Bullfrog Gold (TSXV:FROG) PB Ratio: 2.35 (As of Jun. 29, 2026)


TSXV:FROG Bullfrog Gold Corp TSXV:FROG
17 GF Score
Price C$0.12
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What is Bullfrog Gold PB Ratio?

Bullfrog Gold TSXV:FROG -4.00% 17 PB Ratio is 2.35 as of Jun. 29, 2026. GuruFocus rates TSXV:FROG with a GF Score™ of 17/100. Among 2,357 Metals & Mining companies, Bullfrog Gold ranks worse than 51.29% 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 (2026-06-29), Bullfrog Gold's share price is C$0.12. Bullfrog Gold's Book Value per Share for the quarter that ended in Mar. 2026 was C$0.05. Hence, Bullfrog Gold's PB Ratio of today is 2.35.

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

TSXV:FROG' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.35
Current: 2.35

During the past 5 years, Bullfrog Gold's highest PB Ratio was 2.35. The lowest was 0.00. And the median was 0.00.

TSXV:FROG's PB Ratio is ranked worse than
51.29% of 2357 companies
in the Metals & Mining industry
Industry Median: 2.27 vs TSXV:FROG: 2.35

During the past 12 months, Bullfrog Gold's average Book Value Per Share Growth Rate was -33.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.30% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Bullfrog Gold was 343.10% per year. The lowest was 7.30% per year. And the median was 175.20% per year.

Back to Basics: PB Ratio


Bullfrog Gold  (TSXV:FROG) 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.


Bullfrog Gold PB Ratio Related Terms


Bullfrog Gold PB Ratio Historical Data

* Premium members only.

The historical data trend for Bullfrog 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.

Bullfrog Gold PB Ratio Chart

Bullfrog Gold Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 0.00 0.00 1.55 1.03

Bullfrog Gold Quarterly Data
Dec21 Sep22 Dec22 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 1.36 0.87 0.87 1.03 1.76

Bullfrog Gold PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Bullfrog 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.


Bullfrog Gold PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Bullfrog Gold's PB Ratio falls into.


TSXV:FROG
17GF Score
Bullfrog Gold Corp TSXV:FROG
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bullfrog Gold 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.

Bullfrog Gold's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.12/0.051
=2.35

* 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 2.35 mean?
Bullfrog Gold (TSXV:FROG) has a PB Ratio of 2.35 as of Jun. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bullfrog Gold and its competitors. According to the industry distribution chart, Bullfrog Gold ranks #1209 out of 2357 companies in the Metals & Mining industry, placing it in the top 51.3%.
Is Bullfrog Gold's PB Ratio too high?
Bullfrog Gold's current PB Ratio is 2.35. The Metals & Mining industry median PB Ratio is 2.27. Bullfrog Gold's value of 2.35 is 3.5% above this industry median. Based on the distribution chart, Bullfrog Gold ranks #1209 out of 2357 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Bullfrog Gold has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Bullfrog Gold's PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Bullfrog Gold ranks #1209 out of 2357 companies for PB Ratio. This places Bullfrog Gold in the lower half of its industry. The industry median PB Ratio is 2.27. Bullfrog Gold's value of 2.35 is 3.5% 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 2.27, based on 2,357 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. Bullfrog Gold's current PB Ratio of 2.35 is 3.5% 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 Bullfrog 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. Bullfrog Gold's current PB Ratio is 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bullfrog Gold stock overvalued right now?
Bullfrog Gold (TSXV:FROG) has a current PB Ratio of 2.35. The current PB Ratio is 2.35 and 3.5% above the Metals & Mining industry median of 2.27. Bullfrog Gold's overall GF Score™ is 17/100. 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 Bullfrog Gold (TSXV:FROG), the current PB Ratio is 2.35 as of Jun. 29, 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.

Bullfrog Gold Business Description

Other Exchanges AGRTF:USAD880:Germany
Address 777 Dunsmuir Street, Suite 1605, Po Box 10162, Vancouver, BC, CAN, V7Y 1E4
Bullfrog Gold Corp is engaged in the exploration of the South Bullfrog gold project in Beatty, Nevada, and the permitting of the Queens Mine Complex graphite mine in Sri Lanka. The South Bullfrog project is located in the Beatty gold district and is situated between AngloGold's North Bullfrog and Arthur projects.
17GF Score

Get the complete analysis for TSXV:FROG

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

C$0.12
Price