Eminent Gold (TSXV:EMNT) Cyclically Adjusted PB Ratio: 8.67 (As of Aug. 12, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:EMNT Eminent Gold Corp TSXV:EMNT
28 GF Score
Price C$0.52
! 1 Warning Sign
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What is Eminent Gold Cyclically Adjusted PB Ratio?

Eminent Gold TSXV:EMNT -3.70% 28 Cyclically Adjusted PB Ratio is 8.67 as of Aug. 12, 2026. GuruFocus rates TSXV:EMNT with a GF Score™ of 28/100. The stock has 1 warning sign investors should review. Among 1,526 Metals & Mining companies, Eminent Gold ranks worse than 88.86% on this metric.

As of today (2026-08-12), Eminent Gold's current share price is C$0.52. Eminent Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.06. Eminent Gold's Cyclically Adjusted PB Ratio for today is 8.67.

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

TSXV:EMNT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 8.68
Current: 8.68

During the past years, Eminent Gold's highest Cyclically Adjusted PB Ratio was 8.68. The lowest was 0.00. And the median was 0.00.

TSXV:EMNT's Cyclically Adjusted PB Ratio is ranked worse than
88.86% of 1526 companies
in the Metals & Mining industry
Industry Median: 1.55 vs TSXV:EMNT: 8.68

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.

Eminent Gold's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.147. 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$0.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eminent Gold  (TSXV:EMNT) 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.


Eminent Gold Cyclically Adjusted PB Ratio Related Terms


Eminent Gold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Eminent Gold'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.

Eminent Gold Cyclically Adjusted PB Ratio Chart

Eminent Gold 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 29.27 13.16 5.40 8.83 5.27

Eminent Gold 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 7.35 7.11 5.83 5.27 9.64

Eminent Gold Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Eminent Gold'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.


Eminent Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:EMNT
28GF Score
Eminent Gold Corp TSXV:EMNT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eminent Gold 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.

Eminent Gold's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.52/0.06
=8.67

* 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.

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

For example, Eminent Gold'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)
=0.147/132.2623*132.2623
=0.147

Current CPI (Mar. 2026) = 132.2623.

Eminent Gold Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.004 102.002 0.005
201609 0.002 101.765 0.003
201612 0.000 101.449 0.000
201703 -0.003 102.634 -0.004
201706 -0.005 103.029 -0.006
201709 -0.007 103.345 -0.009
201712 -0.007 103.345 -0.009
201803 -0.008 105.004 -0.010
201806 -0.009 105.557 -0.011
201809 -0.010 105.636 -0.013
201812 -0.014 105.399 -0.018
201903 -0.015 106.979 -0.019
201906 -0.017 107.690 -0.021
201909 0.028 107.611 0.034
201912 0.027 107.769 0.033
202003 0.025 107.927 0.031
202006 0.021 108.401 0.026
202009 0.069 108.164 0.084
202012 0.063 108.559 0.077
202103 0.060 110.298 0.072
202106 0.124 111.720 0.147
202109 0.120 112.905 0.141
202112 0.113 113.774 0.131
202203 0.108 117.646 0.121
202206 0.107 120.806 0.117
202209 0.125 120.648 0.137
202212 0.119 120.964 0.130
202303 0.116 122.702 0.125
202306 0.112 124.203 0.119
202309 0.091 125.230 0.096
202312 0.055 125.072 0.058
202403 0.053 126.258 0.056
202406 0.051 127.522 0.053
202409 0.067 127.285 0.070
202412 0.074 127.364 0.077
202503 0.067 129.181 0.069
202506 0.130 129.892 0.132
202509 0.128 130.287 0.130
202512 0.123 130.366 0.125
202603 0.147 132.262 0.147

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 8.67 mean?
Eminent Gold (TSXV:EMNT) has a Cyclically Adjusted PB Ratio of 8.67 as of Aug. 12, 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 Eminent Gold and its competitors. According to the industry distribution chart, Eminent Gold ranks #1356 out of 1526 companies in the Metals & Mining industry, placing it in the top 88.9%.
Is Eminent Gold's Cyclically Adjusted PB Ratio too high?
Eminent Gold's current Cyclically Adjusted PB Ratio is 8.67. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.55. Eminent Gold's value of 8.67 is 459.4% above this industry median. Based on the distribution chart, Eminent Gold ranks #1356 out of 1526 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Eminent Gold has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Eminent Gold's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Eminent Gold ranks #1356 out of 1526 companies for Cyclically Adjusted PB Ratio. This places Eminent Gold in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.55. Eminent Gold's value of 8.67 is 459.4% above 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 1.55, based on 1,526 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. Eminent Gold's current Cyclically Adjusted PB Ratio of 8.67 is 459.4% above 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 Eminent Gold and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eminent Gold's current Cyclically Adjusted PB Ratio is 8.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eminent Gold stock overvalued right now?
Eminent Gold (TSXV:EMNT) has a current Cyclically Adjusted PB Ratio of 8.67. The current Cyclically Adjusted PB Ratio is 8.67 and 459.4% above the Metals & Mining industry median of 1.55. Eminent Gold's overall GF Score™ is 28/100 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 Eminent Gold (TSXV:EMNT), the current Cyclically Adjusted PB Ratio is 8.67 as of Aug. 12, 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.

Eminent Gold Business Description

Other Exchanges EMGDF:USA7AB:Germany
Address 3849 Thurston Street, Burnaby, BC, CAN, V5H 1H9
Eminent Gold Corp is engaged in the exploration and evaluation of resource properties. Its projects include the Hot Springs Range Project, Celts, and Gilbert South.
28GF Score

Get the complete analysis for TSXV:EMNT

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

C$0.52
Price