Oceanic Iron Ore (TSXV:FEO) Cyclically Adjusted Book per Share: C$0.57 (As of Jun. 2026)

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TSXV:FEO Oceanic Iron Ore Corp TSXV:FEO
35 GF Score
Price C$0.78
! 2 Warning Signs
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What is Oceanic Iron Ore Cyclically Adjusted Book per Share?

Oceanic Iron Ore TSXV:FEO 35 Cyclically Adjusted Book per Share is C$0.57 as of Jun. 2026. GuruFocus rates TSXV:FEO with a GF Score™ of 35/100. 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.

Oceanic Iron Ore's adjusted book value per share for the three months ended in Jun. 2026 was C$0.362. 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$0.57 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Oceanic Iron Ore's average Cyclically Adjusted Book Growth Rate was -14.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -18.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -16.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -9.50% 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.

As of today (2026-09-17), Oceanic Iron Ore's current stock price is C$0.78. Oceanic Iron Ore's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was C$0.57. Oceanic Iron Ore's Cyclically Adjusted PB Ratio of today is 1.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Oceanic Iron Ore was 1.50. The lowest was 0.00. And the median was 0.00.


Oceanic Iron Ore  (TSXV:FEO) 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.

Oceanic Iron Ore's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.78/0.573
=1.36

* 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 Oceanic Iron Ore was 1.50. 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.


Oceanic Iron Ore Cyclically Adjusted Book per Share Related Terms


Oceanic Iron Ore Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Oceanic Iron Ore'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.

Oceanic Iron Ore Cyclically Adjusted Book per Share Chart

Oceanic Iron Ore Annual Data
Trend Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Oceanic Iron Ore Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.70 0.70 0.56 0.57 0.57

Oceanic Iron Ore Cyclically Adjusted Book per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Oceanic Iron Ore'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.


Oceanic Iron Ore Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Oceanic Iron Ore's Cyclically Adjusted PB Ratio falls into.


TSXV:FEO
35GF Score
Oceanic Iron Ore Corp TSXV:FEO
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oceanic Iron Ore 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, Oceanic Iron Ore'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)
=0.362/133.5265*133.5265
=0.362

Current CPI (Jun. 2026) = 133.5265.

Oceanic Iron Ore Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.935 99.947 1.249
201603 0.928 101.054 1.226
201606 0.922 102.002 1.207
201609 0.841 101.765 1.103
201612 0.798 101.449 1.050
201703 0.787 102.634 1.024
201706 0.779 103.029 1.010
201709 0.774 103.345 1.000
201712 0.612 103.345 0.791
201803 0.595 105.004 0.757
201903 0.564 106.979 0.704
201906 0.551 107.690 0.683
201909 0.550 107.611 0.682
201912 0.443 107.769 0.549
202003 0.438 107.927 0.542
202006 0.430 108.401 0.530
202009 0.422 108.164 0.521
202012 0.394 108.559 0.485
202103 0.385 110.298 0.466
202106 0.388 111.720 0.464
202109 0.397 112.905 0.470
202112 0.414 113.774 0.486
202203 0.401 117.646 0.455
202206 0.408 120.806 0.451
202209 0.400 120.648 0.443
202212 0.393 120.964 0.434
202303 0.373 122.702 0.406
202306 0.376 124.203 0.404
202309 0.385 125.230 0.411
202312 0.374 125.072 0.399
202403 0.365 126.258 0.386
202406 0.340 127.522 0.356
202409 0.307 127.285 0.322
202412 0.316 127.364 0.331
202503 0.258 129.181 0.267
202506 0.192 129.892 0.197
202509 -0.083 130.287 -0.085
202512 0.036 130.366 0.037
202603 0.363 132.262 0.366
202606 0.362 133.527 0.362

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$0.57 mean?
Oceanic Iron Ore (TSXV:FEO) has a Cyclically Adjusted Book per Share of C$0.57 as of Jun. 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 Oceanic Iron Ore and its competitors.
Is Oceanic Iron Ore's Cyclically Adjusted Book per Share too high?
Oceanic Iron Ore's current Cyclically Adjusted Book per Share is C$0.57. Overall, Oceanic Iron Ore has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Oceanic Iron Ore's Cyclically Adjusted Book per Share compare to competitors?
Oceanic Iron Ore's Cyclically Adjusted Book per Share of C$0.57 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 Oceanic Iron Ore and its competitors. Oceanic Iron Ore's current Cyclically Adjusted Book per Share is C$0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oceanic Iron Ore stock overvalued right now?
Oceanic Iron Ore (TSXV:FEO) has a current Cyclically Adjusted Book per Share of C$0.57. The current Cyclically Adjusted Book per Share is C$0.57. Oceanic Iron Ore's overall GF Score™ is 35/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Oceanic Iron Ore (TSXV:FEO), the current Cyclically Adjusted Book per Share is C$0.57 as of Jun. 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.

Oceanic Iron Ore Business Description

Other Exchanges FEOVF:USA
Address 595 Burrard Street, Suite 3083, Three Bentall Centre, Vancouver, BC, CAN, V7X 1L3
Oceanic Iron Ore Corp is an exploration-stage company. It is engaged in the acquisition and exploration of iron ore properties in Quebec, Canada. The company focuses on the operations of the Ungava Bay iron property in Nunavik, Quebec which consists of three project areas: Hopes Advance, Morgan Lake, and Roberts Lake. The Company operates as a single reportable segment, being the exploration of the Property.
35GF Score

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

C$0.78
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