CMRZF (Commerce Resources) Cyclically Adjusted PB Ratio: (As of Jul. 29, 2026)

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CMRZF Commerce Resources Corp CMRZF
12 GF Score
Price $0.09
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What is Commerce Resources Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Commerce Resources  (OTCPK:CMRZF) 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.


Commerce Resources Cyclically Adjusted PB Ratio Related Terms


Commerce Resources Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Commerce Resources'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.

Commerce Resources Cyclically Adjusted PB Ratio Chart

Commerce Resources Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Commerce Resources Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 0.00 0.00 0.08 0.06

Commerce Resources Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Commerce 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.


Commerce Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


CMRZF
12GF Score
Commerce Resources Corp CMRZF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Commerce Resources 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.

Commerce Resources's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Commerce Resources's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.211/137.5168*137.5168
=0.211

Current CPI (Apr. 2026) = 137.5168.

Commerce Resources Quarterly Data

Book Value per Share CPI Adj_Book
201607 1.779 101.602 2.408
201610 1.695 102.159 2.282
201701 1.707 102.624 2.287
201704 1.507 102.809 2.016
201707 1.541 103.460 2.048
201710 1.544 104.110 2.039
201801 1.553 104.574 2.042
201804 1.534 104.945 2.010
201807 1.484 105.410 1.936
201810 1.474 105.967 1.913
201901 1.444 105.967 1.874
201904 1.438 106.617 1.855
201907 1.478 107.174 1.896
201910 1.117 107.917 1.423
202001 1.149 108.289 1.459
202004 1.031 106.246 1.334
202007 0.898 107.917 1.144
202010 0.937 108.846 1.184
202101 0.721 109.496 0.906
202104 0.738 110.332 0.920
202107 0.679 111.168 0.840
202110 0.674 112.654 0.823
202201 0.630 115.069 0.753
202204 0.632 117.112 0.742
202207 0.596 119.248 0.687
202210 0.571 121.477 0.646
202301 0.536 123.148 0.599
202304 0.537 124.170 0.595
202307 0.552 125.656 0.604
202310 0.329 126.399 0.358
202401 0.342 127.606 0.369
202404 0.329 128.906 0.351
202407 0.197 129.185 0.210
202410 0.184 129.464 0.195
202501 0.170 130.671 0.179
202504 0.172 132.006 0.179
202507 0.173 133.276 0.179
202510 0.210 133.758 0.216
202601 0.210 135.550 0.213
202604 0.211 137.517 0.211

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.


Commerce Resources Business Description

Address 2 Bligh Street, Level 8, SYDNEY, NSW, AUS, 2000
Mont Royal Resources Ltd is a critical minerals development and exploration company with projects in Quebec, Canada. Company's projects include also includes the Eldor Niobium Project, located adjacent to Ashram, and the Northern Lights Lithium Project, located in the world-class James Bay region of Quebec, creating a diversified platform aligned the clean energy transition.
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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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