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Boreal GoldXCNQ:BGLD -9.52%14 PB Ratio is 2.11 as of Aug. 20, 2026. GuruFocus rates XCNQ:BGLD with a GF Score™ of 14/100. Among 2,360 Metals & Mining companies, Boreal Gold ranks better than 54.15% 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 (2026-08-20), Boreal Gold's share price is C$0.19. Boreal Gold's Book Value per Share for the quarter that ended in Feb. 2026 was C$0.09. Hence, Boreal Gold's PB Ratio of today is 2.11.
The historical rank and industry rank for Boreal Gold's PB Ratio or its related term are showing as below:
XCNQ:BGLD'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 2.33
Current: 2.11
During the past 4 years, Boreal Gold's highest PB Ratio was 2.33. The lowest was 0.00. And the median was 0.00.
XCNQ:BGLD's PB Ratio is ranked better than 54.15% of 2360
companies
in the Metals & Mining industry
Industry Median: 2.33
vs XCNQ:BGLD: 2.11
During the past 12 months, Boreal Gold's average Book Value Per Share Growth Rate was -250.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -81.70% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Boreal Gold was -81.70% per year. The lowest was -81.70% per year. And the median was -81.70% 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.
Boreal Gold PB Ratio Related Terms
Boreal Gold PB Ratio Historical Data
* Premium members only.
The historical data trend for Boreal Gold'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 Gold subindustry, Boreal Gold'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.
Boreal Gold PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Boreal Gold's PB Ratio distribution charts can be found below:
* The bar in red indicates where Boreal Gold'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.
Boreal Gold'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.
Boreal Gold (XCNQ:BGLD) has a PB Ratio of 2.11 as of Aug. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Boreal Gold and its competitors. According to the industry distribution chart, Boreal Gold ranks #1082 out of 2360 companies in the Metals & Mining industry, placing it in the top 45.8%.
Is Boreal Gold's PB Ratio too high?
Boreal Gold's current PB Ratio is 2.11. The Metals & Mining industry median PB Ratio is 2.33. Boreal Gold's value of 2.11 is 9.4% below this industry median. Based on the distribution chart, Boreal Gold ranks #1082 out of 2360 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Boreal Gold has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Boreal Gold's PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Boreal Gold ranks #1082 out of 2360 companies for PB Ratio. This puts Boreal Gold in the upper half of its industry. The industry median PB Ratio is 2.33. Boreal Gold's value of 2.11 is 9.4% 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 2.33, based on 2,360 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. Boreal Gold's current PB Ratio of 2.11 is 9.4% 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 Boreal Gold and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boreal Gold's current PB Ratio is 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boreal Gold stock overvalued right now?
Boreal Gold (XCNQ:BGLD) has a current PB Ratio of 2.11. The current PB Ratio is 2.11 and 9.4% below the Metals & Mining industry median of 2.33. Boreal Gold's overall GF Score™ is 14/100. 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 Boreal Gold (XCNQ:BGLD), the current PB Ratio is 2.11 as of Aug. 20, 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.
Boreal Gold Inc is an exploration and development Company. The company is engaged in exploring and developing the copper-zinc gold deposits in Snow Lake Manitoba via two primary target areas, the Melgurd property, and the Fay Lake property. The company focuses on gold in the Flin Flon Mining Camp of Manitoba and Saskatchewan.
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