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Provenance GoldPVGDF -0.51%33 Price-to-Tangible-Book is 2.23 as of Aug. 11, 2026, which is 42% below its 10-year median of 3.87. GuruFocus rates PVGDF with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 2,214 Metals & Mining companies, Provenance Gold ranks worse than 50.14% 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.
Provenance Gold Price-to-Tangible-Book Related Terms
Provenance Gold Price-to-Tangible-Book Historical Data
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The historical data trend for Provenance Gold'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, Provenance Gold'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.
Provenance Gold Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Provenance Gold's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Provenance Gold'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.
Provenance Gold (PVGDF) has a Price-to-Tangible-Book of 2.23 as of Aug. 11, 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 Provenance Gold and its competitors. This is 42% below median its historical median of 3.87. Over the past decade, Provenance Gold's Price-to-Tangible-Book has ranged from 2.23 to 95.00. According to the industry distribution chart, Provenance Gold ranks #1110 out of 2214 companies in the Metals & Mining industry, placing it in the top 50.1%.
Is Provenance Gold's Price-to-Tangible-Book too high?
Provenance Gold's current Price-to-Tangible-Book of 2.23 is 42% below median its 10-year median of 3.87. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 95.00. The Metals & Mining industry median Price-to-Tangible-Book is 2.28. Provenance Gold's value of 2.23 is 2% below this industry median. Based on the distribution chart, Provenance Gold ranks #1110 out of 2214 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Provenance Gold has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Provenance Gold's Price-to-Tangible-Book compare to HL?
According to the Metals & Mining industry distribution chart, Provenance Gold ranks #1110 out of 2214 companies for Price-to-Tangible-Book. This places Provenance Gold in the lower half of its industry. The industry median Price-to-Tangible-Book is 2.28. Provenance Gold's value of 2.23 is 2% below this benchmark. Historically, Provenance Gold's own Price-to-Tangible-Book has ranged from 2.23 to 95.00 over the past decade. While the company's 10-year median is 3.87 vs. the industry median of 2.28, Provenance Gold 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 2.28, based on 2,214 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. Provenance Gold's current Price-to-Tangible-Book of 2.23 is 2% 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 Provenance Gold and its competitors. For the Metals & Mining industry, the median Price-to-Tangible-Book is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Provenance Gold's current Price-to-Tangible-Book is 2.23, which is 42% below median its own 10-year median of 3.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Provenance Gold stock overvalued right now?
Provenance Gold (PVGDF) has a current Price-to-Tangible-Book of 2.23. The current Price-to-Tangible-Book is 2.23, which is 42% below median its 10-year median of 3.87 and 2% below the Metals & Mining industry median of 2.28. Provenance Gold's overall GF Score™ is 33/100 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 Provenance Gold (PVGDF), the current Price-to-Tangible-Book is 2.23 as of Aug. 11, 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.
Provenance Gold Corp is a junior exploration company, that engages in the identification, acquisition, and exploration of mineral interests in Canada. The company explores gold and other precious materials. The company holds an interest in White Rock, Eldorado, and Silver Bow. It has a single industry segment being the acquisition, exploration and development of mineral properties.
33GF Score
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