Northwest Copper (TSXV:NWST) Cyclically Adjusted Book per Share: C$0.47 (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.

TSXV:NWST Northwest Copper Corp TSXV:NWST
24 GF Score
Price C$0.24
! 3 Warning Signs
View Full Analysis

What is Northwest Copper Cyclically Adjusted Book per Share?

Northwest Copper TSXV:NWST +6.67% 24 Cyclically Adjusted Book per Share is C$0.47 as of Dec. 2025. GuruFocus rates TSXV:NWST with a GF Score™ of 24/100. The stock has 3 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.

Northwest Copper's adjusted book value per share for the three months ended in Dec. 2025 was C$0.002. 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$0.47 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Northwest Copper's average Cyclically Adjusted Book Growth Rate was -11.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -9.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -8.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -6.40% 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 Northwest Copper was 17.40% per year. The lowest was -9.80% per year. And the median was -5.10% per year.

As of today (2026-07-22), Northwest Copper's current stock price is C$0.24. Northwest Copper's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was C$0.47. Northwest Copper's Cyclically Adjusted PB Ratio of today is 0.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Northwest Copper was 0.48. The lowest was 0.00. And the median was 0.00.


Northwest Copper  (TSXV:NWST) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.24/0.47
=0.51

* 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 Northwest Copper was 0.48. 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.


Northwest Copper Cyclically Adjusted Book per Share Related Terms


Northwest Copper Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Northwest Copper'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.

Northwest Copper Cyclically Adjusted Book per Share Chart

Northwest Copper Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.64 0.59 0.53 0.47

Northwest Copper Quarterly Data
Nov20 Feb21 Jun21 Sep21 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 0.53 0.52 0.51 0.49 0.47

Northwest Copper Cyclically Adjusted Book per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Northwest Copper'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.


Northwest Copper Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:NWST
24GF Score
Northwest Copper Corp TSXV:NWST
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northwest Copper 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, Northwest Copper'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)
=0.002/130.3661*130.3661
=0.002

Current CPI (Dec. 2025) = 130.3661.

Northwest Copper Quarterly Data

Book Value per Share CPI Adj_Book
201511 0.594 100.421 0.771
201602 0.592 100.421 0.769
201605 0.589 101.765 0.755
201608 0.545 101.686 0.699
201611 0.532 101.607 0.683
201702 0.525 102.476 0.668
201705 0.493 103.108 0.623
201708 0.460 103.108 0.582
201711 0.411 103.740 0.516
201802 0.392 104.688 0.488
201805 0.383 105.399 0.474
201808 0.377 106.031 0.464
201811 0.369 105.478 0.456
201902 0.389 106.268 0.477
201905 0.394 107.927 0.476
201908 0.391 108.085 0.472
201911 0.387 107.769 0.468
202002 0.230 108.559 0.276
202005 0.330 107.532 0.400
202008 0.326 108.243 0.393
202011 0.325 108.796 0.389
202102 0.195 109.745 0.232
202106 0.704 111.720 0.821
202109 0.710 112.905 0.820
202203 0.571 117.646 0.633
202206 0.537 120.806 0.579
202209 0.478 120.648 0.517
202212 0.459 120.964 0.495
202303 0.422 122.702 0.448
202306 0.413 124.203 0.433
202309 0.402 125.230 0.418
202312 0.005 125.072 0.005
202403 0.352 126.258 0.363
202406 0.348 127.522 0.356
202409 0.341 127.285 0.349
202412 0.004 127.364 0.004
202503 0.334 129.181 0.337
202506 0.331 129.892 0.332
202509 0.311 130.287 0.311
202512 0.002 130.366 0.002

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$0.47 mean?
Northwest Copper (TSXV:NWST) has a Cyclically Adjusted Book per Share of C$0.47 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 Northwest Copper and its competitors.
Is Northwest Copper's Cyclically Adjusted Book per Share too high?
Northwest Copper's current Cyclically Adjusted Book per Share is C$0.47. Overall, Northwest Copper has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Northwest Copper's Cyclically Adjusted Book per Share compare to competitors?
Northwest Copper's Cyclically Adjusted Book per Share of C$0.47 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 Northwest Copper and its competitors. Northwest Copper's current Cyclically Adjusted Book per Share is C$0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northwest Copper stock overvalued right now?
Northwest Copper (TSXV:NWST) has a current Cyclically Adjusted Book per Share of C$0.47. The current Cyclically Adjusted Book per Share is C$0.47. Northwest Copper's overall GF Score™ is 24/100 with 3 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 Northwest Copper (TSXV:NWST), the current Cyclically Adjusted Book per Share is C$0.47 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.

Northwest Copper Business Description

Other Exchanges NWCCF:USA34S0:Germany
Address 100 King Street West, Suite 5600, Toronto, ON, CAN, M5X 1C9
Northwest Copper Corp is engaged in the acquisition and exploration of mineral properties in Canada. It is a copper-gold explorer with a pipeline of various projects in different stages located in British Columbia. The company's project portfolio comprises the East Niv, Kwanika-Stardust, Lorraine, Top Cat, and the Milligan West properties. It also holds ownership interests in several other properties located in British Columbia, including the Arjay, Tchentlo, UDS, and Croy-Bloom properties.
24GF Score

Get the complete analysis for TSXV:NWST

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

C$0.24
Price