MNXXF (Manganese X Energy) Cyclically Adjusted PB Ratio: 6.50 (As of Aug. 06, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

What is Manganese X Energy Cyclically Adjusted PB Ratio?

Manganese X Energy MNXXF -5.25% Cyclically Adjusted PB Ratio is 6.50 as of Aug. 06, 2026. The stock has 1 warning sign investors should review. Among 1,534 Metals & Mining companies, Manganese X Energy ranks worse than 78.88% on this metric.

As of today (2026-08-06), Manganese X Energy's current share price is $0.065. Manganese X Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.01. Manganese X Energy's Cyclically Adjusted PB Ratio for today is 6.50.

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

MNXXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 5.09
Current: 5.09

During the past years, Manganese X Energy's highest Cyclically Adjusted PB Ratio was 5.09. The lowest was 0.00. And the median was 0.00.

MNXXF's Cyclically Adjusted PB Ratio is ranked worse than
78.88% of 1534 companies
in the Metals & Mining industry
Industry Median: 1.41 vs MNXXF: 5.09

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.

Manganese X Energy's adjusted book value per share data for the three months ended in Mar. 2026 was $0.004. 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 $0.01 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Manganese X Energy  (OTCPK:MNXXF) 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.


Manganese X Energy Cyclically Adjusted PB Ratio Related Terms


Manganese X Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Manganese X Energy'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.

Manganese X Energy Cyclically Adjusted PB Ratio Chart

Manganese X Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 5.89

Manganese X Energy 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 6.21 9.79 5.89

Manganese X Energy Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Manganese X Energy'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.


Manganese X Energy Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Manganese X Energy 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.

Manganese X Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.065/0.01
=6.50

* 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.

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

For example, Manganese X Energy'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)
=0.004/132.2623*132.2623
=0.004

Current CPI (Mar. 2026) = 132.2623.

Manganese X Energy Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.107 102.002 -0.139
201609 0.009 101.765 0.012
201612 0.000 101.449 0.000
201703 0.019 102.634 0.024
201706 0.011 103.029 0.014
201709 0.009 103.345 0.012
201712 0.007 103.345 0.009
201803 0.016 105.004 0.020
201806 0.016 105.557 0.020
201809 0.013 105.636 0.016
201812 0.010 105.399 0.013
201903 0.012 106.979 0.015
201906 0.016 107.690 0.020
201909 0.015 107.611 0.018
201912 0.012 107.769 0.015
202003 0.010 107.927 0.012
202006 0.007 108.401 0.009
202009 0.023 108.164 0.028
202012 0.025 108.559 0.030
202103 0.037 110.298 0.044
202106 0.033 111.720 0.039
202109 0.031 112.905 0.036
202112 0.028 113.774 0.033
202203 0.025 117.646 0.028
202206 0.023 120.806 0.025
202209 0.020 120.648 0.022
202212 0.025 120.964 0.027
202303 0.021 122.702 0.023
202306 0.019 124.203 0.020
202309 0.016 125.230 0.017
202312 0.014 125.072 0.015
202403 0.011 126.258 0.012
202406 0.010 127.522 0.010
202409 0.009 127.285 0.009
202412 0.006 127.364 0.006
202503 0.010 129.181 0.010
202506 0.009 129.892 0.009
202509 0.008 130.287 0.008
202512 0.007 130.366 0.007
202603 0.004 132.262 0.004

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 6.50 mean?
Manganese X Energy (MNXXF) has a Cyclically Adjusted PB Ratio of 6.50 as of Aug. 06, 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 Manganese X Energy and its competitors. According to the industry distribution chart, Manganese X Energy ranks #1210 out of 1534 companies in the Metals & Mining industry, placing it in the top 78.9%.
Is Manganese X Energy's Cyclically Adjusted PB Ratio too high?
Manganese X Energy's current Cyclically Adjusted PB Ratio is 6.50. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.41. Manganese X Energy's value of 6.50 is 361% above this industry median. Based on the distribution chart, Manganese X Energy ranks #1210 out of 1534 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Manganese X Energy's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Manganese X Energy ranks #1210 out of 1534 companies for Cyclically Adjusted PB Ratio. This places Manganese X Energy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.41. Manganese X Energy's value of 6.50 is 361% 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 1.41, based on 1,534 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. Manganese X Energy's current Cyclically Adjusted PB Ratio of 6.50 is 361% 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 Manganese X Energy and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manganese X Energy's current Cyclically Adjusted PB Ratio is 6.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manganese X Energy stock overvalued right now?
Manganese X Energy (MNXXF) has a current Cyclically Adjusted PB Ratio of 6.50. The current Cyclically Adjusted PB Ratio is 6.50 and 361% above the Metals & Mining industry median of 1.41. 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 Manganese X Energy (MNXXF), the current Cyclically Adjusted PB Ratio is 6.50 as of Aug. 06, 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.

Manganese X Energy Business Description

Other Exchanges 9SC:GermanyMN:Canada
Address 145 Rue Graveline, Saint Laurent, QC, CAN, H4T 1R3
Manganese X Energy Corp is a Canada-based junior mineral exploration and development company. The company is engaged in acquiring and exploring mineral properties in North America. It is focused on supplying materials to lithium-ion batteries and other alternative energy industries. The company's project consists of Battery Hill, located in the Canadian province of New Brunswick. The company also holds various other properties such as the Peter Lake Copper-Nickel-Cobalt property, Iron Ore Hill Road property, and others. It operates in two reportable operating segments, the acquisition and exploration of mineral property interests in Canada and technology development related to battery technologies and HVAC systems to respond to air quality needs.