Apex Mining Co (PHS:APX) Cyclically Adjusted PB Ratio: 5.93 (As of Jul. 03, 2026) — 301% Above Median


PHS:APX Apex Mining Co Inc PHS:APX
80 GF Score
Price ₱12.16
GF Value ₱7.87
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Apex Mining Co Cyclically Adjusted PB Ratio?

Apex Mining Co PHS:APX +4.83% 80 Cyclically Adjusted PB Ratio is 5.93 as of Jul. 03, 2026, which is 301% above its 10-year median of 1.48. GuruFocus rates PHS:APX with a GF Score™ of 80/100 and a GF Value™ of ₱7.87 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,550 Metals & Mining companies, Apex Mining Co ranks worse than 83.29% on this metric.

As of today (2026-07-03), Apex Mining Co's current share price is ₱12.16. Apex Mining Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₱2.05. Apex Mining Co's Cyclically Adjusted PB Ratio for today is 5.93.

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

PHS:APX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.48   Max: 9.07
Current: 6.23

During the past years, Apex Mining Co's highest Cyclically Adjusted PB Ratio was 9.07. The lowest was 0.57. And the median was 1.48.

PHS:APX's Cyclically Adjusted PB Ratio is ranked worse than
83.29% of 1550 companies
in the Metals & Mining industry
Industry Median: 1.51 vs PHS:APX: 6.23

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.

Apex Mining Co's adjusted book value per share data for the three months ended in Mar. 2026 was ₱4.560. 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 ₱2.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apex Mining Co  (PHS:APX) 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.


Apex Mining Co Cyclically Adjusted PB Ratio Related Terms


Apex Mining Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Apex Mining Co'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.

Apex Mining Co Cyclically Adjusted PB Ratio Chart

Apex Mining Co 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 1.20 1.32 2.02 2.14 6.44

Apex Mining Co 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 3.02 3.50 5.69 6.44 7.24

PHS:APX vs NEM, AU, RGLD: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Apex Mining Co'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.


Apex Mining Co Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


PHS:APX
80GF Score
Apex Mining Co Inc PHS:APX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Apex Mining Co 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.16/2.05
=5.93

* 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.

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

For example, Apex Mining Co'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)
=4.56/330.2130*330.2130
=4.560

Current CPI (Mar. 2026) = 330.2130.

Apex Mining Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.815 241.018 1.117
201609 0.843 241.428 1.153
201612 0.851 241.432 1.164
201703 0.869 243.801 1.177
201706 0.883 244.955 1.190
201709 0.905 246.819 1.211
201712 0.933 246.524 1.250
201803 0.955 249.554 1.264
201806 0.971 251.989 1.272
201809 0.991 252.439 1.296
201812 0.912 251.233 1.199
201903 0.925 254.202 1.202
201906 0.926 256.143 1.194
201909 0.952 256.759 1.224
201912 1.028 256.974 1.321
202003 1.049 258.115 1.342
202006 1.083 257.797 1.387
202009 1.203 260.280 1.526
202012 1.299 260.474 1.647
202103 1.348 264.877 1.681
202106 1.385 271.696 1.683
202109 1.300 274.310 1.565
202112 1.452 278.802 1.720
202203 1.566 287.504 1.799
202206 1.728 296.311 1.926
202209 1.886 296.808 2.098
202212 2.035 296.797 2.264
202303 2.131 301.836 2.331
202306 2.281 305.109 2.469
202309 2.442 307.789 2.620
202312 2.576 306.746 2.773
202403 2.726 312.332 2.882
202406 2.820 314.175 2.964
202409 3.028 315.301 3.171
202412 3.259 315.605 3.410
202503 3.362 319.799 3.471
202506 3.671 322.561 3.758
202509 4.067 324.800 4.135
202512 4.678 324.054 4.767
202603 4.560 330.213 4.560

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 5.93 mean?
Apex Mining Co (PHS:APX) has a Cyclically Adjusted PB Ratio of 5.93 as of Jul. 03, 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 Apex Mining Co and its competitors. This is 301% above median its historical median of 1.48. Over the past decade, Apex Mining Co's Cyclically Adjusted PB Ratio has ranged from 0.57 to 9.07. According to the industry distribution chart, Apex Mining Co ranks #1291 out of 1550 companies in the Metals & Mining industry, placing it in the top 83.3%.
Is Apex Mining Co's Cyclically Adjusted PB Ratio too high?
Apex Mining Co's current Cyclically Adjusted PB Ratio of 5.93 is 301% above median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 9.07. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.51. Apex Mining Co's value of 5.93 is 292.7% above this industry median. Based on the distribution chart, Apex Mining Co ranks #1291 out of 1550 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Apex Mining Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex Mining Co's Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Apex Mining Co ranks #1291 out of 1550 companies for Cyclically Adjusted PB Ratio. This places Apex Mining Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Apex Mining Co's value of 5.93 is 292.7% above this benchmark. Historically, Apex Mining Co's own Cyclically Adjusted PB Ratio has ranged from 0.57 to 9.07 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 1.51, Apex Mining Co 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 1.51, based on 1,550 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. Apex Mining Co's current Cyclically Adjusted PB Ratio of 5.93 is 292.7% 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 Apex Mining Co and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Mining Co's current Cyclically Adjusted PB Ratio is 5.93, which is 301% above median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Apex Mining Co (PHS:APX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱7.87, compared to a current price of ₱12.16 — trading 54.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.93, which is 301% above median its 10-year median of 1.48 and 292.7% above the Metals & Mining industry median of 1.51. Apex Mining Co's overall GF Score™ is 80/100 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 Apex Mining Co (PHS:APX), the current Cyclically Adjusted PB Ratio is 5.93 as of Jul. 03, 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 Apex Mining Co (PHS:APX) Overvalued in 2026?

Based on GuruFocus' analysis, Apex Mining Co stock appears to be overvalued. The current stock price of ₱12.16 is trading 54.5% above its estimated GF Value™ of ₱7.87. GuruFocus considers Apex Mining Co to be Significantly Overvalued.

Key valuation signals for PHS:APX:

  • Cyclically Adjusted PB Ratio: 5.93 (301% above median its 10-year median of 1.48)
  • GF Value™: ₱7.87 vs. price of ₱12.16 (54.5% above fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 292.7% above the Metals & Mining median (#1291 of 1550)

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


Apex Mining Co Business Description

Address Exchange Road, Ortigas Center, 3304B West Tower, Tektite Towers, Pasig, PHL, 1605
Apex Mining Co Inc is a metals and minerals mining company. The company is engaged in the business of mining, milling, concentrating, converting, smelting, treating, preparing for market, manufacturing, buying, selling, exchanging and otherwise producing and dealing in gold, silver, copper, zinc, brass, iron, steel, and all kinds of ores, metals and minerals. The company is organized into business units on its products and activities and has three reportable business segments: the mining, oil and gas, and solid waste management segment. The company derives the majority of its revenue from the mining segment.
80GF 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.

₱12.16
Price
₱7.87
GF Value