Viridian Metals (XCNQ:VRDN) PB Ratio: 23.64 (As of Jul. 16, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XCNQ:VRDN Viridian Metals Inc XCNQ:VRDN
15 GF Score
Price C$0.52
View Full Analysis

What is Viridian Metals PB Ratio?

Viridian Metals XCNQ:VRDN 15 PB Ratio is 23.64 as of Jul. 16, 2026. GuruFocus rates XCNQ:VRDN with a GF Score™ of 15/100. Among 2,359 Metals & Mining companies, Viridian Metals ranks worse than 96.31% 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 (2026-07-16), Viridian Metals's share price is C$0.52. Viridian Metals's Book Value per Share for the quarter that ended in Dec. 2025 was C$0.02. Hence, Viridian Metals's PB Ratio of today is 23.64.

The historical rank and industry rank for Viridian Metals's PB Ratio or its related term are showing as below:

XCNQ:VRDN' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 24.09
Current: 23.64

During the past 4 years, Viridian Metals's highest PB Ratio was 24.09. The lowest was 0.00. And the median was 0.00.

XCNQ:VRDN's PB Ratio is ranked worse than
96.31% of 2359 companies
in the Metals & Mining industry
Industry Median: 2.2 vs XCNQ:VRDN: 23.64

During the past 12 months, Viridian Metals's average Book Value Per Share Growth Rate was 633.30% per year.

Back to Basics: PB Ratio


Viridian Metals  (XCNQ:VRDN) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Viridian Metals PB Ratio Related Terms


Viridian Metals PB Ratio Historical Data

* Premium members only.

The historical data trend for Viridian 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.

Viridian Metals PB Ratio Chart

Viridian Metals Annual Data
Trend Dec22 Aug23 Aug24 Dec25
PB Ratio
0.00 0.00 0.00 36.82

Viridian Metals Quarterly Data
Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 18.57 42.50 14.10 20.71 36.82

Viridian Metals PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Viridian 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.


Viridian Metals PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Viridian Metals's PB Ratio distribution charts can be found below:

* The bar in red indicates where Viridian Metals's PB Ratio falls into.


XCNQ:VRDN
15GF Score
Viridian Metals Inc XCNQ:VRDN
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viridian Metals PB Ratio Calculation

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.

Viridian Metals's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.52/0.022
=23.64

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 23.64 mean?
Viridian Metals (XCNQ:VRDN) has a PB Ratio of 23.64 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Viridian Metals and its competitors. According to the industry distribution chart, Viridian Metals ranks #2272 out of 2359 companies in the Metals & Mining industry, placing it in the top 96.3%.
Is Viridian Metals' PB Ratio too high?
Viridian Metals' current PB Ratio is 23.64. The Metals & Mining industry median PB Ratio is 2.20. Viridian Metals' value of 23.64 is 974.5% above this industry median. Based on the distribution chart, Viridian Metals ranks #2272 out of 2359 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Viridian Metals has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Viridian Metals' PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Viridian Metals ranks #2272 out of 2359 companies for PB Ratio. This places Viridian Metals in the lower half of its industry. The industry median PB Ratio is 2.20. Viridian Metals' value of 23.64 is 974.5% 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 2.20, based on 2,359 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. Viridian Metals's current PB Ratio of 23.64 is 974.5% 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 Viridian Metals and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viridian Metals's current PB Ratio is 23.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viridian Metals stock overvalued right now?
Viridian Metals (XCNQ:VRDN) has a current PB Ratio of 23.64. The current PB Ratio is 23.64 and 974.5% above the Metals & Mining industry median of 2.20. Viridian Metals' 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 Viridian Metals (XCNQ:VRDN), the current PB Ratio is 23.64 as of Jul. 16, 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.

Viridian Metals Business Description

Address 3990 Old Almonte Road, Almonte, ON, CAN, K0A 1A0
Viridian Metals Inc is engaged in the evaluation, acquisition, and exploration of mineral properties in Canada. It focuses on copper, nickel, and cobalt in the near term and includes projects such as the Kraken Project and Project Sedna.
15GF Score

Get the complete analysis for XCNQ:VRDN

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.52
Price