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Perseverance MetalsTSXV:PMI -13.46%15 PB Ratio is 1.59 as of Jul. 14, 2026. GuruFocus rates TSXV:PMI with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 2,355 Metals & Mining companies, Perseverance Metals ranks better than 63.14% on this metric.
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.
Perseverance Metals PB Ratio Related Terms
Perseverance Metals PB Ratio Historical Data
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The historical data trend for Perseverance 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.
Perseverance Metals PB Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Perseverance 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.
Perseverance Metals PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Perseverance Metals's PB Ratio distribution charts can be found below:
* The bar in red indicates where Perseverance 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.
* 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.
Perseverance Metals (TSXV:PMI) has a PB Ratio of 1.59 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Perseverance Metals and its competitors. According to the industry distribution chart, Perseverance Metals ranks #868 out of 2355 companies in the Metals & Mining industry, placing it in the top 36.9%.
Is Perseverance Metals' PB Ratio too high?
Perseverance Metals' current PB Ratio is 1.59. The Metals & Mining industry median PB Ratio is 2.21. Perseverance Metals' value of 1.59 is 28.1% below this industry median. Based on the distribution chart, Perseverance Metals ranks #868 out of 2355 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Perseverance Metals has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Perseverance Metals' PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Perseverance Metals ranks #868 out of 2355 companies for PB Ratio. This puts Perseverance Metals in the upper half of its industry. The industry median PB Ratio is 2.21. Perseverance Metals' value of 1.59 is 28.1% 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 2.21, based on 2,355 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. Perseverance Metals's current PB Ratio of 1.59 is 28.1% 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 Perseverance Metals and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perseverance Metals's current PB Ratio is 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perseverance Metals stock overvalued right now?
Perseverance Metals (TSXV:PMI) has a current PB Ratio of 1.59. The current PB Ratio is 1.59 and 28.1% below the Metals & Mining industry median of 2.21. Perseverance Metals' overall GF Score™ is 15/100 with 1 warning sign 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 Perseverance Metals (TSXV:PMI), the current PB Ratio is 1.59 as of Jul. 14, 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.
Perseverance Metals Inc is a critical minerals explorer with a project portfolio that is strategically located in key North American Ni-Cu-Co-PGE and hard rock lithium regions, including Quebec's prolific James Bay district and Michigan's productive Mid-Continent Rift. Its science-driven approach and extensive track record of discovery provide a distinct competitive advantage. It offers an opportunity for investors to be exposed to a portfolio of projects with the potential for multiple discoveries. Its exploration assets include: the Lac Gayot high-grade Ni-Cu-Co-PGE and lithium pegmatite project, the Voyageur Ni-Cu-Co-PGE project, and the Armit Lake Ni-Cu-Co project.
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