Cantex Mine Development (TSXV:CD) Cyclically Adjusted PB Ratio: (As of Jul. 17, 2026)

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TSXV:CD Cantex Mine Development Corp TSXV:CD
33 GF Score
Price C$0.24
! 1 Warning Sign
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What is Cantex Mine Development Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cantex Mine Development  (TSXV:CD) 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.


Cantex Mine Development Cyclically Adjusted PB Ratio Related Terms


Cantex Mine Development Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cantex Mine Development'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.

Cantex Mine Development Cyclically Adjusted PB Ratio Chart

Cantex Mine Development Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PB Ratio
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Cantex Mine Development Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00

Cantex Mine Development Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Cantex Mine Development'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.


Cantex Mine Development Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:CD
33GF Score
Cantex Mine Development Corp TSXV:CD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cantex Mine Development 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.

Cantex Mine Development's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Cantex Mine Development's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.007/132.7364*132.7364
=0.007

Current CPI (Apr. 2026) = 132.7364.

Cantex Mine Development Quarterly Data

Book Value per Share CPI Adj_Book
201607 -0.348 101.844 -0.454
201610 -0.401 102.002 -0.522
201701 -0.375 102.318 -0.486
201704 -0.384 103.029 -0.495
201707 -0.397 103.029 -0.511
201710 -0.406 103.424 -0.521
201801 -0.414 104.056 -0.528
201804 -0.422 105.320 -0.532
201807 -0.170 106.110 -0.213
201810 -0.200 105.952 -0.251
201901 -0.145 105.557 -0.182
201904 0.208 107.453 0.257
201907 0.138 108.243 0.169
201910 0.232 107.927 0.285
202001 0.159 108.085 0.195
202004 0.139 107.216 0.172
202007 0.107 108.401 0.131
202010 0.121 108.638 0.148
202101 0.080 109.192 0.097
202104 0.063 110.851 0.075
202107 0.031 112.431 0.037
202110 0.042 113.695 0.049
202201 0.022 114.801 0.025
202204 0.075 118.357 0.084
202207 0.033 120.964 0.036
202210 -0.005 121.517 -0.005
202301 -0.001 121.596 -0.001
202304 0.005 123.571 0.005
202307 0.001 124.914 0.001
202310 -0.004 125.310 -0.004
202401 0.035 125.072 0.037
202404 0.030 126.890 0.031
202407 0.020 128.075 0.021
202410 0.004 127.838 0.004
202501 0.003 127.443 0.003
202504 0.001 129.102 0.001
202507 -0.001 130.290 -0.001
202510 0.011 130.603 0.011
202601 0.009 130.366 0.009
202604 0.007 132.736 0.007

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.


Cantex Mine Development Business Description

Other Exchanges CTXDF:USADHD:Germany
Address 203-1634 Harvey Avenue, Kelowna, BC, CAN, V1Y 6G2
Cantex Mine Development Corp is engaged in the acquisition and exploration of mineral properties. Its principal project is located northeast of Mayo in the Yukon Territory, where the Company holds three claim blocks staked over prospective areas identified through a regional heavy mineral survey. The Company also has gold exploration projects in Nevada and an advanced gold project in the Republic of Yemen, which is currently under force majeure. it operates in a single mineral exploration segment with geographical presence in Canada, the United States, and Yemen.
33GF Score

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

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