Copper Road Resources (TSXV:CRD) Cyclically Adjusted Book per Share: C$0.04 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Copper Road Resources Cyclically Adjusted Book per Share?

Copper Road Resources TSXV:CRD Cyclically Adjusted Book per Share is C$0.04 as of Mar. 2026. The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Copper Road Resources's adjusted book value per share for the three months ended in Mar. 2026 was C$0.035. 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$0.04 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Copper Road Resources's average Cyclically Adjusted Book Growth Rate was -33.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -14.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Copper Road Resources was -5.00% per year. The lowest was -51.80% per year. And the median was -23.20% per year.

As of today (2026-07-25), Copper Road Resources's current stock price is C$0.06. Copper Road Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.04. Copper Road Resources's Cyclically Adjusted PB Ratio of today is 1.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Copper Road Resources was 1.49. The lowest was 0.00. And the median was 0.00.


Copper Road Resources  (TSXV:CRD) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Copper Road Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.06/0.04
=1.50

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Copper Road Resources was 1.49. The lowest was 0.00. And the median was 0.00.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Copper Road Resources Cyclically Adjusted Book per Share Related Terms


Copper Road Resources Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Copper Road Resources's Cyclically Adjusted Book per Share 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.

Copper Road Resources Cyclically Adjusted Book per Share Chart

Copper Road Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.05 0.05 0.06 0.04

Copper Road Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 0.05 0.05 0.04 0.04 0.04

Copper Road Resources Cyclically Adjusted Book per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Copper Road 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.


Copper Road Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Copper Road Resources Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Copper Road Resources'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)
=0.035/132.2623*132.2623
=0.035

Current CPI (Mar. 2026) = 132.2623.

Copper Road Resources Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.123 102.002 0.159
201609 0.122 101.765 0.159
201612 0.115 101.449 0.150
201703 0.092 102.634 0.119
201706 0.090 103.029 0.116
201709 0.087 103.345 0.111
201712 0.069 103.345 0.088
201803 0.030 105.004 0.038
201806 0.023 105.557 0.029
201809 0.015 105.636 0.019
201812 0.006 105.399 0.008
201903 0.005 106.979 0.006
201906 0.003 107.690 0.004
201909 0.000 107.611 0.000
201912 0.000 107.769 0.000
202003 -0.002 107.927 -0.002
202006 -0.007 108.401 -0.009
202009 0.026 108.164 0.032
202012 0.035 108.559 0.043
202103 0.029 110.298 0.035
202106 0.024 111.720 0.028
202109 0.022 112.905 0.026
202112 0.036 113.774 0.042
202203 0.031 117.646 0.035
202206 0.012 120.806 0.013
202209 0.007 120.648 0.008
202212 0.002 120.964 0.002
202303 0.005 122.702 0.005
202306 0.001 124.203 0.001
202309 0.000 125.230 0.000
202312 -0.002 125.072 -0.002
202403 -0.005 126.258 -0.005
202406 0.023 127.522 0.024
202409 0.023 127.285 0.024
202412 0.008 127.364 0.008
202503 0.007 129.181 0.007
202506 0.013 129.892 0.013
202509 0.072 130.287 0.073
202512 0.047 130.366 0.048
202603 0.035 132.262 0.035

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of C$0.04 mean?
Copper Road Resources (TSXV:CRD) has a Cyclically Adjusted Book per Share of C$0.04 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Copper Road Resources and its competitors.
Is Copper Road Resources' Cyclically Adjusted Book per Share too high?
Copper Road Resources' current Cyclically Adjusted Book per Share is C$0.04.
How does Copper Road Resources' Cyclically Adjusted Book per Share compare to competitors?
Copper Road Resources' Cyclically Adjusted Book per Share of C$0.04 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Metals & Mining company?
A good Cyclically Adjusted Book per Share depends on the Metals & Mining industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Copper Road Resources and its competitors. Copper Road Resources's current Cyclically Adjusted Book per Share is C$0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Copper Road Resources stock overvalued right now?
Copper Road Resources (TSXV:CRD) has a current Cyclically Adjusted Book per Share of C$0.04. The current Cyclically Adjusted Book per Share is C$0.04. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Copper Road Resources (TSXV:CRD), the current Cyclically Adjusted Book per Share is C$0.04 as of Mar. 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.

Copper Road Resources Business Description

Other Exchanges STGDF:USA
Address 82 Richmond Street East, Toronto, ON, CAN, M5C 1P1
Copper Road Resources Inc engaged in the acquisition, exploration and evaluation of properties for the mining of precious and base metals. The Company has one operating segment.