Minsud Resources (TSXV:MSR) Cyclically Adjusted Book per Share: C$0.08 (As of Dec. 2025)

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:MSR Minsud Resources Corp TSXV:MSR
29 GF Score
Price C$0.50
! 2 Warning Signs
View Full Analysis

What is Minsud Resources Cyclically Adjusted Book per Share?

Minsud Resources TSXV:MSR 29 Cyclically Adjusted Book per Share is C$0.08 as of Dec. 2025. GuruFocus rates TSXV:MSR with a GF Score™ of 29/100. The stock has 2 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.

Minsud Resources's adjusted book value per share for the three months ended in Dec. 2025 was C$0.092. 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$0.08 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.30% 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.

As of today (2026-07-15), Minsud Resources's current stock price is C$0.50. Minsud Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was C$0.08. Minsud Resources's Cyclically Adjusted PB Ratio of today is 6.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Minsud Resources was 6.01. The lowest was 0.00. And the median was 0.00.


Minsud Resources  (TSXV:MSR) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.50/0.08
=6.25

* 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 Minsud Resources was 6.01. 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.


Minsud Resources Cyclically Adjusted Book per Share Related Terms


Minsud Resources Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Minsud 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.

Minsud Resources Cyclically Adjusted Book per Share Chart

Minsud Resources 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 0.10 0.09 0.09 0.08 0.08

Minsud Resources Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.08 0.08 0.08 0.08 0.08

Minsud Resources Cyclically Adjusted Book per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Minsud 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.


Minsud Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:MSR
29GF Score
Minsud Resources Corp TSXV:MSR
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Minsud 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, Minsud Resources's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.092/130.3661*130.3661
=0.092

Current CPI (Dec. 2025) = 130.3661.

Minsud Resources Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.066 101.054 0.085
201606 0.066 102.002 0.084
201609 0.069 101.765 0.088
201612 0.067 101.449 0.086
201703 0.068 102.634 0.086
201706 0.061 103.029 0.077
201709 0.058 103.345 0.073
201712 0.057 103.345 0.072
201803 0.000 105.004 0.000
201806 0.043 105.557 0.053
201809 0.073 105.636 0.090
201812 0.086 105.399 0.106
201903 0.085 106.979 0.104
201906 0.092 107.690 0.111
201909 0.078 107.611 0.094
201912 0.078 107.769 0.094
202003 0.084 107.927 0.101
202006 0.077 108.401 0.093
202009 0.075 108.164 0.090
202012 0.065 108.559 0.078
202103 0.065 110.298 0.077
202106 0.068 111.720 0.079
202109 0.071 112.905 0.082
202112 0.068 113.774 0.078
202203 0.068 117.646 0.075
202206 0.071 120.806 0.077
202209 0.074 120.648 0.080
202212 0.064 120.964 0.069
202303 0.061 122.702 0.065
202306 0.056 124.203 0.059
202309 0.052 125.230 0.054
202312 0.030 125.072 0.031
202403 0.037 126.258 0.038
202406 0.080 127.522 0.082
202409 0.087 127.285 0.089
202412 0.133 127.364 0.136
202503 0.127 129.181 0.128
202506 0.103 129.892 0.103
202509 0.081 130.287 0.081
202512 0.092 130.366 0.092

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$0.08 mean?
Minsud Resources (TSXV:MSR) has a Cyclically Adjusted Book per Share of C$0.08 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 Minsud Resources and its competitors.
Is Minsud Resources' Cyclically Adjusted Book per Share too high?
Minsud Resources' current Cyclically Adjusted Book per Share is C$0.08. Overall, Minsud Resources has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Minsud Resources' Cyclically Adjusted Book per Share compare to competitors?
Minsud Resources' Cyclically Adjusted Book per Share of C$0.08 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 Minsud Resources and its competitors. Minsud Resources's current Cyclically Adjusted Book per Share is C$0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minsud Resources stock overvalued right now?
Minsud Resources (TSXV:MSR) has a current Cyclically Adjusted Book per Share of C$0.08. The current Cyclically Adjusted Book per Share is C$0.08. Minsud Resources' overall GF Score™ is 29/100 with 2 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 Minsud Resources (TSXV:MSR), the current Cyclically Adjusted Book per Share is C$0.08 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.

Minsud Resources Business Description

Other Exchanges MDSQF:USA
Address 340 Richmond Street West, Toronto, ON, CAN, M5V 1X2
Minsud Resources Corp is a mineral exploration company. It is engaged in the process of exploring its mineral resource properties located in Argentina. The company operates in one project named the Chita Valley Project. It is a large-scale copper-gold-silver-molybdenum-zinc system located in the Iglesia Department of San Juan Province, Argentina, within one of the prospective Miocene metallogenic belts in the Andes. The project is situated approximately 35 km from the towns of Bella Vista and Villa Iglesia and spans approximately 19,923 hectares.
29GF Score

Get the complete analysis for TSXV:MSR

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

C$0.50
Price