CMMMF (Comstock Metals) Cyclically Adjusted PB Ratio: 0.16 (As of Aug. 01, 2026)

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What is Comstock Metals Cyclically Adjusted PB Ratio?

Comstock Metals CMMMF Cyclically Adjusted PB Ratio is 0.16 as of Aug. 01, 2026. The stock has 1 warning sign investors should review. Among 1,535 Metals & Mining companies, Comstock Metals ranks better than 91.92% on this metric.

As of today (2026-08-01), Comstock Metals's current share price is $0.028. Comstock Metals's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $0.18. Comstock Metals's Cyclically Adjusted PB Ratio for today is 0.16.

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

CMMMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.12
Current: 0.12

During the past years, Comstock Metals's highest Cyclically Adjusted PB Ratio was 0.12. The lowest was 0.00. And the median was 0.00.

CMMMF's Cyclically Adjusted PB Ratio is ranked better than
91.92% of 1535 companies
in the Metals & Mining industry
Industry Median: 1.4 vs CMMMF: 0.12

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.

Comstock Metals's adjusted book value per share data for the three months ended in Jun. 2026 was $0.050. 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 $0.18 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comstock Metals  (OTCPK:CMMMF) 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.


Comstock Metals Cyclically Adjusted PB Ratio Related Terms


Comstock Metals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Comstock Metals'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.

Comstock Metals Cyclically Adjusted PB Ratio Chart

Comstock Metals Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.04 0.03 0.02 0.03

Comstock Metals Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.03 0.03 0.05 0.08 0.16

CMMMF vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Comstock Metals'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.


Comstock Metals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Comstock Metals 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.

Comstock Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.028/0.18
=0.16

* 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.

Comstock Metals's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Comstock Metals's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.05/134.0005*134.0005
=0.050

Current CPI (Jun. 2026) = 134.0005.

Comstock Metals Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.818 101.765 1.077
201612 0.797 101.449 1.053
201703 0.732 102.634 0.956
201706 0.727 103.029 0.946
201709 0.775 103.345 1.005
201712 0.705 103.345 0.914
201803 0.697 105.004 0.889
201806 0.703 105.557 0.892
201809 0.469 105.636 0.595
201812 0.452 105.399 0.575
201903 0.423 106.979 0.530
201906 0.419 107.690 0.521
201909 0.209 107.611 0.260
201912 0.214 107.769 0.266
202003 0.147 107.927 0.183
202006 0.163 108.401 0.201
202009 0.146 108.164 0.181
202012 0.091 108.559 0.112
202103 0.091 110.298 0.111
202106 0.091 111.720 0.109
202109 0.089 112.905 0.106
202112 0.073 113.774 0.086
202203 0.073 117.646 0.083
202206 0.048 120.806 0.053
202209 0.038 120.648 0.042
202212 0.022 120.964 0.024
202303 0.015 122.702 0.016
202306 0.008 124.203 0.009
202309 0.007 125.230 0.007
202312 0.001 125.072 0.001
202403 0.000 126.258 0.000
202406 0.005 127.522 0.005
202409 0.005 127.285 0.005
202412 -0.001 127.364 -0.001
202503 0.003 129.181 0.003
202506 0.007 129.892 0.007
202509 0.013 130.287 0.013
202512 0.028 130.366 0.029
202603 0.032 132.262 0.032
202606 0.050 134.001 0.050

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 0.16 mean?
Comstock Metals (CMMMF) has a Cyclically Adjusted PB Ratio of 0.16 as of Aug. 01, 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 Comstock Metals and its competitors. According to the industry distribution chart, Comstock Metals ranks #124 out of 1535 companies in the Metals & Mining industry, placing it in the top 8.1%.
Is Comstock Metals' Cyclically Adjusted PB Ratio too high?
Comstock Metals' current Cyclically Adjusted PB Ratio is 0.16. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. Comstock Metals' value of 0.16 is 88.6% below this industry median. Based on the distribution chart, Comstock Metals ranks #124 out of 1535 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Comstock Metals' Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Comstock Metals ranks #124 out of 1535 companies for Cyclically Adjusted PB Ratio. This places Comstock Metals in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.40. Comstock Metals' value of 0.16 is 88.6% 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 1.40, based on 1,535 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. Comstock Metals's current Cyclically Adjusted PB Ratio of 0.16 is 88.6% 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 Comstock Metals and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comstock Metals's current Cyclically Adjusted PB Ratio is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comstock Metals stock overvalued right now?
Comstock Metals (CMMMF) has a current Cyclically Adjusted PB Ratio of 0.16. The current Cyclically Adjusted PB Ratio is 0.16 and 88.6% below the Metals & Mining industry median of 1.40. 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 Comstock Metals (CMMMF), the current Cyclically Adjusted PB Ratio is 0.16 as of Aug. 01, 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.

Comstock Metals Business Description

Other Exchanges CSL.H:Canada
Address Rpo Parkgate Vlg, P.O. Box 30072, North Vancouver, Vancouver, BC, CAN, V7H 2Y8
Comstock Metals Ltd is engaged in the acquisition and exploration of mineral properties in Canada. The company is focused on identifying new opportunities.