BELMF (Belmont Resources) Cyclically Adjusted PB Ratio: (As of Jul. 21, 2026)

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What is Belmont Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Belmont Resources  (OTCPK:BELMF) 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.


Belmont Resources Cyclically Adjusted PB Ratio Related Terms


Belmont Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Belmont 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.

Belmont Resources Cyclically Adjusted PB Ratio Chart

Belmont Resources Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.24 0.31 0.42 0.73

Belmont Resources Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.53 0.73 0.66 0.73 0.54

Belmont Resources Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Belmont 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.


Belmont Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Belmont 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.

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

For example, Belmont Resources's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.016/132.7364*132.7364
=0.016

Current CPI (Apr. 2026) = 132.7364.

Belmont Resources Quarterly Data

Book Value per Share CPI Adj_Book
201607 0.047 101.844 0.061
201610 0.030 102.002 0.039
201701 0.006 102.318 0.008
201704 0.041 103.029 0.053
201707 0.042 103.029 0.054
201710 0.037 103.424 0.047
201801 0.049 104.056 0.063
201804 0.063 105.320 0.079
201807 0.086 106.110 0.108
201810 0.076 105.952 0.095
201901 0.071 105.557 0.089
201904 0.072 107.453 0.089
201907 0.059 108.243 0.072
201910 0.054 107.927 0.066
202001 0.043 108.085 0.053
202004 0.031 107.216 0.038
202007 0.031 108.401 0.038
202010 0.034 108.638 0.042
202101 0.035 109.192 0.043
202104 0.037 110.851 0.044
202107 0.034 112.431 0.040
202110 0.035 113.695 0.041
202201 0.034 114.801 0.039
202204 0.037 118.357 0.041
202207 0.033 120.964 0.036
202210 0.029 121.517 0.032
202301 0.027 121.596 0.029
202304 0.026 123.571 0.028
202307 0.025 124.914 0.027
202310 0.023 125.310 0.024
202401 0.021 125.072 0.022
202404 0.021 126.890 0.022
202407 0.020 128.075 0.021
202410 0.020 127.838 0.021
202501 0.016 127.443 0.017
202504 0.016 129.102 0.016
202507 0.018 130.290 0.018
202510 0.017 130.603 0.017
202601 0.016 130.366 0.016
202604 0.016 132.736 0.016

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.


Belmont Resources Business Description

Other Exchanges BEA:Canada
Address 1100 Melville Street, Suite 1150, Vancouver, BC, CAN, V6E 4A6
Belmont Resources Inc is a Canadian resources company that is engaged in the acquisition, exploration, and development of mineral resource properties in Canada and the United States. The company also holds interests in projects, which are Kibby Basin property, Pathfinder, Athelstan Jackpot, CBC Copper, Lone Star Copper, the Crackingstone Uranium project, and other projects.