ALM (Almonty Industries) Cyclically Adjusted Book per Share: $0.34 (As of Jun. 2026)

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ALM Almonty Industries Inc ALM
53 GF Score
Price $15.10
GF Value $2.28
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Almonty Industries Cyclically Adjusted Book per Share?

Almonty Industries ALM +8.87% 53 Cyclically Adjusted Book per Share is $0.34 as of Jun. 2026. GuruFocus rates ALM with a GF Score™ of 53/100 and a GF Value™ of $2.28 (Significantly Overvalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Almonty Industries's adjusted book value per share for the three months ended in Jun. 2026 was $1.365. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $0.34 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Almonty Industries's average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -14.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -9.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Almonty Industries was -4.40% per year. The lowest was -14.70% per year. And the median was -10.50% per year.

As of today (2026-08-16), Almonty Industries's current stock price is $15.095. Almonty Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $0.34. Almonty Industries's Cyclically Adjusted PB Ratio of today is 44.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Almonty Industries was 71.27. The lowest was 1.03. And the median was 1.83.


Almonty Industries  (NAS:ALM) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Almonty Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.095/0.34
=44.40

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Almonty Industries was 71.27. The lowest was 1.03. And the median was 1.83.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Almonty Industries Cyclically Adjusted Book per Share Related Terms


Almonty Industries Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Almonty Industries's Cyclically Adjusted Book per Share 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.

Almonty Industries Cyclically Adjusted Book per Share Chart

Almonty Industries Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.53 0.48 0.36 0.32

Almonty Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.31 0.32 0.32 0.34

Almonty Industries Cyclically Adjusted Book per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Almonty Industries's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio 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.


Almonty Industries Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Almonty Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Almonty Industries's Cyclically Adjusted PB Ratio falls into.


ALM
53GF Score
Almonty Industries Inc ALM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Almonty Industries Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Almonty Industries's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.365/133.5265*133.5265
=1.365

Current CPI (Jun. 2026) = 133.5265.

Almonty Industries Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.471 102.002 0.617
201609 0.367 101.765 0.482
201612 0.296 101.449 0.390
201703 0.261 102.634 0.340
201706 0.294 103.029 0.381
201709 0.328 103.345 0.424
201712 0.313 103.345 0.404
201803 0.354 105.004 0.450
201806 0.375 105.557 0.474
201809 0.259 105.636 0.327
201812 0.309 105.399 0.391
201903 0.321 106.979 0.401
201906 0.328 107.690 0.407
201909 0.301 107.611 0.373
202003 0.195 107.927 0.241
202006 0.198 108.401 0.244
202009 0.197 108.164 0.243
202012 0.186 108.559 0.229
202103 0.183 110.298 0.222
202106 0.173 111.720 0.207
202109 0.202 112.905 0.239
202112 0.212 113.774 0.249
202203 0.209 117.646 0.237
202206 0.211 120.806 0.233
202209 0.171 120.648 0.189
202212 0.203 120.964 0.224
202303 0.184 122.702 0.200
202306 0.179 124.203 0.192
202309 0.158 125.230 0.168
202312 0.232 125.072 0.248
202403 0.242 126.258 0.256
202406 0.213 127.522 0.223
202409 0.238 127.285 0.250
202412 0.155 127.364 0.163
202503 0.067 129.181 0.069
202506 0.059 129.892 0.061
202509 0.551 130.287 0.565
202512 0.987 130.366 1.011
202603 0.920 132.262 0.929
202606 1.365 133.527 1.365

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $0.34 mean?
Almonty Industries (ALM) has a Cyclically Adjusted Book per Share of $0.34 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Almonty Industries and its competitors.
Is Almonty Industries' Cyclically Adjusted Book per Share too high?
Almonty Industries' current Cyclically Adjusted Book per Share is $0.34. Overall, Almonty Industries has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Almonty Industries' Cyclically Adjusted Book per Share compare to competitors?
Almonty Industries' Cyclically Adjusted Book per Share of $0.34 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Metals & Mining company?
A good Cyclically Adjusted Book per Share depends on the Metals & Mining industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Almonty Industries and its competitors. Almonty Industries's current Cyclically Adjusted Book per Share is $0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Almonty Industries stock overvalued right now?
Based on GuruFocus' analysis, Almonty Industries (ALM) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.28, compared to a current price of $15.10 — trading 562.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is $0.34. Almonty Industries' overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Almonty Industries (ALM), the current Cyclically Adjusted Book per Share is $0.34 as of Jun. 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 Almonty Industries (ALM) Overvalued in 2026?

Based on GuruFocus' analysis, Almonty Industries stock appears to be overvalued. The current stock price of $15.10 is trading 562.1% above its estimated GF Value™ of $2.28. GuruFocus considers Almonty Industries to be Significantly Overvalued.

Key valuation signals for ALM:

  • Cyclically Adjusted Book per Share: $0.34
  • GF Value™: $2.28 vs. price of $15.10 (562.1% above fair value)
  • GF Score™: 53/100 with 6 warning signs

No single metric tells the full story. See the ALM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Almonty Industries Business Description

Address 100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7
Almonty Industries Inc is engaged in the development of the Sangdong Mine in South Korea, and the Company is currently mining, processing, and shipping tungsten concentrate from the Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal (Panasqueira Mine). Additionally, the Company is evaluating its molybdenum project with inferred mineral resources on a separate property adjacent to the tungsten orebody at the Sangdong Mine, its Valtreixal tin and tungsten mine project located in Western Spain in the province of Zamora (Valtreixal Mine), and the newly-acquired Gentung Browns Lake tungsten project located in Montana, USA (Gentung-Browns Lake Project). The company has two geographical locations: the Iberian Peninsula (Spain and Portugal) and the Republic of Korea.
53GF Score

Get the complete analysis for ALM

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.10
Price
$2.28
GF Value