BKIRF (Black Iron) Cyclically Adjusted PB Ratio: 7.48 (As of Aug. 02, 2026)

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BKIRF Black Iron Inc BKIRF
26 GF Score
Price $0.07
! 3 Warning Signs
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What is Black Iron Cyclically Adjusted PB Ratio?

Black Iron BKIRF -5.85% 26 Cyclically Adjusted PB Ratio is 7.48 as of Aug. 02, 2026. GuruFocus rates BKIRF with a GF Score™ of 26/100. The stock has 3 warning signs investors should review. Among 1,535 Metals & Mining companies, Black Iron ranks worse than 91.99% on this metric.

As of today (2026-08-02), Black Iron's current share price is $0.07478. Black Iron's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.01. Black Iron's Cyclically Adjusted PB Ratio for today is 7.48.

The historical rank and industry rank for Black Iron's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKIRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 10.44
Current: 10.44

During the past years, Black Iron's highest Cyclically Adjusted PB Ratio was 10.44. The lowest was 0.00. And the median was 0.00.

BKIRF's Cyclically Adjusted PB Ratio is ranked worse than
91.99% of 1535 companies
in the Metals & Mining industry
Industry Median: 1.4 vs BKIRF: 10.44

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.

Black Iron's adjusted book value per share data for the three months ended in Mar. 2026 was $-0.012. 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 $0.01 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Black Iron  (OTCPK:BKIRF) 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.


Black Iron Cyclically Adjusted PB Ratio Related Terms


Black Iron Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Black Iron'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.

Black Iron Cyclically Adjusted PB Ratio Chart

Black Iron Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 0.73 0.83 2.89 10.54

Black Iron Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.05 4.14 7.46 10.54 9.97

Black Iron Cyclically Adjusted PB Ratio Competitor Comparison

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


Black Iron Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


BKIRF
26GF Score
Black Iron Inc BKIRF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Iron 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.

Black Iron's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.07478/0.01
=7.48

* 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.

Black Iron's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Black Iron'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)
=-0.012/132.2623*132.2623
=-0.012

Current CPI (Mar. 2026) = 132.2623.

Black Iron Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.054 102.002 0.070
201609 0.045 101.765 0.058
201612 0.032 101.449 0.042
201703 0.028 102.634 0.036
201706 0.031 103.029 0.040
201709 0.033 103.345 0.042
201712 0.024 103.345 0.031
201803 0.027 105.004 0.034
201806 0.012 105.557 0.015
201809 0.007 105.636 0.009
201812 0.002 105.399 0.003
201903 0.000 106.979 0.000
201906 -0.003 107.690 -0.004
201909 -0.007 107.611 -0.009
201912 -0.009 107.769 -0.011
202003 -0.009 107.927 -0.011
202006 -0.008 108.401 -0.010
202009 -0.005 108.164 -0.006
202012 -0.022 108.559 -0.027
202103 0.002 110.298 0.002
202106 0.002 111.720 0.002
202109 0.022 112.905 0.026
202112 0.015 113.774 0.017
202203 0.009 117.646 0.010
202206 0.007 120.806 0.008
202209 0.005 120.648 0.005
202212 0.004 120.964 0.004
202303 0.002 122.702 0.002
202306 0.002 124.203 0.002
202309 0.001 125.230 0.001
202312 -0.001 125.072 -0.001
202403 -0.001 126.258 -0.001
202406 -0.003 127.522 -0.003
202409 -0.004 127.285 -0.004
202412 -0.006 127.364 -0.006
202503 -0.007 129.181 -0.007
202506 -0.008 129.892 -0.008
202509 -0.009 130.287 -0.009
202512 -0.011 130.366 -0.011
202603 -0.012 132.262 -0.012

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.

What does a Cyclically Adjusted PB Ratio of 7.48 mean?
Black Iron (BKIRF) has a Cyclically Adjusted PB Ratio of 7.48 as of Aug. 02, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Black Iron and its competitors. According to the industry distribution chart, Black Iron ranks #1412 out of 1535 companies in the Metals & Mining industry, placing it in the top 92%.
Is Black Iron's Cyclically Adjusted PB Ratio too high?
Black Iron's current Cyclically Adjusted PB Ratio is 7.48. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. Black Iron's value of 7.48 is 434.3% above this industry median. Based on the distribution chart, Black Iron ranks #1412 out of 1535 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Black Iron has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Black Iron's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Black Iron ranks #1412 out of 1535 companies for Cyclically Adjusted PB Ratio. This places Black Iron in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.40. Black Iron's value of 7.48 is 434.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.40, based on 1,535 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Black Iron's current Cyclically Adjusted PB Ratio of 7.48 is 434.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Black Iron and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Iron's current Cyclically Adjusted PB Ratio is 7.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Iron stock overvalued right now?
Black Iron (BKIRF) has a current Cyclically Adjusted PB Ratio of 7.48. The current Cyclically Adjusted PB Ratio is 7.48 and 434.3% above the Metals & Mining industry median of 1.40. Black Iron's overall GF Score™ is 26/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Black Iron (BKIRF), the current Cyclically Adjusted PB Ratio is 7.48 as of Aug. 02, 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.

Black Iron Business Description

Address 198 Davenport Road, Toronto, ON, CAN, M5R 1J2
Black Iron Inc is engaged in the exploration and development of ferrous metals in Ukraine, namely the Shymanivske iron ore project located in Kryvyi Rih, Ukraine. The Shymanivske project is surrounded by five operating iron ore mines, including several owned by Metinvest and ArcelorMittal's iron ore complex.
26GF Score

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

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