AZZTF (Aztec Minerals) Cyclically Adjusted PB Ratio: 2.24 (As of Jul. 27, 2026)

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AZZTF Aztec Minerals Corp AZZTF
26 GF Score
Price $0.18
! 1 Warning Sign
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What is Aztec Minerals Cyclically Adjusted PB Ratio?

Aztec Minerals AZZTF -1.27% 26 Cyclically Adjusted PB Ratio is 2.24 as of Jul. 27, 2026. GuruFocus rates AZZTF with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 1,538 Metals & Mining companies, Aztec Minerals ranks worse than 59.23% on this metric.

As of today (2026-07-27), Aztec Minerals's current share price is $0.1789. Aztec Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.08. Aztec Minerals's Cyclically Adjusted PB Ratio for today is 2.24.

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

AZZTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.11
Current: 2.11

During the past years, Aztec Minerals's highest Cyclically Adjusted PB Ratio was 2.11. The lowest was 0.00. And the median was 0.00.

AZZTF's Cyclically Adjusted PB Ratio is ranked worse than
59.23% of 1538 companies
in the Metals & Mining industry
Industry Median: 1.415 vs AZZTF: 2.11

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.

Aztec Minerals's adjusted book value per share data for the three months ended in Mar. 2026 was $0.098. 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 $0.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aztec Minerals  (OTCPK:AZZTF) 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.


Aztec Minerals Cyclically Adjusted PB Ratio Related Terms


Aztec Minerals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aztec Minerals'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.

Aztec Minerals Cyclically Adjusted PB Ratio Chart

Aztec Minerals 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 0.00 0.00 0.00 0.00 2.60

Aztec Minerals 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 0.00 0.00 0.00 2.60 2.36

Aztec Minerals Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Aztec Minerals'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.


Aztec Minerals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


AZZTF
26GF Score
Aztec Minerals Corp AZZTF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Aztec Minerals 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.

Aztec Minerals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1789/0.08
=2.24

* 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.

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

For example, Aztec Minerals'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)
=0.098/132.2623*132.2623
=0.098

Current CPI (Mar. 2026) = 132.2623.

Aztec Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.025 101.449 0.033
201703 0.019 102.634 0.024
201706 0.112 103.029 0.144
201709 0.117 103.345 0.150
201712 0.103 103.345 0.132
201803 0.095 105.004 0.120
201806 0.087 105.557 0.109
201809 0.086 105.636 0.108
201812 0.078 105.399 0.098
201903 0.074 106.979 0.091
201906 0.082 107.690 0.101
201909 0.071 107.611 0.087
201912 0.068 107.769 0.083
202003 0.070 107.927 0.086
202006 0.063 108.401 0.077
202009 0.083 108.164 0.101
202012 0.071 108.559 0.087
202103 0.071 110.298 0.085
202106 0.073 111.720 0.086
202109 0.067 112.905 0.078
202112 0.077 113.774 0.090
202203 0.072 117.646 0.081
202206 0.090 120.806 0.099
202209 0.090 120.648 0.099
202212 0.087 120.964 0.095
202303 0.089 122.702 0.096
202306 0.090 124.203 0.096
202309 0.091 125.230 0.096
202312 0.088 125.072 0.093
202403 0.086 126.258 0.090
202406 0.083 127.522 0.086
202409 0.086 127.285 0.089
202412 0.082 127.364 0.085
202503 0.079 129.181 0.081
202506 0.087 129.892 0.089
202509 0.084 130.287 0.085
202512 0.098 130.366 0.099
202603 0.098 132.262 0.098

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 2.24 mean?
Aztec Minerals (AZZTF) has a Cyclically Adjusted PB Ratio of 2.24 as of Jul. 27, 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 Aztec Minerals and its competitors. According to the industry distribution chart, Aztec Minerals ranks #911 out of 1538 companies in the Metals & Mining industry, placing it in the top 59.2%.
Is Aztec Minerals' Cyclically Adjusted PB Ratio too high?
Aztec Minerals' current Cyclically Adjusted PB Ratio is 2.24. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.42. Aztec Minerals' value of 2.24 is 58.3% above this industry median. Based on the distribution chart, Aztec Minerals ranks #911 out of 1538 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Aztec Minerals has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Aztec Minerals' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Aztec Minerals ranks #911 out of 1538 companies for Cyclically Adjusted PB Ratio. This places Aztec Minerals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.42. Aztec Minerals' value of 2.24 is 58.3% above 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 1.42, based on 1,538 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. Aztec Minerals's current Cyclically Adjusted PB Ratio of 2.24 is 58.3% 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 Aztec Minerals 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. Aztec Minerals's current Cyclically Adjusted PB Ratio is 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aztec Minerals stock overvalued right now?
Aztec Minerals (AZZTF) has a current Cyclically Adjusted PB Ratio of 2.24. The current Cyclically Adjusted PB Ratio is 2.24 and 58.3% above the Metals & Mining industry median of 1.42. Aztec Minerals' overall GF Score™ is 26/100 with 1 warning sign 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 Aztec Minerals (AZZTF), the current Cyclically Adjusted PB Ratio is 2.24 as of Jul. 27, 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.

Aztec Minerals Business Description

Other Exchanges AZ3:GermanyAZT:Canada
Address 505 Burrard Street, Suite 1030, Vancouver, BC, CAN, V7X 1M5
Aztec Minerals Corp is a mineral exploration company focused on the discovery of large mineral deposits. Its core asset is the prospective Cervantes porphyry gold-copper property in Sonora, Mexico and the second project is the district-scale historic Tombstone properties in Arizona. It has one operating segment, Mineral Exploration, with assets located in Canada, Mexico, and the USA.
26GF Score

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

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