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DevEx ResourcesASX:DEV +3.85%17 Price-to-Tangible-Book is 5.29 as of Jul. 27, 2026, which is 6% below its 10-year median of 5.60. GuruFocus rates ASX:DEV with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 2,195 Metals & Mining companies, DevEx Resources ranks worse than 80.18% 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.
DevEx Resources Price-to-Tangible-Book Related Terms
DevEx Resources Price-to-Tangible-Book Historical Data
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The historical data trend for DevEx Resources'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, DevEx Resources'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.
DevEx Resources Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, DevEx Resources's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where DevEx Resources'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.
DevEx Resources (ASX:DEV) has a Price-to-Tangible-Book of 5.29 as of Jul. 27, 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 DevEx Resources and its competitors. This is near median its historical median of 5.60. Over the past decade, DevEx Resources' Price-to-Tangible-Book has ranged from 0.12 to 23.00. According to the industry distribution chart, DevEx Resources ranks #1760 out of 2195 companies in the Metals & Mining industry, placing it in the top 80.2%.
Is DevEx Resources' Price-to-Tangible-Book too high?
DevEx Resources' current Price-to-Tangible-Book of 5.29 is near median its 10-year median of 5.60. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 23.00. The Metals & Mining industry median Price-to-Tangible-Book is 2.10. DevEx Resources' value of 5.29 is 151.9% above this industry median. Based on the distribution chart, DevEx Resources ranks #1760 out of 2195 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, DevEx Resources has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does DevEx Resources' Price-to-Tangible-Book compare to competitors?
According to the Metals & Mining industry distribution chart, DevEx Resources ranks #1760 out of 2195 companies for Price-to-Tangible-Book. This places DevEx Resources in the lower half of its industry. The industry median Price-to-Tangible-Book is 2.10. DevEx Resources' value of 5.29 is 151.9% above this benchmark. Historically, DevEx Resources' own Price-to-Tangible-Book has ranged from 0.12 to 23.00 over the past decade. While the company's 10-year median is 5.60 vs. the industry median of 2.10, DevEx Resources has consistently been above the industry average. 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 2.10, based on 2,195 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. DevEx Resources's current Price-to-Tangible-Book of 5.29 is 151.9% 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 DevEx Resources and its competitors. For the Metals & Mining industry, the median Price-to-Tangible-Book is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DevEx Resources's current Price-to-Tangible-Book is 5.29, which is near median its own 10-year median of 5.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DevEx Resources stock overvalued right now?
DevEx Resources (ASX:DEV) has a current Price-to-Tangible-Book of 5.29. The current Price-to-Tangible-Book is 5.29, which is near median its 10-year median of 5.60 and 151.9% above the Metals & Mining industry median of 2.10. DevEx Resources' overall GF Score™ is 17/100 with 1 warning sign 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 DevEx Resources (ASX:DEV), the current Price-to-Tangible-Book is 5.29 as of Jul. 27, 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.
DevEx Resources Ltd is engaged in the exploration and evaluation of mineral properties in Australia. It explores uranium, copper, gold and other base metals. The company's property portfolio consists of exploration licenses covering various deposit styles in Northern Territory and Western Australia. It owns interest in the Nabarlek Uranium Project, Dundas Project, and the Junee Copper-Gold Project among others.
17GF Score
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