Metalla Royalty & Streaming (TSXV:MTA) Cyclically Adjusted Book per Share: C$2.51 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSXV:MTA Metalla Royalty & Streaming Ltd TSXV:MTA
81 GF Score
Price C$9.99
GF Value C$11.11
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Metalla Royalty & Streaming Cyclically Adjusted Book per Share?

Metalla Royalty & Streaming TSXV:MTA -1.19% 81 Cyclically Adjusted Book per Share is C$2.51 as of Mar. 2026. GuruFocus rates TSXV:MTA with a GF Score™ of 81/100 and a GF Value™ of C$11.11 (Modestly Undervalued). 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.

Metalla Royalty & Streaming's adjusted book value per share for the three months ended in Mar. 2026 was C$3.717. 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$2.51 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Metalla Royalty & Streaming's average Cyclically Adjusted Book Growth Rate was 19.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 18.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 20.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Metalla Royalty & Streaming was 22.00% per year. The lowest was 18.10% per year. And the median was 19.40% per year.

As of today (2026-07-14), Metalla Royalty & Streaming's current stock price is C$9.99. Metalla Royalty & Streaming's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$2.51. Metalla Royalty & Streaming's Cyclically Adjusted PB Ratio of today is 3.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Metalla Royalty & Streaming was 16.69. The lowest was 1.80. And the median was 4.61.


Metalla Royalty & Streaming  (TSXV:MTA) 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.

Metalla Royalty & Streaming's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.99/2.51
=3.98

* 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 Metalla Royalty & Streaming was 16.69. The lowest was 1.80. And the median was 4.61.


Be Aware

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


Metalla Royalty & Streaming Cyclically Adjusted Book per Share Related Terms


Metalla Royalty & Streaming Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Metalla Royalty & Streaming'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.

Metalla Royalty & Streaming Cyclically Adjusted Book per Share Chart

Metalla Royalty & Streaming Annual Data
Trend May16 May17 May18 May19 May20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 1.43 1.69 1.99 2.38

Metalla Royalty & Streaming 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 2.10 2.18 2.28 2.38 2.51

TSXV:MTA vs HL: Cyclically Adjusted Book per Share Comparison

For the Other Precious Metals & Mining subindustry, Metalla Royalty & Streaming'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.


Metalla Royalty & Streaming Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Metalla Royalty & Streaming's Cyclically Adjusted PB Ratio falls into.


TSXV:MTA
81GF Score
Metalla Royalty & Streaming Ltd TSXV:MTA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metalla Royalty & Streaming 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, Metalla Royalty & Streaming'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)
=3.717/132.2623*132.2623
=3.717

Current CPI (Mar. 2026) = 132.2623.

Metalla Royalty & Streaming Quarterly Data

Book Value per Share CPI Adj_Book
201602 -0.062 100.421 -0.082
201605 -0.034 101.765 -0.044
201608 -0.042 101.686 -0.055
201611 0.287 101.607 0.374
201702 0.245 102.476 0.316
201705 0.538 103.108 0.690
201708 0.866 103.108 1.111
201711 0.853 103.740 1.088
201802 0.825 104.688 1.042
201805 0.807 105.399 1.013
201808 1.179 106.031 1.471
201811 1.406 105.478 1.763
201902 1.626 106.268 2.024
201905 1.843 107.927 2.259
201908 1.798 108.085 2.200
201911 1.782 107.769 2.187
202002 1.752 108.559 2.135
202005 1.912 107.532 2.352
202008 2.009 108.243 2.455
202103 2.610 110.298 3.130
202106 2.699 111.720 3.195
202109 2.905 112.905 3.403
202112 2.923 113.774 3.398
202203 2.901 117.646 3.261
202206 2.901 120.806 3.176
202209 2.947 120.648 3.231
202212 3.256 120.964 3.560
202303 3.375 122.702 3.638
202306 3.347 124.203 3.564
202309 3.337 125.230 3.524
202312 3.733 125.072 3.948
202403 3.742 126.258 3.920
202406 3.774 127.522 3.914
202409 3.724 127.285 3.870
202412 3.900 127.364 4.050
202503 3.925 129.181 4.019
202506 3.723 129.892 3.791
202509 3.787 130.287 3.844
202512 3.738 130.366 3.792
202603 3.717 132.262 3.717

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$2.51 mean?
Metalla Royalty & Streaming (TSXV:MTA) has a Cyclically Adjusted Book per Share of C$2.51 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 Metalla Royalty & Streaming and its competitors.
Is Metalla Royalty & Streaming's Cyclically Adjusted Book per Share too high?
Metalla Royalty & Streaming's current Cyclically Adjusted Book per Share is C$2.51. Overall, Metalla Royalty & Streaming has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Metalla Royalty & Streaming's Cyclically Adjusted Book per Share compare to HL?
Metalla Royalty & Streaming's Cyclically Adjusted Book per Share of C$2.51 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 Metalla Royalty & Streaming and its competitors. Metalla Royalty & Streaming's current Cyclically Adjusted Book per Share is C$2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalla Royalty & Streaming stock overvalued right now?
Based on GuruFocus' analysis, Metalla Royalty & Streaming (TSXV:MTA) is currently considered Modestly Undervalued. The stock's GF Value™ is C$11.11, compared to a current price of C$9.99 — trading 10.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is C$2.51. Metalla Royalty & Streaming's overall GF Score™ is 81/100 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 Metalla Royalty & Streaming (TSXV:MTA), the current Cyclically Adjusted Book per Share is C$2.51 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 Metalla Royalty & Streaming (TSXV:MTA) Overvalued in 2026?

Based on GuruFocus' analysis, Metalla Royalty & Streaming stock appears to be undervalued. The current stock price of C$9.99 is trading 10.1% below its estimated GF Value™ of C$11.11. GuruFocus considers Metalla Royalty & Streaming to be Modestly Undervalued.

Key valuation signals for TSXV:MTA:

  • Cyclically Adjusted Book per Share: C$2.51
  • GF Value™: C$11.11 vs. price of C$9.99 (10.1% below fair value)
  • GF Score™: 81/100 with 2 warning signs

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


Metalla Royalty & Streaming Business Description

Other Exchanges MTA:USA0A66:UKX9C:Germany
Address 543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
Metalla Royalty & Streaming Ltd is a precious metals royalty and streaming company that engages in the acquisition and management of precious metal royalties, streams, and similar production-based interests. It's a pure-play gold and silver streaming and royalty company. It generates revenue from royalties, streams, and other interests. Geographically, the company generates revenue from Australia, Brazil, Mexico, and the USA, with the majority generated from Brazil.
81GF Score

Get the complete analysis for TSXV:MTA

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

C$9.99
Price
C$11.11
GF Value