Alphamin ResourcesTSXV:AFM -4.03%86 PB Ratio is 2.98 as of Jun. 24, 2026, which is 9% above its 10-year median of 2.74. GuruFocus rates TSXV:AFM with a GF Score™ of 86/100 and a GF Value™ of C$2.11 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,359 Metals & Mining companies, Alphamin Resources ranks worse than 60.92% on this metric.
The historical rank and industry rank for Alphamin Resources's PB Ratio or its related term are showing as below:
TSXV:AFM'
s PB Ratio Range Over the Past 10 Years
Min: 0.52 Med: 2.74 Max: 4.74
Current: 2.98
During the past 13 years, Alphamin Resources's highest PB Ratio was 4.74. The lowest was 0.52. And the median was 2.74.
TSXV:AFM's PB Ratio is ranked worse than 60.92% of 2359
companies
in the Metals & Mining industry
Industry Median: 2.32
vs TSXV:AFM: 2.98
During the past 12 months, Alphamin Resources's average Book Value Per Share Growth Rate was 19.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Alphamin Resources was 93.80% per year. The lowest was -27.60% per year. And the median was 4.00% per year.
Back to Basics: PB Ratio
Alphamin Resources (TSXV:AFM) 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.
Alphamin Resources PB Ratio Related Terms
Alphamin Resources PB Ratio Historical Data
* Premium members only.
The historical data trend for Alphamin 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 Other Industrial Metals & Mining subindustry, Alphamin 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.
Alphamin Resources PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Alphamin Resources's PB Ratio distribution charts can be found below:
* The bar in red indicates where Alphamin 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.
Alphamin Resources (TSXV:AFM) has a PB Ratio of 2.98 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Alphamin Resources and its competitors. This is near median its historical median of 2.74. Over the past decade, Alphamin Resources' PB Ratio has ranged from 0.52 to 4.74. According to the industry distribution chart, Alphamin Resources ranks #1437 out of 2359 companies in the Metals & Mining industry, placing it in the top 60.9%.
Is Alphamin Resources' PB Ratio too high?
Alphamin Resources' current PB Ratio of 2.98 is near median its 10-year median of 2.74. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 4.74. The Metals & Mining industry median PB Ratio is 2.32. Alphamin Resources' value of 2.98 is 28.4% above this industry median. Based on the distribution chart, Alphamin Resources ranks #1437 out of 2359 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Alphamin Resources has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alphamin Resources' PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Alphamin Resources ranks #1437 out of 2359 companies for PB Ratio. This places Alphamin Resources in the lower half of its industry. The industry median PB Ratio is 2.32. Alphamin Resources' value of 2.98 is 28.4% above this benchmark. Historically, Alphamin Resources' own PB Ratio has ranged from 0.52 to 4.74 over the past decade. While the company's 10-year median is 2.74 vs. the industry median of 2.32, Alphamin 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 a Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.32, based on 2,359 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. Alphamin Resources's current PB Ratio of 2.98 is 28.4% 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 Alphamin Resources and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alphamin Resources's current PB Ratio is 2.98, which is near median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alphamin Resources stock overvalued right now?
Based on GuruFocus' analysis, Alphamin Resources (TSXV:AFM) is currently considered Significantly Undervalued. The stock's GF Value™ is C$2.11, compared to a current price of C$1.43 — trading 32.2% below its estimated fair value. The current PB Ratio is 2.98, which is near median its 10-year median of 2.74 and 28.4% above the Metals & Mining industry median of 2.32. Alphamin Resources' overall GF Score™ is 86/100 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 Alphamin Resources (TSXV:AFM), the current PB Ratio is 2.98 as of Jun. 24, 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 Alphamin Resources (TSXV:AFM) Overvalued in 2026?
Based on GuruFocus' analysis, Alphamin Resources stock appears to be undervalued.
The current stock price of C$1.43 is trading 32.2% below its estimated GF Value™ of C$2.11.
GuruFocus considers Alphamin Resources to be Significantly Undervalued.
Key valuation signals for TSXV:AFM:
PB Ratio: 2.98 (near median its 10-year median of 2.74)
GF Value™: C$2.11 vs. price of C$1.43 (32.2% below fair value)
Industry Position: 28.4% above the Metals & Mining median (#1437 of 2359)
No single metric tells the full story. See the TSXV:AFM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alphamin Resources Corp is engaged in the business of the production and sale of tin concentrate from the Bisie Tin mine in the Democratic Republic of the Congo (DRC). The company considers its business to consist of one reportable operating segment, being the production and sale of tin from its Bisie tin mine.
86GF Score
Get the complete analysis for TSXV:AFM
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSXV:AFM has been successfully added to your 
