MQMIF (MetalQuest Mining) Cyclically Adjusted PB Ratio: 4.54 (As of Jul. 22, 2026)

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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.

MQMIF MetalQuest Mining Inc MQMIF
24 GF Score
Price $0.14
! 1 Warning Sign
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What is MetalQuest Mining Cyclically Adjusted PB Ratio?

MetalQuest Mining MQMIF +9.63% 24 Cyclically Adjusted PB Ratio is 4.54 as of Jul. 22, 2026. GuruFocus rates MQMIF with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 1,542 Metals & Mining companies, MetalQuest Mining ranks worse than 77.04% on this metric.

As of today (2026-07-22), MetalQuest Mining's current share price is $0.1361. MetalQuest Mining's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was $0.03. MetalQuest Mining's Cyclically Adjusted PB Ratio for today is 4.54.

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

MQMIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 4.27
Current: 4.27

During the past years, MetalQuest Mining's highest Cyclically Adjusted PB Ratio was 4.27. The lowest was 0.00. And the median was 0.00.

MQMIF's Cyclically Adjusted PB Ratio is ranked worse than
77.04% of 1542 companies
in the Metals & Mining industry
Industry Median: 1.395 vs MQMIF: 4.27

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.

MetalQuest Mining's adjusted book value per share data for the three months ended in Apr. 2026 was $0.078. 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 $0.03 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MetalQuest Mining  (OTCPK:MQMIF) 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.


MetalQuest Mining Cyclically Adjusted PB Ratio Related Terms


MetalQuest Mining Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MetalQuest 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.

MetalQuest Mining Cyclically Adjusted PB Ratio Chart

MetalQuest Mining Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.49 1.09 2.22 9.24

MetalQuest Mining Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.91 1.96 5.40 9.24 7.66

MetalQuest Mining Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, MetalQuest 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.


MetalQuest Mining Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


MQMIF
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MetalQuest Mining Inc MQMIF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MetalQuest 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1361/0.03
=4.54

* 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.

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

For example, MetalQuest Mining's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.078/132.7364*132.7364
=0.078

Current CPI (Apr. 2026) = 132.7364.

MetalQuest Mining Quarterly Data

Book Value per Share CPI Adj_Book
201607 0.002 101.844 0.003
201610 0.007 102.002 0.009
201701 0.003 102.318 0.004
201704 0.004 103.029 0.005
201707 0.006 103.029 0.008
201710 0.016 103.424 0.021
201801 0.013 104.056 0.017
201804 0.058 105.320 0.073
201807 0.052 106.110 0.065
201810 0.049 105.952 0.061
201901 0.044 105.557 0.055
201904 0.041 107.453 0.051
201907 0.040 108.243 0.049
201910 0.033 107.927 0.041
202001 0.036 108.085 0.044
202004 0.028 107.216 0.035
202007 0.026 108.401 0.032
202010 0.027 108.638 0.033
202101 0.026 109.192 0.032
202104 0.026 110.851 0.031
202107 0.031 112.431 0.037
202110 0.033 113.695 0.039
202201 0.029 114.801 0.034
202204 0.027 118.357 0.030
202207 0.025 120.964 0.027
202210 0.020 121.517 0.022
202301 0.015 121.596 0.016
202304 0.009 123.571 0.010
202307 0.007 124.914 0.007
202310 0.007 125.310 0.007
202401 0.021 125.072 0.022
202404 0.018 126.890 0.019
202407 0.016 128.075 0.017
202410 0.014 127.838 0.015
202501 0.016 127.443 0.017
202504 0.015 129.102 0.015
202507 0.019 130.290 0.019
202510 0.024 130.603 0.024
202601 0.078 130.366 0.079
202604 0.078 132.736 0.078

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 4.54 mean?
MetalQuest Mining (MQMIF) has a Cyclically Adjusted PB Ratio of 4.54 as of Jul. 22, 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 MetalQuest Mining and its competitors. According to the industry distribution chart, MetalQuest Mining ranks #1188 out of 1542 companies in the Metals & Mining industry, placing it in the top 77%.
Is MetalQuest Mining's Cyclically Adjusted PB Ratio too high?
MetalQuest Mining's current Cyclically Adjusted PB Ratio is 4.54. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. MetalQuest Mining's value of 4.54 is 225.4% above this industry median. Based on the distribution chart, MetalQuest Mining ranks #1188 out of 1542 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, MetalQuest Mining has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does MetalQuest Mining's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, MetalQuest Mining ranks #1188 out of 1542 companies for Cyclically Adjusted PB Ratio. This places MetalQuest Mining in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.40. MetalQuest Mining's value of 4.54 is 225.4% 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 1,542 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. MetalQuest Mining's current Cyclically Adjusted PB Ratio of 4.54 is 225.4% 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 MetalQuest 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. MetalQuest Mining's current Cyclically Adjusted PB Ratio is 4.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MetalQuest Mining stock overvalued right now?
MetalQuest Mining (MQMIF) has a current Cyclically Adjusted PB Ratio of 4.54. The current Cyclically Adjusted PB Ratio is 4.54 and 225.4% above the Metals & Mining industry median of 1.40. MetalQuest Mining's overall GF Score™ is 24/100 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 MetalQuest Mining (MQMIF), the current Cyclically Adjusted PB Ratio is 4.54 as of Jul. 22, 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.

MetalQuest Mining Business Description

Other Exchanges MQM:Canada
Address 101 - 2148 West 38th Avenue, Vancouver, BC, CAN, V6M 1R9
MetalQuest Mining Inc is an exploration stage company engaged in the acquisition, exploration, and development of mineral properties in Canada with the view of developing them to a stage where it can be exploited at a profit or to arrange joint ventures whereby other companies provide funding for development and exploration. The company projects include the Murray Brook Project and the Lac Otelnuk Iron Ore Project.
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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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