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McLaren MineralsASX:MML Price-to-Tangible-Book is 0.75 as of Sep. 16, 2026. The stock has 2 warning signs investors should review. Among 2,239 Metals & Mining companies, McLaren Minerals ranks better than 89.68% 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.
McLaren Minerals Price-to-Tangible-Book Related Terms
McLaren Minerals Price-to-Tangible-Book Historical Data
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The historical data trend for McLaren 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.
For the Other Industrial Metals & Mining subindustry, McLaren 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.
McLaren Minerals Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, McLaren Minerals's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where McLaren 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.
McLaren Minerals (ASX:MML) has a Price-to-Tangible-Book of 0.75 as of Sep. 16, 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 McLaren Minerals and its competitors. According to the industry distribution chart, McLaren Minerals ranks #231 out of 2239 companies in the Metals & Mining industry, placing it in the top 10.3%.
Is McLaren Minerals' Price-to-Tangible-Book too high?
McLaren Minerals' current Price-to-Tangible-Book is 0.75. The Metals & Mining industry median Price-to-Tangible-Book is 2.24. McLaren Minerals' value of 0.75 is 66.5% below this industry median. Based on the distribution chart, McLaren Minerals ranks #231 out of 2239 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does McLaren Minerals' Price-to-Tangible-Book compare to competitors?
According to the Metals & Mining industry distribution chart, McLaren Minerals ranks #231 out of 2239 companies for Price-to-Tangible-Book. This places McLaren Minerals in the top 10% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 2.24. McLaren Minerals' value of 0.75 is 66.5% 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 2.24, based on 2,239 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. McLaren Minerals's current Price-to-Tangible-Book of 0.75 is 66.5% 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 McLaren Minerals and its competitors. For the Metals & Mining industry, the median Price-to-Tangible-Book is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McLaren Minerals's current Price-to-Tangible-Book is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McLaren Minerals stock overvalued right now?
McLaren Minerals (ASX:MML) has a current Price-to-Tangible-Book of 0.75. The current Price-to-Tangible-Book is 0.75 and 66.5% below the Metals & Mining industry median of 2.24. 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 McLaren Minerals (ASX:MML), the current Price-to-Tangible-Book is 0.75 as of Sep. 16, 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.
McLaren Minerals Ltd, formerly Allup Silica Ltd is a silica exploration company focused on the future development of its silica sand tenements located across several exploration project locations in Western Australia. The projects of the company include Sparkler, Pink Bark, Esperance Sands, and Cabbage Spot.
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