MNSAF (Mineros) Cyclically Adjusted PB Ratio: 3.56 (As of Jul. 10, 2026) — 12% Above Median


MNSAF Mineros SA MNSAF
72 GF Score
Price $4.63
GF Value $1.91
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Mineros Cyclically Adjusted PB Ratio?

Mineros MNSAF +2.00% 72 Cyclically Adjusted PB Ratio is 3.56 as of Jul. 10, 2026, which is 12% above its 10-year median of 3.19. GuruFocus rates MNSAF with a GF Score™ of 72/100 and a GF Value™ of $1.91 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,546 Metals & Mining companies, Mineros ranks worse than 69.21% on this metric.

As of today (2026-07-10), Mineros's current share price is $4.6307. Mineros's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.30. Mineros's Cyclically Adjusted PB Ratio for today is 3.56.

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

MNSAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.53   Med: 3.19   Max: 4.34
Current: 3.32

During the past years, Mineros's highest Cyclically Adjusted PB Ratio was 4.34. The lowest was 2.53. And the median was 3.19.

MNSAF's Cyclically Adjusted PB Ratio is ranked worse than
69.21% of 1546 companies
in the Metals & Mining industry
Industry Median: 1.495 vs MNSAF: 3.32

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.

Mineros's adjusted book value per share data for the three months ended in Mar. 2026 was $1.930. 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 $1.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mineros  (OTCPK:MNSAF) 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.


Mineros Cyclically Adjusted PB Ratio Related Terms


Mineros Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mineros'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.

Mineros Cyclically Adjusted PB Ratio Chart

Mineros 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 0.00 0.00 0.00 0.00 3.28

Mineros 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 0.00 0.00 2.16 3.28 2.69

MNSAF vs NEM, AU, RGLD: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Mineros'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.


Mineros Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


MNSAF
72GF Score
Mineros SA MNSAF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mineros 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.

Mineros's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.6307/1.30
=3.56

* 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.

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

For example, Mineros'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)
=1.93/330.2130*330.2130
=1.930

Current CPI (Mar. 2026) = 330.2130.

Mineros Quarterly Data

Book Value per Share CPI Adj_Book
201112 0.879 225.672 1.286
201212 1.156 229.601 1.663
201312 1.043 233.049 1.478
201412 0.883 234.812 1.242
201503 0.000 236.119 0.000
201506 0.000 238.638 0.000
201509 0.000 237.945 0.000
201512 0.703 236.525 0.981
201603 0.000 238.132 0.000
201612 0.782 241.432 1.070
201706 0.000 244.955 0.000
201712 0.885 246.524 1.185
201806 0.877 251.989 1.149
201812 0.962 251.233 1.264
201906 0.925 256.143 1.192
201912 1.058 256.974 1.360
202006 1.038 257.797 1.330
202009 0.000 260.280 0.000
202012 1.202 260.474 1.524
202103 0.000 264.877 0.000
202106 1.234 271.696 1.500
202109 1.255 274.310 1.511
202112 1.226 278.802 1.452
202203 1.181 287.504 1.356
202206 1.227 296.311 1.367
202209 1.240 296.808 1.380
202212 1.156 296.797 1.286
202303 1.133 301.836 1.240
202306 1.187 305.109 1.285
202309 1.083 307.789 1.162
202312 1.153 306.746 1.241
202403 1.108 312.332 1.171
202406 1.167 314.175 1.227
202409 1.263 315.301 1.323
202412 1.363 315.605 1.426
202503 1.392 319.799 1.437
202506 1.559 322.561 1.596
202509 1.702 324.800 1.730
202512 1.737 324.054 1.770
202603 1.930 330.213 1.930

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 3.56 mean?
Mineros (MNSAF) has a Cyclically Adjusted PB Ratio of 3.56 as of Jul. 10, 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 Mineros and its competitors. This is 12% above median its historical median of 3.19. Over the past decade, Mineros' Cyclically Adjusted PB Ratio has ranged from 2.53 to 4.34. According to the industry distribution chart, Mineros ranks #1070 out of 1546 companies in the Metals & Mining industry, placing it in the top 69.2%.
Is Mineros' Cyclically Adjusted PB Ratio too high?
Mineros' current Cyclically Adjusted PB Ratio of 3.56 is 12% above median its 10-year median of 3.19. Over the past 10 years, this metric has ranged from a low of 2.53 to a high of 4.34. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.50. Mineros' value of 3.56 is 138.1% above this industry median. Based on the distribution chart, Mineros ranks #1070 out of 1546 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Mineros has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mineros' Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Mineros ranks #1070 out of 1546 companies for Cyclically Adjusted PB Ratio. This places Mineros in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.50. Mineros' value of 3.56 is 138.1% above this benchmark. Historically, Mineros' own Cyclically Adjusted PB Ratio has ranged from 2.53 to 4.34 over the past decade. While the company's 10-year median is 3.19 vs. the industry median of 1.50, Mineros has consistently been above 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 1.50, based on 1,546 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. Mineros's current Cyclically Adjusted PB Ratio of 3.56 is 138.1% 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 Mineros and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mineros's current Cyclically Adjusted PB Ratio is 3.56, which is 12% above median its own 10-year median of 3.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineros stock overvalued right now?
Based on GuruFocus' analysis, Mineros (MNSAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.91, compared to a current price of $4.63 — trading 142.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.56, which is 12% above median its 10-year median of 3.19 and 138.1% above the Metals & Mining industry median of 1.50. Mineros' overall GF Score™ is 72/100 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 Mineros (MNSAF), the current Cyclically Adjusted PB Ratio is 3.56 as of Jul. 10, 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 Mineros (MNSAF) Overvalued in 2026?

Based on GuruFocus' analysis, Mineros stock appears to be overvalued. The current stock price of $4.63 is trading 142.4% above its estimated GF Value™ of $1.91. GuruFocus considers Mineros to be Significantly Overvalued.

Key valuation signals for MNSAF:

  • Cyclically Adjusted PB Ratio: 3.56 (12% above median its 10-year median of 3.19)
  • GF Value™: $1.91 vs. price of $4.63 (142.4% above fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 138.1% above the Metals & Mining median (#1070 of 1546)

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


Mineros Business Description

Other Exchanges MINEROS:ColombiaMSA:Canada
Address Carrera 43 A No 14-109, Nova Tempo Building, 6th floor, Medellin, COL
Mineros SA is a precious metals producer with gold production, development, and exploration stage properties in Latin and South America, including Colombia and Nicaragua. Its principal producing mining properties are the Nechi Alluvial mine in Colombia and the Pioneer and Panama mines in Nicaragua. The Group operates in two principal countries, Colombia (Nechi Alluvial) and Nicaragua (HEMCO Nicaragua). The Group also has gold exploration projects, including the La Pepa project in Chile, included in the Segment Chile (La Pepa). Key revenue is generated from Nicaragua (HEMCO Nicaragua).
72GF Score

Get the complete analysis for MNSAF

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

$4.63
Price
$1.91
GF Value