Metalore Resources (TSXV:MET) Cyclically Adjusted PB Ratio: 0.42 (As of Aug. 08, 2026) — 11% Above Median

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TSXV:MET Metalore Resources Ltd TSXV:MET
62 GF Score
Price C$2.30
GF Value C$3.79
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Metalore Resources Cyclically Adjusted PB Ratio?

Metalore Resources TSXV:MET 62 Cyclically Adjusted PB Ratio is 0.42 as of Aug. 08, 2026, which is 11% above its 10-year median of 0.38. GuruFocus rates TSXV:MET with a GF Score™ of 62/100 and a GF Value™ of C$3.79 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 767 Oil & Gas companies, Metalore Resources ranks better than 78.49% on this metric.

As of today (2026-08-08), Metalore Resources's current share price is C$2.30. Metalore Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$5.43. Metalore Resources's Cyclically Adjusted PB Ratio for today is 0.42.

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

TSXV:MET' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.38   Max: 0.64
Current: 0.42

During the past years, Metalore Resources's highest Cyclically Adjusted PB Ratio was 0.64. The lowest was 0.12. And the median was 0.38.

TSXV:MET's Cyclically Adjusted PB Ratio is ranked better than
78.49% of 767 companies
in the Oil & Gas industry
Industry Median: 1.2 vs TSXV:MET: 0.42

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.

Metalore Resources's adjusted book value per share data for the three months ended in Mar. 2026 was C$3.935. 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$5.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metalore Resources  (TSXV:MET) 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.


Metalore Resources Cyclically Adjusted PB Ratio Related Terms


Metalore Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Metalore 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.

Metalore Resources Cyclically Adjusted PB Ratio Chart

Metalore Resources Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.38 0.48 0.45 0.45

Metalore 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 0.45 0.39 0.43 0.40 0.45

TSXV:MET vs COP, EOG, FANG: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, Metalore 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.


Metalore Resources Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Metalore Resources's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSXV:MET
62GF Score
Metalore Resources Ltd TSXV:MET
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metalore 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.30/5.43
=0.42

* 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.

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

For example, Metalore 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)
=3.935/132.2623*132.2623
=3.935

Current CPI (Mar. 2026) = 132.2623.

Metalore Resources Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.149 102.002 9.270
201609 7.169 101.765 9.317
201612 7.220 101.449 9.413
201703 3.805 102.634 4.903
201706 5.654 103.029 7.258
201709 5.670 103.345 7.257
201712 5.669 103.345 7.255
201803 4.018 105.004 5.061
201806 5.890 105.557 7.380
201809 5.859 105.636 7.336
201812 5.829 105.399 7.315
201903 4.167 106.979 5.152
201906 4.148 107.690 5.094
201909 4.127 107.611 5.072
201912 4.135 107.769 5.075
202003 3.787 107.927 4.641
202006 3.775 108.401 4.606
202009 3.750 108.164 4.585
202012 5.437 108.559 6.624
202103 4.090 110.298 4.904
202106 4.143 111.720 4.905
202109 4.095 112.905 4.797
202112 4.125 113.774 4.795
202203 5.078 117.646 5.709
202206 5.091 120.806 5.574
202209 5.147 120.648 5.642
202212 5.194 120.964 5.679
202303 4.050 122.702 4.366
202306 4.017 124.203 4.278
202309 3.994 125.230 4.218
202312 4.013 125.072 4.244
202403 3.531 126.258 3.699
202406 3.491 127.522 3.621
202409 3.480 127.285 3.616
202412 3.481 127.364 3.615
202503 4.148 129.181 4.247
202506 4.131 129.892 4.206
202509 4.076 130.287 4.138
202512 4.172 130.366 4.233
202603 3.935 132.262 3.935

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 0.42 mean?
Metalore Resources (TSXV:MET) has a Cyclically Adjusted PB Ratio of 0.42 as of Aug. 08, 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 Metalore Resources and its competitors. This is 11% above median its historical median of 0.38. Over the past decade, Metalore Resources' Cyclically Adjusted PB Ratio has ranged from 0.12 to 0.64. According to the industry distribution chart, Metalore Resources ranks #165 out of 767 companies in the Oil & Gas industry, placing it in the top 21.5%.
Is Metalore Resources' Cyclically Adjusted PB Ratio too high?
Metalore Resources' current Cyclically Adjusted PB Ratio of 0.42 is 11% above median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.64. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Metalore Resources' value of 0.42 is 65% below this industry median. Based on the distribution chart, Metalore Resources ranks #165 out of 767 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Metalore Resources has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Metalore Resources' Cyclically Adjusted PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Metalore Resources ranks #165 out of 767 companies for Cyclically Adjusted PB Ratio. This places Metalore Resources in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.20. Metalore Resources' value of 0.42 is 65% below this benchmark. Historically, Metalore Resources' own Cyclically Adjusted PB Ratio has ranged from 0.12 to 0.64 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 1.20, Metalore Resources 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.20, based on 767 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. Metalore Resources's current Cyclically Adjusted PB Ratio of 0.42 is 65% 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 Metalore Resources and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalore Resources's current Cyclically Adjusted PB Ratio is 0.42, which is 11% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalore Resources stock overvalued right now?
Based on GuruFocus' analysis, Metalore Resources (TSXV:MET) is currently considered Significantly Undervalued. The stock's GF Value™ is C$3.79, compared to a current price of C$2.30 — trading 39.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.42, which is 11% above median its 10-year median of 0.38 and 65% below the Oil & Gas industry median of 1.20. Metalore Resources' overall GF Score™ is 62/100 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 Metalore Resources (TSXV:MET), the current Cyclically Adjusted PB Ratio is 0.42 as of Aug. 08, 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 Metalore Resources (TSXV:MET) Overvalued in 2026?

Based on GuruFocus' analysis, Metalore Resources stock appears to be undervalued. The current stock price of C$2.30 is trading 39.3% below its estimated GF Value™ of C$3.79. GuruFocus considers Metalore Resources to be Significantly Undervalued.

Key valuation signals for TSXV:MET:

  • Cyclically Adjusted PB Ratio: 0.42 (11% above median its 10-year median of 0.38)
  • GF Value™: C$3.79 vs. price of C$2.30 (39.3% below fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 65% below the Oil & Gas median (#165 of 767)

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


Metalore Resources Business Description

Industry EnergyOil & Gas
Other Exchanges MTLRF:USA
Address 124 Norfolk Street North, Suite 422, Simcoe, ON, CAN, N3Y 3N8
Metalore Resources Ltd is a Canada-based resource company focused on natural gas production and gold exploration. It owns and controls petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. The company's properties for gold exploration include Paint LakeProperty and Brookbank Jv Properties. It generates the majority of its revenue from the sale of natural gas.
62GF Score

Get the complete analysis for TSXV:MET

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

C$2.30
Price
C$3.79
GF Value