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The historical rank and industry rank for Anglo American's Price-to-Tangible-Book or its related term are showing as below:
XSWX:AAM'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.9 Med: 1.48 Max: 3.57
Current: 3.57
During the past 13 years, Anglo American's highest Price to Tangible Book Ratio was 3.57. The lowest was 0.90. And the median was 1.48.
XSWX:AAM's Price-to-Tangible-Book is ranked worse than 66.58% of 2232
companies
in the Metals & Mining industry
Industry Median: 2.34
vs XSWX:AAM: 3.57
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.
Anglo American Price-to-Tangible-Book Related Terms
Anglo American Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Anglo American'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.
Anglo American Price-to-Tangible-Book Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Anglo American'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.
Anglo American Price-to-Tangible-Book vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Anglo American's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Anglo American'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.
Anglo American (XSWX:AAM) has a Price-to-Tangible-Book of 3.20 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 Anglo American and its competitors. According to the industry distribution chart, Anglo American ranks #1486 out of 2232 companies in the Metals & Mining industry, placing it in the top 66.6%.
Is Anglo American's Price-to-Tangible-Book too high?
Anglo American's current Price-to-Tangible-Book is 3.20. The Metals & Mining industry median Price-to-Tangible-Book is 2.34. Anglo American's value of 3.20 is 36.8% above this industry median. Based on the distribution chart, Anglo American ranks #1486 out of 2232 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Anglo American has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Anglo American's Price-to-Tangible-Book compare to competitors?
According to the Metals & Mining industry distribution chart, Anglo American ranks #1486 out of 2232 companies for Price-to-Tangible-Book. This places Anglo American in the lower half of its industry. The industry median Price-to-Tangible-Book is 2.34. Anglo American's value of 3.20 is 36.8% 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. Anglo American's current Price-to-Tangible-Book of 3.20 is 36.8% 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 Anglo American 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. Anglo American's current Price-to-Tangible-Book is 3.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anglo American stock overvalued right now?
Anglo American (XSWX:AAM) has a current Price-to-Tangible-Book of 3.20. The stock's GF Value™ is CHF18.35, compared to a current price of CHF39.80 — trading 116.9% above its estimated fair value. The current Price-to-Tangible-Book is 3.20 and 36.8% above the Metals & Mining industry median of 2.34. Anglo American's overall GF Score™ is 59/100 with 7 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 Anglo American (XSWX:AAM), the current Price-to-Tangible-Book is 3.20 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.
Is Anglo American (XSWX:AAM) Overvalued in 2026?
Based on GuruFocus' analysis, Anglo American stock appears to be overvalued.
The current stock price of CHF39.80 is trading 116.9% above its estimated GF Value™ of CHF18.35.
Key valuation signals for XSWX:AAM:
Price-to-Tangible-Book: 3.20
GF Value™: CHF18.35 vs. price of CHF39.80 (116.9% above fair value)
Industry Position: 36.8% above the Metals & Mining median (#1486 of 2232)
No single metric tells the full story. See the XSWX:AAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Previously one of the more diversified major miners, in May 2024 Anglo American announced that it will restructure to focus on copper, iron ore, and crop nutrients, while selling or spinning off its other businesses. It sold out of platinum group metals in September 2025, and will likely sell or demerge and spin off its majority-owned De Beers diamonds business, in most years the world's largest supplier and marketer of rough gem diamonds by value. It is again trying to sell its remaining metallurgical coal mines after Peabody pulled out of a deal to buy them. Anglo also plans to move back into the crop nutrients business via its Woodsmith polyhalite project in the UK. In September 2025, it also agreed to merge with Teck, with the deal likely to complete in late 2026 or early 2027.
59GF Score
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