Alamos Gold (MEX:AGIN) Cyclically Adjusted PB Ratio: 4.01 (As of Aug. 11, 2026) — 178% Above Median

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Founder & CEO of GuruFocus
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MEX:AGIN Alamos Gold Inc MEX:AGIN
93 GF Score
Price MXN540.00
GF Value MXN619.47
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Alamos Gold Cyclically Adjusted PB Ratio?

Alamos Gold MEX:AGIN 93 Cyclically Adjusted PB Ratio is 4.01 as of Aug. 11, 2026, which is 178% above its 10-year median of 1.44. GuruFocus rates MEX:AGIN with a GF Score™ of 93/100 and a GF Value™ of MXN619.47 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,528 Metals & Mining companies, Alamos Gold ranks worse than 73.56% on this metric.

As of today (2026-08-11), Alamos Gold's current share price is MXN540.00. Alamos Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN134.52. Alamos Gold's Cyclically Adjusted PB Ratio for today is 4.01.

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

MEX:AGIN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.44   Max: 6.7
Current: 4.03

During the past years, Alamos Gold's highest Cyclically Adjusted PB Ratio was 6.70. The lowest was 0.57. And the median was 1.44.

MEX:AGIN's Cyclically Adjusted PB Ratio is ranked worse than
73.56% of 1528 companies
in the Metals & Mining industry
Industry Median: 1.555 vs MEX:AGIN: 4.03

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.

Alamos Gold's adjusted book value per share data for the three months ended in Jun. 2026 was MXN200.294. 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 MXN134.52 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alamos Gold  (MEX:AGIN) 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.


Alamos Gold Cyclically Adjusted PB Ratio Related Terms


Alamos Gold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alamos Gold'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.

Alamos Gold Cyclically Adjusted PB Ratio Chart

Alamos Gold 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 1.06 1.36 1.69 2.48 4.81

Alamos Gold Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.33 4.43 4.81 5.49 3.74

MEX:AGIN vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Alamos Gold'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.


Alamos Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


MEX:AGIN
93GF Score
Alamos Gold Inc MEX:AGIN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alamos Gold 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.

Alamos Gold's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=540.00/134.52
=4.01

* 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.

Alamos Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Alamos Gold'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)
=200.294/133.5265*133.5265
=200.294

Current CPI (Jun. 2026) = 133.5265.

Alamos Gold Quarterly Data

Book Value per Share CPI Adj_Book
201609 128.852 101.765 169.068
201612 135.817 101.449 178.762
201703 126.330 102.634 164.355
201706 121.681 103.029 157.700
201709 123.947 103.345 160.146
201712 135.331 103.345 174.854
201803 125.038 105.004 159.002
201806 134.438 105.557 170.060
201809 128.115 105.636 161.941
201812 130.597 105.399 165.449
201903 130.326 106.979 162.667
201906 129.868 107.690 161.025
201909 134.110 107.611 166.407
201912 129.744 107.769 160.753
202003 159.290 107.927 197.072
202006 158.417 108.401 195.135
202009 155.802 108.164 192.334
202012 144.413 108.559 177.626
202103 150.490 110.298 182.184
202106 137.336 111.720 164.143
202109 142.602 112.905 168.648
202112 143.199 113.774 168.060
202203 138.118 117.646 156.763
202206 138.682 120.806 153.285
202209 137.065 120.648 151.696
202212 134.712 120.964 148.702
202303 126.484 122.702 137.642
202306 123.471 124.203 132.739
202309 126.427 125.230 134.802
202312 125.012 125.072 133.462
202403 123.583 126.258 130.698
202406 140.422 127.522 147.034
202409 164.375 127.285 172.436
202412 177.824 127.364 186.428
202503 175.026 129.181 180.914
202506 168.089 129.892 172.792
202509 176.134 130.287 180.513
202512 190.658 130.366 195.280
202603 197.853 132.262 199.744
202606 200.294 133.527 200.294

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 4.01 mean?
Alamos Gold (MEX:AGIN) has a Cyclically Adjusted PB Ratio of 4.01 as of Aug. 11, 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 Alamos Gold and its competitors. This is 178% above median its historical median of 1.44. Over the past decade, Alamos Gold's Cyclically Adjusted PB Ratio has ranged from 0.57 to 6.70. According to the industry distribution chart, Alamos Gold ranks #1124 out of 1528 companies in the Metals & Mining industry, placing it in the top 73.6%.
Is Alamos Gold's Cyclically Adjusted PB Ratio too high?
Alamos Gold's current Cyclically Adjusted PB Ratio of 4.01 is 178% above median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 6.70. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.56. Alamos Gold's value of 4.01 is 157.9% above this industry median. Based on the distribution chart, Alamos Gold ranks #1124 out of 1528 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Alamos Gold has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alamos Gold's Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Alamos Gold ranks #1124 out of 1528 companies for Cyclically Adjusted PB Ratio. This places Alamos Gold in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Alamos Gold's value of 4.01 is 157.9% above this benchmark. Historically, Alamos Gold's own Cyclically Adjusted PB Ratio has ranged from 0.57 to 6.70 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 1.56, Alamos Gold 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 1.56, based on 1,528 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. Alamos Gold's current Cyclically Adjusted PB Ratio of 4.01 is 157.9% 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 Alamos Gold and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alamos Gold's current Cyclically Adjusted PB Ratio is 4.01, which is 178% above median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alamos Gold stock overvalued right now?
Based on GuruFocus' analysis, Alamos Gold (MEX:AGIN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN619.47, compared to a current price of MXN540.00 — trading 12.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.01, which is 178% above median its 10-year median of 1.44 and 157.9% above the Metals & Mining industry median of 1.56. Alamos Gold's overall GF Score™ is 93/100 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 Alamos Gold (MEX:AGIN), the current Cyclically Adjusted PB Ratio is 4.01 as of Aug. 11, 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 Alamos Gold (MEX:AGIN) Overvalued in 2026?

Based on GuruFocus' analysis, Alamos Gold stock appears to be undervalued. The current stock price of MXN540.00 is trading 12.8% below its estimated GF Value™ of MXN619.47. GuruFocus considers Alamos Gold to be Modestly Undervalued.

Key valuation signals for MEX:AGIN:

  • Cyclically Adjusted PB Ratio: 4.01 (178% above median its 10-year median of 1.44)
  • GF Value™: MXN619.47 vs. price of MXN540.00 (12.8% below fair value)
  • GF Score™: 93/100 with 1 warning sign
  • Industry Position: 157.9% above the Metals & Mining median (#1124 of 1528)

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


Alamos Gold Business Description

Address 181 Bay Street, Brookfield Place, Suite 3910, Toronto, ON, CAN, M5J 2T3
Alamos Gold Inc acquires, explores, and produces gold and other precious metals, and operates in two principal geographic areas: Canada and Mexico. The company has three operating segments being Young-Davidson, Island Gold District's operation operates in Canada, and the Mulatos mine operates in Sonora, Mexico. The company generates maximum revenue from the Island Gold District mines.
93GF Score

Get the complete analysis for MEX:AGIN

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

MXN540.00
Price
MXN619.47
GF Value