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.
Imperial MetalsIPMLF +8.16%61 Price-to-Tangible-Book is 1.61 as of Aug. 21, 2026, which is 188% above its 10-year median of 0.56. GuruFocus rates IPMLF with a GF Score™ of 61/100 and a GF Value™ of $3.12 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,208 Metals & Mining companies, Imperial Metals ranks better than 67.71% 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.
Imperial Metals Price-to-Tangible-Book Related Terms
Imperial Metals Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Imperial 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.
IPMLF vs SCCO, FCX: Price-to-Tangible-Book Comparison
For the Copper subindustry, Imperial 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.
Imperial Metals Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Imperial Metals's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Imperial 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.
Imperial Metals (IPMLF) has a Price-to-Tangible-Book of 1.61 as of Aug. 21, 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 Imperial Metals and its competitors. This is 188% above median its historical median of 0.56. Over the past decade, Imperial Metals' Price-to-Tangible-Book has ranged from 0.24 to 1.73. According to the industry distribution chart, Imperial Metals ranks #713 out of 2208 companies in the Metals & Mining industry, placing it in the top 32.3%.
Is Imperial Metals' Price-to-Tangible-Book too high?
Imperial Metals' current Price-to-Tangible-Book of 1.61 is 188% above median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.73. The Metals & Mining industry median Price-to-Tangible-Book is 2.31. Imperial Metals' value of 1.61 is 30.3% below this industry median. Based on the distribution chart, Imperial Metals ranks #713 out of 2208 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Imperial Metals has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Imperial Metals' Price-to-Tangible-Book compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Imperial Metals ranks #713 out of 2208 companies for Price-to-Tangible-Book. This puts Imperial Metals in the upper half of its industry. The industry median Price-to-Tangible-Book is 2.31. Imperial Metals' value of 1.61 is 30.3% below this benchmark. Historically, Imperial Metals' own Price-to-Tangible-Book has ranged from 0.24 to 1.73 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 2.31, Imperial Metals has consistently been below the industry average. 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 2.31, based on 2,208 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. Imperial Metals's current Price-to-Tangible-Book of 1.61 is 30.3% 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 Imperial Metals and its competitors. For the Metals & Mining industry, the median Price-to-Tangible-Book is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Imperial Metals's current Price-to-Tangible-Book is 1.61, which is 188% above median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Metals stock overvalued right now?
Based on GuruFocus' analysis, Imperial Metals (IPMLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.12, compared to a current price of $6.87 — trading 120.1% above its estimated fair value. The current Price-to-Tangible-Book is 1.61, which is 188% above median its 10-year median of 0.56 and 30.3% below the Metals & Mining industry median of 2.31. Imperial Metals' overall GF Score™ is 61/100 with 4 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 Imperial Metals (IPMLF), the current Price-to-Tangible-Book is 1.61 as of Aug. 21, 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.
Is Imperial Metals (IPMLF) Overvalued in 2026?
Based on GuruFocus' analysis, Imperial Metals stock appears to be overvalued.
The current stock price of $6.87 is trading 120.1% above its estimated GF Value™ of $3.12.
GuruFocus considers Imperial Metals to be Significantly Overvalued.
Key valuation signals for IPMLF:
Price-to-Tangible-Book: 1.61 (188% above median its 10-year median of 0.56)
GF Value™: $3.12 vs. price of $6.87 (120.1% above fair value)
Industry Position: 30.3% below the Metals & Mining median (#713 of 2208)
No single metric tells the full story. See the IPMLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Imperial Metals Corp is a mining company mainly engaged in the exploration, development, and production of base and precious metals from Canadian mineral properties. The Company has four reportable segments, Red Chris, including related exploration and development activities, Mount Polley, including related exploration and development activities, Huckleberry, including related exploration and development activities, and Corporate, including Sterling and all other properties and related exploration and development activities. The maximum of the company's revenue is generated from the Mount Polley segment. Geographically, it derives maximum revenue from its customers in Switzerland, followed by China, USA, Singapore, etc.
61GF Score
Get the complete analysis for IPMLF
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
IPMLF has been successfully added to your 
