Nouveau Monde Graphite (TSX:NOU) PB Ratio: 4.69 (As of Jul. 03, 2026)


TSX:NOU Nouveau Monde Graphite Inc TSX:NOU
28 GF Score
Price C$2.26
! 2 Warning Signs
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What is Nouveau Monde Graphite PB Ratio?

Nouveau Monde Graphite TSX:NOU +7.62% 28 PB Ratio is 4.69 as of Jul. 03, 2026. GuruFocus rates TSX:NOU with a GF Score™ of 28/100. The stock has 2 warning signs investors should review. Among 2,354 Metals & Mining companies, Nouveau Monde Graphite ranks worse than 75.02% 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 (2026-07-03), Nouveau Monde Graphite's share price is C$2.26. Nouveau Monde Graphite's Book Value per Share for the quarter that ended in Mar. 2026 was C$0.48. Hence, Nouveau Monde Graphite's PB Ratio of today is 4.69.

The historical rank and industry rank for Nouveau Monde Graphite's PB Ratio or its related term are showing as below:

TSX:NOU' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 4.69
Current: 4.69

During the past 13 years, Nouveau Monde Graphite's highest PB Ratio was 4.69. The lowest was 0.00. And the median was 0.00.

TSX:NOU's PB Ratio is ranked worse than
75.02% of 2354 companies
in the Metals & Mining industry
Industry Median: 2.28 vs TSX:NOU: 4.69

During the past 12 months, Nouveau Monde Graphite's average Book Value Per Share Growth Rate was -50.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -27.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nouveau Monde Graphite was 117.70% per year. The lowest was -37.80% per year. And the median was 0.40% per year.

Back to Basics: PB Ratio


Nouveau Monde Graphite  (TSX:NOU) 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.


Nouveau Monde Graphite PB Ratio Related Terms


Nouveau Monde Graphite PB Ratio Historical Data

* Premium members only.

The historical data trend for Nouveau Monde Graphite'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.

Nouveau Monde Graphite PB Ratio Chart

Nouveau Monde Graphite Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.58 3.99 3.86 2.25 6.74

Nouveau Monde Graphite 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 2.25 2.74 12.12 6.74 6.49

Nouveau Monde Graphite PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Nouveau Monde Graphite'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.


Nouveau Monde Graphite PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Nouveau Monde Graphite's PB Ratio falls into.


TSX:NOU
28GF Score
Nouveau Monde Graphite Inc TSX:NOU
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nouveau Monde Graphite 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.

Nouveau Monde Graphite's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2.26/0.482
=4.69

* 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 4.69 mean?
Nouveau Monde Graphite (TSX:NOU) has a PB Ratio of 4.69 as of Jul. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nouveau Monde Graphite and its competitors. According to the industry distribution chart, Nouveau Monde Graphite ranks #1766 out of 2354 companies in the Metals & Mining industry, placing it in the top 75%.
Is Nouveau Monde Graphite's PB Ratio too high?
Nouveau Monde Graphite's current PB Ratio is 4.69. The Metals & Mining industry median PB Ratio is 2.28. Nouveau Monde Graphite's value of 4.69 is 105.7% above this industry median. Based on the distribution chart, Nouveau Monde Graphite ranks #1766 out of 2354 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Nouveau Monde Graphite has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Nouveau Monde Graphite's PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Nouveau Monde Graphite ranks #1766 out of 2354 companies for PB Ratio. This places Nouveau Monde Graphite in the lower half of its industry. The industry median PB Ratio is 2.28. Nouveau Monde Graphite's value of 4.69 is 105.7% above this benchmark. 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 2.28, based on 2,354 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. Nouveau Monde Graphite's current PB Ratio of 4.69 is 105.7% 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 Nouveau Monde Graphite and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nouveau Monde Graphite's current PB Ratio is 4.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nouveau Monde Graphite stock overvalued right now?
Nouveau Monde Graphite (TSX:NOU) has a current PB Ratio of 4.69. The current PB Ratio is 4.69 and 105.7% above the Metals & Mining industry median of 2.28. Nouveau Monde Graphite's overall GF Score™ is 28/100 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 Nouveau Monde Graphite (TSX:NOU), the current PB Ratio is 4.69 as of Jul. 03, 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.

Nouveau Monde Graphite Business Description

Other Exchanges NMG:USANM9A:Germany
Address 481 Brassard Street, Saint-Michel-des-Saints, QC, CAN, J0K 3B0
Nouveau Monde Graphite Inc is a mineral exploration company. The company specializes in the exploration, evaluation, and development of mineral properties located in Quebec and is developing a natural graphite-based anode material that would qualify as battery-grade material to supply the lithium-ion industry. The Company currently operates in two segments: the Mining projects (which includes the Matawinie Mine project and the Uatnan Mining Project) and the Battery Material Plant project.
28GF Score

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PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$2.26
Price