Luca Mining (TSXV:LUCA) Cyclically Adjusted PB Ratio: 1.05 (As of Aug. 15, 2026) — 57% Above Median

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TSXV:LUCA Luca Mining Corp TSXV:LUCA
43 GF Score
Price C$0.96
GF Value C$0.97
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Luca Mining Cyclically Adjusted PB Ratio?

Luca Mining TSXV:LUCA -2.04% 43 Cyclically Adjusted PB Ratio is 1.05 as of Aug. 15, 2026, which is 57% above its 10-year median of 0.67. GuruFocus rates TSXV:LUCA with a GF Score™ of 43/100 and a GF Value™ of C$0.97 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,524 Metals & Mining companies, Luca Mining ranks better than 57.35% on this metric.

As of today (2026-08-15), Luca Mining's current share price is C$0.96. Luca Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.91. Luca Mining's Cyclically Adjusted PB Ratio for today is 1.05.

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

TSXV:LUCA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.67   Max: 2.32
Current: 1.06

During the past years, Luca Mining's highest Cyclically Adjusted PB Ratio was 2.32. The lowest was 0.10. And the median was 0.67.

TSXV:LUCA's Cyclically Adjusted PB Ratio is ranked better than
57.35% of 1524 companies
in the Metals & Mining industry
Industry Median: 1.535 vs TSXV:LUCA: 1.06

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.

Luca Mining's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.374. 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$0.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Luca Mining  (TSXV:LUCA) 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.


Luca Mining Cyclically Adjusted PB Ratio Related Terms


Luca Mining Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Luca Mining'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.

Luca Mining Cyclically Adjusted PB Ratio Chart

Luca Mining Annual Data
Trend Feb16 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 1.90 0.51 0.46 0.71 1.68

Luca Mining 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 1.55 1.59 1.86 1.68 1.55

Luca Mining Cyclically Adjusted PB Ratio Competitor Comparison

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


Luca Mining Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:LUCA
43GF Score
Luca Mining Corp TSXV:LUCA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Luca Mining 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.

Luca Mining's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.96/0.91
=1.05

* 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.

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

For example, Luca Mining'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)
=0.374/132.2623*132.2623
=0.374

Current CPI (Mar. 2026) = 132.2623.

Luca Mining Quarterly Data

Book Value per Share CPI Adj_Book
201602 -0.013 100.421 -0.017
201605 0.076 101.765 0.099
201608 0.004 101.686 0.005
201703 -0.197 102.634 -0.254
201706 14.034 103.029 18.016
201709 10.654 103.345 13.635
201712 0.120 103.345 0.154
201803 0.036 105.004 0.045
201806 0.071 105.557 0.089
201809 -0.234 105.636 -0.293
201812 0.272 105.399 0.341
201903 0.291 106.979 0.360
201906 0.088 107.690 0.108
201909 -0.011 107.611 -0.014
201912 -1.394 107.769 -1.711
202003 -1.215 107.927 -1.489
202006 -1.234 108.401 -1.506
202009 -1.059 108.164 -1.295
202012 -1.174 108.559 -1.430
202103 -0.416 110.298 -0.499
202106 -0.028 111.720 -0.033
202109 0.170 112.905 0.199
202112 0.956 113.774 1.111
202203 1.012 117.646 1.138
202206 1.024 120.806 1.121
202209 1.089 120.648 1.194
202212 0.816 120.964 0.892
202303 1.368 122.702 1.475
202306 0.424 124.203 0.452
202309 0.397 125.230 0.419
202312 0.373 125.072 0.394
202403 0.411 126.258 0.431
202406 0.451 127.522 0.468
202409 0.437 127.285 0.454
202412 0.339 127.364 0.352
202503 0.413 129.181 0.423
202506 0.390 129.892 0.397
202509 0.324 130.287 0.329
202512 0.300 130.366 0.304
202603 0.374 132.262 0.374

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 1.05 mean?
Luca Mining (TSXV:LUCA) has a Cyclically Adjusted PB Ratio of 1.05 as of Aug. 15, 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 Luca Mining and its competitors. This is 57% above median its historical median of 0.67. Over the past decade, Luca Mining's Cyclically Adjusted PB Ratio has ranged from 0.10 to 2.32. According to the industry distribution chart, Luca Mining ranks #650 out of 1524 companies in the Metals & Mining industry, placing it in the top 42.7%.
Is Luca Mining's Cyclically Adjusted PB Ratio too high?
Luca Mining's current Cyclically Adjusted PB Ratio of 1.05 is 57% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 2.32. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.54. Luca Mining's value of 1.05 is 31.6% below this industry median. Based on the distribution chart, Luca Mining ranks #650 out of 1524 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Luca Mining has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Luca Mining's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Luca Mining ranks #650 out of 1524 companies for Cyclically Adjusted PB Ratio. This puts Luca Mining in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. Luca Mining's value of 1.05 is 31.6% below this benchmark. Historically, Luca Mining's own Cyclically Adjusted PB Ratio has ranged from 0.10 to 2.32 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 1.54, Luca Mining has consistently been below the industry average. 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 1.54, based on 1,524 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. Luca Mining's current Cyclically Adjusted PB Ratio of 1.05 is 31.6% 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 Luca Mining and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Luca Mining's current Cyclically Adjusted PB Ratio is 1.05, which is 57% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luca Mining stock overvalued right now?
Based on GuruFocus' analysis, Luca Mining (TSXV:LUCA) is currently considered Fairly Valued. The stock's GF Value™ is C$0.97, compared to a current price of C$0.96 — trading 1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.05, which is 57% above median its 10-year median of 0.67 and 31.6% below the Metals & Mining industry median of 1.54. Luca Mining's overall GF Score™ is 43/100 with 3 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 Luca Mining (TSXV:LUCA), the current Cyclically Adjusted PB Ratio is 1.05 as of Aug. 15, 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.

Is Luca Mining (TSXV:LUCA) Overvalued in 2026?

Based on GuruFocus' analysis, Luca Mining stock appears to be undervalued. The current stock price of C$0.96 is trading 1% below its estimated GF Value™ of C$0.97. GuruFocus considers Luca Mining to be Fairly Valued.

Key valuation signals for TSXV:LUCA:

  • Cyclically Adjusted PB Ratio: 1.05 (57% above median its 10-year median of 0.67)
  • GF Value™: C$0.97 vs. price of C$0.96 (1% below fair value)
  • GF Score™: 43/100 with 3 warning signs
  • Industry Position: 31.6% below the Metals & Mining median (#650 of 1524)

No single metric tells the full story. See the TSXV:LUCA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Luca Mining Business Description

Other Exchanges LUCMF:USAZ68:Germany
Address 1111 Melville Street, Suite 410, Vancouver, BC, CAN, V6E 3V6
Luca Mining Corp is a Canadian-based mining company engages in the production of base metals and the acquisition, exploration and development of resource properties in Mexico. The company is engaged in mining, exploration, and development of mineral properties in Mexico with a corporate head office of Canada and Mexico and two reportable operating segments namely: Campo Morado, which derives maximum revenue; and Tahuehueto. Campo Morado is a polymetallic underground operation located in the state of Guerrero, Mexico. Tahuehueto is a hectare property covering mineralized zones hosted within a structurally controlled epithermal system.
43GF Score

Get the complete analysis for TSXV:LUCA

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

C$0.96
Price
C$0.97
GF Value