Artemis GoldTSXV:ARTG -3.54%41 PB Ratio is 6.23 as of Jun. 25, 2026, which is 29% below its 10-year median of 8.73. GuruFocus rates TSXV:ARTG with a GF Score™ of 41/100. The stock has 3 warning signs investors should review. Among 2,358 Metals & Mining companies, Artemis Gold ranks worse than 81.68% 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 (2026-06-25), Artemis Gold's share price is C$30.28. Artemis Gold's Book Value per Share for the quarter that ended in Mar. 2026 was C$4.86. Hence, Artemis Gold's PB Ratio of today is 6.23.
Good Sign:
Artemis Gold Inc stock PB Ratio (=6.23) is close to 2-year low of 6.23.
The historical rank and industry rank for Artemis Gold's PB Ratio or its related term are showing as below:
TSXV:ARTG'
s PB Ratio Range Over the Past 10 Years
Min: 6.23 Med: 8.73 Max: 10.75
Current: 6.23
During the past 7 years, Artemis Gold's highest PB Ratio was 10.75. The lowest was 6.23. And the median was 8.73.
TSXV:ARTG's PB Ratio is ranked worse than 81.68% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.27
vs TSXV:ARTG: 6.23
During the past 12 months, Artemis Gold's average Book Value Per Share Growth Rate was 82.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.70% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Artemis Gold was 43.30% per year. The lowest was -1.20% per year. And the median was 12.70% per year.
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.
Artemis Gold PB Ratio Related Terms
Artemis Gold PB Ratio Historical Data
* Premium members only.
The historical data trend for Artemis Gold'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 Other Precious Metals & Mining subindustry, Artemis Gold'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.
Artemis Gold PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Artemis Gold's PB Ratio distribution charts can be found below:
* The bar in red indicates where Artemis Gold'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.
Artemis Gold's PB Ratio for today is calculated as follows:
* 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.
Artemis Gold (TSXV:ARTG) has a PB Ratio of 6.23 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Artemis Gold and its competitors. This is 29% below median its historical median of 8.73. Over the past decade, Artemis Gold's PB Ratio has ranged from 6.23 to 10.75. According to the industry distribution chart, Artemis Gold ranks #1926 out of 2358 companies in the Metals & Mining industry, placing it in the top 81.7%.
Is Artemis Gold's PB Ratio too high?
Artemis Gold's current PB Ratio of 6.23 is 29% below median its 10-year median of 8.73. Over the past 10 years, this metric has ranged from a low of 6.23 to a high of 10.75. The Metals & Mining industry median PB Ratio is 2.27. Artemis Gold's value of 6.23 is 174.4% above this industry median. Based on the distribution chart, Artemis Gold ranks #1926 out of 2358 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Artemis Gold has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Artemis Gold's PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Artemis Gold ranks #1926 out of 2358 companies for PB Ratio. This places Artemis Gold in the lower half of its industry. The industry median PB Ratio is 2.27. Artemis Gold's value of 6.23 is 174.4% above this benchmark. Historically, Artemis Gold's own PB Ratio has ranged from 6.23 to 10.75 over the past decade. While the company's 10-year median is 8.73 vs. the industry median of 2.27, Artemis Gold 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 2.27, based on 2,358 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. Artemis Gold's current PB Ratio of 6.23 is 174.4% 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 Artemis Gold 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. Artemis Gold's current PB Ratio is 6.23, which is 29% below median its own 10-year median of 8.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artemis Gold stock overvalued right now?
Artemis Gold (TSXV:ARTG) has a current PB Ratio of 6.23. The current PB Ratio is 6.23, which is 29% below median its 10-year median of 8.73 and 174.4% above the Metals & Mining industry median of 2.27. Artemis Gold's overall GF Score™ is 41/100 with 3 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 Artemis Gold (TSXV:ARTG), the current PB Ratio is 6.23 as of Jun. 25, 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.
Artemis Gold Inc is a gold and silver producer focused on the operation and further development of its flagship asset, the Blackwater Gold Mine in central British Columbia, Canada. The Company operates a single reportable segment, being the operation and management of the Blackwater Mine.
41GF Score
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