MXROF (MAX Resource) Cyclically Adjusted PB Ratio: 0.80 (As of Jul. 08, 2026)


MXROF MAX Resource Corp MXROF
32 GF Score
Price $0.20
! 1 Warning Sign
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What is MAX Resource Cyclically Adjusted PB Ratio?

MAX Resource MXROF +11.66% 32 Cyclically Adjusted PB Ratio is 0.80 as of Jul. 08, 2026. GuruFocus rates MXROF with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 1,546 Metals & Mining companies, MAX Resource ranks better than 66.49% on this metric.

As of today (2026-07-08), MAX Resource's current share price is $0.20098. MAX Resource's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.25. MAX Resource's Cyclically Adjusted PB Ratio for today is 0.80.

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

MXROF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.72
Current: 0.72

During the past years, MAX Resource's highest Cyclically Adjusted PB Ratio was 0.72. The lowest was 0.00. And the median was 0.00.

MXROF's Cyclically Adjusted PB Ratio is ranked better than
66.49% of 1546 companies
in the Metals & Mining industry
Industry Median: 1.505 vs MXROF: 0.72

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.

MAX Resource's adjusted book value per share data for the three months ended in Mar. 2026 was $0.209. 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 Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MAX Resource  (OTCPK:MXROF) 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.


MAX Resource Cyclically Adjusted PB Ratio Related Terms


MAX Resource Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MAX Resource'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.

MAX Resource Cyclically Adjusted PB Ratio Chart

MAX Resource 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 0.22 0.40 0.54 0.69 1.38

MAX Resource 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 0.69 0.67 1.68 1.38 1.00

MXROF vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, MAX Resource'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.


MAX Resource Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


MXROF
32GF Score
MAX Resource Corp MXROF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MAX Resource 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.

MAX Resource's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.20098/0.25
=0.80

* 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.

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

For example, MAX Resource'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)
=0.209/132.2623*132.2623
=0.209

Current CPI (Mar. 2026) = 132.2623.

MAX Resource Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.159 102.002 -0.206
201609 -0.209 101.765 -0.272
201612 -0.262 101.449 -0.342
201703 0.156 102.634 0.201
201706 0.143 103.029 0.184
201709 0.153 103.345 0.196
201712 0.262 103.345 0.335
201803 0.462 105.004 0.582
201806 0.971 105.557 1.217
201809 0.739 105.636 0.925
201812 0.305 105.399 0.383
201903 0.413 106.979 0.511
201906 0.110 107.690 0.135
201909 0.018 107.611 0.022
201912 0.012 107.769 0.015
202003 -0.073 107.927 -0.089
202006 -0.037 108.401 -0.045
202009 0.022 108.164 0.027
202012 0.187 108.559 0.228
202103 0.155 110.298 0.186
202106 0.132 111.720 0.156
202109 0.113 112.905 0.132
202112 0.084 113.774 0.098
202203 0.226 117.646 0.254
202206 0.499 120.806 0.546
202209 0.461 120.648 0.505
202212 0.430 120.964 0.470
202303 0.411 122.702 0.443
202306 0.406 124.203 0.432
202309 0.382 125.230 0.403
202312 0.296 125.072 0.313
202403 0.279 126.258 0.292
202406 0.247 127.522 0.256
202409 0.232 127.285 0.241
202412 0.247 127.364 0.256
202503 0.232 129.181 0.238
202506 0.235 129.892 0.239
202509 0.219 130.287 0.222
202512 0.214 130.366 0.217
202603 0.209 132.262 0.209

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 0.80 mean?
MAX Resource (MXROF) has a Cyclically Adjusted PB Ratio of 0.80 as of Jul. 08, 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 MAX Resource and its competitors. According to the industry distribution chart, MAX Resource ranks #518 out of 1546 companies in the Metals & Mining industry, placing it in the top 33.5%.
Is MAX Resource's Cyclically Adjusted PB Ratio too high?
MAX Resource's current Cyclically Adjusted PB Ratio is 0.80. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.51. MAX Resource's value of 0.80 is 46.8% below this industry median. Based on the distribution chart, MAX Resource ranks #518 out of 1546 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, MAX Resource has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does MAX Resource's Cyclically Adjusted PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, MAX Resource ranks #518 out of 1546 companies for Cyclically Adjusted PB Ratio. This puts MAX Resource in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. MAX Resource's value of 0.80 is 46.8% 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 1.51, based on 1,546 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. MAX Resource's current Cyclically Adjusted PB Ratio of 0.80 is 46.8% 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 MAX Resource and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MAX Resource's current Cyclically Adjusted PB Ratio is 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAX Resource stock overvalued right now?
MAX Resource (MXROF) has a current Cyclically Adjusted PB Ratio of 0.80. The current Cyclically Adjusted PB Ratio is 0.80 and 46.8% below the Metals & Mining industry median of 1.51. MAX Resource's overall GF Score™ is 32/100 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 MAX Resource (MXROF), the current Cyclically Adjusted PB Ratio is 0.80 as of Jul. 08, 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.

MAX Resource Business Description

Other Exchanges M1D:GermanyMAX:Canada
Address 1570-200 Burrard Street, Vancouver, BC, CAN, V6C 3L6
MAX Resource Corp is a mineral exploration company advancing the newly discovered district-scale Cesar copper-silver project. Its Cesar project sits along with the Colombian portion producing copper belt (Andean belt), with infrastructure and the presence of majors (Glencore and Chevron). The company holds a 100% interest in the RT Gold project in Peru. It has one operating segment which is the exploration of resource properties. The company has its geographical presence in Canada; Colombia; and Brazil.
32GF Score

Get the complete analysis for MXROF

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

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