First Andes Silver (TSXV:FAS) PB Ratio: 1.23 (As of Jun. 24, 2026)


What is First Andes Silver PB Ratio?

First Andes Silver TSXV:FAS -5.56% PB Ratio is 1.23 as of Jun. 24, 2026. Among 2,359 Metals & Mining companies, First Andes Silver ranks better than 71.13% 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), First Andes Silver's share price is C$0.085. First Andes Silver's Book Value per Share for the quarter that ended in Nov. 2025 was C$0.07. Hence, First Andes Silver's PB Ratio of today is 1.23.

The historical rank and industry rank for First Andes Silver's PB Ratio or its related term are showing as below:

TSXV:FAS' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.38
Current: 1.24

During the past 4 years, First Andes Silver's highest PB Ratio was 1.38. The lowest was 0.00. And the median was 0.00.

TSXV:FAS's PB Ratio is ranked better than
71.13% of 2359 companies
in the Metals & Mining industry
Industry Median: 2.32 vs TSXV:FAS: 1.24

During the past 12 months, First Andes Silver's average Book Value Per Share Growth Rate was -74.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -65.40% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of First Andes Silver was -65.40% per year. The lowest was -65.40% per year. And the median was -65.40% per year.

Back to Basics: PB Ratio


First Andes Silver  (TSXV:FAS) 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.


First Andes Silver PB Ratio Related Terms


First Andes Silver PB Ratio Historical Data

* Premium members only.

The historical data trend for First Andes Silver'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.

First Andes Silver PB Ratio Chart

First Andes Silver Annual Data
Trend Feb22 Feb23 Feb24 Feb25
PB Ratio
0.93 0.35 0.24 1.34

First Andes Silver Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25
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 0.86 1.34 1.32 1.27 1.16

TSXV:FAS vs HL: PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, First Andes Silver'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.


First Andes Silver PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where First Andes Silver's PB Ratio falls into.



First Andes Silver 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.

First Andes Silver's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Nov. 2025)
=0.085/0.069
=1.23

* 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 1.23 mean?
First Andes Silver (TSXV:FAS) has a PB Ratio of 1.23 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 First Andes Silver and its competitors. According to the industry distribution chart, First Andes Silver ranks #681 out of 2359 companies in the Metals & Mining industry, placing it in the top 28.9%.
Is First Andes Silver's PB Ratio too high?
First Andes Silver's current PB Ratio is 1.23. The Metals & Mining industry median PB Ratio is 2.32. First Andes Silver's value of 1.23 is 47% below this industry median. Based on the distribution chart, First Andes Silver ranks #681 out of 2359 companies in the Metals & Mining industry, which is above the industry midpoint.
How does First Andes Silver's PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, First Andes Silver ranks #681 out of 2359 companies for PB Ratio. This puts First Andes Silver in the upper half of its industry. The industry median PB Ratio is 2.32. First Andes Silver's value of 1.23 is 47% below 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 2.32, 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. First Andes Silver's current PB Ratio of 1.23 is 47% 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 First Andes Silver 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. First Andes Silver's current PB Ratio is 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Andes Silver stock overvalued right now?
First Andes Silver (TSXV:FAS) has a current PB Ratio of 1.23. The current PB Ratio is 1.23 and 47% below the Metals & Mining industry median of 2.32. 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 First Andes Silver (TSXV:FAS), the current PB Ratio is 1.23 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.

First Andes Silver Business Description

Other Exchanges FASLF:USA9TZ0:Germany
Address 1100 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5
First Andes Silver Ltd is an exploration-stage company focusing on mineral properties in Peru. It owns a hundred percent interest in the high-grade Santas Gloria silver property, located approximately one hundred kilometers from Lima, Peru.