Delta Resources (TSXV:DLTA) Cyclically Adjusted PB Ratio: 0.60 (As of Aug. 17, 2026)

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TSXV:DLTA Delta Resources Ltd TSXV:DLTA
33 GF Score
Price C$0.18
! 2 Warning Signs
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What is Delta Resources Cyclically Adjusted PB Ratio?

Delta Resources TSXV:DLTA 33 Cyclically Adjusted PB Ratio is 0.60 as of Aug. 17, 2026. GuruFocus rates TSXV:DLTA with a GF Score™ of 33/100. The stock has 2 warning signs investors should review. Among 1,520 Metals & Mining companies, Delta Resources ranks better than 69.61% on this metric.

As of today (2026-08-17), Delta Resources's current share price is C$0.18. Delta Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.30. Delta Resources's Cyclically Adjusted PB Ratio for today is 0.60.

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

TSXV:DLTA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.61
Current: 0.61

During the past years, Delta Resources's highest Cyclically Adjusted PB Ratio was 0.61. The lowest was 0.00. And the median was 0.00.

TSXV:DLTA's Cyclically Adjusted PB Ratio is ranked better than
69.61% of 1520 companies
in the Metals & Mining industry
Industry Median: 1.515 vs TSXV:DLTA: 0.61

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.

Delta Resources's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.001. 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$0.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Delta Resources  (TSXV:DLTA) 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.


Delta Resources Cyclically Adjusted PB Ratio Related Terms


Delta Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Delta Resources'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.

Delta Resources Cyclically Adjusted PB Ratio Chart

Delta Resources 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 0.12 0.07 0.12 0.19 0.46

Delta Resources 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 0.33 0.22 0.43 0.46 0.71

TSXV:DLTA vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Delta Resources'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.


Delta Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:DLTA
33GF Score
Delta Resources Ltd TSXV:DLTA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Delta Resources 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.

Delta Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.18/0.30
=0.60

* 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.

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

For example, Delta Resources'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)
=0.001/132.2623*132.2623
=0.001

Current CPI (Mar. 2026) = 132.2623.

Delta Resources Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.444 102.002 3.169
201609 1.450 101.765 1.885
201612 0.033 101.449 0.043
201703 1.439 102.634 1.854
201706 1.429 103.029 1.834
201709 1.427 103.345 1.826
201712 0.000 103.345 0.000
201803 -0.007 105.004 -0.009
201806 -0.017 105.557 -0.021
201809 -0.021 105.636 -0.026
201812 -0.018 105.399 -0.023
201903 -0.021 106.979 -0.026
201906 0.009 107.690 0.011
201909 0.012 107.611 0.015
201912 0.035 107.769 0.043
202003 0.024 107.927 0.029
202006 0.019 108.401 0.023
202009 0.054 108.164 0.066
202012 0.042 108.559 0.051
202103 0.044 110.298 0.053
202106 0.032 111.720 0.038
202109 0.038 112.905 0.045
202112 0.075 113.774 0.087
202203 0.053 117.646 0.060
202206 0.029 120.806 0.032
202209 0.020 120.648 0.022
202212 0.035 120.964 0.038
202303 0.024 122.702 0.026
202306 0.085 124.203 0.091
202309 0.068 125.230 0.072
202312 0.056 125.072 0.059
202403 0.039 126.258 0.041
202406 0.022 127.522 0.023
202409 0.015 127.285 0.016
202412 0.030 127.364 0.031
202503 0.019 129.181 0.019
202506 0.014 129.892 0.014
202509 0.008 130.287 0.008
202512 -0.001 130.366 -0.001
202603 0.001 132.262 0.001

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 0.60 mean?
Delta Resources (TSXV:DLTA) has a Cyclically Adjusted PB Ratio of 0.60 as of Aug. 17, 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 Delta Resources and its competitors. According to the industry distribution chart, Delta Resources ranks #462 out of 1520 companies in the Metals & Mining industry, placing it in the top 30.4%.
Is Delta Resources' Cyclically Adjusted PB Ratio too high?
Delta Resources' current Cyclically Adjusted PB Ratio is 0.60. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.52. Delta Resources' value of 0.60 is 60.4% below this industry median. Based on the distribution chart, Delta Resources ranks #462 out of 1520 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Delta Resources has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Delta Resources' Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Delta Resources ranks #462 out of 1520 companies for Cyclically Adjusted PB Ratio. This puts Delta Resources in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. Delta Resources' value of 0.60 is 60.4% 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 1.52, based on 1,520 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. Delta Resources's current Cyclically Adjusted PB Ratio of 0.60 is 60.4% 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 Delta Resources and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Resources's current Cyclically Adjusted PB Ratio is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Resources stock overvalued right now?
Delta Resources (TSXV:DLTA) has a current Cyclically Adjusted PB Ratio of 0.60. The current Cyclically Adjusted PB Ratio is 0.60 and 60.4% below the Metals & Mining industry median of 1.52. Delta Resources' overall GF Score™ is 33/100 with 2 warning signs 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 Delta Resources (TSXV:DLTA), the current Cyclically Adjusted PB Ratio is 0.60 as of Aug. 17, 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.

Delta Resources Business Description

Other Exchanges DTARF:USA6GO1:Germany
Address 36 Lombard street, Floor 4, Toronto, ON, CAN, M5C 2X3
Delta Resources Ltd is operations are mining properties and exploration expenditures made on properties that are not in commercial production. It has a single operating segment, which is the acquisition, exploration, and development of exploration properties. Its projects are the DELTA-1 Gold project in Thunder Bay, Ontario, the DELTA-2 Gold polymetallic project in Chibougamau, Quebec, and the Bellechasse-Timmins Gold project located in southeastern Quebec.
33GF Score

Get the complete analysis for TSXV:DLTA

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

C$0.18
Price