American TungstenTUNGF +3.04%14 PB Ratio is 2.43 as of Jun. 30, 2026. GuruFocus rates TUNGF with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 2,356 Metals & Mining companies, American Tungsten ranks worse than 52.29% on this metric.
The historical rank and industry rank for American Tungsten's PB Ratio or its related term are showing as below:
TUNGF'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 2.57
Current: 2.54
During the past 6 years, American Tungsten's highest PB Ratio was 2.57. The lowest was 0.00. And the median was 0.00.
TUNGF's PB Ratio is ranked worse than 52.29% of 2356
companies
in the Metals & Mining industry
Industry Median: 2.265
vs TUNGF: 2.54
During the past 12 months, American Tungsten's average Book Value Per Share Growth Rate was 868.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 329.80% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of American Tungsten was 329.80% per year. The lowest was 39.80% per year. And the median was 184.80% per year.
Back to Basics: PB Ratio
American Tungsten (OTCPK:TUNGF) 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.
American Tungsten PB Ratio Related Terms
American Tungsten PB Ratio Historical Data
* Premium members only.
The historical data trend for American Tungsten'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, American Tungsten'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.
American Tungsten PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, American Tungsten's PB Ratio distribution charts can be found below:
* The bar in red indicates where American Tungsten'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.
American Tungsten (TUNGF) has a PB Ratio of 2.43 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on American Tungsten and its competitors. According to the industry distribution chart, American Tungsten ranks #1232 out of 2356 companies in the Metals & Mining industry, placing it in the top 52.3%.
Is American Tungsten's PB Ratio too high?
American Tungsten's current PB Ratio is 2.43. The Metals & Mining industry median PB Ratio is 2.27. American Tungsten's value of 2.43 is 7.3% above this industry median. Based on the distribution chart, American Tungsten ranks #1232 out of 2356 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, American Tungsten has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does American Tungsten's PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, American Tungsten ranks #1232 out of 2356 companies for PB Ratio. This places American Tungsten in the lower half of its industry. The industry median PB Ratio is 2.27. American Tungsten's value of 2.43 is 7.3% 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 2.27, based on 2,356 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. American Tungsten's current PB Ratio of 2.43 is 7.3% 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 American Tungsten 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. American Tungsten's current PB Ratio is 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Tungsten stock overvalued right now?
American Tungsten (TUNGF) has a current PB Ratio of 2.43. The current PB Ratio is 2.43 and 7.3% above the Metals & Mining industry median of 2.27. American Tungsten's overall GF Score™ is 14/100 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 American Tungsten (TUNGF), the current PB Ratio is 2.43 as of Jun. 30, 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.
American Tungsten Corp is a Canadian exploration company focused on advancing high-grade magnetite mineral properties. Its flagship asset, the IMA Mine Project in Idaho, is a past-producing tungsten property with historical output. With an option to secure 100 percent ownership, American Tungsten is strategically positioned to capitalize on the growing demand for critical minerals. The company also holds the Star Project, spanning approximately 4,615.75 hectares in British Columbia. The company operates in one reportable operating segment, being the acquisition and exploration of mineral properties in Canada and the USA.
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