Triple Flag Precious MetalsTFPM +0.70%87 PB Ratio is 2.90 as of Jul. 01, 2026, which is 63% above its 10-year median of 1.78. GuruFocus rates TFPM with a GF Score™ of 87/100 and a GF Value™ of $33.67 (Modestly Undervalued). Among 2,356 Metals & Mining companies, Triple Flag Precious Metals ranks worse than 60.57% on this metric.
The historical rank and industry rank for Triple Flag Precious Metals's PB Ratio or its related term are showing as below:
TFPM'
s PB Ratio Range Over the Past 10 Years
Min: 1.04 Med: 1.78 Max: 48.83
Current: 3
During the past 8 years, Triple Flag Precious Metals's highest PB Ratio was 48.83. The lowest was 1.04. And the median was 1.78.
TFPM's PB Ratio is ranked worse than 60.57% of 2356
companies
in the Metals & Mining industry
Industry Median: 2.245
vs TFPM: 3.00
During the past 12 months, Triple Flag Precious Metals's average Book Value Per Share Growth Rate was 13.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.70% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Triple Flag Precious Metals was 40.80% per year. The lowest was 5.00% per year. And the median was 12.80% per year.
Back to Basics: PB Ratio
Triple Flag Precious Metals (NYSE:TFPM) 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.
Triple Flag Precious Metals PB Ratio Related Terms
Triple Flag Precious Metals PB Ratio Historical Data
* 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 Precious Metals & Mining subindustry, Triple Flag 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.
Triple Flag Precious Metals PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Triple Flag Precious Metals's PB Ratio distribution charts can be found below:
* The bar in red indicates where Triple Flag 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.
Triple Flag Precious Metals (TFPM) has a PB Ratio of 2.90 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Triple Flag Precious Metals and its competitors. This is 63% above median its historical median of 1.78. Over the past decade, Triple Flag Precious Metals' PB Ratio has ranged from 1.04 to 48.83. According to the industry distribution chart, Triple Flag Precious Metals ranks #1427 out of 2356 companies in the Metals & Mining industry, placing it in the top 60.6%.
Is Triple Flag Precious Metals' PB Ratio too high?
Triple Flag Precious Metals' current PB Ratio of 2.90 is 63% above median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 48.83. The Metals & Mining industry median PB Ratio is 2.25. Triple Flag Precious Metals' value of 2.90 is 29.2% above this industry median. Based on the distribution chart, Triple Flag Precious Metals ranks #1427 out of 2356 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Triple Flag Precious Metals has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Triple Flag Precious Metals' PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Triple Flag Precious Metals ranks #1427 out of 2356 companies for PB Ratio. This places Triple Flag Precious Metals in the lower half of its industry. The industry median PB Ratio is 2.25. Triple Flag Precious Metals' value of 2.90 is 29.2% above this benchmark. Historically, Triple Flag Precious Metals' own PB Ratio has ranged from 1.04 to 48.83 over the past decade. While the company's 10-year median is 1.78 vs. the industry median of 2.25, Triple Flag 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 2,356 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. Triple Flag Precious Metals's current PB Ratio of 2.90 is 29.2% 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 Triple Flag 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. Triple Flag Precious Metals's current PB Ratio is 2.90, which is 63% above median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triple Flag Precious Metals stock overvalued right now?
Based on GuruFocus' analysis, Triple Flag Precious Metals (TFPM) is currently considered Modestly Undervalued. The stock's GF Value™ is $33.67, compared to a current price of $30.18 — trading 10.4% below its estimated fair value. The current PB Ratio is 2.90, which is 63% above median its 10-year median of 1.78 and 29.2% above the Metals & Mining industry median of 2.25. Triple Flag Precious Metals' overall GF Score™ is 87/100. 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 Triple Flag Precious Metals (TFPM), the current PB Ratio is 2.90 as of Jul. 01, 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 Triple Flag Precious Metals (TFPM) Overvalued in 2026?
Based on GuruFocus' analysis, Triple Flag Precious Metals stock appears to be undervalued.
The current stock price of $30.18 is trading 10.4% below its estimated GF Value™ of $33.67.
GuruFocus considers Triple Flag Precious Metals to be Modestly Undervalued.
Key valuation signals for TFPM:
PB Ratio: 2.90 (63% above median its 10-year median of 1.78)
GF Value™: $33.67 vs. price of $30.18 (10.4% below fair value)
Industry Position: 29.2% above the Metals & Mining median (#1427 of 2356)
No single metric tells the full story. See the TFPM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Triple Flag Precious Metals Corp is a streaming and royalty company focused on precious metals. Its revenues are largely generated from a diversified portfolio of properties in Australia, Canada, Colombia, Cote d'Ivoire, Mexico, Mongolia, Peru, South Africa, and the United States. Its diversified portfolio of streams and royalties comprises long-life mining assets, including the Northparkes copper-gold mine in Australia, the Cerro Lindo polymetallic mine in Peru, the Fosterville gold mine in Australia, the Buritica gold mine in Colombia, and the Impala Bafokeng Operations in South Africa among others. A majority of its revenue is derived through its interests in various gold streams. Geographically, the company derives maximum revenue from Australia, followed by Peru and other regions.
87GF Score
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