CVVRF (Vertical Exploration) Cyclically Adjusted PB Ratio: (As of Jul. 30, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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 Vertical Exploration Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vertical Exploration  (OTCPK:CVVRF) 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.


Vertical Exploration Cyclically Adjusted PB Ratio Related Terms


Vertical Exploration Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vertical Exploration'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.

Vertical Exploration Cyclically Adjusted PB Ratio Chart

Vertical Exploration Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.12 2.11 6.44 6.97 2.29

Vertical Exploration Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 9.22 6.24 4.52 2.29 2.12

Vertical Exploration Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Vertical Exploration'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.


Vertical Exploration Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Vertical Exploration 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.

Vertical Exploration's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, Vertical Exploration's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0.024/134.0005*134.0005
=0.024

Current CPI (May. 2026) = 134.0005.

Vertical Exploration Quarterly Data

Book Value per Share CPI Adj_Book
201608 -0.054 101.686 -0.071
201611 -0.055 101.607 -0.073
201702 -0.058 102.476 -0.076
201705 -0.057 103.108 -0.074
201708 -0.057 103.108 -0.074
201711 0.007 103.740 0.009
201802 0.010 104.688 0.013
201805 0.011 105.399 0.014
201808 0.010 106.031 0.013
201811 0.013 105.478 0.017
201902 0.019 106.268 0.024
201905 0.017 107.927 0.021
201908 0.018 108.085 0.022
201911 0.017 107.769 0.021
202002 0.017 108.559 0.021
202005 0.015 107.532 0.019
202008 0.017 108.243 0.021
202011 0.017 108.796 0.021
202102 0.018 109.745 0.022
202105 0.019 111.404 0.023
202108 0.017 112.668 0.020
202111 0.025 113.932 0.029
202202 0.035 115.986 0.040
202205 0.033 120.016 0.037
202208 0.033 120.569 0.037
202211 0.031 121.675 0.034
202302 0.030 122.070 0.033
202305 0.029 124.045 0.031
202308 0.029 125.389 0.031
202311 0.028 125.468 0.030
202402 0.027 125.468 0.029
202405 0.027 127.601 0.028
202408 0.026 127.838 0.027
202411 0.025 127.838 0.026
202502 0.024 128.786 0.025
202505 0.025 129.813 0.026
202508 0.024 130.208 0.025
202511 0.023 130.682 0.024
202602 0.024 131.077 0.025
202605 0.024 134.001 0.024

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.


Vertical Exploration Business Description

Other Exchanges VERT:Canada
Address 789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2
Vertical Exploration Inc is a junior mining company. It is engaged in the acquisition, exploration development, and evaluation of mineral properties in Canada. It has one project, namely St. Onge Wollastonite, located in Quebec, Canada.