Alphamin Resources (JSE:APH) Cyclically Adjusted Book per Share: R3.68 (As of Jun. 2026)

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JSE:APH Alphamin Resources Corp JSE:APH
98 GF Score
Price R18.10
GF Value R25.13
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Alphamin Resources Cyclically Adjusted Book per Share?

Alphamin Resources JSE:APH +1.17% 98 Cyclically Adjusted Book per Share is R3.68 as of Jun. 2026. GuruFocus rates JSE:APH with a GF Score™ of 98/100 and a GF Value™ of R25.13 (Modestly Undervalued). The stock has 4 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.

Alphamin Resources's adjusted book value per share for the three months ended in Jun. 2026 was R5.013. 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 R3.68 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Alphamin Resources's average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.40% 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 Alphamin Resources was 37.50% per year. The lowest was 2.40% per year. And the median was 10.10% per year.

As of today (2026-08-27), Alphamin Resources's current stock price is R18.10. Alphamin Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R3.68. Alphamin Resources's Cyclically Adjusted PB Ratio of today is 4.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alphamin Resources was 5.06. The lowest was 0.50. And the median was 3.11.


Alphamin Resources  (JSE:APH) 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.

Alphamin Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.10/3.68
=4.92

* 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 Alphamin Resources was 5.06. The lowest was 0.50. And the median was 3.11.


Be Aware

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


Alphamin Resources Cyclically Adjusted Book per Share Related Terms


Alphamin Resources Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Alphamin Resources'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.

Alphamin Resources Cyclically Adjusted Book per Share Chart

Alphamin Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.45 3.25 3.80 3.69 3.86

Alphamin Resources 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 3.80 3.69 3.86 3.99 3.68

Alphamin Resources Cyclically Adjusted Book per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Alphamin Resources'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.


Alphamin Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


JSE:APH
98GF Score
Alphamin Resources Corp JSE:APH
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alphamin Resources 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, Alphamin Resources'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)
=5.013/333.9520*333.9520
=5.013

Current CPI (Jun. 2026) = 333.9520.

Alphamin Resources Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.535 241.428 3.507
201612 2.251 241.432 3.114
201703 2.064 243.801 2.827
201706 2.238 244.955 3.051
201709 2.049 246.819 2.772
201712 2.101 246.524 2.846
201803 1.973 249.554 2.640
201806 2.227 251.989 2.951
201809 2.491 252.439 3.295
201812 2.392 251.233 3.180
201903 2.420 254.202 3.179
201906 2.278 256.143 2.970
201909 2.326 256.759 3.025
201912 2.415 256.974 3.138
202003 2.736 258.115 3.540
202006 2.525 257.797 3.271
202009 2.457 260.280 3.152
202012 2.165 260.474 2.776
202103 2.297 264.877 2.896
202106 2.184 271.696 2.684
202109 2.549 274.310 3.103
202112 3.458 278.802 4.142
202203 3.465 287.504 4.025
202206 4.011 296.311 4.521
202209 4.339 296.808 4.882
202212 4.347 296.797 4.891
202303 4.436 301.836 4.908
202306 4.770 305.109 5.221
202309 4.587 307.789 4.977
202312 4.569 306.746 4.974
202403 4.929 312.332 5.270
202406 4.685 314.175 4.980
202409 4.932 315.301 5.224
202412 4.752 315.605 5.028
202503 5.113 319.799 5.339
202506 5.432 322.561 5.624
202509 4.912 324.800 5.050
202512 5.019 324.054 5.172
202603 5.857 330.213 5.923
202606 5.013 333.952 5.013

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 R3.68 mean?
Alphamin Resources (JSE:APH) has a Cyclically Adjusted Book per Share of R3.68 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 Alphamin Resources and its competitors.
Is Alphamin Resources' Cyclically Adjusted Book per Share too high?
Alphamin Resources' current Cyclically Adjusted Book per Share is R3.68. Overall, Alphamin Resources has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alphamin Resources' Cyclically Adjusted Book per Share compare to competitors?
Alphamin Resources' Cyclically Adjusted Book per Share of R3.68 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 Alphamin Resources and its competitors. Alphamin Resources's current Cyclically Adjusted Book per Share is R3.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alphamin Resources stock overvalued right now?
Based on GuruFocus' analysis, Alphamin Resources (JSE:APH) is currently considered Modestly Undervalued. The stock's GF Value™ is R25.13, compared to a current price of R18.10 — trading 28% below its estimated fair value. The current Cyclically Adjusted Book per Share is R3.68. Alphamin Resources' overall GF Score™ is 98/100 with 4 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 Alphamin Resources (JSE:APH), the current Cyclically Adjusted Book per Share is R3.68 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 Alphamin Resources (JSE:APH) Overvalued in 2026?

Based on GuruFocus' analysis, Alphamin Resources stock appears to be undervalued. The current stock price of R18.10 is trading 28% below its estimated GF Value™ of R25.13. GuruFocus considers Alphamin Resources to be Modestly Undervalued.

Key valuation signals for JSE:APH:

  • Cyclically Adjusted Book per Share: R3.68
  • GF Value™: R25.13 vs. price of R18.10 (28% below fair value)
  • GF Score™: 98/100 with 4 warning signs

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


Alphamin Resources Business Description

Address C/o Adansonia Management Services Limited, Suite 1, Perrieri Office Suites, C2-302, Level 3, La Croisette, Office Block C, Grand Baie, MUS, 30517
Alphamin Resources Corp is engaged in the business of the production and sale of tin concentrate from the Bisie Tin mine in the Democratic Republic of the Congo (DRC). The company considers its business to consist of one reportable operating segment, being the production and sale of tin from its Bisie tin mine.
98GF Score

Get the complete analysis for JSE:APH

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

R18.10
Price
R25.13
GF Value