Arizona Gold & Silver (TSXV:AZS) Cyclically Adjusted PB Ratio: 7.73 (As of Aug. 23, 2026)

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TSXV:AZS Arizona Gold & Silver Inc TSXV:AZS
36 GF Score
Price C$0.85
! 1 Warning Sign
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What is Arizona Gold & Silver Cyclically Adjusted PB Ratio?

Arizona Gold & Silver TSXV:AZS 36 Cyclically Adjusted PB Ratio is 7.73 as of Aug. 23, 2026. GuruFocus rates TSXV:AZS with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 1,518 Metals & Mining companies, Arizona Gold & Silver ranks worse than 86.36% on this metric.

As of today (2026-08-23), Arizona Gold & Silver's current share price is C$0.85. Arizona Gold & Silver's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was C$0.11. Arizona Gold & Silver's Cyclically Adjusted PB Ratio for today is 7.73.

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

TSXV:AZS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 7.77
Current: 7.77

During the past years, Arizona Gold & Silver's highest Cyclically Adjusted PB Ratio was 7.77. The lowest was 0.00. And the median was 0.00.

TSXV:AZS's Cyclically Adjusted PB Ratio is ranked worse than
86.36% of 1518 companies
in the Metals & Mining industry
Industry Median: 1.56 vs TSXV:AZS: 7.77

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.

Arizona Gold & Silver's adjusted book value per share data for the three months ended in May. 2026 was C$0.157. 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$0.11 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arizona Gold & Silver  (TSXV:AZS) 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.


Arizona Gold & Silver Cyclically Adjusted PB Ratio Related Terms


Arizona Gold & Silver Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Arizona Gold & Silver'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.

Arizona Gold & Silver Cyclically Adjusted PB Ratio Chart

Arizona Gold & Silver Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.12 3.39 4.67 3.93 3.35

Arizona Gold & Silver Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 2.89 3.35 7.40 6.86 4.75

TSXV:AZS vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Arizona Gold & Silver'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.


Arizona Gold & Silver Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:AZS
36GF Score
Arizona Gold & Silver Inc TSXV:AZS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arizona Gold & Silver 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.

Arizona Gold & Silver's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.85/0.11
=7.73

* 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.

Arizona Gold & Silver's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, Arizona Gold & Silver's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0.157/134.0005*134.0005
=0.157

Current CPI (May. 2026) = 134.0005.

Arizona Gold & Silver Quarterly Data

Book Value per Share CPI Adj_Book
201608 0.009 101.686 0.012
201611 0.064 101.607 0.084
201702 0.068 102.476 0.089
201705 0.090 103.108 0.117
201708 0.091 103.108 0.118
201711 0.088 103.740 0.114
201802 0.084 104.688 0.108
201805 0.082 105.399 0.104
201808 0.081 106.031 0.102
201811 0.077 105.478 0.098
201902 0.076 106.268 0.096
201905 0.074 107.927 0.092
201908 0.071 108.085 0.088
201911 0.072 107.769 0.090
202002 0.068 108.559 0.084
202005 0.084 107.532 0.105
202008 0.084 108.243 0.104
202011 0.084 108.796 0.103
202102 0.104 109.745 0.127
202105 0.103 111.404 0.124
202108 0.101 112.668 0.120
202111 0.108 113.932 0.127
202202 0.106 115.986 0.122
202205 0.110 120.016 0.123
202208 0.109 120.569 0.121
202211 0.109 121.675 0.120
202302 0.115 122.070 0.126
202305 0.114 124.045 0.123
202308 0.114 125.389 0.122
202311 0.077 125.468 0.082
202402 0.075 125.468 0.080
202405 0.088 127.601 0.092
202408 0.087 127.838 0.091
202411 0.123 127.838 0.129
202502 0.122 128.786 0.127
202505 0.122 129.813 0.126
202508 0.133 130.208 0.137
202511 0.135 130.682 0.138
202602 0.148 131.077 0.151
202605 0.157 134.001 0.157

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 7.73 mean?
Arizona Gold & Silver (TSXV:AZS) has a Cyclically Adjusted PB Ratio of 7.73 as of Aug. 23, 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 Arizona Gold & Silver and its competitors. According to the industry distribution chart, Arizona Gold & Silver ranks #1311 out of 1518 companies in the Metals & Mining industry, placing it in the top 86.4%.
Is Arizona Gold & Silver's Cyclically Adjusted PB Ratio too high?
Arizona Gold & Silver's current Cyclically Adjusted PB Ratio is 7.73. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.56. Arizona Gold & Silver's value of 7.73 is 395.5% above this industry median. Based on the distribution chart, Arizona Gold & Silver ranks #1311 out of 1518 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Arizona Gold & Silver has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Arizona Gold & Silver's Cyclically Adjusted PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Arizona Gold & Silver ranks #1311 out of 1518 companies for Cyclically Adjusted PB Ratio. This places Arizona Gold & Silver in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Arizona Gold & Silver's value of 7.73 is 395.5% 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 1.56, based on 1,518 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. Arizona Gold & Silver's current Cyclically Adjusted PB Ratio of 7.73 is 395.5% 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 Arizona Gold & Silver 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. Arizona Gold & Silver's current Cyclically Adjusted PB Ratio is 7.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arizona Gold & Silver stock overvalued right now?
Arizona Gold & Silver (TSXV:AZS) has a current Cyclically Adjusted PB Ratio of 7.73. The current Cyclically Adjusted PB Ratio is 7.73 and 395.5% above the Metals & Mining industry median of 1.56. Arizona Gold & Silver's overall GF Score™ is 36/100 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 Arizona Gold & Silver (TSXV:AZS), the current Cyclically Adjusted PB Ratio is 7.73 as of Aug. 23, 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.

Arizona Gold & Silver Business Description

Other Exchanges AZASF:USAA9J0:Germany
Address 777 Hornby Street, Suite 900, Vancouver, BC, CAN, V6Z 1S4
Arizona Gold & Silver Inc is a young exploration company focused on exploring gold-silver properties in western Arizona and Nevada. The flagship asset is the Philadelphia gold-silver property where the Company is drilling off an epithermal gold-silver system. Its projects include Philadelphia Property, Silverton Gold Project and Sycamore Canyon Project.
36GF Score

Get the complete analysis for TSXV:AZS

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

C$0.85
Price