RANKINGS
Lowest P/B — Mining
Price-to-Book ratio compares market value to book value. Lower may signal value.
122 companies with P/B Ratio data.
Ranked by P/B Ratio(122)
| # | Ticker | Name | Market Cap | P/B Ratio |
|---|---|---|---|---|
| 1 | SBSW | $8.4B | 0.2 | |
| 2 | DRD | $2.3B | 0.3 | |
| 3 | LGO | $94M | 0.7 | |
| 4 | SND | $184M | 0.8 | |
| 5 | NC | $382M | 0.9 | |
| 6 | BTU | $3.3B | 0.9 | |
| 7 | GRO | $153M | 1.0 | |
| 8 | LAC | $1.8B | 1.0 | |
| 9 | FEAM | $77M | 1.1 | |
| 10 | IPI | $525M | 1.1 | |
| 11 | GROY | $750M | 1.1 | |
| 12 | EU | $311M | 1.1 | |
| 13 | GSM | $809M | 1.2 | |
| 14 | CNR | $4.5B | 1.2 | |
| 15 | CLF | $7.8B | 1.3 | |
| 16 | FNUC | $63M | 1.3 | |
| 17 | ELE | $1.1B | 1.5 | |
| 18 | GLDG | $250M | 1.5 | |
| 19 | FURY | $110M | 1.5 | |
| 20 | MDU | $4.4B | 1.5 | |
| 21 | NEXA | $2.0B | 1.6 | |
| 22 | FMST | $28M | 1.7 | |
| 23 | AMR | $2.5B | 1.7 | |
| 24 | TECK | $32.4B | 1.7 | |
| 25 | ODV | $853M | 1.7 | |
| 26 | BTG | $6.3B | 1.7 | |
| 27 | FSM | $3.0B | 1.8 | |
| 28 | ARLP | $3.2B | 1.8 | |
| 29 | EQX | $10.7B | 1.8 | |
| 30 | CDE | $19.9B | 1.9 | |
| 31 | CTGO | $619M | 1.9 | |
| 32 | NB | $840M | 1.9 | |
| 33 | NEXM | $102M | 1.9 | |
| 34 | CMCL | $459M | 2.0 | |
| 35 | B | $71.3B | 2.0 | |
| 36 | VALE | $69.3B | 2.0 | |
| 37 | ELBM | $69M | 2.0 | |
| 38 | EGO | $8.8B | 2.1 | |
| 39 | LAR | $1.7B | 2.1 | |
| 40 | CGAU | $3.5B | 2.1 | |
| 41 | NRP | $1.4B | 2.2 | |
| 42 | HCC | $5.0B | 2.3 | |
| 43 | NVA | $255M | 2.3 | |
| 44 | METC | $1.0B | 2.3 | |
| 45 | ATLX | $124M | 2.4 | |
| 46 | ISOU | $706M | 2.4 | |
| 47 | IAG | $10.3B | 2.4 | |
| 48 | RIO | $173.0B | 2.6 | |
| 49 | ARIS | $3.7B | 2.6 | |
| 50 | NFGC | $799M | 2.6 | |
| 51 | BVN | $9.4B | 2.6 | |
| 52 | GAU | $606M | 2.7 | |
| 53 | KNF | $4.5B | 2.9 | |
| 54 | TTAM | $3.0B | 2.9 | |
| 55 | ITRG | $554M | 3.0 | |
| 56 | FCX | $94.5B | 3.0 | |
| 57 | XPL | $79M | 3.1 | |
| 58 | MLM | $34.9B | 3.1 | |
| 59 | AG | $10.4B | 3.3 | |
| 60 | ELVR | $1.6B | 3.3 | |
| 61 | USAR | $6.2B | 3.3 | |
| 62 | NEM | $117.2B | 3.3 | |
| 63 | PZG | $118M | 3.4 | |
| 64 | ERO | $3.2B | 3.4 | |
| 65 | PAAS | $24.0B | 3.4 | |
| 66 | HBM | $11.6B | 3.6 | |
| 67 | AEM | $91.6B | 3.7 | |
| 68 | PLG | $222M | 3.7 | |
| 69 | VOXR | $402M | 3.8 | |
| 70 | AGI | $17.1B | 3.9 | |
| 71 | IE | $2.1B | 3.9 | |
| 72 | DC | $771M | 4.0 | |
| 73 | KGC | $36.0B | 4.1 | |
| 74 | PPTA | $3.4B | 4.1 | |
| 75 | THM | $709M | 4.2 | |
| 76 | BHP | $225.9B | 4.3 | |
| 77 | VMC | $36.7B | 4.3 | |
| 78 | ABAT | $492M | 4.4 | |
| 79 | SA | $3.7B | 4.5 | |
| 80 | VZLA | $1.4B | 4.5 | |
| 81 | GORO | $225M | 4.6 | |
| 82 | LEU | $3.6B | 4.6 | |
| 83 | HL | $11.9B | 4.6 | |
| 84 | IAUX | $1.4B | 4.7 | |
| 85 | SQM | $24.5B | 4.7 | |
| 86 | TGB | $2.7B | 4.8 | |
| 87 | UEC | $6.8B | 4.8 | |
| 88 | MP | $11.5B | 4.8 | |
| 89 | CMP | $1.3B | 4.9 | |
| 90 | AU | $49.0B | 4.9 | |
| 91 | USLM | $3.3B | 4.9 | |
| 92 | TRX | $375M | 5.0 | |
| 93 | USAU | $266M | 5.1 | |
| 94 | EXK | $3.0B | 5.1 | |
| 95 | ASM | $1.3B | 5.5 | |
| 96 | NXE | $7.7B | 5.7 | |
| 97 | FNV | $44.5B | 5.8 | |
| 98 | UUUU | $4.6B | 6.3 | |
| 99 | LZM | $479M | 6.6 | |
| 100 | TMQ | $799M | 6.6 |
How to turn this ranking into valuation work
Start with the company page
Validate business quality, margins, capital structure, and the current valuation context before relying on a single multiple.
Then validate WACC
A cheap multiple does not guarantee a sensible discount rate. Check cost of capital before finalizing DCF assumptions.
Finish with DCF
Use the matching DCF page to test intrinsic value so multiples, discount rates, and cash-flow assumptions stay connected.
P/B Ratio Rankings in Other Sectors
Data updated daily · Source: SEC EDGAR, Polygon.io