Eloro Resources (TSX:ELO) PB Ratio: 1.99 (As of Jul. 14, 2026) — 97% Below Median

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TSX:ELO Eloro Resources Ltd TSX:ELO
36 GF Score
Price C$1.59
! 1 Warning Sign
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What is Eloro Resources PB Ratio?

Eloro Resources TSX:ELO -1.24% 36 PB Ratio is 1.99 as of Jul. 14, 2026, which is 97% below its 10-year median of 61.05. GuruFocus rates TSX:ELO with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 2,355 Metals & Mining companies, Eloro Resources ranks better than 54.23% 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 (2026-07-14), Eloro Resources's share price is C$1.59. Eloro Resources's Book Value per Share for the quarter that ended in Mar. 2026 was C$0.80. Hence, Eloro Resources's PB Ratio of today is 1.99.

Good Sign:

Eloro Resources Ltd stock PB Ratio (=1.99) is close to 10-year low of 1.99.

The historical rank and industry rank for Eloro Resources's PB Ratio or its related term are showing as below:

TSX:ELO' s PB Ratio Range Over the Past 10 Years
Min: 1.99   Med: 61.05   Max: 282.11
Current: 1.99

During the past 13 years, Eloro Resources's highest PB Ratio was 282.11. The lowest was 1.99. And the median was 61.05.

TSX:ELO's PB Ratio is ranked better than
54.23% of 2355 companies
in the Metals & Mining industry
Industry Median: 2.21 vs TSX:ELO: 1.99

During the past 12 months, Eloro Resources's average Book Value Per Share Growth Rate was 17.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 40.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Eloro Resources was 192.30% per year. The lowest was -81.20% per year. And the median was 4.20% per year.

Back to Basics: PB Ratio


Eloro Resources  (TSX:ELO) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Eloro Resources PB Ratio Related Terms


Eloro Resources PB Ratio Historical Data

* Premium members only.

The historical data trend for Eloro 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.

Eloro Resources PB Ratio Chart

Eloro Resources Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.11 4.93 1.96 1.34 2.47

Eloro Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.34 1.87 2.30 4.04 2.47

TSX:ELO vs NEM, AU: PB Ratio Comparison

For the Gold subindustry, Eloro 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.


Eloro Resources PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Eloro Resources's PB Ratio distribution charts can be found below:

* The bar in red indicates where Eloro Resources's PB Ratio falls into.


TSX:ELO
36GF Score
Eloro Resources Ltd TSX:ELO
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eloro Resources PB Ratio Calculation

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.

Eloro Resources's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1.59/0.797
=1.99

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.99 mean?
Eloro Resources (TSX:ELO) has a PB Ratio of 1.99 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Eloro Resources and its competitors. This is 97% below median its historical median of 61.05. Over the past decade, Eloro Resources' PB Ratio has ranged from 1.99 to 282.11. According to the industry distribution chart, Eloro Resources ranks #1078 out of 2355 companies in the Metals & Mining industry, placing it in the top 45.8%.
Is Eloro Resources' PB Ratio too high?
Eloro Resources' current PB Ratio of 1.99 is 97% below median its 10-year median of 61.05. Over the past 10 years, this metric has ranged from a low of 1.99 to a high of 282.11. The Metals & Mining industry median PB Ratio is 2.21. Eloro Resources' value of 1.99 is 10% below this industry median. Based on the distribution chart, Eloro Resources ranks #1078 out of 2355 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Eloro Resources has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Eloro Resources' PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Eloro Resources ranks #1078 out of 2355 companies for PB Ratio. This puts Eloro Resources in the upper half of its industry. The industry median PB Ratio is 2.21. Eloro Resources' value of 1.99 is 10% below this benchmark. Historically, Eloro Resources' own PB Ratio has ranged from 1.99 to 282.11 over the past decade. While the company's 10-year median is 61.05 vs. the industry median of 2.21, Eloro 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 2.21, based on 2,355 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. Eloro Resources's current PB Ratio of 1.99 is 10% 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 Eloro Resources and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eloro Resources's current PB Ratio is 1.99, which is 97% below median its own 10-year median of 61.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eloro Resources stock overvalued right now?
Eloro Resources (TSX:ELO) has a current PB Ratio of 1.99. The current PB Ratio is 1.99, which is 97% below median its 10-year median of 61.05 and 10% below the Metals & Mining industry median of 2.21. Eloro Resources' overall GF Score™ is 36/100 with 1 warning sign 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 Eloro Resources (TSX:ELO), the current PB Ratio is 1.99 as of Jul. 14, 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.

Eloro Resources Business Description

Other Exchanges ELRRF:USAP2QM:Germany
Address 20 Adelaide Street East, Suite 200, Toronto, ON, CAN, M5C 2T6
Eloro Resources Ltd is an exploration and mine development company with a portfolio of gold-silver properties in Peru, a polymetallic property in Bolivia, and base metal properties in Quebec. The company has an option to acquire a ninety-nine percent interest in the Iska Iska Property located in southern Bolivia, and owns an eighty-two percent interest in the La Victoria Gold/Silver Project located in the North-Central Mineral Belt of Peru. It has one reportable segment, which is mineral exploration.
36GF Score

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C$1.59
Price