Azimut ExplorationAZMTF 42 PB Ratio is 0.87 as of Jul. 12, 2026, which is 62% below its 10-year median of 2.29. GuruFocus rates AZMTF with a GF Score™ of 42/100 and a GF Value™ of $0.50 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,357 Metals & Mining companies, Azimut Exploration ranks better than 82.01% on this metric.
Azimut Exploration Inc stock PB Ratio (=0.88) is close to 1-year low of 0.88.
The historical rank and industry rank for Azimut Exploration's PB Ratio or its related term are showing as below:
AZMTF'
s PB Ratio Range Over the Past 10 Years
Min: 0.77 Med: 2.29 Max: 13.48
Current: 0.88
During the past 13 years, Azimut Exploration's highest PB Ratio was 13.48. The lowest was 0.77. And the median was 2.29.
AZMTF's PB Ratio is ranked better than 82.01% of 2357
companies
in the Metals & Mining industry
Industry Median: 2.22
vs AZMTF: 0.88
During the past 12 months, Azimut Exploration's average Book Value Per Share Growth Rate was 17.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 23.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Azimut Exploration was 70.90% per year. The lowest was -31.10% per year. And the median was 15.75% per year.
Back to Basics: PB Ratio
Azimut Exploration (OTCPK:AZMTF) 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.
Azimut Exploration PB Ratio Related Terms
Azimut Exploration PB Ratio Historical Data
* Premium members only.
The historical data trend for Azimut Exploration'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 Other Industrial Metals & Mining subindustry, Azimut Exploration'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.
Azimut Exploration PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Azimut Exploration's PB Ratio distribution charts can be found below:
* The bar in red indicates where Azimut Exploration'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.
Azimut Exploration (AZMTF) has a PB Ratio of 0.87 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Azimut Exploration and its competitors. This is 62% below median its historical median of 2.29. Over the past decade, Azimut Exploration's PB Ratio has ranged from 0.77 to 13.48. According to the industry distribution chart, Azimut Exploration ranks #424 out of 2357 companies in the Metals & Mining industry, placing it in the top 18%.
Is Azimut Exploration's PB Ratio too high?
Azimut Exploration's current PB Ratio of 0.87 is 62% below median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 13.48. The Metals & Mining industry median PB Ratio is 2.22. Azimut Exploration's value of 0.87 is 60.8% below this industry median. Based on the distribution chart, Azimut Exploration ranks #424 out of 2357 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Azimut Exploration has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Azimut Exploration's PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Azimut Exploration ranks #424 out of 2357 companies for PB Ratio. This places Azimut Exploration in the top 18% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.22. Azimut Exploration's value of 0.87 is 60.8% below this benchmark. Historically, Azimut Exploration's own PB Ratio has ranged from 0.77 to 13.48 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 2.22, Azimut Exploration has consistently been below 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 Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.22, based on 2,357 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. Azimut Exploration's current PB Ratio of 0.87 is 60.8% below 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 Azimut Exploration and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azimut Exploration's current PB Ratio is 0.87, which is 62% below median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azimut Exploration stock overvalued right now?
Based on GuruFocus' analysis, Azimut Exploration (AZMTF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.50, compared to a current price of $0.43 — trading 13.5% below its estimated fair value. The current PB Ratio is 0.87, which is 62% below median its 10-year median of 2.29 and 60.8% below the Metals & Mining industry median of 2.22. Azimut Exploration's overall GF Score™ is 42/100 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 Azimut Exploration (AZMTF), the current PB Ratio is 0.87 as of Jul. 12, 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 Azimut Exploration (AZMTF) Overvalued in 2026?
Based on GuruFocus' analysis, Azimut Exploration stock appears to be undervalued.
The current stock price of $0.43 is trading 13.5% below its estimated GF Value™ of $0.50.
GuruFocus considers Azimut Exploration to be Modestly Undervalued.
Key valuation signals for AZMTF:
PB Ratio: 0.87 (62% below median its 10-year median of 2.29)
GF Value™: $0.50 vs. price of $0.43 (13.5% below fair value)
Industry Position: 60.8% below the Metals & Mining median (#424 of 2357)
No single metric tells the full story. See the AZMTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Azimut Exploration Inc is engaged in the acquisition, exploration, and evaluation of mineral properties. The Company holds the mineral exploration portfolio in the mining-friendly province of Quebec, Canada, with an exploration focus on large-scale gold, copper, nickel and lithium targets. The group is dedicated to advancing its flagship Elmer gold-copper and Wabamisk gold-antimony projects in parallel with a pipeline of additional exploration opportunities with existing and potential partners.
42GF Score
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