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EMX Royalty (TSXV:EMX) Cyclically Adjusted PB Ratio : 2.75 (As of Jun. 03, 2025)


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What is EMX Royalty Cyclically Adjusted PB Ratio?

As of today (2025-06-03), EMX Royalty's current share price is C$3.30. EMX Royalty's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$1.20. EMX Royalty's Cyclically Adjusted PB Ratio for today is 2.75.

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

TSXV:EMX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 2.2   Max: 5.28
Current: 2.7

During the past years, EMX Royalty's highest Cyclically Adjusted PB Ratio was 5.28. The lowest was 0.74. And the median was 2.20.

TSXV:EMX's Cyclically Adjusted PB Ratio is ranked worse than
76.88% of 1540 companies
in the Metals & Mining industry
Industry Median: 0.965 vs TSXV:EMX: 2.70

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.

EMX Royalty's adjusted book value per share data for the three months ended in Mar. 2025 was C$1.521. 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$1.20 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


EMX Royalty Cyclically Adjusted PB Ratio Historical Data

The historical data trend for EMX Royalty'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.

* Premium members only.

EMX Royalty Cyclically Adjusted PB Ratio Chart

EMX Royalty Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.82 3.03 2.45 1.96 2.15

EMX Royalty Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.11 2.18 2.11 2.15 2.46

Competitive Comparison of EMX Royalty's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, EMX Royalty'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.


EMX Royalty's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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


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EMX Royalty 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.

EMX Royalty's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.30/1.20
=2.75

* 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.

EMX Royalty's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, EMX Royalty's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.521/129.1809*129.1809
=1.521

Current CPI (Mar. 2025) = 129.1809.

EMX Royalty Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.579 100.500 0.744
201509 0.578 100.421 0.744
201512 0.582 99.947 0.752
201603 0.540 101.054 0.690
201606 0.500 102.002 0.633
201609 0.571 101.765 0.725
201612 0.565 101.449 0.719
201703 0.629 102.634 0.792
201706 0.570 103.029 0.715
201709 0.516 103.345 0.645
201712 0.540 103.345 0.675
201803 0.516 105.004 0.635
201806 0.473 105.557 0.579
201809 0.433 105.636 0.530
201812 1.322 105.399 1.620
201903 1.313 106.979 1.585
201906 1.256 107.690 1.507
201909 1.215 107.611 1.459
201912 1.203 107.769 1.442
202003 1.213 107.927 1.452
202006 1.191 108.401 1.419
202009 1.183 108.164 1.413
202012 1.161 108.559 1.382
202103 1.099 110.298 1.287
202106 1.075 111.720 1.243
202109 0.870 112.905 0.995
202112 1.347 113.774 1.529
202203 1.567 117.646 1.721
202206 1.542 120.806 1.649
202209 1.530 120.648 1.638
202212 1.512 120.964 1.615
202303 1.462 122.702 1.539
202306 1.365 124.203 1.420
202309 1.432 125.230 1.477
202312 1.440 125.072 1.487
202403 1.428 126.258 1.461
202406 1.412 127.522 1.430
202409 1.408 127.285 1.429
202412 1.492 127.364 1.513
202503 1.521 129.181 1.521

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.


EMX Royalty  (TSXV:EMX) 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.


EMX Royalty Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of EMX Royalty's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


EMX Royalty Business Description

Traded in Other Exchanges
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
EMX Royalty Corp and its subsidiaries operate as a royalty and prospect generator engaged in exploring for and generating royalties from, metals and minerals properties. The company is a precious, and base metals royalty company. The Company augments royalty generation with royalty acquisitions and strategic investments. EMX's royalty and mineral property portfolio consists of properties in North America, Europe, Turkiye, Latin America, Morocco and Australia.
Executives
Michael D. Winn Director
Dawson Brisco Director
Stefan Wenger Senior Officer
David M. Cole Director
David Johnson Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Douglas Leigh Reed Senior Officer
Henrik Lundin Director
Christina Cepeliauskas Senior Officer
Paul H. Stephens 10% Security Holder
Geoffrey Smith Director
Brian Kenneth Levet Director
Leonard Teoli Senior Officer
Jean Martineau Director, Senior Officer
Tyrone Mark Docherty Director
Garry Biles Senior Officer