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Matsa ResourcesASX:MAT +5.66% Price-to-Tangible-Book is 4.67 as of Aug. 02, 2026, which is 192% above its 10-year median of 1.60. The stock has 3 warning signs investors should review. Among 2,200 Metals & Mining companies, Matsa Resources ranks worse than 82.14% 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.
Matsa Resources Price-to-Tangible-Book Related Terms
Matsa Resources Price-to-Tangible-Book Historical Data
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The historical data trend for Matsa 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.
ASX:MAT vs NEM, AU: Price-to-Tangible-Book Comparison
For the Gold subindustry, Matsa 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.
Matsa Resources Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Matsa Resources's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Matsa 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.
Matsa Resources (ASX:MAT) has a Price-to-Tangible-Book of 4.67 as of Aug. 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 Matsa Resources and its competitors. This is 192% above median its historical median of 1.60. Over the past decade, Matsa Resources' Price-to-Tangible-Book has ranged from 0.95 to 10.83. According to the industry distribution chart, Matsa Resources ranks #1807 out of 2200 companies in the Metals & Mining industry, placing it in the top 82.1%.
Is Matsa Resources' Price-to-Tangible-Book too high?
Matsa Resources' current Price-to-Tangible-Book of 4.67 is 192% above median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 10.83. The Metals & Mining industry median Price-to-Tangible-Book is 2.09. Matsa Resources' value of 4.67 is 123.4% above this industry median. Based on the distribution chart, Matsa Resources ranks #1807 out of 2200 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Matsa Resources' Price-to-Tangible-Book compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Matsa Resources ranks #1807 out of 2200 companies for Price-to-Tangible-Book. This places Matsa Resources in the lower half of its industry. The industry median Price-to-Tangible-Book is 2.09. Matsa Resources' value of 4.67 is 123.4% above this benchmark. Historically, Matsa Resources' own Price-to-Tangible-Book has ranged from 0.95 to 10.83 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 2.09, Matsa 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 2.09, based on 2,200 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. Matsa Resources's current Price-to-Tangible-Book of 4.67 is 123.4% 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 Matsa Resources and its competitors. For the Metals & Mining industry, the median Price-to-Tangible-Book is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matsa Resources's current Price-to-Tangible-Book is 4.67, which is 192% above median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matsa Resources stock overvalued right now?
Matsa Resources (ASX:MAT) has a current Price-to-Tangible-Book of 4.67. The current Price-to-Tangible-Book is 4.67, which is 192% above median its 10-year median of 1.60 and 123.4% above the Metals & Mining industry median of 2.09. 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 Matsa Resources (ASX:MAT), the current Price-to-Tangible-Book is 4.67 as of Aug. 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.
Matsa Resources Ltd engages in the operation of mineral exploration. It focuses on gold in Western Australia and lithium and base metals assets located in Thailand. The Company's main asset is the Lake Carey Gold Project which includes the near-term development Devon gold project and the Red October and Fortitude North exploration projects. It operates through the Australia and Thailand geographical segments, out of which it derives maximum revenue from Australia.
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