Morien ResourcesAPMCF 26 PB Ratio is 9.29 as of Jun. 25, 2026, which is 10% above its 10-year median of 8.47. GuruFocus rates APMCF with a GF Score™ of 26/100 and a GF Value™ of $0.01 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 176 Other Energy Sources companies, Morien Resources ranks worse than 96.59% 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 (2026-06-25), Morien Resources's share price is $0.13. Morien Resources's Book Value per Share for the quarter that ended in Mar. 2026 was $0.01. Hence, Morien Resources's PB Ratio of today is 9.29.
Good Sign:
Morien Resources Corp stock PB Ratio (=9.74) is close to 3-year low of 9.74.
The historical rank and industry rank for Morien Resources's PB Ratio or its related term are showing as below:
APMCF'
s PB Ratio Range Over the Past 10 Years
Min: 2.28 Med: 8.47 Max: 170
Current: 9.74
During the past 13 years, Morien Resources's highest PB Ratio was 170.00. The lowest was 2.28. And the median was 8.47.
APMCF's PB Ratio is ranked worse than 96.59% of 176
companies
in the Other Energy Sources industry
Industry Median: 1.375
vs APMCF: 9.74
During the past 12 months, Morien Resources's average Book Value Per Share Growth Rate was 850.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -23.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -22.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Morien Resources was 39.30% per year. The lowest was -47.70% per year. And the median was -15.50% per year.
Back to Basics: PB Ratio
Morien Resources (OTCPK:APMCF) PB Ratio Explanation
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.
Morien Resources PB Ratio Related Terms
Morien Resources PB Ratio Historical Data
* Premium members only.
The historical data trend for Morien Resources'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.
For the Thermal Coal subindustry, Morien Resources'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.
Morien Resources PB Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Morien Resources's PB Ratio distribution charts can be found below:
* The bar in red indicates where Morien Resources's PB Ratio falls into.
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.
* 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.
Morien Resources (APMCF) has a PB Ratio of 9.29 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Morien Resources and its competitors. This is 10% above median its historical median of 8.47. Over the past decade, Morien Resources' PB Ratio has ranged from 2.28 to 170.00. According to the industry distribution chart, Morien Resources ranks #170 out of 176 companies in the Other Energy Sources industry, placing it in the top 96.6%.
Is Morien Resources' PB Ratio too high?
Morien Resources' current PB Ratio of 9.29 is 10% above median its 10-year median of 8.47. Over the past 10 years, this metric has ranged from a low of 2.28 to a high of 170.00. The Other Energy Sources industry median PB Ratio is 1.38. Morien Resources' value of 9.29 is 575.6% above this industry median. Based on the distribution chart, Morien Resources ranks #170 out of 176 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Morien Resources has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morien Resources' PB Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, Morien Resources ranks #170 out of 176 companies for PB Ratio. This places Morien Resources in the lower half of its industry. The industry median PB Ratio is 1.38. Morien Resources' value of 9.29 is 575.6% above this benchmark. Historically, Morien Resources' own PB Ratio has ranged from 2.28 to 170.00 over the past decade. While the company's 10-year median is 8.47 vs. the industry median of 1.38, Morien Resources 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 an Other Energy Sources company?
The median PB Ratio among Other Energy Sources companies is 1.38, based on 176 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. Morien Resources's current PB Ratio of 9.29 is 575.6% 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 Morien Resources and its competitors. For the Other Energy Sources industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morien Resources's current PB Ratio is 9.29, which is 10% above median its own 10-year median of 8.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morien Resources stock overvalued right now?
Based on GuruFocus' analysis, Morien Resources (APMCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.13 — trading 1200% above its estimated fair value. The current PB Ratio is 9.29, which is 10% above median its 10-year median of 8.47 and 575.6% above the Other Energy Sources industry median of 1.38. Morien Resources' overall GF Score™ is 26/100 with 2 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 Morien Resources (APMCF), the current PB Ratio is 9.29 as of Jun. 25, 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 Morien Resources (APMCF) Overvalued in 2026?
Based on GuruFocus' analysis, Morien Resources stock appears to be overvalued.
The current stock price of $0.13 is trading 1200% above its estimated GF Value™ of $0.01.
GuruFocus considers Morien Resources to be Significantly Overvalued.
Key valuation signals for APMCF:
PB Ratio: 9.29 (10% above median its 10-year median of 8.47)
GF Value™: $0.01 vs. price of $0.13 (1200% above fair value)
Industry Position: 575.6% above the Other Energy Sources median (#170 of 176)
No single metric tells the full story. See the APMCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morien Resources Corp is engaged in the business of identifying and purchasing mineral projects. It operates as a mining development company that holds royalty interests in two tidewater-accessible projects, namely the Donkin Coal Mine and the Black Point Aggregate Project. The company derives revenue in the form of royalty interests. Morien Resources Corp.
26GF Score
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