MALRF (Mineral Resources) Cyclically Adjusted Book per Share: $8.86 (As of Dec. 2025)


MALRF Mineral Resources Ltd MALRF
85 GF Score
Price $50.25
GF Value $57.58
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Mineral Resources Cyclically Adjusted Book per Share?

Mineral Resources MALRF 85 Cyclically Adjusted Book per Share is $8.86 as of Dec. 2025. GuruFocus rates MALRF with a GF Score™ of 85/100 and a GF Value™ of $57.58 (Modestly Undervalued). The stock has 10 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Mineral Resources's adjusted book value per share data for the fiscal year that ended in Jun. 2025 was $10.687. 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 $8.86 for the trailing ten years ended in Jun. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Mineral Resources was 20.00% per year. The lowest was 13.00% per year. And the median was 16.60% per year.

As of today (2026-06-27), Mineral Resources's current stock price is $ 50.25. Mineral Resources's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun. 2025 was $8.86. Mineral Resources's Cyclically Adjusted PB Ratio of today is 5.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mineral Resources was 9.47. The lowest was 1.29. And the median was 3.88.


Mineral Resources  (OTCPK:MALRF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Mineral Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=50.25/8.86
=5.67

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mineral Resources was 9.47. The lowest was 1.29. And the median was 3.88.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Mineral Resources Cyclically Adjusted Book per Share Related Terms


Mineral Resources Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mineral Resources's Cyclically Adjusted Book per Share 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.

Mineral Resources Cyclically Adjusted Book per Share Chart

Mineral Resources Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.70 6.62 7.52 8.19 8.86

Mineral Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cyclically Adjusted Book per Share 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 0.00 8.19 0.00 8.86 0.00

Mineral Resources Cyclically Adjusted Book per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mineral Resources'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.


Mineral Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


MALRF
85GF Score
Mineral Resources Ltd MALRF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Mineral Resources Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Mineral Resources's adjusted Book Value per Share data for the fiscal year that ended in Jun. 2025 was:

Adj_Book=Book Value per Share /CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=10.687/131.5506*131.5506
=10.687

Current CPI (Jun. 2025) = 131.5506.

Mineral Resources Annual Data

Book Value per Share CPI Adj_Book
201606 3.921 0.000
201706 4.510 0.000
201806 5.139 0.000
201906 5.047 0.000
202006 8.324 0.000
202106 12.977 0.000
202206 11.986 0.000
202306 11.992 0.000
202406 12.106 0.000
202506 10.687 131.551 10.687

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $8.86 mean?
Mineral Resources (MALRF) has a Cyclically Adjusted Book per Share of $8.86 as of Dec. 2025. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Mineral Resources and its competitors.
Is Mineral Resources' Cyclically Adjusted Book per Share too high?
Mineral Resources' current Cyclically Adjusted Book per Share is $8.86. Overall, Mineral Resources has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mineral Resources' Cyclically Adjusted Book per Share compare to competitors?
Mineral Resources' Cyclically Adjusted Book per Share of $8.86 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Metals & Mining company?
A good Cyclically Adjusted Book per Share depends on the Metals & Mining industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Mineral Resources and its competitors. Mineral Resources's current Cyclically Adjusted Book per Share is $8.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Resources stock overvalued right now?
Based on GuruFocus' analysis, Mineral Resources (MALRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $57.58, compared to a current price of $50.25 — trading 12.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is $8.86. Mineral Resources' overall GF Score™ is 85/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Mineral Resources (MALRF), the current Cyclically Adjusted Book per Share is $8.86 as of Dec. 2025. 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 Mineral Resources (MALRF) Overvalued in 2026?

Based on GuruFocus' analysis, Mineral Resources stock appears to be undervalued. The current stock price of $50.25 is trading 12.7% below its estimated GF Value™ of $57.58. GuruFocus considers Mineral Resources to be Modestly Undervalued.

Key valuation signals for MALRF:

  • Cyclically Adjusted Book per Share: $8.86
  • GF Value™: $57.58 vs. price of $50.25 (12.7% below fair value)
  • GF Score™: 85/100 with 10 warning signs

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


Mineral Resources Business Description

Address 20 Walters Drive, Osborne Park, Perth, WA, AUS, 6017
Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.
85GF Score

Get the complete analysis for MALRF

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

$50.25
Price
$57.58
GF Value