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Mirasol Resources (TSXV:MRZ) Cyclically Adjusted PB Ratio : 0.97 (As of Jul. 25, 2025)


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What is Mirasol Resources Cyclically Adjusted PB Ratio?

As of today (2025-07-25), Mirasol Resources's current share price is C$0.38. Mirasol Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$0.39. Mirasol Resources's Cyclically Adjusted PB Ratio for today is 0.97.

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

TSXV:MRZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.97
Current: 0.97

During the past years, Mirasol Resources's highest Cyclically Adjusted PB Ratio was 0.97. The lowest was 0.00. And the median was 0.00.

TSXV:MRZ's Cyclically Adjusted PB Ratio is ranked better than
53.03% of 1537 companies
in the Metals & Mining industry
Industry Median: 1.05 vs TSXV:MRZ: 0.97

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.

Mirasol Resources's adjusted book value per share data for the three months ended in Mar. 2025 was C$0.020. 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$0.39 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mirasol Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mirasol 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.

* Premium members only.

Mirasol Resources Cyclically Adjusted PB Ratio Chart

Mirasol Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.93 1.01 1.77 0.83

Mirasol Resources 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 1.30 0.83 1.05 1.33 0.99

Competitive Comparison of Mirasol Resources's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Mirasol 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.


Mirasol Resources's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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


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Mirasol 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.38/0.39
=0.97

* 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.

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

For example, Mirasol Resources'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)
=0.02/129.1809*129.1809
=0.020

Current CPI (Mar. 2025) = 129.1809.

Mirasol Resources Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.569 100.500 0.731
201509 0.569 100.421 0.732
201512 0.540 99.947 0.698
201603 0.476 101.054 0.608
201606 0.449 102.002 0.569
201609 0.596 101.765 0.757
201612 0.562 101.449 0.716
201703 0.527 102.634 0.663
201706 0.500 103.029 0.627
201709 0.468 103.345 0.585
201712 0.453 103.345 0.566
201803 0.424 105.004 0.522
201806 0.549 105.557 0.672
201809 0.521 105.636 0.637
201812 0.532 105.399 0.652
201903 0.478 106.979 0.577
201906 0.443 107.690 0.531
201909 0.419 107.611 0.503
201912 0.388 107.769 0.465
202003 0.382 107.927 0.457
202006 0.340 108.401 0.405
202009 0.317 108.164 0.379
202012 0.294 108.559 0.350
202103 0.263 110.298 0.308
202106 0.229 111.720 0.265
202109 0.217 112.905 0.248
202112 0.202 113.774 0.229
202203 0.169 117.646 0.186
202206 0.144 120.806 0.154
202209 0.126 120.648 0.135
202212 0.128 120.964 0.137
202303 0.094 122.702 0.099
202306 0.142 124.203 0.148
202309 0.114 125.230 0.118
202312 0.078 125.072 0.081
202403 0.054 126.258 0.055
202406 0.053 127.522 0.054
202409 0.035 127.285 0.036
202412 0.053 127.364 0.054
202503 0.020 129.181 0.020

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.


Mirasol Resources  (TSXV:MRZ) 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.


Mirasol Resources Cyclically Adjusted PB Ratio Related Terms

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


Mirasol Resources Business Description

Traded in Other Exchanges
Address
355 Burrard Street, Suite 1150, Vancouver, BC, CAN, V6C 2G8
Mirasol Resources Ltd is a mineral exploration company. It is engaged in acquiring and exploring mineral properties, located in Chile, Canada, and Argentina. The company projects include Gorbea Gold Belt, La Curva Gold Project, Altazor, Nandi, and others.
Executives
Glenn Pountney 10% Security Holder
John Tognetti 10% Security Holder, Director
Troy Shultz Senior Officer
Patrick Charles Evans Director
Jonathan Rosset Senior Officer
Nick Demare Director
Norman Pitcher Senior Officer
Dana Howard Prince Director

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