South Pacific MetalsSPMEF +3.90%34 PB Ratio is 0.59 as of Jun. 24, 2026. GuruFocus rates SPMEF with a GF Score™ of 34/100. Among 2,359 Metals & Mining companies, South Pacific Metals ranks better than 89.15% on this metric.
The historical rank and industry rank for South Pacific Metals's PB Ratio or its related term are showing as below:
SPMEF'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.63
Current: 0.56
During the past 3 years, South Pacific Metals's highest PB Ratio was 0.63. The lowest was 0.00. And the median was 0.00.
SPMEF's PB Ratio is ranked better than 89.15% of 2359
companies
in the Metals & Mining industry
Industry Median: 2.32
vs SPMEF: 0.56
During the past 12 months, South Pacific Metals's average Book Value Per Share Growth Rate was -52.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -18.30% per year.
During the past 3 years, the highest 3-Year average Book Value Per Share Growth Rate of South Pacific Metals was -18.30% per year. The lowest was -18.30% per year. And the median was -18.30% per year.
Back to Basics: PB Ratio
South Pacific Metals (OTCPK:SPMEF) 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.
South Pacific Metals PB Ratio Related Terms
South Pacific Metals PB Ratio Historical Data
* Premium members only.
The historical data trend for South Pacific Metals'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, South Pacific Metals'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.
South Pacific Metals PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, South Pacific Metals's PB Ratio distribution charts can be found below:
* The bar in red indicates where South Pacific Metals'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.
South Pacific Metals (SPMEF) has a PB Ratio of 0.59 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 South Pacific Metals and its competitors. According to the industry distribution chart, South Pacific Metals ranks #256 out of 2359 companies in the Metals & Mining industry, placing it in the top 10.9%.
Is South Pacific Metals' PB Ratio too high?
South Pacific Metals' current PB Ratio is 0.59. The Metals & Mining industry median PB Ratio is 2.32. South Pacific Metals' value of 0.59 is 74.6% below this industry median. Based on the distribution chart, South Pacific Metals ranks #256 out of 2359 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, South Pacific Metals has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does South Pacific Metals' PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, South Pacific Metals ranks #256 out of 2359 companies for PB Ratio. This places South Pacific Metals in the top 11% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.32. South Pacific Metals' value of 0.59 is 74.6% 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 2.32, 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. South Pacific Metals's current PB Ratio of 0.59 is 74.6% 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 South Pacific Metals 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. South Pacific Metals's current PB Ratio is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Pacific Metals stock overvalued right now?
South Pacific Metals (SPMEF) has a current PB Ratio of 0.59. The current PB Ratio is 0.59 and 74.6% below the Metals & Mining industry median of 2.32. South Pacific Metals' overall GF Score™ is 34/100. 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 South Pacific Metals (SPMEF), the current PB Ratio is 0.59 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.
South Pacific Metals Corp is an emerging gold-copper exploration company operating in the heart of Papua New Guinea's gold and copper production corridors. With an expansive 3,000 sqkm land package and four transformative gold-copper projects contiguous with producers K92 Mining, PanAust and neighbouring Barrick Gold, new leadership and experienced in-country teams are prioritizing thoughtful and rigorous technical programs focused on boots-on-the-ground exploration to prioritize discovery across its portfolio projects: Anga, Osena, Kili Teke and May River.
34GF Score
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