District Metals (TSXV:DMX) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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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.

TSXV:DMX District Metals Corp TSXV:DMX
37 GF Score
Price C$0.43
! 1 Warning Sign
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What is District Metals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


District Metals  (TSXV:DMX) 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.


District Metals Cyclically Adjusted PB Ratio Related Terms


District Metals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for District Metals'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.

District Metals Cyclically Adjusted PB Ratio Chart

District Metals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.06 0.12 3.02 5.92

District Metals 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 5.32 10.29 16.00 12.93 6.37

District Metals Cyclically Adjusted PB Ratio Competitor Comparison

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


District Metals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:DMX
37GF Score
District Metals Corp TSXV:DMX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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District Metals 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.

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

For example, District Metals'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)
=0.139/132.2623*132.2623
=0.139

Current CPI (Mar. 2026) = 132.2623.

District Metals Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.351 102.002 0.455
201609 0.029 101.765 0.038
201612 0.026 101.449 0.034
201703 0.025 102.634 0.032
201706 0.036 103.029 0.046
201709 0.035 103.345 0.045
201712 0.034 103.345 0.044
201803 0.033 105.004 0.042
201806 0.045 105.557 0.056
201809 0.042 105.636 0.053
201812 0.038 105.399 0.048
201903 0.035 106.979 0.043
201906 0.033 107.690 0.041
201909 0.034 107.611 0.042
201912 0.031 107.769 0.038
202003 0.027 107.927 0.033
202006 0.075 108.401 0.092
202009 0.065 108.164 0.079
202012 0.101 108.559 0.123
202103 0.097 110.298 0.116
202106 0.095 111.720 0.112
202109 0.090 112.905 0.105
202112 0.102 113.774 0.119
202203 0.100 117.646 0.112
202206 0.096 120.806 0.105
202209 0.094 120.648 0.103
202212 0.091 120.964 0.099
202303 0.095 122.702 0.102
202306 0.093 124.203 0.099
202309 0.092 125.230 0.097
202312 0.089 125.072 0.094
202403 0.106 126.258 0.111
202406 0.098 127.522 0.102
202409 0.095 127.285 0.099
202412 0.089 127.364 0.092
202503 0.088 129.181 0.090
202506 0.116 129.892 0.118
202509 0.118 130.287 0.120
202512 0.118 130.366 0.120
202603 0.139 132.262 0.139

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.


District Metals Business Description

Address 918-1030 West Georgia Street, Vancouver, BC, CAN, V6E 2Y3
District Metals Corp is a Canada-based mineral exploration company that is engaged in the business of acquiring, exploring, and evaluating natural resource properties. The company's main focus is the polymetallic Tomtebo Property located between the Falun Mine and Boliden's Garpenberg Mine. It holds interest in various other properties such as the Gruvberget Property, located in Sweden, the Bakar Property located on the northwest of Vancouver Island, Viken, Ardnasvarre, Alum Shale, Sagtjarn, and the Nianfors property in Sweden. The company has two reportable operating segments, which are acquisition and exploration and evaluation activities in Canada and Sweden.
37GF 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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