Minco Silver (TSX:MSV) Cyclically Adjusted PB Ratio: 0.70 (As of Jul. 18, 2026)

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TSX:MSV Minco Silver Corp TSX:MSV
36 GF Score
Price C$0.87
! 1 Warning Sign
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What is Minco Silver Cyclically Adjusted PB Ratio?

Minco Silver TSX:MSV +22.54% 36 Cyclically Adjusted PB Ratio is 0.70 as of Jul. 18, 2026. GuruFocus rates TSX:MSV with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 1,547 Metals & Mining companies, Minco Silver ranks better than 76.47% on this metric.

As of today (2026-07-18), Minco Silver's current share price is C$0.87. Minco Silver's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$1.24. Minco Silver's Cyclically Adjusted PB Ratio for today is 0.70.

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

TSX:MSV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.7
Current: 0.7

During the past years, Minco Silver's highest Cyclically Adjusted PB Ratio was 0.70. The lowest was 0.00. And the median was 0.00.

TSX:MSV's Cyclically Adjusted PB Ratio is ranked better than
76.47% of 1547 companies
in the Metals & Mining industry
Industry Median: 1.42 vs TSX:MSV: 0.70

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.

Minco Silver's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.892. 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 C$1.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Minco Silver  (TSX:MSV) 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.


Minco Silver Cyclically Adjusted PB Ratio Related Terms


Minco Silver Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Minco Silver'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.

Minco Silver Cyclically Adjusted PB Ratio Chart

Minco Silver 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 0.21 0.13 0.12 0.14 0.44

Minco Silver 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 0.15 0.20 0.23 0.44 0.37

TSX:MSV vs EXK: Cyclically Adjusted PB Ratio Comparison

For the Silver subindustry, Minco Silver'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.


Minco Silver Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSX:MSV
36GF Score
Minco Silver Corp TSX:MSV
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Minco Silver 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.

Minco Silver's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.87/1.24
=0.70

* 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.

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

For example, Minco Silver'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)
=0.892/132.2623*132.2623
=0.892

Current CPI (Mar. 2026) = 132.2623.

Minco Silver Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.675 102.002 2.172
201609 1.680 101.765 2.183
201612 1.660 101.449 2.164
201703 1.646 102.634 2.121
201706 1.620 103.029 2.080
201709 1.580 103.345 2.022
201712 1.611 103.345 2.062
201803 1.712 105.004 2.156
201806 1.639 105.557 2.054
201809 1.567 105.636 1.962
201812 1.649 105.399 2.069
201903 1.660 106.979 2.052
201906 1.600 107.690 1.965
201909 0.764 107.611 0.939
201912 0.760 107.769 0.933
202003 0.810 107.927 0.993
202006 0.776 108.401 0.947
202009 0.777 108.164 0.950
202012 0.770 108.559 0.938
202103 0.754 110.298 0.904
202106 0.752 111.720 0.890
202109 0.782 112.905 0.916
202112 0.761 113.774 0.885
202203 0.758 117.646 0.852
202206 0.724 120.806 0.793
202209 0.718 120.648 0.787
202212 0.811 120.964 0.887
202303 0.819 122.702 0.883
202306 0.671 124.203 0.715
202309 0.658 125.230 0.695
202312 0.716 125.072 0.757
202403 0.677 126.258 0.709
202406 0.626 127.522 0.649
202409 0.679 127.285 0.706
202412 0.719 127.364 0.747
202503 0.756 129.181 0.774
202506 0.789 129.892 0.803
202509 0.831 130.287 0.844
202512 0.877 130.366 0.890
202603 0.892 132.262 0.892

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 0.70 mean?
Minco Silver (TSX:MSV) has a Cyclically Adjusted PB Ratio of 0.70 as of Jul. 18, 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 Minco Silver and its competitors. According to the industry distribution chart, Minco Silver ranks #364 out of 1547 companies in the Metals & Mining industry, placing it in the top 23.5%.
Is Minco Silver's Cyclically Adjusted PB Ratio too high?
Minco Silver's current Cyclically Adjusted PB Ratio is 0.70. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.42. Minco Silver's value of 0.70 is 50.7% below this industry median. Based on the distribution chart, Minco Silver ranks #364 out of 1547 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Minco Silver has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Minco Silver's Cyclically Adjusted PB Ratio compare to EXK?
According to the Metals & Mining industry distribution chart, Minco Silver ranks #364 out of 1547 companies for Cyclically Adjusted PB Ratio. This places Minco Silver in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.42. Minco Silver's value of 0.70 is 50.7% 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 1.42, 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. Minco Silver's current Cyclically Adjusted PB Ratio of 0.70 is 50.7% 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 Minco Silver and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minco Silver's current Cyclically Adjusted PB Ratio is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minco Silver stock overvalued right now?
Minco Silver (TSX:MSV) has a current Cyclically Adjusted PB Ratio of 0.70. The current Cyclically Adjusted PB Ratio is 0.70 and 50.7% below the Metals & Mining industry median of 1.42. Minco Silver's overall GF Score™ is 36/100 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 Minco Silver (TSX:MSV), the current Cyclically Adjusted PB Ratio is 0.70 as of Jul. 18, 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.

Minco Silver Business Description

Other Exchanges MISVF:USAXYD:Germany
Address 1055 West Georgia Street, Suite 2060, P.O. Box 11176, Vancouver, BC, CAN, V6E 3R5
Minco Silver Corp is engaged in exploring, evaluating, and developing precious metals and mineral properties and projects. It holds exploration permits for the Fuwan Silver Project and the Changkeng Gold Project. Geographically, the company operates in Canada and China.
36GF Score

Get the complete analysis for TSX:MSV

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

C$0.87
Price