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Nations RoyaltyTSXV:NRC 15 PB Ratio is 8.35 as of Aug. 01, 2026, which is 39% below its 10-year median of 13.75. GuruFocus rates TSXV:NRC with a GF Score™ of 15/100. Among 2,354 Metals & Mining companies, Nations Royalty ranks worse than 87.98% 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 (2026-08-01), Nations Royalty's share price is C$1.01. Nations Royalty's Book Value per Share for the quarter that ended in Mar. 2026 was C$0.12. Hence, Nations Royalty's PB Ratio of today is 8.35.
The historical rank and industry rank for Nations Royalty's PB Ratio or its related term are showing as below:
TSXV:NRC'
s PB Ratio Range Over the Past 10 Years
Min: 6.78 Med: 13.75 Max: 57.1
Current: 8.35
During the past 5 years, Nations Royalty's highest PB Ratio was 57.10. The lowest was 6.78. And the median was 13.75.
TSXV:NRC's PB Ratio is ranked worse than 87.98% of 2354
companies
in the Metals & Mining industry
Industry Median: 2.11
vs TSXV:NRC: 8.35
During the past 12 months, Nations Royalty's average Book Value Per Share Growth Rate was 218.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 242.90% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Nations Royalty was 242.90% per year. The lowest was 242.90% per year. And the median was 242.90% 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.
Nations Royalty PB Ratio Related Terms
Nations Royalty PB Ratio Historical Data
* Premium members only.
The historical data trend for Nations Royalty'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, Nations Royalty'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.
Nations Royalty PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nations Royalty's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nations Royalty'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.
Nations Royalty'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.
Nations Royalty (TSXV:NRC) has a PB Ratio of 8.35 as of Aug. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nations Royalty and its competitors. This is 39% below median its historical median of 13.75. Over the past decade, Nations Royalty's PB Ratio has ranged from 6.78 to 57.10. According to the industry distribution chart, Nations Royalty ranks #2071 out of 2354 companies in the Metals & Mining industry, placing it in the top 88%.
Is Nations Royalty's PB Ratio too high?
Nations Royalty's current PB Ratio of 8.35 is 39% below median its 10-year median of 13.75. Over the past 10 years, this metric has ranged from a low of 6.78 to a high of 57.10. The Metals & Mining industry median PB Ratio is 2.11. Nations Royalty's value of 8.35 is 295.7% above this industry median. Based on the distribution chart, Nations Royalty ranks #2071 out of 2354 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Nations Royalty has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Nations Royalty's PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Nations Royalty ranks #2071 out of 2354 companies for PB Ratio. This places Nations Royalty in the lower half of its industry. The industry median PB Ratio is 2.11. Nations Royalty's value of 8.35 is 295.7% above this benchmark. Historically, Nations Royalty's own PB Ratio has ranged from 6.78 to 57.10 over the past decade. While the company's 10-year median is 13.75 vs. the industry median of 2.11, Nations Royalty 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 2.11, based on 2,354 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. Nations Royalty's current PB Ratio of 8.35 is 295.7% 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 Nations Royalty and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nations Royalty's current PB Ratio is 8.35, which is 39% below median its own 10-year median of 13.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nations Royalty stock overvalued right now?
Nations Royalty (TSXV:NRC) has a current PB Ratio of 8.35. The current PB Ratio is 8.35, which is 39% below median its 10-year median of 13.75 and 295.7% above the Metals & Mining industry median of 2.11. Nations Royalty's overall GF Score™ is 15/100. 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 Nations Royalty (TSXV:NRC), the current PB Ratio is 8.35 as of Aug. 01, 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.
Nations Royalty Corp is a majority Nisga'a Nation-owned company focused on acquiring royalties in the resource sector. The company derives royalty income from the Brucejack gold mine. The company also has an interest in the Premier Gold Project, Red Mountain Project, and KSM Project.
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