Panoro Minerals (TSXV:PML) Cyclically Adjusted PB Ratio: 5.56 (As of Jul. 20, 2026)

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TSXV:PML Panoro Minerals Ltd TSXV:PML
33 GF Score
Price C$1.50
! 3 Warning Signs
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What is Panoro Minerals Cyclically Adjusted PB Ratio?

Panoro Minerals TSXV:PML 33 Cyclically Adjusted PB Ratio is 5.56 as of Jul. 20, 2026. GuruFocus rates TSXV:PML with a GF Score™ of 33/100. The stock has 3 warning signs investors should review. Among 1,542 Metals & Mining companies, Panoro Minerals ranks worse than 82.75% on this metric.

As of today (2026-07-20), Panoro Minerals's current share price is C$1.50. Panoro Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.27. Panoro Minerals's Cyclically Adjusted PB Ratio for today is 5.56.

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: 5.58
Current: 5.58

During the past years, Panoro Minerals's highest Cyclically Adjusted PB Ratio was 5.58. The lowest was 0.00. And the median was 0.00.

TSXV:PML's Cyclically Adjusted PB Ratio is ranked worse than
82.75% of 1542 companies
in the Metals & Mining industry
Industry Median: 1.375 vs TSXV:PML: 5.58

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 Mar. 2026 was C$0.164. 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 Mar. 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
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 1.37 1.89 2.03 1.46 2.60

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
=1.50/0.27
=5.56

* 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 Mar. 2026 is calculated as:

For example, Panoro Minerals'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)
=0.164/132.2623*132.2623
=0.164

Current CPI (Mar. 2026) = 132.2623.

Panoro Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.296 102.002 0.384
201609 0.278 101.765 0.361
201612 0.274 101.449 0.357
201703 0.274 102.634 0.353
201706 0.276 103.029 0.354
201709 0.266 103.345 0.340
201712 0.278 103.345 0.356
201803 0.272 105.004 0.343
201806 0.268 105.557 0.336
201809 0.268 105.636 0.336
201812 0.258 105.399 0.324
201903 0.262 106.979 0.324
201906 0.247 107.690 0.303
201909 0.242 107.611 0.297
201912 0.244 107.769 0.299
202003 0.232 107.927 0.284
202006 0.242 108.401 0.295
202009 0.239 108.164 0.292
202012 0.239 108.559 0.291
202103 0.236 110.298 0.283
202106 0.218 111.720 0.258
202109 0.216 112.905 0.253
202112 0.195 113.774 0.227
202203 0.215 117.646 0.242
202206 0.206 120.806 0.226
202209 0.199 120.648 0.218
202212 0.205 120.964 0.224
202303 0.204 122.702 0.220
202306 0.197 124.203 0.210
202309 0.196 125.230 0.207
202312 0.195 125.072 0.206
202403 0.195 126.258 0.204
202406 0.195 127.522 0.202
202409 0.191 127.285 0.198
202412 0.201 127.364 0.209
202503 0.201 129.181 0.206
202506 0.188 129.892 0.191
202509 0.189 130.287 0.192
202512 0.183 130.366 0.186
202603 0.164 132.262 0.164

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 5.56 mean?
Panoro Minerals (TSXV:PML) has a Cyclically Adjusted PB Ratio of 5.56 as of Jul. 20, 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 #1276 out of 1542 companies in the Metals & Mining industry, placing it in the top 82.7%.
Is Panoro Minerals' Cyclically Adjusted PB Ratio too high?
Panoro Minerals' current Cyclically Adjusted PB Ratio is 5.56. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.38. Panoro Minerals' value of 5.56 is 304.4% above this industry median. Based on the distribution chart, Panoro Minerals ranks #1276 out of 1542 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 #1276 out of 1542 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 1.38. Panoro Minerals' value of 5.56 is 304.4% 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 1.38, 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. Panoro Minerals's current Cyclically Adjusted PB Ratio of 5.56 is 304.4% 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 1.38 — 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 5.56. 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 5.56. The current Cyclically Adjusted PB Ratio is 5.56 and 304.4% above the Metals & Mining industry median of 1.38. Panoro Minerals' overall GF Score™ is 33/100 with 3 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 5.56 as of Jul. 20, 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$1.50
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