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Axo MetalsAXOCF 17 Price-to-Tangible-Book is 2.56 as of Sep. 16, 2026. GuruFocus rates AXOCF with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 2,239 Metals & Mining companies, Axo Metals ranks worse than 60.03% on this metric.
As of today (2026-09-16), Axo Metals's share price is $0.70. Axo Metals's Tangible Book per Share of Mar. 2026 for the quarter that ended in Mar. 2026 was $0.27. Hence, Axo Metals's Price to Tangible Book Ratio of today is 2.56.
The historical rank and industry rank for Axo Metals's Price-to-Tangible-Book or its related term are showing as below:
During the past 4 years, Axo Metals's highest Price to Tangible Book Ratio was 2.94. The lowest was 1.93. And the median was 2.19.
AXOCF's Price-to-Tangible-Book is not ranked *
in the Metals & Mining industry.
Industry Median: 2.24 * Ranked among companies with meaningful Price-to-Tangible-Book only.
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.
Axo Metals Price-to-Tangible-Book Related Terms
Axo Metals Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Axo Metals'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.
AXOCF vs SCCO, FCX: Price-to-Tangible-Book Comparison
For the Copper subindustry, Axo Metals'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.
Axo Metals Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Axo Metals's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Axo Metals'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.
Axo Metals (AXOCF) has a Price-to-Tangible-Book of 2.56 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 Axo Metals and its competitors. According to the industry distribution chart, Axo Metals ranks #1344 out of 2239 companies in the Metals & Mining industry, placing it in the top 60%.
Is Axo Metals' Price-to-Tangible-Book too high?
Axo Metals' current Price-to-Tangible-Book is 2.56. The Metals & Mining industry median Price-to-Tangible-Book is 2.24. Axo Metals' value of 2.56 is 14.3% above this industry median. Based on the distribution chart, Axo Metals ranks #1344 out of 2239 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Axo Metals has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Axo Metals' Price-to-Tangible-Book compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Axo Metals ranks #1344 out of 2239 companies for Price-to-Tangible-Book. This places Axo Metals in the lower half of its industry. The industry median Price-to-Tangible-Book is 2.24. Axo Metals' value of 2.56 is 14.3% above 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. Axo Metals's current Price-to-Tangible-Book of 2.56 is 14.3% 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 Axo Metals 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. Axo Metals's current Price-to-Tangible-Book is 2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axo Metals stock overvalued right now?
Axo Metals (AXOCF) has a current Price-to-Tangible-Book of 2.56. The current Price-to-Tangible-Book is 2.56 and 14.3% above the Metals & Mining industry median of 2.24. Axo Metals' overall GF Score™ is 17/100 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 Axo Metals (AXOCF), the current Price-to-Tangible-Book is 2.56 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.
Axo Metals Corp is a Canadian mineral exploration company engaged in the exploration and development in Mexico. The Company holds two projects. The San Antonio project is located in the state of Sonora, and is in development. Axo's second project is the La Huerta property, a new copper discovery in Jalisco, Mexico. Initial exploration has yielded high-grade copper both at surface through sampling programs, and at depth through initial drilling.
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