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TMC the metals price to book ratio TMC

Market value divided by the book value of the company's net assets, since 2021.

Today, Oct 23, 2026
n/m
not a meaningful number
Last meaningful
28.4×
Nov 2025
5-year median
5.4×
5-year range
1.8× to 182×
Peer median
1.3×

TMC the metals' price to book ratio is not a meaningful number today: shareholders' equity was zero, negative or not reported, so price to book does not exist.

It was last meaningful in Nov 2025, at 28.4×.

On the days it had one over the last 5 years, its median was 5.4×, from 1.8× in Dec 2022 to 182× in Aug 2024.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
202528.4×24.1×44.1×
2024181×6.8×182×
20236.1×2.7×12.8×
20222.6×1.8×6.0×
20214.4×4.1×8.2×

Against its peers

Companies in Basic Materials nearest TMC the metals' size, closest first, today.

CompanyPrice to book ratio
TMCTMC the metalsn/m
AVOMission Produce1.3×
GPREGreen Plains1.1×
CRONCronos1.2×
APOGApogee Enterprises1.7×
MUXMcEwen1.3×
REXREX AMERICAN RESOURCES2.0×
UANCVR Partners3.8×
FTKFlotek Industries6.7×
MTUSMetallus1.2×
DMCDEL Monte0.7×
Peer median1.3×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on TMC the metals

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.