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Equinox GoldSTU:1LRC -1.93%79 PB Ratio is 1.21 as of Jul. 15, 2026, which is 29% above its 10-year median of 0.94. GuruFocus rates STU:1LRC with a GF Score™ of 79/100 and a GF Value™ of €5.42 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,358 Metals & Mining companies, Equinox Gold ranks better than 71.03% 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 (2026-07-15), Equinox Gold's share price is €8.146. Equinox Gold's Book Value per Share for the quarter that ended in Mar. 2026 was €6.72. Hence, Equinox Gold's PB Ratio of today is 1.21.
Good Sign:
Equinox Gold Corp stock PB Ratio (=1.25) is close to 1-year low of 1.25.
The historical rank and industry rank for Equinox Gold's PB Ratio or its related term are showing as below:
STU:1LRC'
s PB Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.94 Max: 9.6
Current: 1.25
During the past 13 years, Equinox Gold's highest PB Ratio was 9.60. The lowest was 0.29. And the median was 0.94.
STU:1LRC's PB Ratio is ranked better than 71.03% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.2
vs STU:1LRC: 1.25
During the past 12 months, Equinox Gold's average Book Value Per Share Growth Rate was 1.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 48.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Equinox Gold was 866.70% per year. The lowest was -1.10% per year. And the median was 28.25% 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.
Equinox Gold PB Ratio Related Terms
Equinox Gold PB Ratio Historical Data
* Premium members only.
The historical data trend for Equinox 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, Equinox 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.
Equinox Gold PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Equinox Gold's PB Ratio distribution charts can be found below:
* The bar in red indicates where Equinox 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.
Equinox 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.
Equinox Gold (STU:1LRC) has a PB Ratio of 1.21 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Equinox Gold and its competitors. This is 29% above median its historical median of 0.94. Over the past decade, Equinox Gold's PB Ratio has ranged from 0.29 to 9.60. According to the industry distribution chart, Equinox Gold ranks #683 out of 2358 companies in the Metals & Mining industry, placing it in the top 29%.
Is Equinox Gold's PB Ratio too high?
Equinox Gold's current PB Ratio of 1.21 is 29% above median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 9.60. The Metals & Mining industry median PB Ratio is 2.20. Equinox Gold's value of 1.21 is 45% below this industry median. Based on the distribution chart, Equinox Gold ranks #683 out of 2358 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Equinox Gold has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Equinox Gold's PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Equinox Gold ranks #683 out of 2358 companies for PB Ratio. This puts Equinox Gold in the upper half of its industry. The industry median PB Ratio is 2.20. Equinox Gold's value of 1.21 is 45% below this benchmark. Historically, Equinox Gold's own PB Ratio has ranged from 0.29 to 9.60 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 2.20, Equinox 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 2.20, 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. Equinox Gold's current PB Ratio of 1.21 is 45% 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 Equinox Gold and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equinox Gold's current PB Ratio is 1.21, which is 29% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equinox Gold stock overvalued right now?
Based on GuruFocus' analysis, Equinox Gold (STU:1LRC) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.42, compared to a current price of €8.15 — trading 50.3% above its estimated fair value. The current PB Ratio is 1.21, which is 29% above median its 10-year median of 0.94 and 45% below the Metals & Mining industry median of 2.20. Equinox Gold's overall GF Score™ is 79/100 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 Equinox Gold (STU:1LRC), the current PB Ratio is 1.21 as of Jul. 15, 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 Equinox Gold (STU:1LRC) Overvalued in 2026?
Based on GuruFocus' analysis, Equinox Gold stock appears to be overvalued.
The current stock price of €8.15 is trading 50.3% above its estimated GF Value™ of €5.42.
GuruFocus considers Equinox Gold to be Significantly Overvalued.
Key valuation signals for STU:1LRC:
PB Ratio: 1.21 (29% above median its 10-year median of 0.94)
GF Value™: €5.42 vs. price of €8.15 (50.3% above fair value)
Industry Position: 45% below the Metals & Mining median (#683 of 2358)
No single metric tells the full story. See the STU:1LRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Equinox Gold Corp is a mining company engaged in the operation, acquisition, exploration, and development of mineral properties, with a focus on gold. The company operates gold mines and a clear plan to increase production by advancing the pipeline of growth projects. Geographically, the company operates in the Canada, United States, Mexico, and others. The majority of its revenue is generated from Canada.
79GF Score
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