AGRDF (Minnova) Cyclically Adjusted PB Ratio: 0.61 (As of Jul. 15, 2026)

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AGRDF Minnova Corp AGRDF
32 GF Score
Price $0.14
! 1 Warning Sign
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What is Minnova Cyclically Adjusted PB Ratio?

Minnova AGRDF 32 Cyclically Adjusted PB Ratio is 0.61 as of Jul. 15, 2026. GuruFocus rates AGRDF with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 1,545 Metals & Mining companies, Minnova ranks better than 66.99% on this metric.

As of today (2026-07-15), Minnova's current share price is $0.135. Minnova's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $0.22. Minnova's Cyclically Adjusted PB Ratio for today is 0.61.

The historical rank and industry rank for Minnova's Cyclically Adjusted PB Ratio or its related term are showing as below:

AGRDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.69
Current: 0.69

During the past years, Minnova's highest Cyclically Adjusted PB Ratio was 0.69. The lowest was 0.00. And the median was 0.00.

AGRDF's Cyclically Adjusted PB Ratio is ranked better than
66.99% of 1545 companies
in the Metals & Mining industry
Industry Median: 1.44 vs AGRDF: 0.69

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.

Minnova's adjusted book value per share data for the three months ended in Dec. 2025 was $-0.013. 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 $0.22 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Minnova  (OTCPK:AGRDF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Minnova Cyclically Adjusted PB Ratio Related Terms


Minnova Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Minnova's Cyclically Adjusted PB Ratio 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.

Minnova Cyclically Adjusted PB Ratio Chart

Minnova Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.16 0.16 0.10 0.13

Minnova Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Cyclically Adjusted PB Ratio 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 0.14 0.13 0.17 0.62 0.83

AGRDF vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Minnova'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.


Minnova Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


AGRDF
32GF Score
Minnova Corp AGRDF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Minnova Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Minnova's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.135/0.22
=0.61

* 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.

Minnova's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Minnova'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)
=-0.013/130.3661*130.3661
=-0.013

Current CPI (Dec. 2025) = 130.3661.

Minnova Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.323 101.054 0.417
201606 0.318 102.002 0.406
201609 0.326 101.765 0.418
201612 0.351 101.449 0.451
201703 0.342 102.634 0.434
201706 0.341 103.029 0.431
201709 0.364 103.345 0.459
201712 0.349 103.345 0.440
201803 0.347 105.004 0.431
201806 0.338 105.557 0.417
201809 0.338 105.636 0.417
201812 0.326 105.399 0.403
201903 0.338 106.979 0.412
201906 0.343 107.690 0.415
201909 0.331 107.611 0.401
201912 0.325 107.769 0.393
202003 0.309 107.927 0.373
202006 0.317 108.401 0.381
202009 0.301 108.164 0.363
202012 0.298 108.559 0.358
202103 -0.072 110.298 -0.085
202106 0.303 111.720 0.354
202109 0.291 112.905 0.336
202112 0.273 113.774 0.313
202203 -0.048 117.646 -0.053
202206 0.233 120.806 0.251
202209 0.214 120.648 0.231
202212 0.209 120.964 0.225
202303 -0.042 122.702 -0.045
202306 -0.047 124.203 -0.049
202309 -0.045 125.230 -0.047
202312 -0.052 125.072 -0.054
202403 -0.046 126.258 -0.047
202406 -0.049 127.522 -0.050
202409 -0.053 127.285 -0.054
202412 -0.052 127.364 -0.053
202503 -0.050 129.181 -0.050
202506 -0.055 129.892 -0.055
202509 -0.034 130.287 -0.034
202512 -0.013 130.366 -0.013

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

What does a Cyclically Adjusted PB Ratio of 0.61 mean?
Minnova (AGRDF) has a Cyclically Adjusted PB Ratio of 0.61 as of Jul. 15, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Minnova and its competitors. According to the industry distribution chart, Minnova ranks #510 out of 1545 companies in the Metals & Mining industry, placing it in the top 33%.
Is Minnova's Cyclically Adjusted PB Ratio too high?
Minnova's current Cyclically Adjusted PB Ratio is 0.61. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.44. Minnova's value of 0.61 is 57.6% below this industry median. Based on the distribution chart, Minnova ranks #510 out of 1545 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Minnova has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Minnova's Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Minnova ranks #510 out of 1545 companies for Cyclically Adjusted PB Ratio. This puts Minnova in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.44. Minnova's value of 0.61 is 57.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.44, based on 1,545 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Minnova's current Cyclically Adjusted PB Ratio of 0.61 is 57.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Minnova and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minnova's current Cyclically Adjusted PB Ratio is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minnova stock overvalued right now?
Minnova (AGRDF) has a current Cyclically Adjusted PB Ratio of 0.61. The current Cyclically Adjusted PB Ratio is 0.61 and 57.6% below the Metals & Mining industry median of 1.44. Minnova's overall GF Score™ is 32/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Minnova (AGRDF), the current Cyclically Adjusted PB Ratio is 0.61 as of Jul. 15, 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.

Minnova Business Description

Other Exchanges 2J1A:GermanyMCI:Canada
Address 217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Minnova Corp is engaged in the exploration and development of mineral properties in Manitoba, Canada, specifically the past-producing PL Gold Mine. The company holds an interest in PL Gold Deposit and Nokomis Property. The PL Gold Mine holds an underground mining permit that includes approximately 1,000 tpd processing plant, and has over 7,000 meters of developed underground ramps to a depth of around 135 meters. The company's reportable segments are Mineral exploration and Renewable energy.
32GF Score

Get the complete analysis for AGRDF

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

$0.14
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