Millennium Silver (TSXV:MSC) Cyclically Adjusted PB Ratio: 0.67 (As of Jul. 22, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Millennium Silver Cyclically Adjusted PB Ratio?

Millennium Silver TSXV:MSC Cyclically Adjusted PB Ratio is 0.67 as of Jul. 22, 2026. The stock has 2 warning signs investors should review. Among 1,542 Metals & Mining companies, Millennium Silver ranks better than 61.02% on this metric.

As of today (2026-07-22), Millennium Silver's current share price is C$0.02. Millennium Silver's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.03. Millennium Silver's Cyclically Adjusted PB Ratio for today is 0.67.

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

TSXV:MSC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.9
Current: 0.9

During the past years, Millennium Silver's highest Cyclically Adjusted PB Ratio was 0.90. The lowest was 0.00. And the median was 0.00.

TSXV:MSC's Cyclically Adjusted PB Ratio is ranked better than
61.02% of 1542 companies
in the Metals & Mining industry
Industry Median: 1.395 vs TSXV:MSC: 0.90

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.

Millennium Silver's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.005. 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$0.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Millennium Silver  (TSXV:MSC) 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.


Millennium Silver Cyclically Adjusted PB Ratio Related Terms


Millennium Silver Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Millennium Silver'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.

Millennium Silver Cyclically Adjusted PB Ratio Chart

Millennium Silver 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 0.25 0.13 0.14 0.16 0.54

Millennium Silver 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 0.17 0.17 0.35 0.54 0.72

TSXV:MSC vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Millennium Silver'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.


Millennium Silver Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Millennium Silver 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.

Millennium Silver's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.02/0.03
=0.67

* 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.

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

For example, Millennium Silver'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)
=0.005/132.2623*132.2623
=0.005

Current CPI (Mar. 2026) = 132.2623.

Millennium Silver Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.029 102.002 0.038
201609 0.029 101.765 0.038
201612 0.036 101.449 0.047
201703 0.032 102.634 0.041
201706 0.032 103.029 0.041
201709 0.031 103.345 0.040
201712 0.036 103.345 0.046
201803 0.030 105.004 0.038
201806 0.030 105.557 0.038
201809 0.029 105.636 0.036
201812 0.038 105.399 0.048
201903 0.037 106.979 0.046
201906 0.036 107.690 0.044
201909 0.036 107.611 0.044
201912 0.033 107.769 0.040
202003 0.033 107.927 0.040
202006 0.033 108.401 0.040
202009 0.030 108.164 0.037
202012 0.028 108.559 0.034
202103 0.028 110.298 0.034
202106 0.027 111.720 0.032
202109 0.028 112.905 0.033
202112 0.027 113.774 0.031
202203 0.027 117.646 0.030
202206 0.028 120.806 0.031
202209 0.029 120.648 0.032
202212 0.028 120.964 0.031
202303 0.028 122.702 0.030
202306 0.028 124.203 0.030
202309 0.028 125.230 0.030
202312 -0.002 125.072 -0.002
202403 -0.002 126.258 -0.002
202406 -0.002 127.522 -0.002
202409 -0.002 127.285 -0.002
202412 -0.002 127.364 -0.002
202503 -0.002 129.181 -0.002
202506 -0.002 129.892 -0.002
202509 -0.002 130.287 -0.002
202512 -0.002 130.366 -0.002
202603 0.005 132.262 0.005

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 0.67 mean?
Millennium Silver (TSXV:MSC) has a Cyclically Adjusted PB Ratio of 0.67 as of Jul. 22, 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 Millennium Silver and its competitors. According to the industry distribution chart, Millennium Silver ranks #601 out of 1542 companies in the Metals & Mining industry, placing it in the top 39%.
Is Millennium Silver's Cyclically Adjusted PB Ratio too high?
Millennium Silver's current Cyclically Adjusted PB Ratio is 0.67. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. Millennium Silver's value of 0.67 is 52% below this industry median. Based on the distribution chart, Millennium Silver ranks #601 out of 1542 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Millennium Silver's Cyclically Adjusted PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Millennium Silver ranks #601 out of 1542 companies for Cyclically Adjusted PB Ratio. This puts Millennium Silver in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.40. Millennium Silver's value of 0.67 is 52% below 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 1.40, based on 1,542 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. Millennium Silver's current Cyclically Adjusted PB Ratio of 0.67 is 52% 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 Millennium Silver 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. Millennium Silver's current Cyclically Adjusted PB Ratio is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Silver stock overvalued right now?
Millennium Silver (TSXV:MSC) has a current Cyclically Adjusted PB Ratio of 0.67. The current Cyclically Adjusted PB Ratio is 0.67 and 52% below the Metals & Mining industry median of 1.40. 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 Millennium Silver (TSXV:MSC), the current Cyclically Adjusted PB Ratio is 0.67 as of Jul. 22, 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.

Millennium Silver Business Description

Address 2608 Shaughnessy Street, Suite 202, Port Coquitlam, BC, CAN, V3C 3G6
Millennium Silver Corp primary business is the acquisition, exploration, and evaluation of mineral properties in Nevada, USA. The Company operates in one business segment, being the acquisition and exploration and evaluation of mineral assets which are located in the United States. The company's projects are Silver Peak property, and Simon Property.