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Labrador GoldTSXV:LAB -8.33% Price-to-Tangible-Book is 0.42 as of Aug. 17, 2026, which is 73% below its 10-year median of 1.54. The stock has 1 warning sign investors should review. Among 2,206 Metals & Mining companies, Labrador Gold ranks better than 93.88% on this metric.
The historical rank and industry rank for Labrador Gold's Price-to-Tangible-Book or its related term are showing as below:
TSXV:LAB'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.33 Med: 1.54 Max: 5.08
Current: 0.42
During the past 13 years, Labrador Gold's highest Price to Tangible Book Ratio was 5.08. The lowest was 0.33. And the median was 1.54.
TSXV:LAB's Price-to-Tangible-Book is ranked better than 93.88% of 2206
companies
in the Metals & Mining industry
Industry Median: 2.29
vs TSXV:LAB: 0.42
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.
Labrador Gold Price-to-Tangible-Book Related Terms
Labrador Gold Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Labrador 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.
TSXV:LAB vs NEM, AU: Price-to-Tangible-Book Comparison
For the Gold subindustry, Labrador 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.
Labrador Gold Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Labrador Gold's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Labrador 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.
Labrador Gold (TSXV:LAB) has a Price-to-Tangible-Book of 0.42 as of Aug. 17, 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 Labrador Gold and its competitors. This is 73% below median its historical median of 1.54. Over the past decade, Labrador Gold's Price-to-Tangible-Book has ranged from 0.33 to 5.08. According to the industry distribution chart, Labrador Gold ranks #135 out of 2206 companies in the Metals & Mining industry, placing it in the top 6.1%.
Is Labrador Gold's Price-to-Tangible-Book too high?
Labrador Gold's current Price-to-Tangible-Book of 0.42 is 73% below median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 5.08. The Metals & Mining industry median Price-to-Tangible-Book is 2.29. Labrador Gold's value of 0.42 is 81.7% below this industry median. Based on the distribution chart, Labrador Gold ranks #135 out of 2206 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Labrador Gold's Price-to-Tangible-Book compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Labrador Gold ranks #135 out of 2206 companies for Price-to-Tangible-Book. This places Labrador Gold in the top 6% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 2.29. Labrador Gold's value of 0.42 is 81.7% below this benchmark. Historically, Labrador Gold's own Price-to-Tangible-Book has ranged from 0.33 to 5.08 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 2.29, Labrador 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 2.29, based on 2,206 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. Labrador Gold's current Price-to-Tangible-Book of 0.42 is 81.7% 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 Labrador Gold and its competitors. For the Metals & Mining industry, the median Price-to-Tangible-Book is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Labrador Gold's current Price-to-Tangible-Book is 0.42, which is 73% below median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Labrador Gold stock overvalued right now?
Labrador Gold (TSXV:LAB) has a current Price-to-Tangible-Book of 0.42. The current Price-to-Tangible-Book is 0.42, which is 73% below median its 10-year median of 1.54 and 81.7% below the Metals & Mining industry median of 2.29. 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 Labrador Gold (TSXV:LAB), the current Price-to-Tangible-Book is 0.42 as of Aug. 17, 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.
Labrador Gold Corp is a company involved in the acquisition and exploration of prospective gold projects in the Americas. The Company's projects include Hopedale, Borden Lake, Kingsway, Scotch Property, and other properties.
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