Panoro Minerals (TSXV:PML) Cyclically Adjusted PB Ratio: 6.63 (As of Sep. 03, 2026)

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TSXV:PML Panoro Minerals Ltd TSXV:PML
33 GF Score
Price C$1.79
! 2 Warning Signs
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What is Panoro Minerals Cyclically Adjusted PB Ratio?

Panoro Minerals TSXV:PML +1.70% 33 Cyclically Adjusted PB Ratio is 6.63 as of Sep. 03, 2026. GuruFocus rates TSXV:PML with a GF Score™ of 33/100. The stock has 2 warning signs investors should review. Among 1,501 Metals & Mining companies, Panoro Minerals ranks worse than 84.34% on this metric.

As of today (2026-09-03), Panoro Minerals's current share price is C$1.79. Panoro Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was C$0.27. Panoro Minerals's Cyclically Adjusted PB Ratio for today is 6.63.

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

TSXV:PML' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6.97
Current: 6.97

During the past years, Panoro Minerals's highest Cyclically Adjusted PB Ratio was 6.97. The lowest was 0.00. And the median was 0.00.

TSXV:PML's Cyclically Adjusted PB Ratio is ranked worse than
84.34% of 1501 companies
in the Metals & Mining industry
Industry Median: 1.54 vs TSXV:PML: 6.97

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.

Panoro Minerals's adjusted book value per share data for the three months ended in Jun. 2026 was C$0.195. 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$0.27 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Panoro Minerals  (TSXV:PML) 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.


Panoro Minerals Cyclically Adjusted PB Ratio Related Terms


Panoro Minerals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Panoro Minerals'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.

Panoro Minerals Cyclically Adjusted PB Ratio Chart

Panoro Minerals 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 0.49 0.44 0.43 1.12 1.46

Panoro Minerals 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 1.89 2.03 1.46 2.60 5.77

Panoro Minerals Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Panoro Minerals'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.


Panoro Minerals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:PML
33GF Score
Panoro Minerals Ltd TSXV:PML
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Panoro Minerals 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.

Panoro Minerals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.79/0.27
=6.63

* 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.

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

For example, Panoro Minerals'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)
=0.195/133.5265*133.5265
=0.195

Current CPI (Jun. 2026) = 133.5265.

Panoro Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.278 101.765 0.365
201612 0.274 101.449 0.361
201703 0.274 102.634 0.356
201706 0.276 103.029 0.358
201709 0.266 103.345 0.344
201712 0.278 103.345 0.359
201803 0.272 105.004 0.346
201806 0.268 105.557 0.339
201809 0.268 105.636 0.339
201812 0.258 105.399 0.327
201903 0.262 106.979 0.327
201906 0.247 107.690 0.306
201909 0.242 107.611 0.300
201912 0.244 107.769 0.302
202003 0.232 107.927 0.287
202006 0.242 108.401 0.298
202009 0.239 108.164 0.295
202012 0.239 108.559 0.294
202103 0.236 110.298 0.286
202106 0.218 111.720 0.261
202109 0.216 112.905 0.255
202112 0.195 113.774 0.229
202203 0.215 117.646 0.244
202206 0.206 120.806 0.228
202209 0.199 120.648 0.220
202212 0.205 120.964 0.226
202303 0.204 122.702 0.222
202306 0.197 124.203 0.212
202309 0.196 125.230 0.209
202312 0.195 125.072 0.208
202403 0.195 126.258 0.206
202406 0.195 127.522 0.204
202409 0.191 127.285 0.200
202412 0.201 127.364 0.211
202503 0.201 129.181 0.208
202506 0.188 129.892 0.193
202509 0.189 130.287 0.194
202512 0.183 130.366 0.187
202603 0.164 132.262 0.166
202606 0.195 133.527 0.195

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 6.63 mean?
Panoro Minerals (TSXV:PML) has a Cyclically Adjusted PB Ratio of 6.63 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 Panoro Minerals and its competitors. According to the industry distribution chart, Panoro Minerals ranks #1266 out of 1501 companies in the Metals & Mining industry, placing it in the top 84.3%.
Is Panoro Minerals' Cyclically Adjusted PB Ratio too high?
Panoro Minerals' current Cyclically Adjusted PB Ratio is 6.63. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.54. Panoro Minerals' value of 6.63 is 330.5% above this industry median. Based on the distribution chart, Panoro Minerals ranks #1266 out of 1501 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Panoro Minerals has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Panoro Minerals' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Panoro Minerals ranks #1266 out of 1501 companies for Cyclically Adjusted PB Ratio. This places Panoro Minerals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. Panoro Minerals' value of 6.63 is 330.5% 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. Panoro Minerals's current Cyclically Adjusted PB Ratio of 6.63 is 330.5% 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 Panoro Minerals 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. Panoro Minerals's current Cyclically Adjusted PB Ratio is 6.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panoro Minerals stock overvalued right now?
Panoro Minerals (TSXV:PML) has a current Cyclically Adjusted PB Ratio of 6.63. The current Cyclically Adjusted PB Ratio is 6.63 and 330.5% above the Metals & Mining industry median of 1.54. Panoro Minerals' overall GF Score™ is 33/100 with 2 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 Panoro Minerals (TSXV:PML), the current Cyclically Adjusted PB Ratio is 6.63 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.

Panoro Minerals Business Description

Address 505 Burrard Street, Suite 480, One Bentall Centre, Vancouver, BC, CAN, V7X 1M3
Panoro Minerals Ltd is a Canada-based exploration stage company engaged in the exploration, acquisition, and development of mineral properties. The organization has one operating segment, Mineral exploration. The company's projects include Antilla Project, Humamantata Project and Kusiorcco Projec. All of the company's exploration and evaluation assets are located in Peru and Canada.
33GF 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$1.79
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