Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Discovery Energy MetalsDEMCF +6.93%35 Price-to-Tangible-Book is 3.08 as of Sep. 04, 2026. GuruFocus rates DEMCF with a GF Score™ of 35/100. The stock has 2 warning signs investors should review. Among 2,227 Metals & Mining companies, Discovery Energy Metals ranks worse than 60.35% 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.
Discovery Energy Metals Price-to-Tangible-Book Related Terms
Discovery Energy Metals Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Discovery Energy 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.
Discovery Energy Metals Price-to-Tangible-Book Chart
Discovery Energy Metals Price-to-Tangible-Book Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Discovery Energy 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.
Discovery Energy Metals Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Discovery Energy Metals's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Discovery Energy 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.
Discovery Energy Metals (DEMCF) has a Price-to-Tangible-Book of 3.08 as of Sep. 04, 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 Discovery Energy Metals and its competitors. According to the industry distribution chart, Discovery Energy Metals ranks #1344 out of 2227 companies in the Metals & Mining industry, placing it in the top 60.4%.
Is Discovery Energy Metals' Price-to-Tangible-Book too high?
Discovery Energy Metals' current Price-to-Tangible-Book is 3.08. The Metals & Mining industry median Price-to-Tangible-Book is 2.36. Discovery Energy Metals' value of 3.08 is 30.5% above this industry median. Based on the distribution chart, Discovery Energy Metals ranks #1344 out of 2227 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Discovery Energy Metals has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Discovery Energy Metals' Price-to-Tangible-Book compare to competitors?
According to the Metals & Mining industry distribution chart, Discovery Energy Metals ranks #1344 out of 2227 companies for Price-to-Tangible-Book. This places Discovery Energy Metals in the lower half of its industry. The industry median Price-to-Tangible-Book is 2.36. Discovery Energy Metals' value of 3.08 is 30.5% 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 2.36, based on 2,227 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. Discovery Energy Metals's current Price-to-Tangible-Book of 3.08 is 30.5% 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 Discovery Energy Metals and its competitors. For the Metals & Mining industry, the median Price-to-Tangible-Book is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Discovery Energy Metals's current Price-to-Tangible-Book is 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Discovery Energy Metals stock overvalued right now?
Discovery Energy Metals (DEMCF) has a current Price-to-Tangible-Book of 3.08. The current Price-to-Tangible-Book is 3.08 and 30.5% above the Metals & Mining industry median of 2.36. Discovery Energy Metals' overall GF Score™ is 35/100 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 Discovery Energy Metals (DEMCF), the current Price-to-Tangible-Book is 3.08 as of Sep. 04, 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.
Discovery Energy Metals Corp is engaged in the exploration and development of lithium and cesium anomalies in the area of the Nunavik region of Northern Quebec.
35GF Score
Get the complete analysis for DEMCF
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DEMCF has been successfully added to your 
