MetalQuest Mining (TSXV:MQM) Cyclically Adjusted Book per Share: C$0.04 (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:MQM MetalQuest Mining Inc TSXV:MQM
35 GF Score
Price C$0.17
! 1 Warning Sign
View Full Analysis

What is MetalQuest Mining Cyclically Adjusted Book per Share?

MetalQuest Mining TSXV:MQM 35 Cyclically Adjusted Book per Share is C$0.04 as of Apr. 2026. GuruFocus rates TSXV:MQM with a GF Score™ of 35/100. 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.

MetalQuest Mining's adjusted book value per share for the three months ended in Apr. 2026 was C$0.108. 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 C$0.04 for the trailing ten years ended in Apr. 2026.

During the past 12 months, MetalQuest Mining's average Cyclically Adjusted Book Growth Rate was 33.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -37.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -35.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -29.90% 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 MetalQuest Mining was 66.90% per year. The lowest was -46.90% per year. And the median was -16.25% per year.

As of today (2026-07-17), MetalQuest Mining's current stock price is C$0.17. MetalQuest Mining's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was C$0.04. MetalQuest Mining's Cyclically Adjusted PB Ratio of today is 4.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MetalQuest Mining was 4.14. The lowest was 0.00. And the median was 0.00.


MetalQuest Mining  (TSXV:MQM) 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.

MetalQuest Mining's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.17/0.04
=4.25

* 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 MetalQuest Mining was 4.14. The lowest was 0.00. And the median was 0.00.


Be Aware

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


MetalQuest Mining Cyclically Adjusted Book per Share Related Terms


MetalQuest Mining Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for MetalQuest Mining'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.

MetalQuest Mining Cyclically Adjusted Book per Share Chart

MetalQuest Mining Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.16 0.08 0.03 0.04

MetalQuest Mining Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.03 0.03 0.03 0.04 0.04

MetalQuest Mining Cyclically Adjusted Book per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, MetalQuest Mining'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.


MetalQuest Mining Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:MQM
35GF Score
MetalQuest Mining Inc TSXV:MQM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MetalQuest Mining 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, MetalQuest Mining's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.108/132.7364*132.7364
=0.108

Current CPI (Apr. 2026) = 132.7364.

MetalQuest Mining Quarterly Data

Book Value per Share CPI Adj_Book
201607 0.003 101.844 0.004
201610 0.010 102.002 0.013
201701 0.004 102.318 0.005
201704 0.005 103.029 0.006
201707 0.008 103.029 0.010
201710 0.020 103.424 0.026
201801 0.017 104.056 0.022
201804 0.073 105.320 0.092
201807 0.068 106.110 0.085
201810 0.063 105.952 0.079
201901 0.059 105.557 0.074
201904 0.055 107.453 0.068
201907 0.052 108.243 0.064
201910 0.044 107.927 0.054
202001 0.047 108.085 0.058
202004 0.039 107.216 0.048
202007 0.035 108.401 0.043
202010 0.036 108.638 0.044
202101 0.033 109.192 0.040
202104 0.032 110.851 0.038
202107 0.039 112.431 0.046
202110 0.041 113.695 0.048
202201 0.037 114.801 0.043
202204 0.034 118.357 0.038
202207 0.032 120.964 0.035
202210 0.027 121.517 0.029
202301 0.020 121.596 0.022
202304 0.013 123.571 0.014
202307 0.009 124.914 0.010
202310 0.010 125.310 0.011
202401 0.028 125.072 0.030
202404 0.025 126.890 0.026
202407 0.022 128.075 0.023
202410 0.019 127.838 0.020
202501 0.024 127.443 0.025
202504 0.021 129.102 0.022
202507 0.027 130.290 0.028
202510 0.034 130.603 0.035
202601 0.107 130.366 0.109
202604 0.108 132.736 0.108

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 C$0.04 mean?
MetalQuest Mining (TSXV:MQM) has a Cyclically Adjusted Book per Share of C$0.04 as of Apr. 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 MetalQuest Mining and its competitors.
Is MetalQuest Mining's Cyclically Adjusted Book per Share too high?
MetalQuest Mining's current Cyclically Adjusted Book per Share is C$0.04. Overall, MetalQuest Mining has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does MetalQuest Mining's Cyclically Adjusted Book per Share compare to competitors?
MetalQuest Mining's Cyclically Adjusted Book per Share of C$0.04 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 MetalQuest Mining and its competitors. MetalQuest Mining's current Cyclically Adjusted Book per Share is C$0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MetalQuest Mining stock overvalued right now?
MetalQuest Mining (TSXV:MQM) has a current Cyclically Adjusted Book per Share of C$0.04. The current Cyclically Adjusted Book per Share is C$0.04. MetalQuest Mining's overall GF Score™ is 35/100 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 MetalQuest Mining (TSXV:MQM), the current Cyclically Adjusted Book per Share is C$0.04 as of Apr. 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.

MetalQuest Mining Business Description

Other Exchanges MQMIF:USA
Address 101 - 2148 West 38th Avenue, Vancouver, BC, CAN, V6M 1R9
MetalQuest Mining Inc is an exploration stage company engaged in the acquisition, exploration, and development of mineral properties in Canada with the view of developing them to a stage where it can be exploited at a profit or to arrange joint ventures whereby other companies provide funding for development and exploration. The company projects include the Murray Brook Project and the Lac Otelnuk Iron Ore Project.
35GF Score

Get the complete analysis for TSXV:MQM

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

C$0.17
Price