Wheaton Precious MetalsSTU:SII +0.16%96 PB Ratio is 5.63 as of Jun. 26, 2026, which is 93% above its 10-year median of 2.91. GuruFocus rates STU:SII with a GF Score™ of 96/100 and a GF Value™ of €143.43 (Significantly Undervalued). Among 2,358 Metals & Mining companies, Wheaton Precious Metals ranks worse than 80.07% on this metric.
The historical rank and industry rank for Wheaton Precious Metals's PB Ratio or its related term are showing as below:
STU:SII'
s PB Ratio Range Over the Past 10 Years
Min: 1.34 Med: 2.91 Max: 8.42
Current: 5.74
During the past 13 years, Wheaton Precious Metals's highest PB Ratio was 8.42. The lowest was 1.34. And the median was 2.91.
STU:SII's PB Ratio is ranked worse than 80.07% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.25
vs STU:SII: 5.74
During the past 12 months, Wheaton Precious Metals's average Book Value Per Share Growth Rate was 18.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Wheaton Precious Metals was 843.00% per year. The lowest was -7.20% per year. And the median was 10.90% per year.
Back to Basics: PB Ratio
Wheaton Precious Metals (STU:SII) 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.
* 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, Wheaton Precious 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.
Wheaton Precious Metals PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Wheaton Precious Metals's PB Ratio distribution charts can be found below:
* The bar in red indicates where Wheaton Precious 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.
Wheaton Precious Metals (STU:SII) has a PB Ratio of 5.63 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Wheaton Precious Metals and its competitors. This is 93% above median its historical median of 2.91. Over the past decade, Wheaton Precious Metals' PB Ratio has ranged from 1.34 to 8.42. According to the industry distribution chart, Wheaton Precious Metals ranks #1888 out of 2358 companies in the Metals & Mining industry, placing it in the top 80.1%.
Is Wheaton Precious Metals' PB Ratio too high?
Wheaton Precious Metals' current PB Ratio of 5.63 is 93% above median its 10-year median of 2.91. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 8.42. The Metals & Mining industry median PB Ratio is 2.25. Wheaton Precious Metals' value of 5.63 is 150.2% above this industry median. Based on the distribution chart, Wheaton Precious Metals ranks #1888 out of 2358 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Wheaton Precious Metals has a GF Score™ of 96/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wheaton Precious Metals' PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Wheaton Precious Metals ranks #1888 out of 2358 companies for PB Ratio. This places Wheaton Precious Metals in the lower half of its industry. The industry median PB Ratio is 2.25. Wheaton Precious Metals' value of 5.63 is 150.2% above this benchmark. Historically, Wheaton Precious Metals' own PB Ratio has ranged from 1.34 to 8.42 over the past decade. While the company's 10-year median is 2.91 vs. the industry median of 2.25, Wheaton Precious Metals has consistently been above 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 2.25, 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. Wheaton Precious Metals's current PB Ratio of 5.63 is 150.2% above 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 Wheaton Precious Metals and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wheaton Precious Metals's current PB Ratio is 5.63, which is 93% above median its own 10-year median of 2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wheaton Precious Metals stock overvalued right now?
Based on GuruFocus' analysis, Wheaton Precious Metals (STU:SII) is currently considered Significantly Undervalued. The stock's GF Value™ is €143.43, compared to a current price of €99.08 — trading 30.9% below its estimated fair value. The current PB Ratio is 5.63, which is 93% above median its 10-year median of 2.91 and 150.2% above the Metals & Mining industry median of 2.25. Wheaton Precious Metals' overall GF Score™ is 96/100. 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 Wheaton Precious Metals (STU:SII), the current PB Ratio is 5.63 as of Jun. 26, 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 Wheaton Precious Metals (STU:SII) Overvalued in 2026?
Based on GuruFocus' analysis, Wheaton Precious Metals stock appears to be undervalued.
The current stock price of €99.08 is trading 30.9% below its estimated GF Value™ of €143.43.
GuruFocus considers Wheaton Precious Metals to be Significantly Undervalued.
Key valuation signals for STU:SII:
PB Ratio: 5.63 (93% above median its 10-year median of 2.91)
GF Value™: €143.43 vs. price of €99.08 (30.9% below fair value)
Industry Position: 150.2% above the Metals & Mining median (#1888 of 2358)
No single metric tells the full story. See the STU:SII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wheaton Precious Metals Corp is a precious metal streaming company. Its geographical segment includes: North America; Europe; South America; and Africa. It generates its revenue from the sale of precious metals (gold, silver and palladium) and cobalt.
96GF Score
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