Grid MetalsTSXV:GRDM -4.55%26 PB Ratio is 52.50 as of Jun. 27, 2026. GuruFocus rates TSXV:GRDM with a GF Score™ of 26/100. The stock has 2 warning signs investors should review. Among 2,358 Metals & Mining companies, Grid Metals ranks worse than 98.9% 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 (2026-06-27), Grid Metals's share price is C$0.105. Grid Metals's Book Value per Share for the quarter that ended in Mar. 2026 was C$0.00. Hence, Grid Metals's PB Ratio of today is 52.50.
The historical rank and industry rank for Grid Metals's PB Ratio or its related term are showing as below:
TSXV:GRDM'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 52.5
Current: 52.5
During the past 13 years, Grid Metals's highest PB Ratio was 52.50. The lowest was 0.00. And the median was 0.00.
TSXV:GRDM's PB Ratio is ranked worse than 98.9% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.25
vs TSXV:GRDM: 52.50
During the past 3 years, the average Book Value Per Share Growth Rate was -53.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -40.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -45.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Grid Metals was 49.40% per year. The lowest was -72.50% per year. And the median was -10.85% 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.
Grid Metals PB Ratio Related Terms
Grid Metals PB Ratio Historical Data
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The historical data trend for Grid Metals'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 Industrial Metals & Mining subindustry, Grid Metals'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.
Grid Metals PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Grid Metals's PB Ratio distribution charts can be found below:
* The bar in red indicates where Grid Metals'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.
Grid Metals'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.
Grid Metals (TSXV:GRDM) has a PB Ratio of 52.50 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Grid Metals and its competitors. According to the industry distribution chart, Grid Metals ranks #2332 out of 2358 companies in the Metals & Mining industry, placing it in the top 98.9%.
Is Grid Metals' PB Ratio too high?
Grid Metals' current PB Ratio is 52.50. The Metals & Mining industry median PB Ratio is 2.25. Grid Metals' value of 52.50 is 2233.3% above this industry median. Based on the distribution chart, Grid Metals ranks #2332 out of 2358 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Grid Metals has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Grid Metals' PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Grid Metals ranks #2332 out of 2358 companies for PB Ratio. This places Grid Metals in the lower half of its industry. The industry median PB Ratio is 2.25. Grid Metals' value of 52.50 is 2233.3% 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 2.25, 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. Grid Metals's current PB Ratio of 52.50 is 2233.3% 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 Grid Metals and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grid Metals's current PB Ratio is 52.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grid Metals stock overvalued right now?
Grid Metals (TSXV:GRDM) has a current PB Ratio of 52.50. The current PB Ratio is 52.50 and 2233.3% above the Metals & Mining industry median of 2.25. Grid Metals' overall GF Score™ is 26/100 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 Grid Metals (TSXV:GRDM), the current PB Ratio is 52.50 as of Jun. 27, 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.
Grid Metals Corp is engaged in the business of exploring and developing base and precious metal mineral properties. Its properties include Cesium - Falcon West, Nickel - Makwa, Copper - Mayville, Lithium - Donner, Other.
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