MRZLF (Mirasol Resources) Cyclically Adjusted PB Ratio: 0.83 (As of Sep. 16, 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.

MRZLF Mirasol Resources Ltd MRZLF
18 GF Score
Price $0.22
! 2 Warning Signs
View Full Analysis

What is Mirasol Resources Cyclically Adjusted PB Ratio?

Mirasol Resources MRZLF -6.46% 18 Cyclically Adjusted PB Ratio is 0.83 as of Sep. 16, 2026. GuruFocus rates MRZLF with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,501 Metals & Mining companies, Mirasol Resources ranks worse than 66622.19% on this metric.

As of today (2026-09-16), Mirasol Resources's current share price is $0.2156. Mirasol Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.26. Mirasol Resources's Cyclically Adjusted PB Ratio for today is 0.83.

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

MRZLF's Cyclically Adjusted PB Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 1.53
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Mirasol Resources's adjusted book value per share data for the three months ended in Mar. 2026 was $0.000. 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 $0.26 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mirasol Resources  (OTCPK:MRZLF) 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.


Mirasol Resources Cyclically Adjusted PB Ratio Related Terms


Mirasol Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mirasol Resources'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.

Mirasol Resources Cyclically Adjusted PB Ratio Chart

Mirasol Resources 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 0.96 1.02 1.82 0.85 1.07

Mirasol Resources 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 0.86 0.99 1.18 1.29 1.24

MRZLF vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Mirasol Resources'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.


Mirasol Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


MRZLF
18GF Score
Mirasol Resources Ltd MRZLF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mirasol Resources 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.

Mirasol Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.2156/0.259
=0.83

* 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.

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

For example, Mirasol Resources'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)
=0/132.2623*132.2623
=0.000

Current CPI (Mar. 2026) = 132.2623.

Mirasol Resources Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.346 102.002 0.449
201609 0.453 101.765 0.589
201612 0.419 101.449 0.546
201703 0.395 102.634 0.509
201706 0.385 103.029 0.494
201709 0.374 103.345 0.479
201712 0.361 103.345 0.462
201803 0.329 105.004 0.414
201806 0.418 105.557 0.524
201809 0.403 105.636 0.505
201812 0.389 105.399 0.488
201903 0.358 106.979 0.443
201906 0.339 107.690 0.416
201909 0.316 107.611 0.388
201912 0.299 107.769 0.367
202003 0.268 107.927 0.328
202006 0.250 108.401 0.305
202009 0.237 108.164 0.290
202012 0.231 108.559 0.281
202103 0.209 110.298 0.251
202106 0.185 111.720 0.219
202109 0.171 112.905 0.200
202112 0.160 113.774 0.186
202203 0.135 117.646 0.152
202206 0.112 120.806 0.123
202209 0.092 120.648 0.101
202212 0.095 120.964 0.104
202303 0.069 122.702 0.074
202306 0.109 124.203 0.116
202309 0.084 125.230 0.089
202312 0.059 125.072 0.062
202403 0.040 126.258 0.042
202406 0.039 127.522 0.040
202409 0.026 127.285 0.027
202412 0.037 127.364 0.038
202503 0.014 129.181 0.014
202506 -0.002 129.892 -0.002
202509 -0.011 130.287 -0.011
202512 0.015 130.366 0.015
202603 0.000 132.262 0.000

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 0.83 mean?
Mirasol Resources (MRZLF) has a Cyclically Adjusted PB Ratio of 0.83 as of Sep. 16, 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 Mirasol Resources and its competitors. According to the industry distribution chart, Mirasol Resources ranks #999999 out of 1501 companies in the Metals & Mining industry.
Is Mirasol Resources' Cyclically Adjusted PB Ratio too high?
Mirasol Resources' current Cyclically Adjusted PB Ratio is 0.83. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.53. Mirasol Resources' value of 0.83 is 45.8% below this industry median. Based on the distribution chart, Mirasol Resources ranks #999999 out of 1501 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Mirasol Resources has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Mirasol Resources' Cyclically Adjusted PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Mirasol Resources ranks #999999 out of 1501 companies for Cyclically Adjusted PB Ratio. This places Mirasol Resources in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. Mirasol Resources' value of 0.83 is 45.8% below 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 1.53, based on 1,501 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. Mirasol Resources's current Cyclically Adjusted PB Ratio of 0.83 is 45.8% 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 Mirasol Resources and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mirasol Resources's current Cyclically Adjusted PB Ratio is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirasol Resources stock overvalued right now?
Mirasol Resources (MRZLF) has a current Cyclically Adjusted PB Ratio of 0.83. The current Cyclically Adjusted PB Ratio is 0.83 and 45.8% below the Metals & Mining industry median of 1.53. Mirasol Resources' overall GF Score™ is 18/100 with 2 warning signs 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 Mirasol Resources (MRZLF), the current Cyclically Adjusted PB Ratio is 0.83 as of Sep. 16, 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.

Mirasol Resources Business Description

Address 355 Burrard Street, Suite 1150, Vancouver, BC, CAN, V6C 2G8
Mirasol Resources Ltd is a mineral exploration company engaged in acquiring and exploring mineral properties located in Chile, Canada, and Argentina. The company's projects include the Gorbea Gold Belt, Mirasol's Claudia Gold-Silver Project located in the province of Santa Cruz, Argentina, the Sascha-Marcelina Gold Project in Santa Cruz, Argentina, and others.
18GF Score

Get the complete analysis for MRZLF

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

$0.22
Price