ARIS (Aris Mining) Cyclically Adjusted PB Ratio: 2.07 (As of Jul. 18, 2026) — 6800% Above Median

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ARIS Aris Mining Corp ARIS
69 GF Score
Price $13.94
GF Value $8.26
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Aris Mining Cyclically Adjusted PB Ratio?

Aris Mining ARIS +2.42% 69 Cyclically Adjusted PB Ratio is 2.07 as of Jul. 18, 2026, which is 6800% above its 10-year median of 0.03. GuruFocus rates ARIS with a GF Score™ of 69/100 and a GF Value™ of $8.26 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,547 Metals & Mining companies, Aris Mining ranks worse than 58.18% on this metric.

As of today (2026-07-18), Aris Mining's current share price is $13.94. Aris Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $6.75. Aris Mining's Cyclically Adjusted PB Ratio for today is 2.07.

The historical rank and industry rank for Aris Mining's Cyclically Adjusted PB Ratio or its related term are showing as below:

ARIS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 3.11
Current: 2.08

During the past years, Aris Mining's highest Cyclically Adjusted PB Ratio was 3.11. The lowest was 0.01. And the median was 0.03.

ARIS's Cyclically Adjusted PB Ratio is ranked worse than
58.18% of 1547 companies
in the Metals & Mining industry
Industry Median: 1.42 vs ARIS: 2.08

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.

Aris Mining's adjusted book value per share data for the three months ended in Mar. 2026 was $7.618. 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 $6.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aris Mining  (NYSE:ARIS) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Aris Mining Cyclically Adjusted PB Ratio Related Terms


Aris Mining Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aris Mining's Cyclically Adjusted PB Ratio 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.

Aris Mining Cyclically Adjusted PB Ratio Chart

Aris Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.09 0.18 2.24

Aris Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 0.28 0.50 0.97 2.24 2.75

ARIS vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Aris Mining'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.


Aris Mining Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


ARIS
69GF Score
Aris Mining Corp ARIS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aris Mining Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Aris Mining's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.94/6.75
=2.07

* 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.

Aris Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Aris Mining's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=7.618/132.2623*132.2623
=7.618

Current CPI (Mar. 2026) = 132.2623.

Aris Mining Quarterly Data

Book Value per Share CPI Adj_Book
201606 19.739 102.002 25.595
201609 11.318 101.765 14.710
201612 9.867 101.449 12.864
201703 9.504 102.634 12.248
201706 10.759 103.029 13.812
201709 11.214 103.345 14.352
201712 10.752 103.345 13.761
201803 10.831 105.004 13.643
201806 7.175 105.557 8.990
201809 5.397 105.636 6.757
201812 5.100 105.399 6.400
201903 5.395 106.979 6.670
201906 5.263 107.690 6.464
201909 4.889 107.611 6.009
201912 2.197 107.769 2.696
202003 2.231 107.927 2.734
202006 2.205 108.401 2.690
202009 2.742 108.164 3.353
202012 2.489 108.559 3.032
202103 4.522 110.298 5.423
202106 4.781 111.720 5.660
202109 4.962 112.905 5.813
202112 4.883 113.774 5.676
202203 5.046 117.646 5.673
202206 5.197 120.806 5.690
202209 3.788 120.648 4.153
202212 3.645 120.964 3.985
202303 3.766 122.702 4.059
202306 4.165 124.203 4.435
202309 4.361 125.230 4.606
202312 4.541 125.072 4.802
202403 4.473 126.258 4.686
202406 4.813 127.522 4.992
202409 4.741 127.285 4.926
202412 4.669 127.364 4.849
202503 4.865 129.181 4.981
202506 3.433 129.892 3.496
202509 5.561 130.287 5.645
202512 7.036 130.366 7.138
202603 7.618 132.262 7.618

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

What does a Cyclically Adjusted PB Ratio of 2.07 mean?
Aris Mining (ARIS) has a Cyclically Adjusted PB Ratio of 2.07 as of Jul. 18, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Aris Mining and its competitors. This is 6800% above median its historical median of 0.03. Over the past decade, Aris Mining's Cyclically Adjusted PB Ratio has ranged from 0.01 to 3.11. According to the industry distribution chart, Aris Mining ranks #900 out of 1547 companies in the Metals & Mining industry, placing it in the top 58.2%.
Is Aris Mining's Cyclically Adjusted PB Ratio too high?
Aris Mining's current Cyclically Adjusted PB Ratio of 2.07 is 6800% above median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 3.11. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.42. Aris Mining's value of 2.07 is 45.8% above this industry median. Based on the distribution chart, Aris Mining ranks #900 out of 1547 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Aris Mining has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aris Mining's Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Aris Mining ranks #900 out of 1547 companies for Cyclically Adjusted PB Ratio. This places Aris Mining in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.42. Aris Mining's value of 2.07 is 45.8% above this benchmark. Historically, Aris Mining's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 3.11 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 1.42, Aris Mining has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.42, based on 1,547 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aris Mining's current Cyclically Adjusted PB Ratio of 2.07 is 45.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Aris Mining and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aris Mining's current Cyclically Adjusted PB Ratio is 2.07, which is 6800% above median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aris Mining stock overvalued right now?
Based on GuruFocus' analysis, Aris Mining (ARIS) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.26, compared to a current price of $13.94 — trading 68.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.07, which is 6800% above median its 10-year median of 0.03 and 45.8% above the Metals & Mining industry median of 1.42. Aris Mining's overall GF Score™ is 69/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Aris Mining (ARIS), the current Cyclically Adjusted PB Ratio is 2.07 as of Jul. 18, 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 Aris Mining (ARIS) Overvalued in 2026?

Based on GuruFocus' analysis, Aris Mining stock appears to be overvalued. The current stock price of $13.94 is trading 68.8% above its estimated GF Value™ of $8.26. GuruFocus considers Aris Mining to be Significantly Overvalued.

Key valuation signals for ARIS:

  • Cyclically Adjusted PB Ratio: 2.07 (6800% above median its 10-year median of 0.03)
  • GF Value™: $8.26 vs. price of $13.94 (68.8% above fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 45.8% above the Metals & Mining median (#900 of 1547)

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


Aris Mining Business Description

Other Exchanges ZP1:GermanyARIS:Canada
Address 1021 W Hastings Street, Suite 2400, Vancouver, BC, CAN, V6E 0C3
Aris Mining Corp is a Canadian gold mining company focused on South America. It is mainly engaged in the acquisition, exploration, development, and operation of gold properties in Colombia and Guyana. Aris Mining operates the Segovia and Marmato Mines and the Soto Norte Project in Colombia. Additionally, it owns the Toroparu Project in Guyana. The company considers its Segovia and Marmato Mines in Colombia, its Toroparu Project in Guyana, its Soto Norte Project in Colombia, and its corporate functions in Canada and other corporate entities as its reportable segments. The majority of its revenue is generated from operations at the Segovia mines in Colombia.
69GF Score

Get the complete analysis for ARIS

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

$13.94
Price
$8.26
GF Value