Mineral Resources Limited, together with subsidiaries, operates as a mining services company in Australia, China, Singapore, and internationally. It operates through five segments: Mining Services and Processing, Iron Ore, Lithium, Other Commodities, and Central. The company offers contract crushing, screening, and processing; specialized mine services, including materials handling, plant and equipment hire and maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services for resources sector. It also manages the processing, production, logistics, ship loading, marketing, and export of commodities on behalf of tenement owners; and provides specialist parts to the mining, quarrying, and recycling industries. In addition, the company has a portfolio of iron ore assets; and holds interests in the Mount Marion and Wodgina lithium projects located in Western Australia. Mineral Resources Limited was founded in 1993 and is based in Osborne Park, Australia.
P/B ratio for Mineral Resources Limited (MIN.AX)
P/B ratio as of 2024: 3.05
According to Mineral Resources Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.05. At the end of 2023 the company had a P/B ratio of 3.93.
P/B ratio history for Mineral Resources Limited from 2007 to 2024
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2024 | 3.05 |
| 2023 | 3.93 |
| 2022 | 2.83 |
| 2021 | 3.16 |
| 2020 | 1.76 |
| 2019 | 2.08 |
| 2018 | 2.33 |
| 2017 | 1.82 |
| 2016 | 1.57 |
| 2015 | 1.16 |
| 2014 | 1.60 |
| 2013 | 1.50 |
| 2012 | 1.83 |
| 2011 | 3.18 |
| 2010 | 2.50 |
| 2009 | 3.63 |
| 2008 | 6.83 |
| 2007 | 5.38 |