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Pelangio ExplorationTSXV:PX -3.57%31 PB Ratio is 8.44 as of Jul. 14, 2026, which is 32% below its 10-year median of 12.50. GuruFocus rates TSXV:PX with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 2,355 Metals & Mining companies, Pelangio Exploration ranks worse than 87.6% on this metric.
The historical rank and industry rank for Pelangio Exploration's PB Ratio or its related term are showing as below:
TSXV:PX'
s PB Ratio Range Over the Past 10 Years
Min: 6.67 Med: 12.5 Max: 50
Current: 8.44
During the past 13 years, Pelangio Exploration's highest PB Ratio was 50.00. The lowest was 6.67. And the median was 12.50.
TSXV:PX's PB Ratio is ranked worse than 87.6% of 2355
companies
in the Metals & Mining industry
Industry Median: 2.21
vs TSXV:PX: 8.44
During the past 12 months, Pelangio Exploration's average Book Value Per Share Growth Rate was 700.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 91.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Pelangio Exploration was 91.30% per year. The lowest was -87.70% per year. And the median was -2.40% per year.
Back to Basics: PB Ratio
Pelangio Exploration (TSXV:PX) PB Ratio Explanation
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.
Pelangio Exploration PB Ratio Related Terms
Pelangio Exploration PB Ratio Historical Data
* Premium members only.
The historical data trend for Pelangio Exploration'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.
Pelangio Exploration PB Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Pelangio Exploration'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.
Pelangio Exploration PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Pelangio Exploration's PB Ratio distribution charts can be found below:
* The bar in red indicates where Pelangio Exploration'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.
Pelangio Exploration (TSXV:PX) has a PB Ratio of 8.44 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 Pelangio Exploration and its competitors. This is 32% below median its historical median of 12.50. Over the past decade, Pelangio Exploration's PB Ratio has ranged from 6.67 to 50.00. According to the industry distribution chart, Pelangio Exploration ranks #2063 out of 2355 companies in the Metals & Mining industry, placing it in the top 87.6%.
Is Pelangio Exploration's PB Ratio too high?
Pelangio Exploration's current PB Ratio of 8.44 is 32% below median its 10-year median of 12.50. Over the past 10 years, this metric has ranged from a low of 6.67 to a high of 50.00. The Metals & Mining industry median PB Ratio is 2.21. Pelangio Exploration's value of 8.44 is 281.9% above this industry median. Based on the distribution chart, Pelangio Exploration ranks #2063 out of 2355 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Pelangio Exploration has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Pelangio Exploration's PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Pelangio Exploration ranks #2063 out of 2355 companies for PB Ratio. This places Pelangio Exploration in the lower half of its industry. The industry median PB Ratio is 2.21. Pelangio Exploration's value of 8.44 is 281.9% above this benchmark. Historically, Pelangio Exploration's own PB Ratio has ranged from 6.67 to 50.00 over the past decade. While the company's 10-year median is 12.50 vs. the industry median of 2.21, Pelangio Exploration 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 2.21, 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. Pelangio Exploration's current PB Ratio of 8.44 is 281.9% 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 Pelangio Exploration 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. Pelangio Exploration's current PB Ratio is 8.44, which is 32% below median its own 10-year median of 12.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pelangio Exploration stock overvalued right now?
Pelangio Exploration (TSXV:PX) has a current PB Ratio of 8.44. The current PB Ratio is 8.44, which is 32% below median its 10-year median of 12.50 and 281.9% above the Metals & Mining industry median of 2.21. Pelangio Exploration's overall GF Score™ is 31/100 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 Pelangio Exploration (TSXV:PX), the current PB Ratio is 8.44 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.
Pelangio Exploration Inc is a Canadian junior gold exploration company. The principal business of the company is the acquisition, exploration, and development of mineral property interests in Canada and Ghana, Africa. It holds an interest in various properties in Ghana, such as Manfo property, Nkosuo, Dankran property, and Obuasi property. In Canada, the company owns an interest in Birch Lake property and others.
31GF Score
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