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MagontecASX:MGL 29 Price-to-Tangible-Book is 0.26 as of Sep. 22, 2026. GuruFocus rates ASX:MGL with a GF Score™ of 29/100 and a GF Value™ of A$0.28 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,236 Metals & Mining companies, Magontec ranks better than 97.99% on this metric.
As of today (2026-09-22), Magontec's share price is A$0.19. Magontec's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was A$0.73. Hence, Magontec's Price to Tangible Book Ratio of today is 0.26.
The historical rank and industry rank for Magontec's Price-to-Tangible-Book or its related term are showing as below:
ASX:MGL'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.23 Med: 0.72 Max: 1.46
Current: 0.26
During the past 13 years, Magontec's highest Price to Tangible Book Ratio was 1.46. The lowest was 0.23. And the median was 0.72.
ASX:MGL's Price-to-Tangible-Book is ranked better than 97.99% of 2236
companies
in the Metals & Mining industry
Industry Median: 2.31
vs ASX:MGL: 0.26
A closely related ratio is called PB Ratio. As of today, Magontec's share price is A$0.19. Magontec's Book Value per Sharefor the quarter that ended in Jun. 2026 was A$0.78. Hence, Magontec's P/B Ratio of today is 0.24.
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.
Magontec Price-to-Tangible-Book Related Terms
Magontec Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Magontec'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, Magontec'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.
Magontec Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Magontec's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Magontec'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.
Magontec (ASX:MGL) has a Price-to-Tangible-Book of 0.26 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 Magontec and its competitors. According to the industry distribution chart, Magontec ranks #45 out of 2236 companies in the Metals & Mining industry, placing it in the top 2%.
Is Magontec's Price-to-Tangible-Book too high?
Magontec's current Price-to-Tangible-Book is 0.26. The Metals & Mining industry median Price-to-Tangible-Book is 2.31. Magontec's value of 0.26 is 88.7% below this industry median. Based on the distribution chart, Magontec ranks #45 out of 2236 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Magontec has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Magontec's Price-to-Tangible-Book compare to competitors?
According to the Metals & Mining industry distribution chart, Magontec ranks #45 out of 2236 companies for Price-to-Tangible-Book. This places Magontec in the top 2% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 2.31. Magontec's value of 0.26 is 88.7% 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. Magontec's current Price-to-Tangible-Book of 0.26 is 88.7% 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 Magontec 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. Magontec's current Price-to-Tangible-Book is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magontec stock overvalued right now?
Based on GuruFocus' analysis, Magontec (ASX:MGL) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.28, compared to a current price of A$0.19 — trading 32.1% below its estimated fair value. The current Price-to-Tangible-Book is 0.26 and 88.7% below the Metals & Mining industry median of 2.31. Magontec's overall GF Score™ is 29/100 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 Magontec (ASX:MGL), the current Price-to-Tangible-Book is 0.26 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.
Is Magontec (ASX:MGL) Overvalued in 2026?
Based on GuruFocus' analysis, Magontec stock appears to be undervalued.
The current stock price of A$0.19 is trading 32.1% below its estimated GF Value™ of A$0.28.
GuruFocus considers Magontec to be Possible Value Trap.
Key valuation signals for ASX:MGL:
Price-to-Tangible-Book: 0.26
GF Value™: A$0.28 vs. price of A$0.19 (32.1% below fair value)
Industry Position: 88.7% below the Metals & Mining median (#45 of 2236)
No single metric tells the full story. See the ASX:MGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magontec Ltd is an Australian-listed manufacturer of magnesium alloys and related products. The company produces generic and specialist magnesium alloys, primarily for die-casting and aluminium alloying applications, and operates magnesium recycling facilities that reprocess scrap into specification alloys. It also manufactures cathodic corrosion protection products, including magnesium and titanium anodes, used to protect pipelines, tanks, and marine and offshore infrastructure from corrosion. Magontec develops proprietary alloy technologies and sells to industrial customers in the automotive, aluminium, and corrosion-protection markets. Its operations are organised around European and Chinese businesses, with manufacturing in Germany and China, and it generates most revenue from its European segment. Revenue comes from alloy sales, recycling services, and corrosion-protection product sales.
29GF Score
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