Metalla Royalty & Streaming (TSXV:MTA) Cyclically Adjusted PB Ratio: 4.98 (As of Aug. 11, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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TSXV:MTA Metalla Royalty & Streaming Ltd TSXV:MTA
80 GF Score
Price C$12.50
GF Value C$11.38
Valuation Fairly Valued
! 5 Warning Signs
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What is Metalla Royalty & Streaming Cyclically Adjusted PB Ratio?

Metalla Royalty & Streaming TSXV:MTA +2.71% 80 Cyclically Adjusted PB Ratio is 4.98 as of Aug. 11, 2026, which is 8% above its 10-year median of 4.61. GuruFocus rates TSXV:MTA with a GF Score™ of 80/100 and a GF Value™ of C$11.38 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,528 Metals & Mining companies, Metalla Royalty & Streaming ranks worse than 78.53% on this metric.

As of today (2026-08-11), Metalla Royalty & Streaming's current share price is C$12.50. Metalla Royalty & Streaming's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$2.51. Metalla Royalty & Streaming's Cyclically Adjusted PB Ratio for today is 4.98.

The historical rank and industry rank for Metalla Royalty & Streaming's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSXV:MTA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.8   Med: 4.61   Max: 16.69
Current: 4.99

During the past years, Metalla Royalty & Streaming's highest Cyclically Adjusted PB Ratio was 16.69. The lowest was 1.80. And the median was 4.61.

TSXV:MTA's Cyclically Adjusted PB Ratio is ranked worse than
78.53% of 1528 companies
in the Metals & Mining industry
Industry Median: 1.555 vs TSXV:MTA: 4.99

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.

Metalla Royalty & Streaming's adjusted book value per share data for the three months ended in Mar. 2026 was C$3.717. 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$2.51 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metalla Royalty & Streaming  (TSXV:MTA) 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.


Metalla Royalty & Streaming Cyclically Adjusted PB Ratio Related Terms


Metalla Royalty & Streaming Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Metalla Royalty & Streaming'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.

Metalla Royalty & Streaming Cyclically Adjusted PB Ratio Chart

Metalla Royalty & Streaming Annual Data
Trend May16 May17 May18 May19 May20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.48 4.62 2.39 1.82 4.44

Metalla Royalty & Streaming 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 1.98 2.40 3.89 4.44 3.57

TSXV:MTA vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Metalla Royalty & Streaming'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.


Metalla Royalty & Streaming Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Metalla Royalty & Streaming's Cyclically Adjusted PB Ratio falls into.


TSXV:MTA
80GF Score
Metalla Royalty & Streaming Ltd TSXV:MTA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Metalla Royalty & Streaming 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.

Metalla Royalty & Streaming's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.50/2.51
=4.98

* 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.

Metalla Royalty & Streaming's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Metalla Royalty & Streaming'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)
=3.717/132.2623*132.2623
=3.717

Current CPI (Mar. 2026) = 132.2623.

Metalla Royalty & Streaming Quarterly Data

Book Value per Share CPI Adj_Book
201602 -0.062 100.421 -0.082
201605 -0.034 101.765 -0.044
201608 -0.042 101.686 -0.055
201611 0.287 101.607 0.374
201702 0.245 102.476 0.316
201705 0.538 103.108 0.690
201708 0.866 103.108 1.111
201711 0.853 103.740 1.088
201802 0.825 104.688 1.042
201805 0.807 105.399 1.013
201808 1.179 106.031 1.471
201811 1.406 105.478 1.763
201902 1.626 106.268 2.024
201905 1.843 107.927 2.259
201908 1.798 108.085 2.200
201911 1.782 107.769 2.187
202002 1.752 108.559 2.135
202005 1.912 107.532 2.352
202008 2.009 108.243 2.455
202103 2.610 110.298 3.130
202106 2.699 111.720 3.195
202109 2.905 112.905 3.403
202112 2.923 113.774 3.398
202203 2.901 117.646 3.261
202206 2.901 120.806 3.176
202209 2.947 120.648 3.231
202212 3.256 120.964 3.560
202303 3.375 122.702 3.638
202306 3.347 124.203 3.564
202309 3.337 125.230 3.524
202312 3.733 125.072 3.948
202403 3.742 126.258 3.920
202406 3.774 127.522 3.914
202409 3.724 127.285 3.870
202412 3.900 127.364 4.050
202503 3.925 129.181 4.019
202506 3.723 129.892 3.791
202509 3.787 130.287 3.844
202512 3.738 130.366 3.792
202603 3.717 132.262 3.717

