Harmony Gold Mining Company Limited

HMY Basic Materials Gold

Harmony Gold Mining Company Limited’s revenue for fiscal 2026 (year ended June 2026) was $5.9 billion, up 44.3% from fiscal 2025.

16.95 0.54 +3.29%
Market cap
$10.6B
P/E
52.0×
Fwd P/E
4.8×
Dividend yield
4.60%
F-score
6/9
Altman Z
4.14
Beneish M
−2.22
Dividend safety
70/100

Harmony Gold Mining Company Limited (HMY) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Harmony Gold Mining Company Limited (HMY) trades at a P/B ratio of 2.4×. Over the past ten years it has ranged from 0.1× (September 2015) to 3.7× (January 2026); the current reading is higher than 91% of that period. That is in line with the Gold industry median of 2.4× and above the Basic Materials sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2026 2.2× (8.25%)
FY2025 2.4× 26.58%
FY2024 1.9× 87.68%
FY2023 1.0× 34.09%
FY2022 0.7× (0.36%)
FY2021 0.7× (44.69%)
FY2020 1.3× 133.15%
FY2019 0.6× 41.05%
FY2018 0.4× (1.82%)
FY2017 0.4× (54.29%)

Quarterly newest first

Period P/B ratio Change
Jun 2023 1.4× 17.60%
Dec 2022 1.2× 16.86%
Jun 2022 1.0× (16.38%)
Dec 2021 1.2× 17.79%
10 more quarters

Against its own ten years

Low 0.1× High 3.7×
Ten-year median 0.8×
Current reading's percentile 90

P/B ratio against peers

Company P/B ratio
EQX Equinox Gold Corp. compare 1.4×
CDE Coeur Mining, Inc. compare 1.4×
SSRM Silver Standard Resources Inc. compare 1.7×
BTG B2Gold Corp compare 1.8×
OGC Oceanagold Corp. compare 2.3×
HMY Harmony Gold Mining Company Limited 2.4×
RGLD Royal Gold, Inc. compare 2.9×
OR OR Royalties Inc. compare 4.5×
AUGO Aura Minerals Inc. compare 13.2×
Gold industry median 2.4×
Basic Materials sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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