MTGSF (MetroGas) Cyclically Adjusted PB Ratio: (As of Aug. 26, 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.
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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.

MTGSF MetroGas SA MTGSF
72 GF Score
Price $0.01
GF Value $0.01
! 2 Warning Signs
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What is MetroGas Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MetroGas  (OTCPK:MTGSF) 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.


MetroGas Cyclically Adjusted PB Ratio Related Terms


MetroGas Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MetroGas'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.

MetroGas Cyclically Adjusted PB Ratio Chart

MetroGas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.16 3.70 12.53 17.36 8.18

MetroGas Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 8.05 4.52 8.18 5.98 4.47

MTGSF vs ATO, NI, UGI: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Gas subindustry, MetroGas'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.


MetroGas Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, MetroGas's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MTGSF
72GF Score
MetroGas SA MTGSF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MetroGas 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.

MetroGas's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.416/333.9520*333.9520
=1.416

Current CPI (Jun. 2026) = 333.9520.

MetroGas Quarterly Data

Book Value per Share CPI Adj_Book
201609 -0.195 241.428 -0.270
201612 -0.152 241.432 -0.210
201703 -0.098 243.801 -0.134
201706 0.824 244.955 1.123
201709 0.807 246.819 1.092
201712 1.392 246.524 1.886
201803 0.748 249.554 1.001
201806 0.475 251.989 0.630
201809 1.488 252.439 1.968
201812 0.955 251.233 1.269
201903 1.347 254.202 1.770
201906 1.202 256.143 1.567
201909 1.264 256.759 1.644
201912 0.818 256.974 1.063
202003 0.619 258.115 0.801
202006 0.402 257.797 0.521
202009 0.415 260.280 0.532
202012 0.469 260.474 0.601
202103 0.301 264.877 0.379
202106 0.247 271.696 0.304
202109 0.295 274.310 0.359
202112 0.587 278.802 0.703
202203 0.326 287.504 0.379
202206 0.379 296.311 0.427
202209 0.422 296.808 0.475
202212 1.286 296.797 1.447
202303 0.429 301.836 0.475
202306 0.710 305.109 0.777
202309 0.611 307.789 0.663
202312 2.312 306.746 2.517
202403 0.730 312.332 0.781
202406 0.915 314.175 0.973
202409 1.048 315.301 1.110
202412 1.440 315.605 1.524
202503 1.164 319.799 1.216
202506 1.159 322.561 1.200
202509 1.131 324.800 1.163
202512 1.161 324.054 1.196
202603 1.341 330.213 1.356
202606 1.416 333.952 1.416

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.

Is MetroGas (MTGSF) Overvalued in 2026?

Based on GuruFocus' analysis, MetroGas stock appears to be overvalued. The current stock price of $0.01 is trading 16% above its estimated GF Value™ of $0.01.

Key valuation signals for MTGSF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $0.01 vs. price of $0.01 (16% above fair value)
  • GF Score™: 72/100 with 2 warning signs

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


MetroGas Business Description

Other Exchanges METR:Argentina
Address General Gregorio Araoz de Lamadrid 1360, Ciudad Autonoma de Buenos Aires, Buenos Aires, ARG, C1267AAB
MetroGas SA is engaged in the utility sector. It is a gas distribution company engaged in the provision of natural gas distribution public services. The company is engaged in the commercialization and transportation of natural gas on behalf of or in association with third parties in Argentina. Its reporting segments include MetroGAS Distribution and MetroENERGIA Trading. The company generates maximum revenue from MetroGAS Distribution segment. It serves residential, commercial, and industrial customers.
72GF Score

Get the complete analysis for MTGSF

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

$0.01
Price
$0.01
GF Value