TRU Precious Metals (TSXV:TRU) Cyclically Adjusted PB Ratio: 0.17 (As of Aug. 25, 2026) — 60% Below Median

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What is TRU Precious Metals Cyclically Adjusted PB Ratio?

TRU Precious Metals TSXV:TRU -14.29% Cyclically Adjusted PB Ratio is 0.17 as of Aug. 25, 2026, which is 60% below its 10-year median of 0.42. The stock has 1 warning sign investors should review. Among 1,516 Metals & Mining companies, TRU Precious Metals ranks better than 87.6% on this metric.

As of today (2026-08-25), TRU Precious Metals's current share price is C$0.03. TRU Precious Metals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was C$0.18. TRU Precious Metals's Cyclically Adjusted PB Ratio for today is 0.17.

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

TSXV:TRU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.42   Max: 3.04
Current: 0.17

During the past years, TRU Precious Metals's highest Cyclically Adjusted PB Ratio was 3.04. The lowest was 0.05. And the median was 0.42.

TSXV:TRU's Cyclically Adjusted PB Ratio is ranked better than
87.6% of 1516 companies
in the Metals & Mining industry
Industry Median: 1.56 vs TSXV:TRU: 0.17

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.

TRU Precious Metals's adjusted book value per share data for the three months ended in Dec. 2025 was C$0.010. 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$0.18 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


TRU Precious Metals  (TSXV:TRU) 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.


TRU Precious Metals Cyclically Adjusted PB Ratio Related Terms


TRU Precious Metals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TRU Precious Metals'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.

TRU Precious Metals Cyclically Adjusted PB Ratio Chart

TRU Precious Metals 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 0.59 0.19 0.12 0.08 0.28

TRU Precious Metals Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.08 0.07 0.12 0.10 0.28

TSXV:TRU vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, TRU Precious Metals'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.


TRU Precious Metals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where TRU Precious Metals's Cyclically Adjusted PB Ratio falls into.



TRU Precious Metals 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.

TRU Precious Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.03/0.18
=0.17

* 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.

TRU Precious Metals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, TRU Precious Metals's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.01/130.3661*130.3661
=0.010

Current CPI (Dec. 2025) = 130.3661.

TRU Precious Metals Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.837 101.054 1.080
201606 0.834 102.002 1.066
201609 0.837 101.765 1.072
201612 0.273 101.449 0.351
201703 0.269 102.634 0.342
201706 0.260 103.029 0.329
201709 0.174 103.345 0.219
201712 0.171 103.345 0.216
201803 0.171 105.004 0.212
201806 0.155 105.557 0.191
201809 0.137 105.636 0.169
201812 0.130 105.399 0.161
201903 0.148 106.979 0.180
201906 0.137 107.690 0.166
201909 0.129 107.611 0.156
201912 0.126 107.769 0.152
202003 0.131 107.927 0.158
202006 0.091 108.401 0.109
202009 0.093 108.164 0.112
202012 0.044 108.559 0.053
202103 0.036 110.298 0.043
202106 0.095 111.720 0.111
202109 0.074 112.905 0.085
202112 0.046 113.774 0.053
202203 0.034 117.646 0.038
202206 0.031 120.806 0.033
202209 0.015 120.648 0.016
202212 0.012 120.964 0.013
202303 0.009 122.702 0.010
202306 0.008 124.203 0.008
202309 0.018 125.230 0.019
202312 0.016 125.072 0.017
202403 0.015 126.258 0.015
202406 0.013 127.522 0.013
202409 0.010 127.285 0.010
202412 0.009 127.364 0.009
202503 0.009 129.181 0.009
202506 0.008 129.892 0.008
202509 0.010 130.287 0.010
202512 0.010 130.366 0.010

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 0.17 mean?
TRU Precious Metals (TSXV:TRU) has a Cyclically Adjusted PB Ratio of 0.17 as of Aug. 25, 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 TRU Precious Metals and its competitors. This is 60% below median its historical median of 0.42. Over the past decade, TRU Precious Metals' Cyclically Adjusted PB Ratio has ranged from 0.05 to 3.04. According to the industry distribution chart, TRU Precious Metals ranks #188 out of 1516 companies in the Metals & Mining industry, placing it in the top 12.4%.
Is TRU Precious Metals' Cyclically Adjusted PB Ratio too high?
TRU Precious Metals' current Cyclically Adjusted PB Ratio of 0.17 is 60% below median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 3.04. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.56. TRU Precious Metals' value of 0.17 is 89.1% below this industry median. Based on the distribution chart, TRU Precious Metals ranks #188 out of 1516 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does TRU Precious Metals' Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, TRU Precious Metals ranks #188 out of 1516 companies for Cyclically Adjusted PB Ratio. This places TRU Precious Metals in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.56. TRU Precious Metals' value of 0.17 is 89.1% below this benchmark. Historically, TRU Precious Metals' own Cyclically Adjusted PB Ratio has ranged from 0.05 to 3.04 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 1.56, TRU Precious Metals has consistently been below 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 1,516 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. TRU Precious Metals's current Cyclically Adjusted PB Ratio of 0.17 is 89.1% 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 TRU Precious Metals 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. TRU Precious Metals's current Cyclically Adjusted PB Ratio is 0.17, which is 60% below median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRU Precious Metals stock overvalued right now?
TRU Precious Metals (TSXV:TRU) has a current Cyclically Adjusted PB Ratio of 0.17. The current Cyclically Adjusted PB Ratio is 0.17, which is 60% below median its 10-year median of 0.42 and 89.1% below the Metals & Mining industry median of 1.56. 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 TRU Precious Metals (TSXV:TRU), the current Cyclically Adjusted PB Ratio is 0.17 as of Aug. 25, 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.

TRU Precious Metals Business Description

Other Exchanges TRUIF:USA706:Germany
Address 70 Trius Drive, Fredericton, NB, CAN, E3B 5E3
TRU Precious Metals Corp is engaged in the acquisition and exploration of gold properties. Its projects include Golden Rose, Twilite Gold Project.