MMTMF (Monument Mining) Cyclically Adjusted PB Ratio: 0.89 (As of Aug. 03, 2026) — 709% Above Median

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MMTMF Monument Mining Ltd MMTMF
43 GF Score
Price $0.52
GF Value $0.72
Valuation Modestly Undervalued
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What is Monument Mining Cyclically Adjusted PB Ratio?

Monument Mining MMTMF -3.43% 43 Cyclically Adjusted PB Ratio is 0.89 as of Aug. 03, 2026, which is 709% above its 10-year median of 0.11. GuruFocus rates MMTMF with a GF Score™ of 43/100 and a GF Value™ of $0.72 (Modestly Undervalued). Among 1,535 Metals & Mining companies, Monument Mining ranks better than 62.54% on this metric.

As of today (2026-08-03), Monument Mining's current share price is $0.5244. Monument Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.59. Monument Mining's Cyclically Adjusted PB Ratio for today is 0.89.

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

MMTMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.11   Max: 1.5
Current: 0.85

During the past years, Monument Mining's highest Cyclically Adjusted PB Ratio was 1.50. The lowest was 0.04. And the median was 0.11.

MMTMF's Cyclically Adjusted PB Ratio is ranked better than
62.54% of 1535 companies
in the Metals & Mining industry
Industry Median: 1.4 vs MMTMF: 0.85

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.

Monument Mining's adjusted book value per share data for the three months ended in Mar. 2026 was $0.599. 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 $0.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monument Mining  (OTCPK:MMTMF) 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.


Monument Mining Cyclically Adjusted PB Ratio Related Terms


Monument Mining Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Monument Mining'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.

Monument Mining Cyclically Adjusted PB Ratio Chart

Monument Mining Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.10 0.11 0.16 0.44

Monument Mining 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 0.50 0.44 0.72 1.42 1.18

MMTMF vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Monument Mining'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.


Monument Mining Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


MMTMF
43GF Score
Monument Mining Ltd MMTMF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Monument Mining 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.

Monument Mining's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.5244/0.59
=0.89

* 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.

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

For example, Monument Mining'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)
=0.599/132.2623*132.2623
=0.599

Current CPI (Mar. 2026) = 132.2623.

Monument Mining Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.739 102.002 0.958
201609 0.735 101.765 0.955
201612 0.735 101.449 0.958
201703 0.729 102.634 0.939
201706 0.719 103.029 0.923
201709 0.715 103.345 0.915
201712 0.709 103.345 0.907
201803 0.705 105.004 0.888
201806 0.702 105.557 0.880
201809 0.706 105.636 0.884
201812 0.706 105.399 0.886
201903 0.703 106.979 0.869
201906 0.697 107.690 0.856
201909 0.697 107.611 0.857
201912 0.692 107.769 0.849
202003 0.697 107.927 0.854
202006 0.690 108.401 0.842
202009 0.689 108.164 0.843
202012 0.687 108.559 0.837
202103 0.397 110.298 0.476
202106 0.389 111.720 0.461
202109 0.385 112.905 0.451
202112 0.377 113.774 0.438
202203 0.368 117.646 0.414
202206 0.368 120.806 0.403
202209 0.368 120.648 0.403
202212 0.358 120.964 0.391
202303 0.355 122.702 0.383
202306 0.349 124.203 0.372
202309 0.349 125.230 0.369
202312 0.347 125.072 0.367
202403 0.350 126.258 0.367
202406 0.369 127.522 0.383
202409 0.378 127.285 0.393
202412 0.405 127.364 0.421
202503 0.419 129.181 0.429
202506 0.483 129.892 0.492
202509 0.491 130.287 0.498
202512 0.534 130.366 0.542
202603 0.599 132.262 0.599

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 0.89 mean?
Monument Mining (MMTMF) has a Cyclically Adjusted PB Ratio of 0.89 as of Aug. 03, 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 Monument Mining and its competitors. This is 709% above median its historical median of 0.11. Over the past decade, Monument Mining's Cyclically Adjusted PB Ratio has ranged from 0.04 to 1.50. According to the industry distribution chart, Monument Mining ranks #575 out of 1535 companies in the Metals & Mining industry, placing it in the top 37.5%.
Is Monument Mining's Cyclically Adjusted PB Ratio too high?
Monument Mining's current Cyclically Adjusted PB Ratio of 0.89 is 709% above median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 1.50. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. Monument Mining's value of 0.89 is 36.4% below this industry median. Based on the distribution chart, Monument Mining ranks #575 out of 1535 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Monument Mining has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Monument Mining's Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Monument Mining ranks #575 out of 1535 companies for Cyclically Adjusted PB Ratio. This puts Monument Mining in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.40. Monument Mining's value of 0.89 is 36.4% below this benchmark. Historically, Monument Mining's own Cyclically Adjusted PB Ratio has ranged from 0.04 to 1.50 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 1.40, Monument Mining has consistently been below the industry average. 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. Monument Mining's current Cyclically Adjusted PB Ratio of 0.89 is 36.4% 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 Monument Mining 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. Monument Mining's current Cyclically Adjusted PB Ratio is 0.89, which is 709% above median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monument Mining stock overvalued right now?
Based on GuruFocus' analysis, Monument Mining (MMTMF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.72, compared to a current price of $0.52 — trading 27.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.89, which is 709% above median its 10-year median of 0.11 and 36.4% below the Metals & Mining industry median of 1.40. Monument Mining's overall GF Score™ is 43/100. 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 Monument Mining (MMTMF), the current Cyclically Adjusted PB Ratio is 0.89 as of Aug. 03, 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.

Is Monument Mining (MMTMF) Overvalued in 2026?

Based on GuruFocus' analysis, Monument Mining stock appears to be undervalued. The current stock price of $0.52 is trading 27.2% below its estimated GF Value™ of $0.72. GuruFocus considers Monument Mining to be Modestly Undervalued.

Key valuation signals for MMTMF:

  • Cyclically Adjusted PB Ratio: 0.89 (709% above median its 10-year median of 0.11)
  • GF Value™: $0.72 vs. price of $0.52 (27.2% below fair value)
  • GF Score™: 43/100
  • Industry Position: 36.4% below the Metals & Mining median (#575 of 1535)

No single metric tells the full story. See the MMTMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Monument Mining Business Description

Other Exchanges D7Q1:GermanyMMY:Canada
Address 1100 Melville Street, Suite 1580, Vancouver, BC, CAN, V6E 4A6
Monument Mining Ltd is a Vancouver-based gold producer focused on the operation, acquisition, exploration, and development of precious metals, mainly gold. The Company operates through three main segments: Mine Operation (gold), Exploration and Evaluation (gold), and Corporate. Its mining operations are located in Malaysia, while its exploration and evaluation activities take place in both Malaysia and Australia. The corporate head office is the final reportable operating segment. The Selinsing gold portfolio includes the Selinsing, Buffalo Reef, Felda Land, and Famehub properties in Pahang State, Malaysia. In Western Australia, the Company manages the Murchison Gold Projects, which consist of the Burnakura, Gabanintha, and Tuckanarra properties.
43GF Score

Get the complete analysis for MMTMF

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.52
Price
$0.72
GF Value