MGMLF (Maple Gold Mines) Cyclically Adjusted PB Ratio: 9.80 (As of Aug. 04, 2026)

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MGMLF Maple Gold Mines Ltd MGMLF
32 GF Score
Price $1.86
! 1 Warning Sign
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What is Maple Gold Mines Cyclically Adjusted PB Ratio?

Maple Gold Mines MGMLF +2.28% 32 Cyclically Adjusted PB Ratio is 9.80 as of Aug. 04, 2026. GuruFocus rates MGMLF with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 1,535 Metals & Mining companies, Maple Gold Mines ranks worse than 91.4% on this metric.

As of today (2026-08-04), Maple Gold Mines's current share price is $1.8615. Maple Gold Mines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.19. Maple Gold Mines's Cyclically Adjusted PB Ratio for today is 9.80.

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

MGMLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 9.99
Current: 9.99

During the past years, Maple Gold Mines's highest Cyclically Adjusted PB Ratio was 9.99. The lowest was 0.00. And the median was 0.00.

MGMLF's Cyclically Adjusted PB Ratio is ranked worse than
91.4% of 1535 companies
in the Metals & Mining industry
Industry Median: 1.4 vs MGMLF: 9.99

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 $0.233. 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 $0.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maple Gold Mines  (OTCPK:MGMLF) 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

MGMLF 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.


MGMLF
32GF Score
Maple Gold Mines Ltd MGMLF
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
=1.8615/0.19
=9.80

* 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)
=0.233/132.2623*132.2623
=0.233

Current CPI (Mar. 2026) = 132.2623.

Maple Gold Mines Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.022 102.002 0.029
201609 -0.020 101.765 -0.026
201612 0.247 101.449 0.322
201703 0.108 102.634 0.139
201706 0.259 103.029 0.332
201709 0.267 103.345 0.342
201712 0.134 103.345 0.171
201803 -0.003 105.004 -0.004
201806 0.116 105.557 0.145
201809 0.088 105.636 0.110
201812 0.128 105.399 0.161
201903 0.150 106.979 0.185
201906 0.109 107.690 0.134
201909 0.085 107.611 0.104
201912 0.105 107.769 0.129
202003 0.067 107.927 0.082
202006 0.047 108.401 0.057
202009 0.155 108.164 0.190
202012 0.464 108.559 0.565
202103 0.446 110.298 0.535
202106 0.435 111.720 0.515
202109 0.400 112.905 0.469
202112 0.417 113.774 0.485
202203 0.374 117.646 0.420
202206 0.340 120.806 0.372
202209 0.284 120.648 0.311
202212 0.203 120.964 0.222
202303 0.147 122.702 0.158
202306 0.117 124.203 0.125
202309 0.090 125.230 0.095
202312 0.066 125.072 0.070
202403 0.061 126.258 0.064
202406 0.068 127.522 0.071
202409 0.047 127.285 0.049
202412 0.080 127.364 0.083
202503 0.059 129.181 0.060
202506 0.064 129.892 0.065
202509 0.103 130.287 0.105
202512 0.176 130.366 0.179
202603 0.233 132.262 0.233

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 9.80 mean?
Maple Gold Mines (MGMLF) has a Cyclically Adjusted PB Ratio of 9.80 as of Aug. 04, 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 #1403 out of 1535 companies in the Metals & Mining industry, placing it in the top 91.4%.
Is Maple Gold Mines' Cyclically Adjusted PB Ratio too high?
Maple Gold Mines' current Cyclically Adjusted PB Ratio is 9.80. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. Maple Gold Mines' value of 9.80 is 600% above this industry median. Based on the distribution chart, Maple Gold Mines ranks #1403 out of 1535 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Maple Gold Mines has a GF Score™ of 32/100, 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 #1403 out of 1535 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 1.40. Maple Gold Mines' value of 9.80 is 600% 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 1.40, 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. Maple Gold Mines's current Cyclically Adjusted PB Ratio of 9.80 is 600% 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 1.40 — 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 9.80. 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 (MGMLF) has a current Cyclically Adjusted PB Ratio of 9.80. The current Cyclically Adjusted PB Ratio is 9.80 and 600% above the Metals & Mining industry median of 1.40. Maple Gold Mines' 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 Maple Gold Mines (MGMLF), the current Cyclically Adjusted PB Ratio is 9.80 as of Aug. 04, 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

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.
32GF 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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