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European ResourcesPRSPF 14 Price-to-Tangible-Book is 54.35 as of Sep. 06, 2026. GuruFocus rates PRSPF with a GF Score™ of 14/100. Among 2,232 Metals & Mining companies, European Resources ranks better than 81.09% 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.
European Resources Price-to-Tangible-Book Related Terms
European Resources Price-to-Tangible-Book Historical Data
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The historical data trend for European 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 Precious Metals & Mining subindustry, European 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.
European Resources Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, European Resources's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where European 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.
European Resources (PRSPF) has a Price-to-Tangible-Book of 54.35 as of Sep. 06, 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 European Resources and its competitors. According to the industry distribution chart, European Resources ranks #422 out of 2232 companies in the Metals & Mining industry, placing it in the top 18.9%.
Is European Resources' Price-to-Tangible-Book too high?
European Resources' current Price-to-Tangible-Book is 54.35. The Metals & Mining industry median Price-to-Tangible-Book is 2.34. European Resources' value of 54.35 is 2222.6% above this industry median. Based on the distribution chart, European Resources ranks #422 out of 2232 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, European Resources has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does European Resources' Price-to-Tangible-Book compare to HL?
According to the Metals & Mining industry distribution chart, European Resources ranks #422 out of 2232 companies for Price-to-Tangible-Book. This places European Resources in the top 19% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 2.34. European Resources' value of 54.35 is 2222.6% 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 2.34, based on 2,232 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. European Resources's current Price-to-Tangible-Book of 54.35 is 2222.6% 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 European Resources and its competitors. For the Metals & Mining industry, the median Price-to-Tangible-Book is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. European Resources's current Price-to-Tangible-Book is 54.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is European Resources stock overvalued right now?
European Resources (PRSPF) has a current Price-to-Tangible-Book of 54.35. The current Price-to-Tangible-Book is 54.35 and 2222.6% above the Metals & Mining industry median of 2.34. European Resources' overall GF Score™ is 14/100. 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 European Resources (PRSPF), the current Price-to-Tangible-Book is 54.35 as of Sep. 06, 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.
European Resources Ltd is engaged in mineral exploration in Finland and Slovakia. The company has the following projects: Finland Projects Korsnas, Jokikangas. Slovakia Projects: Hodrusa-Hamre: multiple gold and silver targets, Zlatno: copper and gold targets, Kolba: copper, cobalt, silver, and nickel targets, Zemplin: epithermal silver, lead and zinc, Nova Bana: gold and silver targets, and Pukanec: gold and silver targets.
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