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Vanadium ResourcesASX:VR8 +55.26% Price-to-Tangible-Book is 1.23 as of Sep. 12, 2026. The stock has 3 warning signs investors should review. Among 2,235 Metals & Mining companies, Vanadium Resources ranks better than 85.06% 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.
Vanadium Resources Price-to-Tangible-Book Related Terms
Vanadium Resources Price-to-Tangible-Book Historical Data
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The historical data trend for Vanadium 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.
For the Other Industrial Metals & Mining subindustry, Vanadium 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.
Vanadium Resources Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Vanadium Resources's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Vanadium 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.
Vanadium Resources (ASX:VR8) has a Price-to-Tangible-Book of 1.23 as of Sep. 12, 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 Vanadium Resources and its competitors. According to the industry distribution chart, Vanadium Resources ranks #334 out of 2235 companies in the Metals & Mining industry, placing it in the top 14.9%.
Is Vanadium Resources' Price-to-Tangible-Book too high?
Vanadium Resources' current Price-to-Tangible-Book is 1.23. The Metals & Mining industry median Price-to-Tangible-Book is 2.32. Vanadium Resources' value of 1.23 is 47% below this industry median. Based on the distribution chart, Vanadium Resources ranks #334 out of 2235 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Vanadium Resources' Price-to-Tangible-Book compare to competitors?
According to the Metals & Mining industry distribution chart, Vanadium Resources ranks #334 out of 2235 companies for Price-to-Tangible-Book. This places Vanadium Resources in the top 15% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 2.32. Vanadium Resources' value of 1.23 is 47% 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 2.32, based on 2,235 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. Vanadium Resources's current Price-to-Tangible-Book of 1.23 is 47% 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 Vanadium Resources and its competitors. For the Metals & Mining industry, the median Price-to-Tangible-Book is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vanadium Resources's current Price-to-Tangible-Book is 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vanadium Resources stock overvalued right now?
Vanadium Resources (ASX:VR8) has a current Price-to-Tangible-Book of 1.23. The current Price-to-Tangible-Book is 1.23 and 47% below the Metals & Mining industry median of 2.32. 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 Vanadium Resources (ASX:VR8), the current Price-to-Tangible-Book is 1.23 as of Sep. 12, 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.
Vanadium Resources Ltd is a junior exploration company. Principally, it is engaged in the business of acquisition, exploration, and development of mineral resources in the Pilbara region of Western Australia. The company holds an interest in the development of the Quartz Bore project and the Steelpoortdrift Vanadium Project. The group operates as one segment, which is the mineral exploration in South Africa.
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