MTA (Metalla Royalty & Streaming) Cyclically Adjusted PB Ratio: 3.85 (As of Jul. 17, 2026) — 16% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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MTA Metalla Royalty & Streaming Ltd MTA
79 GF Score
Price $7.17
GF Value $7.88
Valuation Fairly Valued
! 2 Warning Signs
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What is Metalla Royalty & Streaming Cyclically Adjusted PB Ratio?

Metalla Royalty & Streaming MTA -2.85% 79 Cyclically Adjusted PB Ratio is 3.85 as of Jul. 17, 2026, which is 16% below its 10-year median of 4.61. GuruFocus rates MTA with a GF Score™ of 79/100 and a GF Value™ of $7.88 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,547 Metals & Mining companies, Metalla Royalty & Streaming ranks worse than 75.69% on this metric.

As of today (2026-07-17), Metalla Royalty & Streaming's current share price is $7.17. Metalla Royalty & Streaming's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.86. Metalla Royalty & Streaming's Cyclically Adjusted PB Ratio for today is 3.85.

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

MTA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.8   Med: 4.61   Max: 16.69
Current: 4.15

During the past years, Metalla Royalty & Streaming's highest Cyclically Adjusted PB Ratio was 16.69. The lowest was 1.80. And the median was 4.61.

MTA's Cyclically Adjusted PB Ratio is ranked worse than
75.69% of 1547 companies
in the Metals & Mining industry
Industry Median: 1.44 vs MTA: 4.15

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.

Metalla Royalty & Streaming's adjusted book value per share data for the three months ended in Mar. 2026 was $2.709. 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 $1.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metalla Royalty & Streaming  (AMEX:MTA) 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.


Metalla Royalty & Streaming Cyclically Adjusted PB Ratio Related Terms


Metalla Royalty & Streaming Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Metalla Royalty & Streaming'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.

Metalla Royalty & Streaming Cyclically Adjusted PB Ratio Chart

Metalla Royalty & Streaming Annual Data
Trend May16 May17 May18 May19 May20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.48 4.62 2.39 1.82 4.44

Metalla Royalty & Streaming 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 1.98 2.40 3.89 4.44 3.57

MTA vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Metalla Royalty & Streaming'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.


Metalla Royalty & Streaming Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Metalla Royalty & Streaming's Cyclically Adjusted PB Ratio falls into.


MTA
79GF Score
Metalla Royalty & Streaming Ltd MTA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metalla Royalty & Streaming 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.

Metalla Royalty & Streaming's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.17/1.86
=3.85

* 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.

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

For example, Metalla Royalty & Streaming'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)
=2.709/132.2623*132.2623
=2.709

Current CPI (Mar. 2026) = 132.2623.

Metalla Royalty & Streaming Quarterly Data

Book Value per Share CPI Adj_Book
201602 -0.045 100.421 -0.059
201605 -0.026 101.765 -0.034
201608 -0.032 101.686 -0.042
201611 0.214 101.607 0.279
201702 0.187 102.476 0.241
201705 0.395 103.108 0.507
201708 0.687 103.108 0.881
201711 0.667 103.740 0.850
201802 0.655 104.688 0.828
201805 0.627 105.399 0.787
201808 0.904 106.031 1.128
201811 1.065 105.478 1.335
201902 1.231 106.268 1.532
201905 1.369 107.927 1.678
201908 1.355 108.085 1.658
201911 1.346 107.769 1.652
202002 1.318 108.559 1.606
202005 1.369 107.532 1.684
202008 1.519 108.243 1.856
202103 2.076 110.298 2.489
202106 2.209 111.720 2.615
202109 2.293 112.905 2.686
202112 2.283 113.774 2.654
202203 2.292 117.646 2.577
202206 2.266 120.806 2.481
202209 2.209 120.648 2.422
202212 2.397 120.964 2.621
202303 2.467 122.702 2.659
202306 2.519 124.203 2.682
202309 2.466 125.230 2.604
202312 2.783 125.072 2.943
202403 2.765 126.258 2.897
202406 2.754 127.522 2.856
202409 2.749 127.285 2.857
202412 2.737 127.364 2.842
202503 2.734 129.181 2.799
202506 2.724 129.892 2.774
202509 2.738 130.287 2.780
202512 2.710 130.366 2.749
202603 2.709 132.262 2.709

