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African Rainbow MineralsAFBOF 79 Price-to-Tangible-Book is 0.55 as of Sep. 21, 2026. GuruFocus rates AFBOF with a GF Score™ of 79/100 and a GF Value™ of $15.01 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,236 Metals & Mining companies, African Rainbow Minerals ranks better than 89.76% on this metric.
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
African Rainbow Minerals Price-to-Tangible-Book Related Terms
African Rainbow Minerals Price-to-Tangible-Book Historical Data
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The historical data trend for African Rainbow Minerals's Price-to-Tangible-Book 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, African Rainbow Minerals's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
African Rainbow Minerals Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, African Rainbow Minerals's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where African Rainbow Minerals's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
African Rainbow Minerals (AFBOF) has a Price-to-Tangible-Book of 0.55 as of Sep. 21, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on African Rainbow Minerals and its competitors. According to the industry distribution chart, African Rainbow Minerals ranks #229 out of 2236 companies in the Metals & Mining industry, placing it in the top 10.2%.
Is African Rainbow Minerals' Price-to-Tangible-Book too high?
African Rainbow Minerals' current Price-to-Tangible-Book is 0.55. The Metals & Mining industry median Price-to-Tangible-Book is 2.31. African Rainbow Minerals' value of 0.55 is 76.2% below this industry median. Based on the distribution chart, African Rainbow Minerals ranks #229 out of 2236 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, African Rainbow Minerals has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does African Rainbow Minerals' Price-to-Tangible-Book compare to competitors?
According to the Metals & Mining industry distribution chart, African Rainbow Minerals ranks #229 out of 2236 companies for Price-to-Tangible-Book. This places African Rainbow Minerals in the top 10% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 2.31. African Rainbow Minerals' value of 0.55 is 76.2% 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 Price-to-Tangible-Book for a Metals & Mining company?
The median Price-to-Tangible-Book among Metals & Mining companies is 2.31, based on 2,236 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. African Rainbow Minerals's current Price-to-Tangible-Book of 0.55 is 76.2% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on African Rainbow Minerals and its competitors. For the Metals & Mining industry, the median Price-to-Tangible-Book is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. African Rainbow Minerals's current Price-to-Tangible-Book is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Rainbow Minerals stock overvalued right now?
Based on GuruFocus' analysis, African Rainbow Minerals (AFBOF) is currently considered Significantly Undervalued. The stock's GF Value™ is $15.01, compared to a current price of $10.09 — trading 32.8% below its estimated fair value. The current Price-to-Tangible-Book is 0.55 and 76.2% below the Metals & Mining industry median of 2.31. African Rainbow Minerals' overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For African Rainbow Minerals (AFBOF), the current Price-to-Tangible-Book is 0.55 as of Sep. 21, 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.
Is African Rainbow Minerals (AFBOF) Overvalued in 2026?
Based on GuruFocus' analysis, African Rainbow Minerals stock appears to be undervalued.
The current stock price of $10.09 is trading 32.8% below its estimated GF Value™ of $15.01.
GuruFocus considers African Rainbow Minerals to be Significantly Undervalued.
Key valuation signals for AFBOF:
Price-to-Tangible-Book: 0.55
GF Value™: $15.01 vs. price of $10.09 (32.8% below fair value)
Industry Position: 76.2% below the Metals & Mining median (#229 of 2236)
No single metric tells the full story. See the AFBOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
African Rainbow Minerals Ltd is a South African diversified mining and minerals company with operations in South Africa and Malaysia. The group operates through four main segments: ARM Platinum, which includes platinum group metals and nickel; ARM Ferrous, focused on iron ore, manganese ore, and chrome ore; ARM Coal, operating mainly in the Goedgevonden Mine; and ARM Corporate, which includes Machadodorp Works, gold investments, and other activities. The company produces manganese alloys and holds a strategic investment in gold. The company generates the majority of its revenue from South Africa and maintains a presence in Europe, the Americas, and the Far and Middle East.
79GF Score
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