Monument Mining (TSXV:MMY) Cyclically Adjusted PB Ratio: 0.85 (As of Aug. 01, 2026) — 673% Above Median

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Founder & CEO of GuruFocus
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TSXV:MMY Monument Mining Ltd TSXV:MMY
75 GF Score
Price C$0.73
GF Value C$1.06
Valuation Significantly Undervalued
View Full Analysis

What is Monument Mining Cyclically Adjusted PB Ratio?

Monument Mining TSXV:MMY -2.67% 75 Cyclically Adjusted PB Ratio is 0.85 as of Aug. 01, 2026, which is 673% above its 10-year median of 0.11. GuruFocus rates TSXV:MMY with a GF Score™ of 75/100 and a GF Value™ of C$1.06 (Significantly Undervalued). Among 1,535 Metals & Mining companies, Monument Mining ranks better than 62.28% on this metric.

As of today (2026-08-01), Monument Mining's current share price is C$0.73. Monument Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.86. Monument Mining's Cyclically Adjusted PB Ratio for today is 0.85.

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

TSXV:MMY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.11   Max: 1.5
Current: 0.85

During the past years, Monument Mining's highest Cyclically Adjusted PB Ratio was 1.50. The lowest was 0.04. And the median was 0.11.

TSXV:MMY's Cyclically Adjusted PB Ratio is ranked better than
62.28% of 1535 companies
in the Metals & Mining industry
Industry Median: 1.4 vs TSXV:MMY: 0.85

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.

Monument Mining's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.821. 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$0.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monument Mining  (TSXV:MMY) 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.


Monument Mining Cyclically Adjusted PB Ratio Related Terms


Monument Mining Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Monument 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.

Monument Mining Cyclically Adjusted PB Ratio Chart

Monument Mining Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.10 0.11 0.16 0.44

Monument 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 0.50 0.44 0.72 1.42 1.18

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

For the Gold subindustry, Monument 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.


Monument Mining Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:MMY
75GF Score
Monument Mining Ltd TSXV:MMY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Monument 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.73/0.86
=0.85

* 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.

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

For example, Monument 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)
=0.821/132.2623*132.2623
=0.821

Current CPI (Mar. 2026) = 132.2623.

Monument Mining Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.953 102.002 1.236
201609 0.963 101.765 1.252
201612 0.980 101.449 1.278
201703 0.976 102.634 1.258
201706 0.956 103.029 1.227
201709 0.878 103.345 1.124
201712 0.906 103.345 1.160
201803 0.912 105.004 1.149
201806 0.922 105.557 1.155
201809 0.920 105.636 1.152
201812 0.948 105.399 1.190
201903 0.940 106.979 1.162
201906 0.926 107.690 1.137
201909 0.923 107.611 1.134
201912 0.911 107.769 1.118
202003 0.974 107.927 1.194
202006 0.935 108.401 1.141
202009 0.911 108.164 1.114
202012 0.880 108.559 1.072
202103 0.499 110.298 0.598
202106 0.476 111.720 0.564
202109 0.488 112.905 0.572
202112 0.483 113.774 0.561
202203 0.466 117.646 0.524
202206 0.472 120.806 0.517
202209 0.490 120.648 0.537
202212 0.486 120.964 0.531
202303 0.486 122.702 0.524
202306 0.464 124.203 0.494
202309 0.472 125.230 0.499
202312 0.465 125.072 0.492
202403 0.474 126.258 0.497
202406 0.506 127.522 0.525
202409 0.512 127.285 0.532
202412 0.577 127.364 0.599
202503 0.602 129.181 0.616
202506 0.660 129.892 0.672
202509 0.679 130.287 0.689
202512 0.737 130.366 0.748
202603 0.821 132.262 0.821

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 0.85 mean?
Monument Mining (TSXV:MMY) has a Cyclically Adjusted PB Ratio of 0.85 as of Aug. 01, 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 Monument Mining and its competitors. This is 673% above median its historical median of 0.11. Over the past decade, Monument Mining's Cyclically Adjusted PB Ratio has ranged from 0.04 to 1.50. According to the industry distribution chart, Monument Mining ranks #579 out of 1535 companies in the Metals & Mining industry, placing it in the top 37.7%.
Is Monument Mining's Cyclically Adjusted PB Ratio too high?
Monument Mining's current Cyclically Adjusted PB Ratio of 0.85 is 673% above median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 1.50. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. Monument Mining's value of 0.85 is 39.3% below this industry median. Based on the distribution chart, Monument Mining ranks #579 out of 1535 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Monument Mining has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Monument Mining's Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Monument Mining ranks #579 out of 1535 companies for Cyclically Adjusted PB Ratio. This puts Monument Mining in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.40. Monument Mining's value of 0.85 is 39.3% below this benchmark. Historically, Monument Mining's own Cyclically Adjusted PB Ratio has ranged from 0.04 to 1.50 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 1.40, Monument 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 1.40, based on 1,535 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. Monument Mining's current Cyclically Adjusted PB Ratio of 0.85 is 39.3% 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 Monument Mining and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Monument Mining's current Cyclically Adjusted PB Ratio is 0.85, which is 673% above median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monument Mining stock overvalued right now?
Based on GuruFocus' analysis, Monument Mining (TSXV:MMY) is currently considered Significantly Undervalued. The stock's GF Value™ is C$1.06, compared to a current price of C$0.73 — trading 31.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.85, which is 673% above median its 10-year median of 0.11 and 39.3% below the Metals & Mining industry median of 1.40. Monument Mining's overall GF Score™ is 75/100. 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 Monument Mining (TSXV:MMY), the current Cyclically Adjusted PB Ratio is 0.85 as of Aug. 01, 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 Monument Mining (TSXV:MMY) Overvalued in 2026?

Based on GuruFocus' analysis, Monument Mining stock appears to be undervalued. The current stock price of C$0.73 is trading 31.1% below its estimated GF Value™ of C$1.06. GuruFocus considers Monument Mining to be Significantly Undervalued.

Key valuation signals for TSXV:MMY:

  • Cyclically Adjusted PB Ratio: 0.85 (673% above median its 10-year median of 0.11)
  • GF Value™: C$1.06 vs. price of C$0.73 (31.1% below fair value)
  • GF Score™: 75/100
  • Industry Position: 39.3% below the Metals & Mining median (#579 of 1535)

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


Monument Mining Business Description

Other Exchanges MMTMF:USAD7Q1:Germany
Address 1100 Melville Street, Suite 1580, Vancouver, BC, CAN, V6E 4A6
Monument Mining Ltd is a Vancouver-based gold producer focused on the operation, acquisition, exploration, and development of precious metals, mainly gold. The Company operates through three main segments: Mine Operation (gold), Exploration and Evaluation (gold), and Corporate. Its mining operations are located in Malaysia, while its exploration and evaluation activities take place in both Malaysia and Australia. The corporate head office is the final reportable operating segment. The Selinsing gold portfolio includes the Selinsing, Buffalo Reef, Felda Land, and Famehub properties in Pahang State, Malaysia. In Western Australia, the Company manages the Murchison Gold Projects, which consist of the Burnakura, Gabanintha, and Tuckanarra properties.
75GF Score

Get the complete analysis for TSXV:MMY

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

C$0.73
Price
C$1.06
GF Value