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Metallis ResourcesTSXV:MTS -3.45%24 Price-to-Tangible-Book is 8.24 as of Sep. 15, 2026. GuruFocus rates TSXV:MTS with a GF Score™ of 24/100. The stock has 2 warning signs investors should review. Among 2,239 Metals & Mining companies, Metallis Resources ranks worse than 85.31% on this metric.
The historical rank and industry rank for Metallis Resources's Price-to-Tangible-Book or its related term are showing as below:
TSXV:MTS'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.19 Med: 2.95 Max: 200
Current: 7
During the past 13 years, Metallis Resources's highest Price to Tangible Book Ratio was 200.00. The lowest was 0.19. And the median was 2.95.
TSXV:MTS's Price-to-Tangible-Book is ranked worse than 85.31% of 2239
companies
in the Metals & Mining industry
Industry Median: 2.25
vs TSXV:MTS: 7.00
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.
Metallis Resources Price-to-Tangible-Book Related Terms
Metallis Resources Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Metallis 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 Industrial Metals & Mining subindustry, Metallis 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.
Metallis Resources Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Metallis Resources's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Metallis 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.
Metallis Resources (TSXV:MTS) has a Price-to-Tangible-Book of 8.24 as of Sep. 15, 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 Metallis Resources and its competitors. According to the industry distribution chart, Metallis Resources ranks #1910 out of 2239 companies in the Metals & Mining industry, placing it in the top 85.3%.
Is Metallis Resources' Price-to-Tangible-Book too high?
Metallis Resources' current Price-to-Tangible-Book is 8.24. The Metals & Mining industry median Price-to-Tangible-Book is 2.25. Metallis Resources' value of 8.24 is 266.2% above this industry median. Based on the distribution chart, Metallis Resources ranks #1910 out of 2239 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Metallis Resources has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Metallis Resources' Price-to-Tangible-Book compare to competitors?
According to the Metals & Mining industry distribution chart, Metallis Resources ranks #1910 out of 2239 companies for Price-to-Tangible-Book. This places Metallis Resources in the lower half of its industry. The industry median Price-to-Tangible-Book is 2.25. Metallis Resources' value of 8.24 is 266.2% 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 2.25, based on 2,239 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. Metallis Resources's current Price-to-Tangible-Book of 8.24 is 266.2% 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 Metallis Resources and its competitors. For the Metals & Mining industry, the median Price-to-Tangible-Book is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metallis Resources's current Price-to-Tangible-Book is 8.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metallis Resources stock overvalued right now?
Metallis Resources (TSXV:MTS) has a current Price-to-Tangible-Book of 8.24. The current Price-to-Tangible-Book is 8.24 and 266.2% above the Metals & Mining industry median of 2.25. Metallis Resources' overall GF Score™ is 24/100 with 2 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 Metallis Resources (TSXV:MTS), the current Price-to-Tangible-Book is 8.24 as of Sep. 15, 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.
Metallis Resources Inc is a Canada-based company engaged in the exploration of mineral properties. The Company operates in a single jurisdiction in the single business activity of exploration and evaluation of mineral properties in the United States and Canada.
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