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.
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.
Andean SilverASX:ASL -17.25%30 Price-to-Tangible-Book is 6.32 as of Sep. 02, 2026. GuruFocus rates ASX:ASL with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 2,218 Metals & Mining companies, Andean Silver ranks worse than 87.42% 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.
Andean Silver Price-to-Tangible-Book Related Terms
Andean Silver Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Andean Silver'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.
ASX:ASL vs NEM, AU: Price-to-Tangible-Book Comparison
For the Gold subindustry, Andean Silver'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.
Andean Silver Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Andean Silver's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Andean Silver'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.
Andean Silver (ASX:ASL) has a Price-to-Tangible-Book of 6.32 as of Sep. 02, 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 Andean Silver and its competitors. According to the industry distribution chart, Andean Silver ranks #1939 out of 2218 companies in the Metals & Mining industry, placing it in the top 87.4%.
Is Andean Silver's Price-to-Tangible-Book too high?
Andean Silver's current Price-to-Tangible-Book is 6.32. The Metals & Mining industry median Price-to-Tangible-Book is 2.33. Andean Silver's value of 6.32 is 171.2% above this industry median. Based on the distribution chart, Andean Silver ranks #1939 out of 2218 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Andean Silver has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Andean Silver's Price-to-Tangible-Book compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Andean Silver ranks #1939 out of 2218 companies for Price-to-Tangible-Book. This places Andean Silver in the lower half of its industry. The industry median Price-to-Tangible-Book is 2.33. Andean Silver's value of 6.32 is 171.2% 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 Price-to-Tangible-Book for a Metals & Mining company?
The median Price-to-Tangible-Book among Metals & Mining companies is 2.33, based on 2,218 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. Andean Silver's current Price-to-Tangible-Book of 6.32 is 171.2% 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 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 Andean Silver and its competitors. For the Metals & Mining industry, the median Price-to-Tangible-Book is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Andean Silver's current Price-to-Tangible-Book is 6.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andean Silver stock overvalued right now?
Andean Silver (ASX:ASL) has a current Price-to-Tangible-Book of 6.32. The current Price-to-Tangible-Book is 6.32 and 171.2% above the Metals & Mining industry median of 2.33. Andean Silver's overall GF Score™ is 30/100 with 2 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 Andean Silver (ASX:ASL), the current Price-to-Tangible-Book is 6.32 as of Sep. 02, 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.
Andean Silver Ltd is a mineral exploration and development company focused on advancing its own Cerro Bayo Silver-Gold project located in the Aysen region of Southern Chile. The project covers a large area with inferred silver and gold mineral resources. The company conducts exploration and development activities aimed at progressing the Cerro Bayo project toward production. It is organised into two segments: (a) Chile (Gold and Silver), (b) Australia (Lithium and Rare Earth minerals. The company is generating income predominantly through interest income.
30GF Score
Get the complete analysis for ASX:ASL
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:ASL has been successfully added to your 
