13 years, Nickel Asia's highest PB Ratio was 3.44. The lowest was 0.66. And the median was 1.71.
PHS:NIKL's PB Ratio is ranked better than 64.94% of 2359
companies
in the Metals & Mining industry
Industry Median: 2.32
vs PHS:NIKL: 1.59
During the past 12 months, Nickel Asia's average Book Value Per Share Growth Rate was 9.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nickel Asia was 18.60% per year. The lowest was 1.90% per year. And the median was 4.85% 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.
Nickel Asia PB Ratio Related Terms
Nickel Asia PB Ratio Historical Data
* Premium members only.
The historical data trend for Nickel Asia'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, Nickel Asia'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.
Nickel Asia PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nickel Asia's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nickel Asia'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.
Nickel Asia'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.
Nickel Asia (PHS:NIKL) has a PB Ratio of 1.59 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nickel Asia and its competitors. This is near median its historical median of 1.71. Over the past decade, Nickel Asia's PB Ratio has ranged from 0.66 to 3.44. According to the industry distribution chart, Nickel Asia ranks #827 out of 2359 companies in the Metals & Mining industry, placing it in the top 35.1%.
Is Nickel Asia's PB Ratio too high?
Nickel Asia's current PB Ratio of 1.59 is near median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 3.44. The Metals & Mining industry median PB Ratio is 2.32. Nickel Asia's value of 1.59 is 31.5% below this industry median. Based on the distribution chart, Nickel Asia ranks #827 out of 2359 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Nickel Asia has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Asia's PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Nickel Asia ranks #827 out of 2359 companies for PB Ratio. This puts Nickel Asia in the upper half of its industry. The industry median PB Ratio is 2.32. Nickel Asia's value of 1.59 is 31.5% below this benchmark. Historically, Nickel Asia's own PB Ratio has ranged from 0.66 to 3.44 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 2.32, Nickel Asia 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 2.32, 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. Nickel Asia's current PB Ratio of 1.59 is 31.5% 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 Nickel Asia 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. Nickel Asia's current PB Ratio is 1.59, which is near median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Asia stock overvalued right now?
Based on GuruFocus' analysis, Nickel Asia (PHS:NIKL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱4.81, compared to a current price of ₱4.35 — trading 9.6% below its estimated fair value. The current PB Ratio is 1.59, which is near median its 10-year median of 1.71 and 31.5% below the Metals & Mining industry median of 2.32. Nickel Asia's overall GF Score™ is 90/100 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 Nickel Asia (PHS:NIKL), the current PB Ratio is 1.59 as of Jun. 24, 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.
Is Nickel Asia (PHS:NIKL) Overvalued in 2026?
Based on GuruFocus' analysis, Nickel Asia stock appears to be undervalued.
The current stock price of ₱4.35 is trading 9.6% below its estimated GF Value™ of ₱4.81.
GuruFocus considers Nickel Asia to be Modestly Undervalued.
Key valuation signals for PHS:NIKL:
PB Ratio: 1.59 (near median its 10-year median of 1.71)
GF Value™: ₱4.81 vs. price of ₱4.35 (9.6% below fair value)
Industry Position: 31.5% below the Metals & Mining median (#827 of 2359)
No single metric tells the full story. See the PHS:NIKL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nickel Asia Corp is a diversified natural resources development company is principally engaged in the business of producing beneficiated nickel ore, limestone, and quarry materials, rendering of services, and generating revenue from sale of power. The company has three operating segments which is The mining segment which accounts for a majority of the company's revenue includes the mining and exploration of nickel saprolite and limonite ore, limestone, and quarry materials, the services segment includes chartering out of LCT, construction and rendering of services to CBNC, THNC, and other parties and leasing of aircraft to WAISC, and the power segment is into power generation and exploration for geothermal resources.
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