BMTLF (BeMetals) Cyclically Adjusted PB Ratio: 0.51 (As of Jul. 20, 2026)

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BMTLF BeMetals Corp BMTLF
34 GF Score
Price $0.35
! 2 Warning Signs
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What is BeMetals Cyclically Adjusted PB Ratio?

BeMetals BMTLF 34 Cyclically Adjusted PB Ratio is 0.51 as of Jul. 20, 2026. GuruFocus rates BMTLF with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 1,542 Metals & Mining companies, BeMetals ranks better than 72.57% on this metric.

As of today (2026-07-20), BeMetals's current share price is $0.3488. BeMetals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.69. BeMetals's Cyclically Adjusted PB Ratio for today is 0.51.

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

BMTLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.52
Current: 0.52

During the past years, BeMetals's highest Cyclically Adjusted PB Ratio was 0.52. The lowest was 0.00. And the median was 0.00.

BMTLF's Cyclically Adjusted PB Ratio is ranked better than
72.57% of 1542 companies
in the Metals & Mining industry
Industry Median: 1.375 vs BMTLF: 0.52

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.

BeMetals's adjusted book value per share data for the three months ended in Mar. 2026 was $0.159. 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 $0.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BeMetals  (OTCPK:BMTLF) 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.


BeMetals Cyclically Adjusted PB Ratio Related Terms


BeMetals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BeMetals'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.

BeMetals Cyclically Adjusted PB Ratio Chart

BeMetals Annual Data
Trend Jan16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.66 2.13 1.21 0.60 0.74

BeMetals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.57 0.39 0.59 0.74 0.61

BeMetals Cyclically Adjusted PB Ratio Competitor Comparison

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


BeMetals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


BMTLF
34GF Score
BeMetals Corp BMTLF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BeMetals 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.3488/0.69
=0.51

* 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.

BeMetals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, BeMetals'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)
=0.159/132.2623*132.2623
=0.159

Current CPI (Mar. 2026) = 132.2623.

BeMetals Quarterly Data

Book Value per Share CPI Adj_Book
201604 0.083 101.370 0.108
201607 0.078 101.844 0.101
201610 0.070 102.002 0.091
201703 0.152 102.634 0.196
201706 0.000 103.029 0.000
201709 -0.005 103.345 -0.006
201712 -0.016 103.345 -0.020
201803 -0.032 105.004 -0.040
201806 -0.054 105.557 -0.068
201809 0.184 105.636 0.230
201812 0.146 105.399 0.183
201903 0.170 106.979 0.210
201906 0.703 107.690 0.863
201909 0.700 107.611 0.860
201912 0.688 107.769 0.844
202003 0.642 107.927 0.787
202006 0.656 108.401 0.800
202009 1.010 108.164 1.235
202012 1.021 108.559 1.244
202103 1.039 110.298 1.246
202106 1.680 111.720 1.989
202109 1.610 112.905 1.886
202112 1.579 113.774 1.836
202203 1.573 117.646 1.768
202206 1.542 120.806 1.688
202209 1.461 120.648 1.602
202212 0.899 120.964 0.983
202303 0.876 122.702 0.944
202306 0.878 124.203 0.935
202309 0.895 125.230 0.945
202312 0.874 125.072 0.924
202403 0.864 126.258 0.905
202406 0.824 127.522 0.855
202409 0.793 127.285 0.824
202412 0.733 127.364 0.761
202503 0.714 129.181 0.731
202506 0.193 129.892 0.197
202509 0.175 130.287 0.178
202512 0.164 130.366 0.166
202603 0.159 132.262 0.159

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 0.51 mean?
BeMetals (BMTLF) has a Cyclically Adjusted PB Ratio of 0.51 as of Jul. 20, 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 BeMetals and its competitors. According to the industry distribution chart, BeMetals ranks #423 out of 1542 companies in the Metals & Mining industry, placing it in the top 27.4%.
Is BeMetals' Cyclically Adjusted PB Ratio too high?
BeMetals' current Cyclically Adjusted PB Ratio is 0.51. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.38. BeMetals' value of 0.51 is 62.9% below this industry median. Based on the distribution chart, BeMetals ranks #423 out of 1542 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, BeMetals has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does BeMetals' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, BeMetals ranks #423 out of 1542 companies for Cyclically Adjusted PB Ratio. This puts BeMetals in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.38. BeMetals' value of 0.51 is 62.9% 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 1.38, based on 1,542 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. BeMetals's current Cyclically Adjusted PB Ratio of 0.51 is 62.9% 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 BeMetals and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BeMetals's current Cyclically Adjusted PB Ratio is 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BeMetals stock overvalued right now?
BeMetals (BMTLF) has a current Cyclically Adjusted PB Ratio of 0.51. The current Cyclically Adjusted PB Ratio is 0.51 and 62.9% below the Metals & Mining industry median of 1.38. BeMetals' overall GF Score™ is 34/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For BeMetals (BMTLF), the current Cyclically Adjusted PB Ratio is 0.51 as of Jul. 20, 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.

BeMetals Business Description

Other Exchanges 1OI0:GermanyBMET:Canada
Address 666 Burrard Street, Park Place, Suite 3400, Vancouver, BC, CAN, V6C 2X8
BeMetals Corp is a base and precious metals exploration and development company. The company holds option agreements to acquire up to a 72% interest in the Pangeni Copper Project on the western extension of the Zambian Copperbelt and up to a 100% interest in the Savant Gold Project in northwestern Ontario, Canada. In addition, the company owns the Kazan Gold Projects, a portfolio of four gold exploration projects in Japan, on which it has granted an option which allows the option holder to earn up to an 80% interest in these projects. The Company operates in one segment, being exploration and evaluation of mineral properties, in Canada, Zambia and Japan.
34GF Score

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

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