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 3.85 mean?
Metalla Royalty & Streaming (MTA) has a Cyclically Adjusted PB Ratio of 3.85 as of Jul. 17, 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 Metalla Royalty & Streaming and its competitors. This is 16% below median its historical median of 4.61. Over the past decade, Metalla Royalty & Streaming's Cyclically Adjusted PB Ratio has ranged from 1.80 to 16.69. According to the industry distribution chart, Metalla Royalty & Streaming ranks #1171 out of 1547 companies in the Metals & Mining industry, placing it in the top 75.7%.
Is Metalla Royalty & Streaming's Cyclically Adjusted PB Ratio too high?
Metalla Royalty & Streaming's current Cyclically Adjusted PB Ratio of 3.85 is 16% below median its 10-year median of 4.61. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 16.69. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.44. Metalla Royalty & Streaming's value of 3.85 is 167.4% above this industry median. Based on the distribution chart, Metalla Royalty & Streaming ranks #1171 out of 1547 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Metalla Royalty & Streaming has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Metalla Royalty & Streaming's Cyclically Adjusted PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Metalla Royalty & Streaming ranks #1171 out of 1547 companies for Cyclically Adjusted PB Ratio. This places Metalla Royalty & Streaming in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.44. Metalla Royalty & Streaming's value of 3.85 is 167.4% above this benchmark. Historically, Metalla Royalty & Streaming's own Cyclically Adjusted PB Ratio has ranged from 1.80 to 16.69 over the past decade. While the company's 10-year median is 4.61 vs. the industry median of 1.44, Metalla Royalty & Streaming 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 1.44, based on 1,547 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. Metalla Royalty & Streaming's current Cyclically Adjusted PB Ratio of 3.85 is 167.4% 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 Metalla Royalty & Streaming and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalla Royalty & Streaming's current Cyclically Adjusted PB Ratio is 3.85, which is 16% below median its own 10-year median of 4.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalla Royalty & Streaming stock overvalued right now?
Based on GuruFocus' analysis, Metalla Royalty & Streaming (MTA) is currently considered Fairly Valued. The stock's GF Value™ is $7.88, compared to a current price of $7.17 — trading 9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.85, which is 16% below median its 10-year median of 4.61 and 167.4% above the Metals & Mining industry median of 1.44. Metalla Royalty & Streaming's overall GF Score™ is 79/100 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 Metalla Royalty & Streaming (MTA), the current Cyclically Adjusted PB Ratio is 3.85 as of Jul. 17, 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 Metalla Royalty & Streaming (MTA) Overvalued in 2026?

Based on GuruFocus' analysis, Metalla Royalty & Streaming stock appears to be undervalued. The current stock price of $7.17 is trading 9% below its estimated GF Value™ of $7.88. GuruFocus considers Metalla Royalty & Streaming to be Fairly Valued.

Key valuation signals for MTA:

  • Cyclically Adjusted PB Ratio: 3.85 (16% below median its 10-year median of 4.61)
  • GF Value™: $7.88 vs. price of $7.17 (9% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 167.4% above the Metals & Mining median (#1171 of 1547)

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


Metalla Royalty & Streaming Business Description

Address 543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
Metalla Royalty & Streaming Ltd is a precious metals royalty and streaming company that engages in the acquisition and management of precious metal royalties, streams, and similar production-based interests. It's a pure-play gold and silver streaming and royalty company. It generates revenue from royalties, streams, and other interests. Geographically, the company generates revenue from Australia, Brazil, Mexico, and the USA, with the majority generated from Brazil.
79GF Score

Get the complete analysis for MTA

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

$7.17
Price
$7.88
GF Value