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 4.98 mean?
Metalla Royalty & Streaming (TSXV:MTA) has a Cyclically Adjusted PB Ratio of 4.98 as of Aug. 11, 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 Metalla Royalty & Streaming and its competitors. This is near median its historical median of 4.61. Over the past decade, Metalla Royalty & Streaming's Cyclically Adjusted PB Ratio has ranged from 1.80 to 16.69. According to the industry distribution chart, Metalla Royalty & Streaming ranks #1200 out of 1528 companies in the Metals & Mining industry, placing it in the top 78.5%.
Is Metalla Royalty & Streaming's Cyclically Adjusted PB Ratio too high?
Metalla Royalty & Streaming's current Cyclically Adjusted PB Ratio of 4.98 is near median its 10-year median of 4.61. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 16.69. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.56. Metalla Royalty & Streaming's value of 4.98 is 220.3% above this industry median. Based on the distribution chart, Metalla Royalty & Streaming ranks #1200 out of 1528 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Metalla Royalty & Streaming has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Metalla Royalty & Streaming's Cyclically Adjusted PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Metalla Royalty & Streaming ranks #1200 out of 1528 companies for Cyclically Adjusted PB Ratio. This places Metalla Royalty & Streaming in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Metalla Royalty & Streaming's value of 4.98 is 220.3% above this benchmark. Historically, Metalla Royalty & Streaming's own Cyclically Adjusted PB Ratio has ranged from 1.80 to 16.69 over the past decade. While the company's 10-year median is 4.61 vs. the industry median of 1.56, Metalla Royalty & Streaming has consistently been above 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 1.56, based on 1,528 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. Metalla Royalty & Streaming's current Cyclically Adjusted PB Ratio of 4.98 is 220.3% 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 Metalla Royalty & Streaming and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalla Royalty & Streaming's current Cyclically Adjusted PB Ratio is 4.98, which is near median its own 10-year median of 4.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalla Royalty & Streaming stock overvalued right now?
Based on GuruFocus' analysis, Metalla Royalty & Streaming (TSXV:MTA) is currently considered Fairly Valued. The stock's GF Value™ is C$11.38, compared to a current price of C$12.50 — trading 9.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.98, which is near median its 10-year median of 4.61 and 220.3% above the Metals & Mining industry median of 1.56. Metalla Royalty & Streaming's overall GF Score™ is 80/100 with 5 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 Metalla Royalty & Streaming (TSXV:MTA), the current Cyclically Adjusted PB Ratio is 4.98 as of Aug. 11, 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 Metalla Royalty & Streaming (TSXV:MTA) Overvalued in 2026?

Based on GuruFocus' analysis, Metalla Royalty & Streaming stock appears to be overvalued. The current stock price of C$12.50 is trading 9.8% above its estimated GF Value™ of C$11.38. GuruFocus considers Metalla Royalty & Streaming to be Fairly Valued.

Key valuation signals for TSXV:MTA:

  • Cyclically Adjusted PB Ratio: 4.98 (near median its 10-year median of 4.61)
  • GF Value™: C$11.38 vs. price of C$12.50 (9.8% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 220.3% above the Metals & Mining median (#1200 of 1528)

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


Metalla Royalty & Streaming Business Description

Other Exchanges MTA:USA0A66:UKX9C:Germany
Address 543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
Metalla Royalty & Streaming Ltd is a precious metals royalty and streaming company that engages in the acquisition and management of precious metal royalties, streams, and similar production-based interests. It's a pure-play gold and silver streaming and royalty company. It generates revenue from royalties, streams, and other interests. Geographically, the company generates revenue from Australia, Brazil, Mexico, and the USA, with the majority generated from Brazil.
80GF Score

Get the complete analysis for TSXV:MTA

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

C$12.50
Price
C$11.38
GF Value