AAMTF (Armada Mercantile) PB Ratio: 4.63 (As of Jul. 02, 2026) — 44% Above Median


AAMTF Armada Mercantile Ltd AAMTF
27 GF Score
Price $0.25
GF Value $0.11
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Armada Mercantile PB Ratio?

Armada Mercantile AAMTF 27 PB Ratio is 4.63 as of Jul. 02, 2026, which is 44% above its 10-year median of 3.22. GuruFocus rates AAMTF with a GF Score™ of 27/100 and a GF Value™ of $0.11 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 782 Capital Markets companies, Armada Mercantile ranks worse than 66.24% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-02), Armada Mercantile's share price is $0.25. Armada Mercantile's Book Value per Share for the quarter that ended in Nov. 2025 was $0.05. Hence, Armada Mercantile's PB Ratio of today is 4.63.

Good Sign:

Armada Mercantile Ltd stock PB Ratio (=0.72) is close to 1-year low of 0.72.

The historical rank and industry rank for Armada Mercantile's PB Ratio or its related term are showing as below:

AAMTF' s PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 3.22   Max: 700
Current: 0.72

During the past 13 years, Armada Mercantile's highest PB Ratio was 700.00. The lowest was 0.48. And the median was 3.22.

AAMTF's PB Ratio is ranked worse than
66.24% of 782 companies
in the Capital Markets industry
Industry Median: 1.33 vs AAMTF: 0.72

During the past 12 months, Armada Mercantile's average Book Value Per Share Growth Rate was -75.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -35.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Armada Mercantile was 202.30% per year. The lowest was -47.30% per year. And the median was -6.25% per year.

Back to Basics: PB Ratio


Armada Mercantile  (OTCPK:AAMTF) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Armada Mercantile PB Ratio Related Terms


Armada Mercantile PB Ratio Historical Data

* Premium members only.

The historical data trend for Armada Mercantile's 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.

Armada Mercantile PB Ratio Chart

Armada Mercantile Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.95 1.16 1.13 4.07

Armada Mercantile Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25
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 1.17 4.07 3.93 3.64 4.08

AAMTF vs MS, GS, SCHW: PB Ratio Comparison

For the Capital Markets subindustry, Armada Mercantile's PB Ratio, along with its competitors' market caps and 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.


Armada Mercantile PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Armada Mercantile's PB Ratio distribution charts can be found below:

* The bar in red indicates where Armada Mercantile's PB Ratio falls into.


AAMTF
27GF Score
Armada Mercantile Ltd AAMTF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Armada Mercantile PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Armada Mercantile's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Nov. 2025)
=0.25/0.054
=4.63

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 4.63 mean?
Armada Mercantile (AAMTF) has a PB Ratio of 4.63 as of Jul. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Armada Mercantile and its competitors. This is 44% above median its historical median of 3.22. Over the past decade, Armada Mercantile's PB Ratio has ranged from 0.48 to 700.00. According to the industry distribution chart, Armada Mercantile ranks #518 out of 782 companies in the Capital Markets industry, placing it in the top 66.2%.
Is Armada Mercantile's PB Ratio too high?
Armada Mercantile's current PB Ratio of 4.63 is 44% above median its 10-year median of 3.22. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 700.00. The Capital Markets industry median PB Ratio is 1.33. Armada Mercantile's value of 4.63 is 248.1% above this industry median. Based on the distribution chart, Armada Mercantile ranks #518 out of 782 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Armada Mercantile has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Armada Mercantile's PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Armada Mercantile ranks #518 out of 782 companies for PB Ratio. This places Armada Mercantile in the lower half of its industry. The industry median PB Ratio is 1.33. Armada Mercantile's value of 4.63 is 248.1% above this benchmark. Historically, Armada Mercantile's own PB Ratio has ranged from 0.48 to 700.00 over the past decade. While the company's 10-year median is 3.22 vs. the industry median of 1.33, Armada Mercantile 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 PB Ratio for a Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.33, based on 782 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Armada Mercantile's current PB Ratio of 4.63 is 248.1% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Armada Mercantile and its competitors. For the Capital Markets industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armada Mercantile's current PB Ratio is 4.63, which is 44% above median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armada Mercantile stock overvalued right now?
Based on GuruFocus' analysis, Armada Mercantile (AAMTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.11, compared to a current price of $0.25 — trading 127.3% above its estimated fair value. The current PB Ratio is 4.63, which is 44% above median its 10-year median of 3.22 and 248.1% above the Capital Markets industry median of 1.33. Armada Mercantile's overall GF Score™ is 27/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Armada Mercantile (AAMTF), the current PB Ratio is 4.63 as of Jul. 02, 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 Armada Mercantile (AAMTF) Overvalued in 2026?

Based on GuruFocus' analysis, Armada Mercantile stock appears to be overvalued. The current stock price of $0.25 is trading 127.3% above its estimated GF Value™ of $0.11. GuruFocus considers Armada Mercantile to be Significantly Overvalued.

Key valuation signals for AAMTF:

  • PB Ratio: 4.63 (44% above median its 10-year median of 3.22)
  • GF Value™: $0.11 vs. price of $0.25 (127.3% above fair value)
  • GF Score™: 27/100 with 4 warning signs
  • Industry Position: 248.1% above the Capital Markets median (#518 of 782)

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


Armada Mercantile Business Description

Other Exchanges ARM:Canada
Address 1616 West 3rd Avenue, Suite 100, Vancouver, BC, CAN, V6J 1K2
Armada Mercantile Ltd is engaged in the business of investing in new and existing businesses and organizations. The company is a financial services company that focuses on merchant banking through its wholly-owned subsidiary Armada Group USA, Inc. The company, through its investment in Oxygen Funding, Inc. offers commercial finance services to companies; internationally, including account receivables "factoring", supply chain, equipment leasing, merchant cash advance and purchase order, and other types of specialized finance.
27GF Score

Get the complete analysis for AAMTF

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

$0.25
Price
$0.11
GF Value