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Lefroy ExplorationASX:LEX +4.17%24 Price-to-Tangible-Book is 1.24 as of Sep. 22, 2026. GuruFocus rates ASX:LEX with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 2,236 Metals & Mining companies, Lefroy Exploration ranks better than 74.02% 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.
Lefroy Exploration Price-to-Tangible-Book Related Terms
Lefroy Exploration Price-to-Tangible-Book Historical Data
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The historical data trend for Lefroy Exploration'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, Lefroy Exploration'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.
Lefroy Exploration Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lefroy Exploration's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Lefroy Exploration'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.
Lefroy Exploration (ASX:LEX) has a Price-to-Tangible-Book of 1.24 as of Sep. 22, 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 Lefroy Exploration and its competitors. According to the industry distribution chart, Lefroy Exploration ranks #581 out of 2236 companies in the Metals & Mining industry, placing it in the top 26%.
Is Lefroy Exploration's Price-to-Tangible-Book too high?
Lefroy Exploration's current Price-to-Tangible-Book is 1.24. The Metals & Mining industry median Price-to-Tangible-Book is 2.31. Lefroy Exploration's value of 1.24 is 46.3% below this industry median. Based on the distribution chart, Lefroy Exploration ranks #581 out of 2236 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Lefroy Exploration has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Lefroy Exploration's Price-to-Tangible-Book compare to competitors?
According to the Metals & Mining industry distribution chart, Lefroy Exploration ranks #581 out of 2236 companies for Price-to-Tangible-Book. This puts Lefroy Exploration in the upper half of its industry. The industry median Price-to-Tangible-Book is 2.31. Lefroy Exploration's value of 1.24 is 46.3% 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. Lefroy Exploration's current Price-to-Tangible-Book of 1.24 is 46.3% 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 Lefroy Exploration 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. Lefroy Exploration's current Price-to-Tangible-Book is 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lefroy Exploration stock overvalued right now?
Lefroy Exploration (ASX:LEX) has a current Price-to-Tangible-Book of 1.24. The current Price-to-Tangible-Book is 1.24 and 46.3% below the Metals & Mining industry median of 2.31. Lefroy Exploration's overall GF Score™ is 24/100 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 Lefroy Exploration (ASX:LEX), the current Price-to-Tangible-Book is 1.24 as of Sep. 22, 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.
Lefroy Exploration Ltd is an Australian mineral exploration company focused on gold, nickel, and base metals in Western Australia. Its flagship asset is the Lefroy Project, located near Kalgoorlie in the Eastern Goldfields, which hosts the Burns gold-copper prospect and the Hang Glider Hill and Lucky Strike gold discoveries. The company also holds the Lake Johnston project, covering nickel and gold targets, and has previously explored the Goodyear nickel deposit, Glenayle, and Carnilya South assets. Exploration is conducted through a mix of wholly owned tenure and joint ventures, including partnerships that fund work programs on some tenements. Lefroy generates no operating revenue, as is typical of exploration-stage companies, and funds activities through equity raisings and farm-in arrangements. Its activities are confined to Western Australia, with the company headquartered in Perth and listed on the Australian Securities Exchange.
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