Group Eleven Resources (TSXV:ZNG) Cyclically Adjusted PB Ratio: 8.60 (As of Sep. 10, 2026)

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TSXV:ZNG Group Eleven Resources Corp TSXV:ZNG
37 GF Score
Price C$0.86
! 1 Warning Sign
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What is Group Eleven Resources Cyclically Adjusted PB Ratio?

Group Eleven Resources TSXV:ZNG -1.15% 37 Cyclically Adjusted PB Ratio is 8.60 as of Sep. 10, 2026. GuruFocus rates TSXV:ZNG with a GF Score™ of 37/100. The stock has 1 warning sign investors should review. Among 1,502 Metals & Mining companies, Group Eleven Resources ranks worse than 89.01% on this metric.

As of today (2026-09-10), Group Eleven Resources's current share price is C$0.86. Group Eleven Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was C$0.10. Group Eleven Resources's Cyclically Adjusted PB Ratio for today is 8.60.

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

TSXV:ZNG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 8.76
Current: 8.76

During the past years, Group Eleven Resources's highest Cyclically Adjusted PB Ratio was 8.76. The lowest was 0.00. And the median was 0.00.

TSXV:ZNG's Cyclically Adjusted PB Ratio is ranked worse than
89.01% of 1502 companies
in the Metals & Mining industry
Industry Median: 1.545 vs TSXV:ZNG: 8.76

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.

Group Eleven Resources's adjusted book value per share data for the three months ended in Jun. 2026 was C$0.077. 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$0.10 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Group Eleven Resources  (TSXV:ZNG) 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.


Group Eleven Resources Cyclically Adjusted PB Ratio Related Terms


Group Eleven Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Group Eleven Resources'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.

Group Eleven Resources Cyclically Adjusted PB Ratio Chart

Group Eleven Resources 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 0.00 0.00 0.00 0.00 7.93

Group Eleven Resources 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 0.00 0.00 7.93 10.42 8.25

Group Eleven Resources Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Group Eleven Resources'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.


Group Eleven Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Group Eleven Resources's Cyclically Adjusted PB Ratio falls into.


TSXV:ZNG
37GF Score
Group Eleven Resources Corp TSXV:ZNG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Group Eleven Resources 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.

Group Eleven Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.86/0.10
=8.60

* 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.

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

For example, Group Eleven Resources'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)
=0.077/128.6700*128.6700
=0.077

Current CPI (Jun. 2026) = 128.6700.

Group Eleven Resources Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 100.274 0.000
201612 0.061 99.676 0.079
201703 0.000 100.374 0.000
201706 0.250 100.673 0.320
201709 0.280 100.474 0.359
201712 0.176 100.075 0.226
201803 0.166 100.573 0.212
201806 0.153 101.072 0.195
201809 0.139 101.371 0.176
201812 0.122 100.773 0.156
201903 0.110 101.670 0.139
201906 0.100 102.168 0.126
201909 0.091 102.268 0.114
201912 0.084 102.068 0.106
202003 0.080 102.367 0.101
202006 0.068 101.769 0.086
202009 0.064 101.072 0.081
202012 0.059 101.072 0.075
202103 0.057 102.367 0.072
202106 0.053 103.364 0.066
202109 0.048 104.859 0.059
202112 0.046 106.653 0.055
202203 0.052 109.245 0.061
202206 0.048 112.779 0.055
202209 0.045 113.504 0.051
202212 0.041 115.436 0.046
202303 0.037 117.609 0.040
202306 0.040 119.662 0.043
202309 0.037 120.749 0.039
202312 0.043 120.749 0.046
202403 0.041 120.990 0.044
202406 0.039 122.318 0.041
202409 0.036 121.594 0.038
202412 0.033 122.439 0.035
202503 0.037 123.405 0.039
202506 0.039 124.492 0.040
202509 0.053 124.810 0.055
202512 0.050 125.770 0.051
202603 0.082 127.830 0.083
202606 0.077 128.670 0.077

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 8.60 mean?
Group Eleven Resources (TSXV:ZNG) has a Cyclically Adjusted PB Ratio of 8.60 as of Sep. 10, 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 Group Eleven Resources and its competitors. According to the industry distribution chart, Group Eleven Resources ranks #1337 out of 1502 companies in the Metals & Mining industry, placing it in the top 89%.
Is Group Eleven Resources' Cyclically Adjusted PB Ratio too high?
Group Eleven Resources' current Cyclically Adjusted PB Ratio is 8.60. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.55. Group Eleven Resources' value of 8.60 is 456.6% above this industry median. Based on the distribution chart, Group Eleven Resources ranks #1337 out of 1502 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Group Eleven Resources has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Group Eleven Resources' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Group Eleven Resources ranks #1337 out of 1502 companies for Cyclically Adjusted PB Ratio. This places Group Eleven Resources in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.55. Group Eleven Resources' value of 8.60 is 456.6% 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 1.55, based on 1,502 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. Group Eleven Resources's current Cyclically Adjusted PB Ratio of 8.60 is 456.6% 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 Group Eleven Resources and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Group Eleven Resources's current Cyclically Adjusted PB Ratio is 8.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Group Eleven Resources stock overvalued right now?
Group Eleven Resources (TSXV:ZNG) has a current Cyclically Adjusted PB Ratio of 8.60. The current Cyclically Adjusted PB Ratio is 8.60 and 456.6% above the Metals & Mining industry median of 1.55. Group Eleven Resources' overall GF Score™ is 37/100 with 1 warning sign 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 Group Eleven Resources (TSXV:ZNG), the current Cyclically Adjusted PB Ratio is 8.60 as of Sep. 10, 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.

Group Eleven Resources Business Description

Other Exchanges GRLVF:USA3GE:Germany
Address 22 Northumberland Road, Ballsbridge, Dublin, IRL, V6C 3E8
Group Eleven Resources Corp is a Canada-based mining company. The company is a mineral exploration company focused on stage zinc exploration in the Republic of Ireland. The company is engaged in the business of exploration and evaluation of mineral properties. The company's project consists of Ballinalack, PG West, Stonepark and others.
37GF Score

Get the complete analysis for TSXV:ZNG

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

C$0.86
Price