PXMFF (Philex Mining) Cyclically Adjusted PB Ratio: (As of Sep. 22, 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.
Reviewed by: Charlie Tian Charlie Tian
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.

PXMFF Philex Mining Corp PXMFF
58 GF Score
Price $0.21
GF Value $0.06
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Philex Mining Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Philex Mining  (OTCPK:PXMFF) 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.


Philex Mining Cyclically Adjusted PB Ratio Related Terms


Philex Mining Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Philex Mining'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.

Philex Mining Cyclically Adjusted PB Ratio Chart

Philex Mining 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 0.90 0.34 0.39 0.09 1.44

Philex Mining 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 0.72 0.87 1.42 1.13 0.90

Philex Mining Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Philex Mining'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.


Philex Mining Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


PXMFF
58GF Score
Philex Mining Corp PXMFF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Philex Mining 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.

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

For example, Philex Mining'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)
=0.093/333.9520*333.9520
=0.093

Current CPI (Jun. 2026) = 333.9520.

Philex Mining Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.093 241.428 0.129
201612 0.088 241.432 0.122
201703 0.088 243.801 0.121
201706 0.089 244.955 0.121
201709 0.090 246.819 0.122
201712 0.093 246.524 0.126
201803 0.094 249.554 0.126
201806 0.093 251.989 0.123
201809 0.091 252.439 0.120
201812 0.089 251.233 0.118
201903 0.090 254.202 0.118
201906 0.093 256.143 0.121
201909 0.092 256.759 0.120
201912 0.089 256.974 0.116
202003 0.089 258.115 0.115
202006 0.092 257.797 0.119
202009 0.097 260.280 0.124
202012 0.099 260.474 0.127
202103 0.101 264.877 0.127
202106 0.102 271.696 0.125
202109 0.101 274.310 0.123
202112 0.103 278.802 0.123
202203 0.103 287.504 0.120
202206 0.103 296.311 0.116
202209 0.091 296.808 0.102
202212 0.096 296.797 0.108
202303 0.099 301.836 0.110
202306 0.099 305.109 0.108
202309 0.097 307.789 0.105
202312 0.099 306.746 0.108
202403 0.097 312.332 0.104
202406 0.094 314.175 0.100
202409 0.099 315.301 0.105
202412 0.097 315.605 0.103
202503 0.098 319.799 0.102
202506 0.101 322.561 0.105
202509 0.098 324.800 0.101
202512 0.098 324.054 0.101
202603 0.093 330.213 0.094
202606 0.093 333.952 0.093

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 Philex Mining (PXMFF) Overvalued in 2026?

Based on GuruFocus' analysis, Philex Mining stock appears to be overvalued. The current stock price of $0.21 is trading 251.8% above its estimated GF Value™ of $0.06. GuruFocus considers Philex Mining to be Significantly Overvalued.

Key valuation signals for PXMFF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $0.06 vs. price of $0.21 (251.8% above fair value)
  • GF Score™: 58/100 with 10 warning signs

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


Philex Mining Business Description

Other Exchanges PX:Philippines
Address Reliance Street Corner Sheridan Street, 2nd Floor, Launchpad, Metro Manila, Mandaluyong, PHL, 1550
Philex Mining Corporation is engaged in large-scale exploration, development, and utilization of mineral resources. The company mainly operates the Padcal Mine, an underground block cave operation in the Far East, producing copper, gold, and silver concentrates. The other projects in its portfolio are the Silangan Copper and Gold Project, situated in Surigao del Norte, Northeastern Mindanao; the Sibutad Project, in Zamboanga del Norte; and the Bulawan project, in Sipalay City, Philippines. Philex Mining generates maximum revenue from the sale of copper, followed by the sale of gold and silver concentrates. The company operates in two reportable business segments: the mining and metals segment, which generates the maximum revenue, and the energy and hydrocarbon segment.
58GF Score

Get the complete analysis for PXMFF

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

$0.21
Price
$0.06
GF Value