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LE MineralsASX:LEL -4.69%33 Price-to-Tangible-Book is 0.44 as of Sep. 21, 2026. GuruFocus rates ASX:LEL with a GF Score™ of 33/100. The stock has 4 warning signs investors should review. Among 2,236 Metals & Mining companies, LE Minerals ranks better than 93.69% on this metric.
As of today (2026-09-21), LE Minerals's share price is A$0.305. LE Minerals's Tangible Book per Share of Dec. 2025 for the quarter that ended in Dec. 2025 was A$0.69. Hence, LE Minerals's Price to Tangible Book Ratio of today is 0.44.
The historical rank and industry rank for LE Minerals's Price-to-Tangible-Book or its related term are showing as below:
ASX:LEL'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.44 Med: 1.89 Max: 5.08
Current: 0.44
During the past 5 years, LE Minerals's highest Price to Tangible Book Ratio was 5.08. The lowest was 0.44. And the median was 1.89.
ASX:LEL's Price-to-Tangible-Book is ranked better than 93.69% of 2236
companies
in the Metals & Mining industry
Industry Median: 2.31
vs ASX:LEL: 0.44
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.
LE Minerals Price-to-Tangible-Book Related Terms
LE Minerals Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for LE 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.
LE Minerals Price-to-Tangible-Book Competitor Comparison
For the Other Industrial Metals & Mining subindustry, LE 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.
LE Minerals Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, LE Minerals's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where LE 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.
LE Minerals (ASX:LEL) has a Price-to-Tangible-Book of 0.44 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 LE Minerals and its competitors. According to the industry distribution chart, LE Minerals ranks #141 out of 2236 companies in the Metals & Mining industry, placing it in the top 6.3%.
Is LE Minerals' Price-to-Tangible-Book too high?
LE Minerals' current Price-to-Tangible-Book is 0.44. The Metals & Mining industry median Price-to-Tangible-Book is 2.31. LE Minerals' value of 0.44 is 81% below this industry median. Based on the distribution chart, LE Minerals ranks #141 out of 2236 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, LE Minerals has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does LE Minerals' Price-to-Tangible-Book compare to competitors?
According to the Metals & Mining industry distribution chart, LE Minerals ranks #141 out of 2236 companies for Price-to-Tangible-Book. This places LE Minerals in the top 6% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 2.31. LE Minerals' value of 0.44 is 81% 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. LE Minerals's current Price-to-Tangible-Book of 0.44 is 81% 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 LE 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. LE Minerals's current Price-to-Tangible-Book is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LE Minerals stock overvalued right now?
LE Minerals (ASX:LEL) has a current Price-to-Tangible-Book of 0.44. The current Price-to-Tangible-Book is 0.44 and 81% below the Metals & Mining industry median of 2.31. LE Minerals' overall GF Score™ is 33/100 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 LE Minerals (ASX:LEL), the current Price-to-Tangible-Book is 0.44 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.
LE Minerals Ltd is a minerals exploration and development company, focused on battery minerals projects, including the White Plains Lithium Brine Project in Utah, United States, the Burke Graphite Project in Queensland and the Capricorn Gold-Copper Belt Project also in Queensland.
33GF Score
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