Orvana Minerals (TSX:ORV) Cyclically Adjusted PB Ratio: 2.24 (As of Jul. 19, 2026) — 796% Above Median

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TSX:ORV Orvana Minerals Corp TSX:ORV
41 GF Score
Price C$1.77
GF Value C$0.46
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Orvana Minerals Cyclically Adjusted PB Ratio?

Orvana Minerals TSX:ORV -2.75% 41 Cyclically Adjusted PB Ratio is 2.24 as of Jul. 19, 2026, which is 796% above its 10-year median of 0.25. GuruFocus rates TSX:ORV with a GF Score™ of 41/100 and a GF Value™ of C$0.46 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,545 Metals & Mining companies, Orvana Minerals ranks worse than 61.29% on this metric.

As of today (2026-07-19), Orvana Minerals's current share price is C$1.77. Orvana Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.79. Orvana Minerals's Cyclically Adjusted PB Ratio for today is 2.24.

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

TSX:ORV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.25   Max: 2.99
Current: 2.25

During the past years, Orvana Minerals's highest Cyclically Adjusted PB Ratio was 2.99. The lowest was 0.12. And the median was 0.25.

TSX:ORV's Cyclically Adjusted PB Ratio is ranked worse than
61.29% of 1545 companies
in the Metals & Mining industry
Industry Median: 1.39 vs TSX:ORV: 2.25

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.

Orvana Minerals's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.567. 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 C$0.79 for the trailing ten years ended in Mar. 2026.

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 0.34 0.20 0.15 0.46 0.76

Orvana 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 0.45 0.63 0.76 2.64 2.12

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
41GF 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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.77/0.79
=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.

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

For example, Orvana 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)
=0.567/132.2623*132.2623
=0.567

Current CPI (Mar. 2026) = 132.2623.

Orvana Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.997 102.002 1.293
201609 0.999 101.765 1.298
201612 0.937 101.449 1.222
201703 0.919 102.634 1.184
201706 0.879 103.029 1.128
201709 0.796 103.345 1.019
201712 0.797 103.345 1.020
201803 0.775 105.004 0.976
201806 0.758 105.557 0.950
201809 0.741 105.636 0.928
201812 0.754 105.399 0.946
201903 0.783 106.979 0.968
201906 0.741 107.690 0.910
201909 0.703 107.611 0.864
201912 0.673 107.769 0.826
202003 0.685 107.927 0.839
202006 0.618 108.401 0.754
202009 0.687 108.164 0.840
202012 0.683 108.559 0.832
202103 0.663 110.298 0.795
202106 0.637 111.720 0.754
202109 0.650 112.905 0.761
202112 0.659 113.774 0.766
202203 0.595 117.646 0.669
202206 0.583 120.806 0.638
202209 0.529 120.648 0.580
202212 0.548 120.964 0.599
202303 0.544 122.702 0.586
202306 0.527 124.203 0.561
202309 0.560 125.230 0.591
202312 0.497 125.072 0.526
202403 0.510 126.258 0.534
202406 0.546 127.522 0.566
202409 0.535 127.285 0.556
202412 0.545 127.364 0.566
202503 0.576 129.181 0.590
202506 0.568 129.892 0.578
202509 0.459 130.287 0.466
202512 0.395 130.366 0.401
202603 0.567 132.262 0.567

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?
Orvana Minerals (TSX:ORV) has a Cyclically Adjusted PB Ratio of 2.24 as of Jul. 19, 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 Orvana Minerals and its competitors. This is 796% above median its historical median of 0.25. Over the past decade, Orvana Minerals' Cyclically Adjusted PB Ratio has ranged from 0.12 to 2.99. According to the industry distribution chart, Orvana Minerals ranks #947 out of 1545 companies in the Metals & Mining industry, placing it in the top 61.3%.
Is Orvana Minerals' Cyclically Adjusted PB Ratio too high?
Orvana Minerals' current Cyclically Adjusted PB Ratio of 2.24 is 796% above median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 2.99. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.39. Orvana Minerals' value of 2.24 is 61.2% above this industry median. Based on the distribution chart, Orvana Minerals ranks #947 out of 1545 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Orvana Minerals has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Orvana Minerals' Cyclically Adjusted PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Orvana Minerals ranks #947 out of 1545 companies for Cyclically Adjusted PB Ratio. This places Orvana Minerals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.39. Orvana Minerals' value of 2.24 is 61.2% above this benchmark. Historically, Orvana Minerals' own Cyclically Adjusted PB Ratio has ranged from 0.12 to 2.99 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 1.39, Orvana Minerals 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 1.39, based on 1,545 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. Orvana Minerals's current Cyclically Adjusted PB Ratio of 2.24 is 61.2% 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 Orvana Minerals and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orvana Minerals's current Cyclically Adjusted PB Ratio is 2.24, which is 796% above median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orvana Minerals stock overvalued right now?
Based on GuruFocus' analysis, Orvana Minerals (TSX:ORV) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.46, compared to a current price of C$1.77 — trading 284.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.24, which is 796% above median its 10-year median of 0.25 and 61.2% above the Metals & Mining industry median of 1.39. Orvana Minerals' overall GF Score™ is 41/100 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 Orvana Minerals (TSX:ORV), the current Cyclically Adjusted PB Ratio is 2.24 as of Jul. 19, 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 Orvana Minerals (TSX:ORV) Overvalued in 2026?

Based on GuruFocus' analysis, Orvana Minerals stock appears to be overvalued. The current stock price of C$1.77 is trading 284.8% above its estimated GF Value™ of C$0.46. GuruFocus considers Orvana Minerals to be Significantly Overvalued.

Key valuation signals for TSX:ORV:

  • Cyclically Adjusted PB Ratio: 2.24 (796% above median its 10-year median of 0.25)
  • GF Value™: C$0.46 vs. price of C$1.77 (284.8% above fair value)
  • GF Score™: 41/100 with 3 warning signs
  • Industry Position: 61.2% above the Metals & Mining median (#947 of 1545)

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.
41GF 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$1.77
Price
C$0.46
GF Value