MXTLF (Metalex Ventures) Cyclically Adjusted PB Ratio: (As of Jul. 16, 2026)

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What is Metalex Ventures Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Metalex Ventures  (OTCPK:MXTLF) 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.


Metalex Ventures Cyclically Adjusted PB Ratio Related Terms


Metalex Ventures Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Metalex Ventures'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.

Metalex Ventures Cyclically Adjusted PB Ratio Chart

Metalex Ventures Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.54 3.89 0.00 0.00 0.00

Metalex Ventures Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25
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 0.00 0.00 0.00 0.00 15.26

MXTLF vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Metalex Ventures'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.


Metalex Ventures Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Metalex Ventures 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.

Metalex Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2025 is calculated as:

For example, Metalex Ventures's adjusted Book Value per Share data for the three months ended in Oct. 2025 was:

Adj_Book=Book Value per Share/CPI of Oct. 2025 (Change)*Current CPI (Oct. 2025)
=0.017/130.6031*130.6031
=0.017

Current CPI (Oct. 2025) = 130.6031.

Metalex Ventures Quarterly Data

Book Value per Share CPI Adj_Book
201601 -0.011 100.184 -0.014
201604 -0.014 101.370 -0.018
201607 -0.015 101.844 -0.019
201610 -0.017 102.002 -0.022
201701 -0.016 102.318 -0.020
201704 -0.017 103.029 -0.022
201707 -0.019 103.029 -0.024
201710 -0.022 103.424 -0.028
201801 -0.024 104.056 -0.030
201804 -0.012 105.320 -0.015
201807 -0.010 106.110 -0.012
201810 -0.011 105.952 -0.014
201901 -0.011 105.557 -0.014
201904 -0.012 107.453 -0.015
201907 -0.013 108.243 -0.016
201910 -0.011 107.927 -0.013
202001 0.002 108.085 0.002
202004 -0.006 107.216 -0.007
202007 -0.011 108.401 -0.013
202010 -0.011 108.638 -0.013
202101 0.014 109.192 0.017
202104 0.015 110.851 0.018
202107 0.015 112.431 0.017
202110 0.011 113.695 0.013
202201 0.012 114.801 0.014
202204 0.022 118.357 0.024
202207 0.020 120.964 0.022
202210 0.019 121.517 0.020
202301 0.021 121.596 0.023
202304 0.021 123.571 0.022
202307 0.019 124.914 0.020
202310 0.015 125.310 0.016
202401 0.014 125.072 0.015
202404 0.013 126.890 0.013
202407 0.016 128.075 0.016
202410 0.015 127.838 0.015
202501 0.014 127.443 0.014
202504 0.014 129.102 0.014
202507 0.009 130.290 0.009
202510 0.017 130.603 0.017

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.


Metalex Ventures Business Description

Other Exchanges MTX:Canada
Address 1634 Harvey Avenue, Suite 203, Kelowna, BC, CAN, V1Y 6G2
Metalex Ventures Ltd is engaged in the acquisition, exploration, and development of mineral properties. The company's principal projects in Canada are in Quebec and Kyle Lake. Its overseas projects are located in South Africa, Morocco, and Mali.