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Askari MetalsASX:AS2 Price-to-Tangible-Book is 0.55 as of Aug. 26, 2026. The stock has 5 warning signs investors should review. Among 2,212 Metals & Mining companies, Askari Metals ranks better than 89.6% 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.
Askari Metals Price-to-Tangible-Book Related Terms
Askari Metals Price-to-Tangible-Book Historical Data
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The historical data trend for Askari Metals'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 Precious Metals & Mining subindustry, Askari Metals'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.
Askari Metals Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Askari Metals's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Askari Metals'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.
Askari Metals (ASX:AS2) has a Price-to-Tangible-Book of 0.55 as of Aug. 26, 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 Askari Metals and its competitors. According to the industry distribution chart, Askari Metals ranks #230 out of 2212 companies in the Metals & Mining industry, placing it in the top 10.4%.
Is Askari Metals' Price-to-Tangible-Book too high?
Askari Metals' current Price-to-Tangible-Book is 0.55. The Metals & Mining industry median Price-to-Tangible-Book is 2.38. Askari Metals' value of 0.55 is 76.9% below this industry median. Based on the distribution chart, Askari Metals ranks #230 out of 2212 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Askari Metals' Price-to-Tangible-Book compare to HL?
According to the Metals & Mining industry distribution chart, Askari Metals ranks #230 out of 2212 companies for Price-to-Tangible-Book. This places Askari Metals in the top 10% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 2.38. Askari Metals' value of 0.55 is 76.9% 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 2.38, based on 2,212 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. Askari Metals's current Price-to-Tangible-Book of 0.55 is 76.9% 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 Askari Metals and its competitors. For the Metals & Mining industry, the median Price-to-Tangible-Book is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Askari Metals'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 Askari Metals stock overvalued right now?
Askari Metals (ASX:AS2) has a current Price-to-Tangible-Book of 0.55. The current Price-to-Tangible-Book is 0.55 and 76.9% below the Metals & Mining industry median of 2.38. 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 Askari Metals (ASX:AS2), the current Price-to-Tangible-Book is 0.55 as of Aug. 26, 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.
Askari Metals Ltd is engaged in the gold and lithium exploration. The company's projects include the UiS Lithium Project, Matemanga Uranium Project, Red Peak REE Project, Burracoppin Gold Project, Mt Maguire Gold, Springdale Copper-Gold, and Callawa Copper Project among others. It operates in two segments being in Australia and Namibia in the mineral exploration sector.
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