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MRZLF (Mirasol Resources) Cyclically Adjusted PB Ratio : 0.98 (As of May. 16, 2025)


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What is Mirasol Resources Cyclically Adjusted PB Ratio?

As of today (2025-05-16), Mirasol Resources's current share price is $0.2461. Mirasol Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $0.25. Mirasol Resources's Cyclically Adjusted PB Ratio for today is 0.98.

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 Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.86
Current: 0.86

During the past years, Mirasol Resources's highest Cyclically Adjusted PB Ratio was 0.86. The lowest was 0.00. And the median was 0.00.

MRZLF's Cyclically Adjusted PB Ratio is ranked better than
51.5% of 1536 companies
in the Metals & Mining industry
Industry Median: 0.92 vs MRZLF: 0.86

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 Dec. 2024 was $0.038. 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 $0.25 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mirasol Resources Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Mirasol Resources Cyclically Adjusted PB Ratio Chart

Mirasol Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.93 1.01 1.77 0.83

Mirasol Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.45 1.30 0.83 1.05 1.33

Competitive Comparison of Mirasol Resources's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.


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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
=0.2461/0.25
=0.98

* 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 Dec. 2024 is calculated as:

For example, Mirasol Resources's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.038/127.3637*127.3637
=0.038

Current CPI (Dec. 2024) = 127.3637.

Mirasol Resources Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.489 99.789 0.624
201506 0.460 100.500 0.583
201509 0.429 100.421 0.544
201512 0.394 99.947 0.502
201603 0.360 101.054 0.454
201606 0.349 102.002 0.436
201609 0.454 101.765 0.568
201612 0.421 101.449 0.529
201703 0.394 102.634 0.489
201706 0.376 103.029 0.465
201709 0.381 103.345 0.470
201712 0.355 103.345 0.438
201803 0.328 105.004 0.398
201806 0.419 105.557 0.506
201809 0.400 105.636 0.482
201812 0.396 105.399 0.479
201903 0.357 106.979 0.425
201906 0.333 107.690 0.394
201909 0.316 107.611 0.374
201912 0.295 107.769 0.349
202003 0.273 107.927 0.322
202006 0.251 108.401 0.295
202009 0.240 108.164 0.283
202012 0.229 108.559 0.269
202103 0.209 110.298 0.241
202106 0.187 111.720 0.213
202109 0.171 112.905 0.193
202112 0.157 113.774 0.176
202203 0.133 117.646 0.144
202206 0.113 120.806 0.119
202209 0.094 120.648 0.099
202212 0.094 120.964 0.099
202303 0.068 122.702 0.071
202306 0.107 124.203 0.110
202309 0.084 125.230 0.085
202312 0.058 125.072 0.059
202403 0.040 126.258 0.040
202406 0.039 127.522 0.039
202409 0.026 127.285 0.026
202412 0.038 127.364 0.038

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.


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

Thank you for viewing the detailed overview of Mirasol Resources's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Mirasol Resources Business Description

Traded in Other Exchanges
Address
355 Burrard Street, Suite 1150, Vancouver, BC, CAN, V6C 2G8
Mirasol Resources Ltd is a mineral exploration company. It is engaged in acquiring and exploring mineral properties, located in Chile, Canada, and Argentina. The company projects include Gorbea Gold Belt, La Curva Gold Project, Altazor, Nandi, and others.