Perseus Mining (TSX:PRU) PB Ratio: 2.17 (As of Jun. 24, 2026) — 41% Above Median


TSX:PRU Perseus Mining Ltd TSX:PRU
95 GF Score
Price C$4.94
GF Value C$3.57
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Perseus Mining PB Ratio?

Perseus Mining TSX:PRU -1.98% 95 PB Ratio is 2.17 as of Jun. 24, 2026, which is 41% above its 10-year median of 1.54. GuruFocus rates TSX:PRU with a GF Score™ of 95/100 and a GF Value™ of C$3.57 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,359 Metals & Mining companies, Perseus Mining ranks better than 53.33% 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 (2026-06-24), Perseus Mining's share price is C$4.94. Perseus Mining's Book Value per Share for the quarter that ended in Dec. 2025 was C$2.28. Hence, Perseus Mining's PB Ratio of today is 2.17.

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

TSX:PRU' s PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.54   Max: 2.8
Current: 2.08

During the past 13 years, Perseus Mining's highest PB Ratio was 2.80. The lowest was 0.37. And the median was 1.54.

TSX:PRU's PB Ratio is ranked better than
53.33% of 2359 companies
in the Metals & Mining industry
Industry Median: 2.32 vs TSX:PRU: 2.08

During the past 12 months, Perseus Mining's average Book Value Per Share Growth Rate was 29.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 29.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 26.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Perseus Mining was 59.90% per year. The lowest was -14.40% per year. And the median was 14.30% per year.

Back to Basics: PB Ratio


Perseus Mining  (TSX:PRU) 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.


Perseus Mining PB Ratio Related Terms


Perseus Mining PB Ratio Historical Data

* Premium members only.

The historical data trend for Perseus Mining'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.

Perseus Mining PB Ratio Chart

Perseus Mining Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 1.45 1.18 1.35 1.53

Perseus Mining Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.20 1.35 1.31 1.53 2.20

TSX:PRU vs NEM, AU: PB Ratio Comparison

For the Gold subindustry, Perseus Mining'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.


Perseus Mining PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Perseus Mining's PB Ratio falls into.


TSX:PRU
95GF Score
Perseus Mining Ltd TSX:PRU
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Perseus Mining 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.

Perseus Mining's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=4.94/2.28
=2.17

* 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 2.17 mean?
Perseus Mining (TSX:PRU) has a PB Ratio of 2.17 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Perseus Mining and its competitors. This is 41% above median its historical median of 1.54. Over the past decade, Perseus Mining's PB Ratio has ranged from 0.37 to 2.80. According to the industry distribution chart, Perseus Mining ranks #1101 out of 2359 companies in the Metals & Mining industry, placing it in the top 46.7%.
Is Perseus Mining's PB Ratio too high?
Perseus Mining's current PB Ratio of 2.17 is 41% above median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 2.80. The Metals & Mining industry median PB Ratio is 2.32. Perseus Mining's value of 2.17 is 6.5% below this industry median. Based on the distribution chart, Perseus Mining ranks #1101 out of 2359 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Perseus Mining has a GF Score™ of 95/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Perseus Mining's PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Perseus Mining ranks #1101 out of 2359 companies for PB Ratio. This puts Perseus Mining in the upper half of its industry. The industry median PB Ratio is 2.32. Perseus Mining's value of 2.17 is 6.5% below this benchmark. Historically, Perseus Mining's own PB Ratio has ranged from 0.37 to 2.80 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 2.32, Perseus Mining 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 2.32, based on 2,359 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. Perseus Mining's current PB Ratio of 2.17 is 6.5% 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 Perseus Mining and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perseus Mining's current PB Ratio is 2.17, which is 41% above median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perseus Mining stock overvalued right now?
Based on GuruFocus' analysis, Perseus Mining (TSX:PRU) is currently considered Significantly Overvalued. The stock's GF Value™ is C$3.57, compared to a current price of C$4.94 — trading 38.4% above its estimated fair value. The current PB Ratio is 2.17, which is 41% above median its 10-year median of 1.54 and 6.5% below the Metals & Mining industry median of 2.32. Perseus Mining's overall GF Score™ is 95/100 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 Perseus Mining (TSX:PRU), the current PB Ratio is 2.17 as of Jun. 24, 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 Perseus Mining (TSX:PRU) Overvalued in 2026?

Based on GuruFocus' analysis, Perseus Mining stock appears to be overvalued. The current stock price of C$4.94 is trading 38.4% above its estimated GF Value™ of C$3.57. GuruFocus considers Perseus Mining to be Significantly Overvalued.

Key valuation signals for TSX:PRU:

  • PB Ratio: 2.17 (41% above median its 10-year median of 1.54)
  • GF Value™: C$3.57 vs. price of C$4.94 (38.4% above fair value)
  • GF Score™: 95/100 with 1 warning sign
  • Industry Position: 6.5% below the Metals & Mining median (#1101 of 2359)

No single metric tells the full story. See the TSX:PRU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Perseus Mining Business Description

Address 437 Roberts Road, Level 2, Subiaco, Perth, WA, AUS, 6008
Perseus is an Australia-based gold miner. It sold around 490,000 ounces of gold in fiscal 2025 from its three majority-owned mines in West Africa. Founded in 2004, Perseus bought all three of its operating mines originally as exploration licenses or development projects. Its 90%-owned Edikan mine in Ghana achieved first gold in 2011, with 86%-owned Sissingue and 90%-owned Yaoure in Ivory Coast following in 2018 and 2020, respectively. The company also purchased its 80%-owned Nyanzaga gold development in Tanzania in fiscal 2024. It had about a decade of reserves at end fiscal 2025. We forecast it sells about 500,000 ounces of gold in fiscal 2030.
95GF Score

Get the complete analysis for TSX:PRU

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

C$4.94
Price
C$3.57
GF Value