ARSMF (Ares Strategic Mining) Cyclically Adjusted PB Ratio: 0.96 (As of Jul. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ARSMF Ares Strategic Mining Inc ARSMF
28 GF Score
Price $0.18
! 3 Warning Signs
View Full Analysis

What is Ares Strategic Mining Cyclically Adjusted PB Ratio?

Ares Strategic Mining ARSMF -2.83% 28 Cyclically Adjusted PB Ratio is 0.96 as of Jul. 20, 2026. GuruFocus rates ARSMF with a GF Score™ of 28/100. The stock has 3 warning signs investors should review. Among 1,542 Metals & Mining companies, Ares Strategic Mining ranks better than 58.11% on this metric.

As of today (2026-07-20), Ares Strategic Mining's current share price is $0.182685. Ares Strategic Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.19. Ares Strategic Mining's Cyclically Adjusted PB Ratio for today is 0.96.

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

ARSMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.99
Current: 0.99

During the past years, Ares Strategic Mining's highest Cyclically Adjusted PB Ratio was 0.99. The lowest was 0.00. And the median was 0.00.

ARSMF's Cyclically Adjusted PB Ratio is ranked better than
58.11% of 1542 companies
in the Metals & Mining industry
Industry Median: 1.375 vs ARSMF: 0.99

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.

Ares Strategic Mining's adjusted book value per share data for the three months ended in Mar. 2026 was $0.104. 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 $0.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ares Strategic Mining  (OTCPK:ARSMF) 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.


Ares Strategic Mining Cyclically Adjusted PB Ratio Related Terms


Ares Strategic Mining Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ares Strategic 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.

Ares Strategic Mining Cyclically Adjusted PB Ratio Chart

Ares Strategic Mining Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.24 0.18 0.24 0.79

Ares Strategic 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 0.37 0.66 0.79 1.33 1.65

Ares Strategic Mining Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Ares Strategic 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.


Ares Strategic Mining Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


ARSMF
28GF Score
Ares Strategic Mining Inc ARSMF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ares Strategic 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.182685/0.19
=0.96

* 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.

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

For example, Ares Strategic 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)
=0.104/132.2623*132.2623
=0.104

Current CPI (Mar. 2026) = 132.2623.

Ares Strategic Mining Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.711 102.002 2.219
201609 0.292 101.765 0.380
201612 0.331 101.449 0.432
201703 0.296 102.634 0.381
201706 0.276 103.029 0.354
201709 0.188 103.345 0.241
201712 0.172 103.345 0.220
201803 0.235 105.004 0.296
201806 0.199 105.557 0.249
201809 0.191 105.636 0.239
201812 0.178 105.399 0.223
201903 0.168 106.979 0.208
201906 0.266 107.690 0.327
201909 0.151 107.611 0.186
201912 0.159 107.769 0.195
202003 0.072 107.927 0.088
202006 0.063 108.401 0.077
202009 0.056 108.164 0.068
202012 0.065 108.559 0.079
202103 0.069 110.298 0.083
202106 0.071 111.720 0.084
202109 0.089 112.905 0.104
202112 0.097 113.774 0.113
202203 0.096 117.646 0.108
202206 0.095 120.806 0.104
202209 0.089 120.648 0.098
202212 0.079 120.964 0.086
202303 0.077 122.702 0.083
202306 0.076 124.203 0.081
202309 0.061 125.230 0.064
202312 0.064 125.072 0.068
202403 0.060 126.258 0.063
202406 0.059 127.522 0.061
202409 0.059 127.285 0.061
202412 0.053 127.364 0.055
202503 0.052 129.181 0.053
202506 0.061 129.892 0.062
202509 0.059 130.287 0.060
202512 0.086 130.366 0.087
202603 0.104 132.262 0.104

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 0.96 mean?
Ares Strategic Mining (ARSMF) has a Cyclically Adjusted PB Ratio of 0.96 as of Jul. 20, 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 Ares Strategic Mining and its competitors. According to the industry distribution chart, Ares Strategic Mining ranks #646 out of 1542 companies in the Metals & Mining industry, placing it in the top 41.9%.
Is Ares Strategic Mining's Cyclically Adjusted PB Ratio too high?
Ares Strategic Mining's current Cyclically Adjusted PB Ratio is 0.96. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.38. Ares Strategic Mining's value of 0.96 is 30.2% below this industry median. Based on the distribution chart, Ares Strategic Mining ranks #646 out of 1542 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Ares Strategic Mining has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Ares Strategic Mining's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Ares Strategic Mining ranks #646 out of 1542 companies for Cyclically Adjusted PB Ratio. This puts Ares Strategic Mining in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.38. Ares Strategic Mining's value of 0.96 is 30.2% below this benchmark. 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 1.38, based on 1,542 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. Ares Strategic Mining's current Cyclically Adjusted PB Ratio of 0.96 is 30.2% below 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 Ares Strategic Mining and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ares Strategic Mining's current Cyclically Adjusted PB Ratio is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ares Strategic Mining stock overvalued right now?
Ares Strategic Mining (ARSMF) has a current Cyclically Adjusted PB Ratio of 0.96. The current Cyclically Adjusted PB Ratio is 0.96 and 30.2% below the Metals & Mining industry median of 1.38. Ares Strategic Mining's overall GF Score™ is 28/100 with 3 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 Ares Strategic Mining (ARSMF), the current Cyclically Adjusted PB Ratio is 0.96 as of Jul. 20, 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.

Ares Strategic Mining Business Description

Other Exchanges N8I:GermanyARS:Canada
Address 409 Granville Street, Suite 1001, Vancouver, BC, CAN, V6C 1T2
Ares Strategic Mining Inc is a junior natural resource mining company. The Company has one reportable segment, being the acquisition, exploration, and development of resource properties. It is engaged in the acquisition and exploration of lithium resource properties. Its projects include Lost Sheep, Vanadium Ridge Property, Liard Property, jackpot lake property, Wilcox playa and Ontario properties.
28GF Score

Get the complete analysis for ARSMF

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

$0.18
Price