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Patagonia LithiumASX:PL3 33 Price-to-Tangible-Book is 1.97 as of Sep. 15, 2026. GuruFocus rates ASX:PL3 with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 2,239 Metals & Mining companies, Patagonia Lithium ranks better than 55.47% 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.
Patagonia Lithium Price-to-Tangible-Book Related Terms
Patagonia Lithium Price-to-Tangible-Book Historical Data
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The historical data trend for Patagonia Lithium'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, Patagonia Lithium'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.
Patagonia Lithium Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Patagonia Lithium's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Patagonia Lithium'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.
Patagonia Lithium (ASX:PL3) has a Price-to-Tangible-Book of 1.97 as of Sep. 15, 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 Patagonia Lithium and its competitors. According to the industry distribution chart, Patagonia Lithium ranks #997 out of 2239 companies in the Metals & Mining industry, placing it in the top 44.5%.
Is Patagonia Lithium's Price-to-Tangible-Book too high?
Patagonia Lithium's current Price-to-Tangible-Book is 1.97. The Metals & Mining industry median Price-to-Tangible-Book is 2.25. Patagonia Lithium's value of 1.97 is 12.4% below this industry median. Based on the distribution chart, Patagonia Lithium ranks #997 out of 2239 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Patagonia Lithium has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Patagonia Lithium's Price-to-Tangible-Book compare to competitors?
According to the Metals & Mining industry distribution chart, Patagonia Lithium ranks #997 out of 2239 companies for Price-to-Tangible-Book. This puts Patagonia Lithium in the upper half of its industry. The industry median Price-to-Tangible-Book is 2.25. Patagonia Lithium's value of 1.97 is 12.4% 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 2.25, 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. Patagonia Lithium's current Price-to-Tangible-Book of 1.97 is 12.4% 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 Patagonia Lithium and its competitors. For the Metals & Mining industry, the median Price-to-Tangible-Book is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patagonia Lithium's current Price-to-Tangible-Book is 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patagonia Lithium stock overvalued right now?
Patagonia Lithium (ASX:PL3) has a current Price-to-Tangible-Book of 1.97. The current Price-to-Tangible-Book is 1.97 and 12.4% below the Metals & Mining industry median of 2.25. Patagonia Lithium's overall GF Score™ is 33/100 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 Patagonia Lithium (ASX:PL3), the current Price-to-Tangible-Book is 1.97 as of Sep. 15, 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.
Patagonia Lithium Ltd is a mineral exploration company engaged in pursuing lithium exploration projects in Argentina and Brazil. It holds interests in the Formentera Project, the Cilon Project, and the Tomas III Project. The Formentera Project and the Cilon Project are situated in the Province of Jujuy, Argentina. The Tomas III Project is situated in the Province of Salta, Argentina. The company is organised into one operating segment, pursuing lithium exploration projects in South America.
33GF Score
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