Maple Gold Mines (TSXV:MGM) Cyclically Adjusted PB Ratio: 11.08 (As of Sep. 03, 2026)

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TSXV:MGM Maple Gold Mines Ltd TSXV:MGM
30 GF Score
Price C$2.88
! 1 Warning Sign
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What is Maple Gold Mines Cyclically Adjusted PB Ratio?

Maple Gold Mines TSXV:MGM +5.88% 30 Cyclically Adjusted PB Ratio is 11.08 as of Sep. 03, 2026. GuruFocus rates TSXV:MGM with a GF Score™ of 30/100. The stock has 1 warning sign investors should review. Among 1,501 Metals & Mining companies, Maple Gold Mines ranks worse than 90.87% on this metric.

As of today (2026-09-03), Maple Gold Mines's current share price is C$2.88. Maple Gold Mines's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was C$0.26. Maple Gold Mines's Cyclically Adjusted PB Ratio for today is 11.08.

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

TSXV:MGM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 10.88
Current: 10.88

During the past years, Maple Gold Mines's highest Cyclically Adjusted PB Ratio was 10.88. The lowest was 0.00. And the median was 0.00.

TSXV:MGM's Cyclically Adjusted PB Ratio is ranked worse than
90.87% of 1501 companies
in the Metals & Mining industry
Industry Median: 1.54 vs TSXV:MGM: 10.88

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.

Maple Gold Mines's adjusted book value per share data for the three months ended in Jun. 2026 was C$0.275. 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$0.26 for the trailing ten years ended in Jun. 2026.

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Maple Gold Mines  (TSXV:MGM) 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.


Maple Gold Mines Cyclically Adjusted PB Ratio Related Terms


Maple Gold Mines Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Maple Gold Mines'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.

Maple Gold Mines Cyclically Adjusted PB Ratio Chart

Maple Gold Mines 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 2.08 1.30 0.71 0.81 7.22

Maple Gold Mines Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.19 5.27 7.22 9.21 10.35

TSXV:MGM vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Maple Gold Mines'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.


Maple Gold Mines Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:MGM
30GF Score
Maple Gold Mines Ltd TSXV:MGM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Maple Gold Mines 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.88/0.26
=11.08

* 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.

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

For example, Maple Gold Mines's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.275/133.5265*133.5265
=0.275

Current CPI (Jun. 2026) = 133.5265.

Maple Gold Mines Quarterly Data

Book Value per Share CPI Adj_Book
201609 -0.026 101.765 -0.034
201612 0.330 101.449 0.434
201703 0.145 102.634 0.189
201706 0.344 103.029 0.446
201709 0.328 103.345 0.424
201712 0.171 103.345 0.221
201803 -0.004 105.004 -0.005
201806 0.153 105.557 0.194
201809 0.115 105.636 0.145
201812 0.172 105.399 0.218
201903 0.201 106.979 0.251
201906 0.144 107.690 0.179
201909 0.112 107.611 0.139
201912 0.139 107.769 0.172
202003 0.094 107.927 0.116
202006 0.064 108.401 0.079
202009 0.205 108.164 0.253
202012 0.595 108.559 0.732
202103 0.560 110.298 0.678
202106 0.532 111.720 0.636
202109 0.507 112.905 0.600
202112 0.534 113.774 0.627
202203 0.474 117.646 0.538
202206 0.435 120.806 0.481
202209 0.378 120.648 0.418
202212 0.276 120.964 0.305
202303 0.202 122.702 0.220
202306 0.155 124.203 0.167
202309 0.122 125.230 0.130
202312 0.089 125.072 0.095
202403 0.082 126.258 0.087
202406 0.093 127.522 0.097
202409 0.064 127.285 0.067
202412 0.115 127.364 0.121
202503 0.085 129.181 0.088
202506 0.088 129.892 0.090
202509 0.142 130.287 0.146
202512 0.243 130.366 0.249
202603 0.320 132.262 0.323
202606 0.275 133.527 0.275

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 11.08 mean?
Maple Gold Mines (TSXV:MGM) has a Cyclically Adjusted PB Ratio of 11.08 as of Sep. 03, 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 Maple Gold Mines and its competitors. According to the industry distribution chart, Maple Gold Mines ranks #1364 out of 1501 companies in the Metals & Mining industry, placing it in the top 90.9%.
Is Maple Gold Mines' Cyclically Adjusted PB Ratio too high?
Maple Gold Mines' current Cyclically Adjusted PB Ratio is 11.08. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.54. Maple Gold Mines' value of 11.08 is 619.5% above this industry median. Based on the distribution chart, Maple Gold Mines ranks #1364 out of 1501 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Maple Gold Mines has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Maple Gold Mines' Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Maple Gold Mines ranks #1364 out of 1501 companies for Cyclically Adjusted PB Ratio. This places Maple Gold Mines in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. Maple Gold Mines' value of 11.08 is 619.5% 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 1.54, based on 1,501 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. Maple Gold Mines's current Cyclically Adjusted PB Ratio of 11.08 is 619.5% 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 Maple Gold Mines 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. Maple Gold Mines's current Cyclically Adjusted PB Ratio is 11.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maple Gold Mines stock overvalued right now?
Maple Gold Mines (TSXV:MGM) has a current Cyclically Adjusted PB Ratio of 11.08. The current Cyclically Adjusted PB Ratio is 11.08 and 619.5% above the Metals & Mining industry median of 1.54. Maple Gold Mines' overall GF Score™ is 30/100 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 Maple Gold Mines (TSXV:MGM), the current Cyclically Adjusted PB Ratio is 11.08 as of Sep. 03, 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.

Maple Gold Mines Business Description

Address 600 - 1111 West Hastings Street, 6th Floor, Vancouver, BC, CAN, V6E 2J3
Maple Gold Mines Ltd is an exploration-stage company, predominantly involved in the exploration of mineral properties in Quebec, Canada. It is focused on advancing the district-scale Douay and Joutel gold projects located in the prolific Abitibi Greenstone Gold Belt of Quebec, Canada. In addition, the company holds full ownership of the Morris project in the Matagami mining district and holds an exclusive option to acquire Eagle Mine property and PAT Project.
30GF 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.

C$2.88
Price