Orvana Minerals (TSX:ORV) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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.

TSX:ORV Orvana Minerals Corp TSX:ORV
36 GF Score
Price C$2.73
GF Value C$0.67
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Orvana Minerals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Orvana Minerals  (TSX:ORV) 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.


Orvana Minerals Cyclically Adjusted PB Ratio Related Terms


Orvana Minerals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Orvana 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.

Orvana Minerals Cyclically Adjusted PB Ratio Chart

Orvana Minerals 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 0.35 0.21 0.16 0.47 0.79

Orvana Minerals 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 0.63 0.76 2.65 2.13 2.06

TSX:ORV vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Orvana 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.


Orvana Minerals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSX:ORV
36GF Score
Orvana Minerals Corp TSX:ORV
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orvana 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.

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

For example, Orvana Minerals'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)
=0.781/133.5265*133.5265
=0.781

Current CPI (Jun. 2026) = 133.5265.

Orvana Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.001 101.765 1.313
201612 0.942 101.449 1.240
201703 0.915 102.634 1.190
201706 0.859 103.029 1.113
201709 0.811 103.345 1.048
201712 0.782 103.345 1.010
201803 0.772 105.004 0.982
201806 0.760 105.557 0.961
201809 0.735 105.636 0.929
201812 0.766 105.399 0.970
201903 0.783 106.979 0.977
201906 0.728 107.690 0.903
201909 0.703 107.611 0.872
201912 0.662 107.769 0.820
202003 0.698 107.927 0.864
202006 0.621 108.401 0.765
202009 0.694 108.164 0.857
202012 0.680 108.559 0.836
202103 0.663 110.298 0.803
202106 0.646 111.720 0.772
202109 0.648 112.905 0.766
202112 0.650 113.774 0.763
202203 0.587 117.646 0.666
202206 0.587 120.806 0.649
202209 0.545 120.648 0.603
202212 0.547 120.964 0.604
202303 0.538 122.702 0.585
202306 0.524 124.203 0.563
202309 0.560 125.230 0.597
202312 0.489 125.072 0.522
202403 0.510 126.258 0.539
202406 0.545 127.522 0.571
202409 0.533 127.285 0.559
202412 0.550 127.364 0.577
202503 0.578 129.181 0.597
202506 0.568 129.892 0.584
202509 0.462 130.287 0.473
202512 0.392 130.366 0.402
202603 0.577 132.262 0.583
202606 0.781 133.527 0.781

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.

Is Orvana Minerals (TSX:ORV) Overvalued in 2026?

Based on GuruFocus' analysis, Orvana Minerals stock appears to be overvalued. The current stock price of C$2.73 is trading 307.5% above its estimated GF Value™ of C$0.67. GuruFocus considers Orvana Minerals to be Significantly Overvalued.

Key valuation signals for TSX:ORV:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: C$0.67 vs. price of C$2.73 (307.5% above fair value)
  • GF Score™: 36/100 with 5 warning signs

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


Orvana Minerals Business Description

Other Exchanges ORVMF:USAO6M:Germany
Address 70 York Street, Suite 1710, Toronto, ON, CAN, M5J 1S9
Orvana Minerals Corp is a Canadian mining and exploration company that is involved in the evaluation, development, and mining of precious and base metal deposits. The company predominantly operates in the gold and copper mining industry and its majority of the products are gold dore and gold/copper concentrates. Its properties include El Valle and Carles mines and the El Valle processing plant (collectively, El Valle), producer of copper concentrate and dore, Don Mario Operation and Taguas Property. The company's segments include Orovalle, which operates El Valle Mine in Spain, EMIPA which operates Don Mario Mine in Bolivia, Orvana Argentina and Corporate. Majority of the revenue for the company is generated from its Orovalle segment.
36GF Score

Get the complete analysis for TSX:ORV

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

C$2.73
Price
C$0.67
GF Value