MNSAF (Mineros) Cyclically Adjusted Book per Share: $1.30 (As of Mar. 2026)


MNSAF Mineros SA MNSAF
66 GF Score
Price $4.58
GF Value $2.00
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Mineros Cyclically Adjusted Book per Share?

Mineros MNSAF +1.74% 66 Cyclically Adjusted Book per Share is $1.30 as of Mar. 2026. GuruFocus rates MNSAF with a GF Score™ of 66/100 and a GF Value™ of $2.00 (Significantly Overvalued). The stock has 1 warning sign 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.

Mineros's adjusted book value per share for the three months ended in Mar. 2026 was $1.930. 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 $1.30 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-06-28), Mineros's current stock price is $4.5785. Mineros's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.30. Mineros's Cyclically Adjusted PB Ratio of today is 3.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mineros was 4.34. The lowest was 2.53. And the median was 3.18.


Mineros  (OTCPK:MNSAF) 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.

Mineros's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.5785/1.30
=3.52

* 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 Mineros was 4.34. The lowest was 2.53. And the median was 3.18.


Be Aware

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


Mineros Cyclically Adjusted Book per Share Related Terms


Mineros Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mineros'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.

Mineros Cyclically Adjusted Book per Share Chart

Mineros Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.25

Mineros Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 1.73 1.25 1.30

MNSAF vs NEM, AU, CDE: Cyclically Adjusted Book per Share Comparison

For the Gold subindustry, Mineros'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.


Mineros Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


MNSAF
66GF Score
Mineros SA MNSAF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Mineros 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, Mineros's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.93/330.2130*330.2130
=1.930

Current CPI (Mar. 2026) = 330.2130.

Mineros Quarterly Data

Book Value per Share CPI Adj_Book
201112 0.879 225.672 1.286
201212 1.156 229.601 1.663
201312 1.043 233.049 1.478
201412 0.883 234.812 1.242
201503 0.000 236.119 0.000
201506 0.000 238.638 0.000
201509 0.000 237.945 0.000
201512 0.703 236.525 0.981
201603 0.000 238.132 0.000
201612 0.782 241.432 1.070
201706 0.000 244.955 0.000
201712 0.885 246.524 1.185
201806 0.877 251.989 1.149
201812 0.962 251.233 1.264
201906 0.925 256.143 1.192
201912 1.058 256.974 1.360
202006 1.038 257.797 1.330
202009 0.000 260.280 0.000
202012 1.202 260.474 1.524
202103 0.000 264.877 0.000
202106 1.234 271.696 1.500
202109 1.255 274.310 1.511
202112 1.226 278.802 1.452
202203 1.181 287.504 1.356
202206 1.227 296.311 1.367
202209 1.240 296.808 1.380
202212 1.156 296.797 1.286
202303 1.133 301.836 1.240
202306 1.187 305.109 1.285
202309 1.083 307.789 1.162
202312 1.153 306.746 1.241
202403 1.108 312.332 1.171
202406 1.167 314.175 1.227
202409 1.263 315.301 1.323
202412 1.363 315.605 1.426
202503 1.392 319.799 1.437
202506 1.559 322.561 1.596
202509 1.702 324.800 1.730
202512 1.737 324.054 1.770
202603 1.930 330.213 1.930

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 $1.30 mean?
Mineros (MNSAF) has a Cyclically Adjusted Book per Share of $1.30 as of Mar. 2026. 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 Mineros and its competitors.
Is Mineros' Cyclically Adjusted Book per Share too high?
Mineros' current Cyclically Adjusted Book per Share is $1.30. Overall, Mineros has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mineros' Cyclically Adjusted Book per Share compare to NEM and AU?
Mineros' Cyclically Adjusted Book per Share of $1.30 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 Mineros and its competitors. Mineros's current Cyclically Adjusted Book per Share is $1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineros stock overvalued right now?
Based on GuruFocus' analysis, Mineros (MNSAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.00, compared to a current price of $4.58 — trading 128.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is $1.30. Mineros' overall GF Score™ is 66/100 with 1 warning sign 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 Mineros (MNSAF), the current Cyclically Adjusted Book per Share is $1.30 as of Mar. 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 Mineros (MNSAF) Overvalued in 2026?

Based on GuruFocus' analysis, Mineros stock appears to be overvalued. The current stock price of $4.58 is trading 128.9% above its estimated GF Value™ of $2.00. GuruFocus considers Mineros to be Significantly Overvalued.

Key valuation signals for MNSAF:

  • Cyclically Adjusted Book per Share: $1.30
  • GF Value™: $2.00 vs. price of $4.58 (128.9% above fair value)
  • GF Score™: 66/100 with 1 warning sign

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


Mineros Business Description

Other Exchanges MINEROS:ColombiaMSA:Canada
Address Carrera 43 A No 14-109, Nova Tempo Building, 6th floor, Medellin, COL
Mineros SA is a precious metals producer with gold production, development, and exploration stage properties in Latin and South America, including Colombia and Nicaragua. Its principal producing mining properties are the Nechi Alluvial mine in Colombia and the Pioneer and Panama mines in Nicaragua. The Group operates in two principal countries, Colombia (Nechi Alluvial) and Nicaragua (HEMCO Nicaragua). The Group also has gold exploration projects, including the La Pepa project in Chile, included in the Segment Chile (La Pepa). Key revenue is generated from Nicaragua (HEMCO Nicaragua).
66GF Score

Get the complete analysis for MNSAF

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

$4.58
Price
$2.00
GF Value