Orogen Royalties (TSXV:OGN) Cyclically Adjusted PB Ratio: 4.59 (As of Jul. 30, 2026) — 28% Above Median

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TSXV:OGN Orogen Royalties Inc TSXV:OGN
56 GF Score
Price C$3.40
GF Value C$5.99
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Orogen Royalties Cyclically Adjusted PB Ratio?

Orogen Royalties TSXV:OGN -1.73% 56 Cyclically Adjusted PB Ratio is 4.59 as of Jul. 30, 2026, which is 28% above its 10-year median of 3.58. GuruFocus rates TSXV:OGN with a GF Score™ of 56/100 and a GF Value™ of C$5.99 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,537 Metals & Mining companies, Orogen Royalties ranks worse than 78.99% on this metric.

As of today (2026-07-30), Orogen Royalties's current share price is C$3.40. Orogen Royalties's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.74. Orogen Royalties's Cyclically Adjusted PB Ratio for today is 4.59.

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

TSXV:OGN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.8   Med: 3.58   Max: 14
Current: 4.67

During the past years, Orogen Royalties's highest Cyclically Adjusted PB Ratio was 14.00. The lowest was 1.80. And the median was 3.58.

TSXV:OGN's Cyclically Adjusted PB Ratio is ranked worse than
78.99% of 1537 companies
in the Metals & Mining industry
Industry Median: 1.41 vs TSXV:OGN: 4.67

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.

Orogen Royalties's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.580. 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$0.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orogen Royalties  (TSXV:OGN) 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.


Orogen Royalties Cyclically Adjusted PB Ratio Related Terms


Orogen Royalties Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Orogen Royalties'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.

Orogen Royalties Cyclically Adjusted PB Ratio Chart

Orogen Royalties 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 3.80 3.83 4.23 7.93 3.58

Orogen Royalties 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 8.91 10.71 3.45 3.58 4.92

TSXV:OGN vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Orogen Royalties'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.


Orogen Royalties Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:OGN
56GF Score
Orogen Royalties Inc TSXV:OGN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orogen Royalties 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.

Orogen Royalties's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.40/0.74
=4.59

* 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.

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

For example, Orogen Royalties'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)
=0.58/132.2623*132.2623
=0.580

Current CPI (Mar. 2026) = 132.2623.

Orogen Royalties Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.196 102.002 0.254
201609 0.156 101.765 0.203
201612 0.120 101.449 0.156
201703 0.083 102.634 0.107
201706 0.268 103.029 0.344
201709 0.238 103.345 0.305
201712 0.206 103.345 0.264
201803 0.295 105.004 0.372
201806 0.290 105.557 0.363
201809 0.671 105.636 0.840
201812 0.603 105.399 0.757
201903 0.575 106.979 0.711
201906 0.544 107.690 0.668
201909 0.514 107.611 0.632
201912 0.509 107.769 0.625
202003 0.436 107.927 0.534
202006 0.412 108.401 0.503
202009 0.280 108.164 0.342
202012 1.198 108.559 1.460
202103 0.258 110.298 0.309
202106 0.270 111.720 0.320
202109 0.245 112.905 0.287
202112 1.139 113.774 1.324
202203 1.150 117.646 1.293
202206 1.139 120.806 1.247
202209 1.144 120.648 1.254
202212 1.167 120.964 1.276
202303 1.197 122.702 1.290
202306 0.000 124.203 0.000
202309 1.236 125.230 1.305
202312 1.273 125.072 1.346
202403 1.285 126.258 1.346
202406 1.301 127.522 1.349
202409 1.296 127.285 1.347
202412 0.625 127.364 0.649
202503 1.380 129.181 1.413
202506 0.559 129.892 0.569
202509 0.447 130.287 0.454
202512 0.512 130.366 0.519
202603 0.580 132.262 0.580

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 4.59 mean?
Orogen Royalties (TSXV:OGN) has a Cyclically Adjusted PB Ratio of 4.59 as of Jul. 30, 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 Orogen Royalties and its competitors. This is 28% above median its historical median of 3.58. Over the past decade, Orogen Royalties' Cyclically Adjusted PB Ratio has ranged from 1.80 to 14.00. According to the industry distribution chart, Orogen Royalties ranks #1214 out of 1537 companies in the Metals & Mining industry, placing it in the top 79%.
Is Orogen Royalties' Cyclically Adjusted PB Ratio too high?
Orogen Royalties' current Cyclically Adjusted PB Ratio of 4.59 is 28% above median its 10-year median of 3.58. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 14.00. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.41. Orogen Royalties' value of 4.59 is 225.5% above this industry median. Based on the distribution chart, Orogen Royalties ranks #1214 out of 1537 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Orogen Royalties has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Orogen Royalties' Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Orogen Royalties ranks #1214 out of 1537 companies for Cyclically Adjusted PB Ratio. This places Orogen Royalties in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.41. Orogen Royalties' value of 4.59 is 225.5% above this benchmark. Historically, Orogen Royalties' own Cyclically Adjusted PB Ratio has ranged from 1.80 to 14.00 over the past decade. While the company's 10-year median is 3.58 vs. the industry median of 1.41, Orogen Royalties 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 1.41, based on 1,537 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. Orogen Royalties's current Cyclically Adjusted PB Ratio of 4.59 is 225.5% 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 Orogen Royalties and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orogen Royalties's current Cyclically Adjusted PB Ratio is 4.59, which is 28% above median its own 10-year median of 3.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orogen Royalties stock overvalued right now?
Based on GuruFocus' analysis, Orogen Royalties (TSXV:OGN) is currently considered Significantly Undervalued. The stock's GF Value™ is C$5.99, compared to a current price of C$3.40 — trading 43.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.59, which is 28% above median its 10-year median of 3.58 and 225.5% above the Metals & Mining industry median of 1.41. Orogen Royalties' overall GF Score™ is 56/100 with 2 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 Orogen Royalties (TSXV:OGN), the current Cyclically Adjusted PB Ratio is 4.59 as of Jul. 30, 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 Orogen Royalties (TSXV:OGN) Overvalued in 2026?

Based on GuruFocus' analysis, Orogen Royalties stock appears to be undervalued. The current stock price of C$3.40 is trading 43.2% below its estimated GF Value™ of C$5.99. GuruFocus considers Orogen Royalties to be Significantly Undervalued.

Key valuation signals for TSXV:OGN:

  • Cyclically Adjusted PB Ratio: 4.59 (28% above median its 10-year median of 3.58)
  • GF Value™: C$5.99 vs. price of C$3.40 (43.2% below fair value)
  • GF Score™: 56/100 with 2 warning signs
  • Industry Position: 225.5% above the Metals & Mining median (#1214 of 1537)

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


Orogen Royalties Business Description

Other Exchanges OGNNF:USA5EV0:Germany
Address 1015 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2
Orogen Royalties Inc is focused on organic royalty creation and royalty acquisitions on precious and base metal discoveries in western North America. The company operates in two main areas: mineral royalties and mineral exploration project generation. Operations span six geographic regions: Canada, the United States, Mexico, Argentina, Kenya, and Colombia. The company's royalty portfolio includes the Ermitano gold and silver Mine in Sonora, Mexico (2.0% NSR royalty). The company is well financed with several projects actively being developed by joint venture partners.
56GF Score

Get the complete analysis for TSXV:OGN

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

C$3.40
Price
C$5.99
GF Value