MGMLF (Maple Gold Mines) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MGMLF Maple Gold Mines Ltd MGMLF
32 GF Score
Price $2.08
! 1 Warning Sign
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What is Maple Gold Mines Cyclically Adjusted PB Ratio?

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 2.51 1.88 2.43 1.75 5.45

Maple Gold Mines 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 1.51 3.22 6.90 8.63 9.46

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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Maple Gold Mines'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)
=0.194/133.5265*133.5265
=0.194

Current CPI (Jun. 2026) = 133.5265.

Maple Gold Mines Quarterly Data

Book Value per Share CPI Adj_Book
201609 -0.020 101.765 -0.026
201612 0.246 101.449 0.324
201703 0.109 102.634 0.142
201706 0.265 103.029 0.343
201709 0.262 103.345 0.339
201712 0.137 103.345 0.177
201803 -0.003 105.004 -0.004
201806 0.116 105.557 0.147
201809 0.089 105.636 0.112
201812 0.126 105.399 0.160
201903 0.151 106.979 0.188
201906 0.111 107.690 0.138
201909 0.085 107.611 0.105
201912 0.107 107.769 0.133
202003 0.066 107.927 0.082
202006 0.047 108.401 0.058
202009 0.154 108.164 0.190
202012 0.467 108.559 0.574
202103 0.446 110.298 0.540
202106 0.430 111.720 0.514
202109 0.401 112.905 0.474
202112 0.423 113.774 0.496
202203 0.379 117.646 0.430
202206 0.337 120.806 0.372
202209 0.275 120.648 0.304
202212 0.203 120.964 0.224
202303 0.149 122.702 0.162
202306 0.118 124.203 0.127
202309 0.090 125.230 0.096
202312 0.068 125.072 0.073
202403 0.061 126.258 0.065
202406 0.068 127.522 0.071
202409 0.047 127.285 0.049
202412 0.080 127.364 0.084
202503 0.059 129.181 0.061
202506 0.065 129.892 0.067
202509 0.102 130.287 0.105
202512 0.177 130.366 0.181
202603 0.229 132.262 0.231
202606 0.194 133.527 0.194

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.


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.

$2.08
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