Torex Gold ResourcesTORXF -1.50%91 PB Ratio is 1.47 as of Jun. 29, 2026, which is 29% above its 10-year median of 1.14. GuruFocus rates TORXF with a GF Score™ of 91/100 and a GF Value™ of $33.25 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,357 Metals & Mining companies, Torex Gold Resources ranks better than 64.06% on this metric.
Torex Gold Resources Inc stock PB Ratio (=1.54) is close to 1-year low of 1.41.
The historical rank and industry rank for Torex Gold Resources's PB Ratio or its related term are showing as below:
TORXF'
s PB Ratio Range Over the Past 10 Years
Min: 0.48 Med: 1.14 Max: 3.18
Current: 1.52
During the past 13 years, Torex Gold Resources's highest PB Ratio was 3.18. The lowest was 0.48. And the median was 1.14.
TORXF's PB Ratio is ranked better than 64.06% of 2357
companies
in the Metals & Mining industry
Industry Median: 2.27
vs TORXF: 1.52
During the past 12 months, Torex Gold Resources's average Book Value Per Share Growth Rate was 32.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 19.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 19.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Torex Gold Resources was 396.00% per year. The lowest was 0.90% per year. And the median was 16.60% per year.
Back to Basics: PB Ratio
Torex Gold Resources (OTCPK:TORXF) 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.
Torex Gold Resources PB Ratio Related Terms
Torex Gold Resources PB Ratio Historical Data
* Premium members only.
The historical data trend for Torex Gold Resources'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, Torex Gold Resources'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.
Torex Gold Resources PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Torex Gold Resources's PB Ratio distribution charts can be found below:
* The bar in red indicates where Torex Gold Resources'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.
Torex Gold Resources (TORXF) has a PB Ratio of 1.47 as of Jun. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Torex Gold Resources and its competitors. This is 29% above median its historical median of 1.14. Over the past decade, Torex Gold Resources' PB Ratio has ranged from 0.48 to 3.18. According to the industry distribution chart, Torex Gold Resources ranks #847 out of 2357 companies in the Metals & Mining industry, placing it in the top 35.9%.
Is Torex Gold Resources' PB Ratio too high?
Torex Gold Resources' current PB Ratio of 1.47 is 29% above median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 3.18. The Metals & Mining industry median PB Ratio is 2.27. Torex Gold Resources' value of 1.47 is 35.2% below this industry median. Based on the distribution chart, Torex Gold Resources ranks #847 out of 2357 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Torex Gold Resources has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Torex Gold Resources' PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Torex Gold Resources ranks #847 out of 2357 companies for PB Ratio. This puts Torex Gold Resources in the upper half of its industry. The industry median PB Ratio is 2.27. Torex Gold Resources' value of 1.47 is 35.2% below this benchmark. Historically, Torex Gold Resources' own PB Ratio has ranged from 0.48 to 3.18 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 2.27, Torex Gold Resources 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 2.27, based on 2,357 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. Torex Gold Resources's current PB Ratio of 1.47 is 35.2% 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 Torex Gold Resources and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Torex Gold Resources's current PB Ratio is 1.47, which is 29% above median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Torex Gold Resources stock overvalued right now?
Based on GuruFocus' analysis, Torex Gold Resources (TORXF) is currently considered Modestly Overvalued. The stock's GF Value™ is $33.25, compared to a current price of $39.61 — trading 19.1% above its estimated fair value. The current PB Ratio is 1.47, which is 29% above median its 10-year median of 1.14 and 35.2% below the Metals & Mining industry median of 2.27. Torex Gold Resources' overall GF Score™ is 91/100 with 2 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 Torex Gold Resources (TORXF), the current PB Ratio is 1.47 as of Jun. 29, 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 Torex Gold Resources (TORXF) Overvalued in 2026?
Based on GuruFocus' analysis, Torex Gold Resources stock appears to be overvalued.
The current stock price of $39.61 is trading 19.1% above its estimated GF Value™ of $33.25.
GuruFocus considers Torex Gold Resources to be Modestly Overvalued.
Key valuation signals for TORXF:
PB Ratio: 1.47 (29% above median its 10-year median of 1.14)
GF Value™: $33.25 vs. price of $39.61 (19.1% above fair value)
Industry Position: 35.2% below the Metals & Mining median (#847 of 2357)
No single metric tells the full story. See the TORXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Torex Gold Resources Inc is a Canadian mining company engaged in the exploration, development, and production of gold, copper, and silver from its flagship Morelos Complex in Guerrero, Mexico. It also owns the Los Reyes gold-silver project in Sinaloa, Mexico, and has acquired a portfolio of early-stage exploration properties, including the Batopilas and Guigui projects in Chihuahua, Mexico, and the Gryphon and Medicine Springs projects in Nevada, USA. The majority of the company's revenue is generated from the sale of gold, followed by silver and copper.
91GF Score
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