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Ramelius ResourcesRMLRF +6.15%77 Price-to-Tangible-Book is 1.88 as of Sep. 21, 2026. GuruFocus rates RMLRF with a GF Score™ of 77/100 and a GF Value™ of $1.24 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,236 Metals & Mining companies, Ramelius Resources ranks better than 61.05% 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.
Ramelius Resources Price-to-Tangible-Book Related Terms
Ramelius Resources Price-to-Tangible-Book Historical Data
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The historical data trend for Ramelius 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.
RMLRF vs NEM, AU: Price-to-Tangible-Book Comparison
For the Gold subindustry, Ramelius 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.
Ramelius Resources Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ramelius Resources's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Ramelius 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.
Ramelius Resources (RMLRF) has a Price-to-Tangible-Book of 1.88 as of Sep. 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 Ramelius Resources and its competitors. According to the industry distribution chart, Ramelius Resources ranks #871 out of 2236 companies in the Metals & Mining industry, placing it in the top 39%.
Is Ramelius Resources' Price-to-Tangible-Book too high?
Ramelius Resources' current Price-to-Tangible-Book is 1.88. The Metals & Mining industry median Price-to-Tangible-Book is 2.31. Ramelius Resources' value of 1.88 is 18.6% below this industry median. Based on the distribution chart, Ramelius Resources ranks #871 out of 2236 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Ramelius Resources has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ramelius Resources' Price-to-Tangible-Book compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Ramelius Resources ranks #871 out of 2236 companies for Price-to-Tangible-Book. This puts Ramelius Resources in the upper half of its industry. The industry median Price-to-Tangible-Book is 2.31. Ramelius Resources' value of 1.88 is 18.6% below 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 2.31, based on 2,236 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. Ramelius Resources's current Price-to-Tangible-Book of 1.88 is 18.6% 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 Ramelius Resources 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. Ramelius Resources's current Price-to-Tangible-Book is 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramelius Resources stock overvalued right now?
Based on GuruFocus' analysis, Ramelius Resources (RMLRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.24, compared to a current price of $2.71 — trading 118.3% above its estimated fair value. The current Price-to-Tangible-Book is 1.88 and 18.6% below the Metals & Mining industry median of 2.31. Ramelius Resources' overall GF Score™ is 77/100 with 5 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 Ramelius Resources (RMLRF), the current Price-to-Tangible-Book is 1.88 as of Sep. 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 Ramelius Resources (RMLRF) Overvalued in 2026?
Based on GuruFocus' analysis, Ramelius Resources stock appears to be overvalued.
The current stock price of $2.71 is trading 118.3% above its estimated GF Value™ of $1.24.
GuruFocus considers Ramelius Resources to be Significantly Overvalued.
Key valuation signals for RMLRF:
Price-to-Tangible-Book: 1.88
GF Value™: $1.24 vs. price of $2.71 (118.3% above fair value)
Industry Position: 18.6% below the Metals & Mining median (#871 of 2236)
No single metric tells the full story. See the RMLRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ramelius Resources Ltd is a gold exploration and production company with exploration activities focused in Western Australia. The company also explores for base metals. The company has three segments: Mt Magnet, involving mining and processing of gold from the Mt Magnet region including the Penny and Cue Gold Mines; Edna May, involving mining and processing of gold from the Edna May region including the Marda, Tampia, and Symes Gold Mines; and Exploration, which covers exploration and evaluation of gold mineralization, notably the Rebecca-Roe projects. The company generates the majority of its revenue from the Mt Magnet segment.
77GF Score
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