Maple Gold Mines (FRA:M3G0) Cyclically Adjusted PB Ratio: 11.64 (As of Aug. 17, 2026)

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FRA:M3G0 Maple Gold Mines Ltd FRA:M3G0
28 GF Score
Price €1.63
! 1 Warning Sign
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What is Maple Gold Mines Cyclically Adjusted PB Ratio?

Maple Gold Mines FRA:M3G0 -5.23% 28 Cyclically Adjusted PB Ratio is 11.64 as of Aug. 17, 2026. GuruFocus rates FRA:M3G0 with a GF Score™ of 28/100. The stock has 1 warning sign investors should review. Among 1,520 Metals & Mining companies, Maple Gold Mines ranks worse than 91.25% on this metric.

As of today (2026-08-17), Maple Gold Mines's current share price is €1.63. Maple Gold Mines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.14. Maple Gold Mines's Cyclically Adjusted PB Ratio for today is 11.64.

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

FRA:M3G0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 10.93
Current: 10.93

During the past years, Maple Gold Mines's highest Cyclically Adjusted PB Ratio was 10.93. The lowest was 0.00. And the median was 0.00.

FRA:M3G0's Cyclically Adjusted PB Ratio is ranked worse than
91.25% of 1520 companies
in the Metals & Mining industry
Industry Median: 1.515 vs FRA:M3G0: 10.93

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.

Maple Gold Mines's adjusted book value per share data for the three months ended in Mar. 2026 was €0.202. 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 €0.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maple Gold Mines  (FRA:M3G0) 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.


Maple Gold Mines Cyclically Adjusted PB Ratio Related Terms


Maple Gold Mines Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Maple Gold Mines'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.

Maple Gold Mines Cyclically Adjusted PB Ratio Chart

Maple Gold Mines Annual Data
Trend Dec16 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 2.08 1.30 0.71 0.81 7.22

Maple Gold Mines 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 1.12 2.19 5.27 7.22 9.21

FRA:M3G0 vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Maple Gold Mines'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.


Maple Gold Mines Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


FRA:M3G0
28GF Score
Maple Gold Mines Ltd FRA:M3G0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Maple Gold Mines 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.

Maple Gold Mines's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.63/0.14
=11.64

* 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.

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

For example, Maple Gold Mines'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)
=0.202/132.2623*132.2623
=0.202

Current CPI (Mar. 2026) = 132.2623.

Maple Gold Mines Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.019 102.002 0.025
201609 -0.018 101.765 -0.023
201612 0.235 101.449 0.306
201703 0.101 102.634 0.130
201706 0.230 103.029 0.295
201709 0.224 103.345 0.287
201712 0.113 103.345 0.145
201803 -0.003 105.004 -0.004
201806 0.100 105.557 0.125
201809 0.076 105.636 0.095
201812 0.113 105.399 0.142
201903 0.133 106.979 0.164
201906 0.096 107.690 0.118
201909 0.077 107.611 0.095
201912 0.095 107.769 0.117
202003 0.061 107.927 0.075
202006 0.042 108.401 0.051
202009 0.132 108.164 0.161
202012 0.382 108.559 0.465
202103 0.374 110.298 0.448
202106 0.361 111.720 0.427
202109 0.340 112.905 0.398
202112 0.369 113.774 0.429
202203 0.340 117.646 0.382
202206 0.321 120.806 0.351
202209 0.287 120.648 0.315
202212 0.191 120.964 0.209
202303 0.138 122.702 0.149
202306 0.108 124.203 0.115
202309 0.085 125.230 0.090
202312 0.061 125.072 0.065
202403 0.056 126.258 0.059
202406 0.063 127.522 0.065
202409 0.043 127.285 0.045
202412 0.077 127.364 0.080
202503 0.055 129.181 0.056
202506 0.056 129.892 0.057
202509 0.088 130.287 0.089
202512 0.150 130.366 0.152
202603 0.202 132.262 0.202

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 11.64 mean?
Maple Gold Mines (FRA:M3G0) has a Cyclically Adjusted PB Ratio of 11.64 as of Aug. 17, 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 Maple Gold Mines and its competitors. According to the industry distribution chart, Maple Gold Mines ranks #1387 out of 1520 companies in the Metals & Mining industry, placing it in the top 91.2%.
Is Maple Gold Mines' Cyclically Adjusted PB Ratio too high?
Maple Gold Mines' current Cyclically Adjusted PB Ratio is 11.64. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.52. Maple Gold Mines' value of 11.64 is 668.3% above this industry median. Based on the distribution chart, Maple Gold Mines ranks #1387 out of 1520 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Maple Gold Mines has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Maple Gold Mines' Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Maple Gold Mines ranks #1387 out of 1520 companies for Cyclically Adjusted PB Ratio. This places Maple Gold Mines in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. Maple Gold Mines' value of 11.64 is 668.3% above 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 1.52, based on 1,520 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. Maple Gold Mines's current Cyclically Adjusted PB Ratio of 11.64 is 668.3% above 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 Maple Gold Mines and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maple Gold Mines's current Cyclically Adjusted PB Ratio is 11.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maple Gold Mines stock overvalued right now?
Maple Gold Mines (FRA:M3G0) has a current Cyclically Adjusted PB Ratio of 11.64. The current Cyclically Adjusted PB Ratio is 11.64 and 668.3% above the Metals & Mining industry median of 1.52. Maple Gold Mines' overall GF Score™ is 28/100 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 Maple Gold Mines (FRA:M3G0), the current Cyclically Adjusted PB Ratio is 11.64 as of Aug. 17, 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.

Maple Gold Mines Business Description

Other Exchanges MGMLF:USA0AJ1:UKMGM:Canada
Address 600 - 1111 West Hastings Street, 6th Floor, Vancouver, BC, CAN, V6E 2J3
Maple Gold Mines Ltd is an exploration-stage company, predominantly involved in the exploration of mineral properties in Quebec, Canada. It is focused on advancing the district-scale Douay and Joutel gold projects located in the prolific Abitibi Greenstone Gold Belt of Quebec, Canada. In addition, the company holds full ownership of the Morris project in the Matagami mining district and holds an exclusive option to acquire Eagle Mine property and PAT Project.
28GF 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.

€1.63
Price