Fuse Battery Metals (TSXV:FUSE) Cyclically Adjusted Book per Share: C$0.88 (As of Dec. 2025)

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 Fuse Battery Metals Cyclically Adjusted Book per Share?

Fuse Battery Metals TSXV:FUSE Cyclically Adjusted Book per Share is C$0.88 as of Dec. 2025. The stock has 1 warning sign 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.

Fuse Battery Metals's adjusted book value per share for the three months ended in Dec. 2025 was C$-0.004. 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$0.88 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Fuse Battery Metals's average Cyclically Adjusted Book Growth Rate was -4.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -35.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -48.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -40.80% 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 Fuse Battery Metals was -8.30% per year. The lowest was -56.00% per year. And the median was -26.70% per year.

As of today (2026-08-06), Fuse Battery Metals's current stock price is C$0.045. Fuse Battery Metals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was C$0.88. Fuse Battery Metals's Cyclically Adjusted PB Ratio of today is 0.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fuse Battery Metals was 0.13. The lowest was 0.01. And the median was 0.05.


Fuse Battery Metals  (TSXV:FUSE) 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.

Fuse Battery Metals's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.045/0.88
=0.05

* 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 Fuse Battery Metals was 0.13. The lowest was 0.01. And the median was 0.05.


Be Aware

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


Fuse Battery Metals Cyclically Adjusted Book per Share Related Terms


Fuse Battery Metals Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Fuse Battery Metals'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.

Fuse Battery Metals Cyclically Adjusted Book per Share Chart

Fuse Battery Metals 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 10.79 3.25 2.20 0.92 0.88

Fuse Battery 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 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 0.92 0.89 0.87 0.87 0.88

Fuse Battery Metals Cyclically Adjusted Book per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Fuse Battery 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.


Fuse Battery Metals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Fuse Battery Metals 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, Fuse Battery 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)
=-0.004/130.3661*130.3661
=-0.004

Current CPI (Dec. 2025) = 130.3661.

Fuse Battery Metals Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.940 101.054 1.213
201606 0.757 102.002 0.968
201609 1.814 101.765 2.324
201612 1.569 101.449 2.016
201703 1.830 102.634 2.324
201706 2.159 103.029 2.732
201709 2.219 103.345 2.799
201712 1.536 103.345 1.938
201803 3.135 105.004 3.892
201806 1.563 105.557 1.930
201809 2.884 105.636 3.559
201812 1.117 105.399 1.382
201903 0.815 106.979 0.993
201906 0.798 107.690 0.966
201909 0.788 107.611 0.955
201912 0.612 107.769 0.740
202003 0.362 107.927 0.437
202006 0.284 108.401 0.342
202009 0.246 108.164 0.296
202012 0.240 108.559 0.288
202103 0.213 110.298 0.252
202106 0.210 111.720 0.245
202109 0.203 112.905 0.234
202112 0.198 113.774 0.227
202203 0.199 117.646 0.221
202206 0.192 120.806 0.207
202209 0.169 120.648 0.183
202212 0.170 120.964 0.183
202303 0.166 122.702 0.176
202306 0.161 124.203 0.169
202309 0.157 125.230 0.163
202312 0.152 125.072 0.158
202403 0.148 126.258 0.153
202406 0.144 127.522 0.147
202409 0.140 127.285 0.143
202412 0.025 127.364 0.026
202503 0.021 129.181 0.021
202506 0.017 129.892 0.017
202509 0.017 130.287 0.017
202512 -0.004 130.366 -0.004

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$0.88 mean?
Fuse Battery Metals (TSXV:FUSE) has a Cyclically Adjusted Book per Share of C$0.88 as of Dec. 2025. 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 Fuse Battery Metals and its competitors.
Is Fuse Battery Metals' Cyclically Adjusted Book per Share too high?
Fuse Battery Metals' current Cyclically Adjusted Book per Share is C$0.88.
How does Fuse Battery Metals' Cyclically Adjusted Book per Share compare to competitors?
Fuse Battery Metals' Cyclically Adjusted Book per Share of C$0.88 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 Fuse Battery Metals and its competitors. Fuse Battery Metals's current Cyclically Adjusted Book per Share is C$0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuse Battery Metals stock overvalued right now?
Fuse Battery Metals (TSXV:FUSE) has a current Cyclically Adjusted Book per Share of C$0.88. The current Cyclically Adjusted Book per Share is C$0.88. 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 Fuse Battery Metals (TSXV:FUSE), the current Cyclically Adjusted Book per Share is C$0.88 as of Dec. 2025. 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.

Fuse Battery Metals Business Description

Address 3028 Quadra Court, Coquitlam, BC, CAN, V3B 5X6
Fuse Battery Metals Inc is a Canada-based company engaged in the exploration and development of exploration and evaluation properties. The company currently holds interests in exploration and evaluation properties in the province of Ontario, Canada, and the state of Nevada, USA. Its projects include the Glencore Bucke Cobalt property, Teledyne Cobalt property, Lithium Springs Property, and Monitor Valley North Property.