ELBM (Electra Battery Materials) Cyclically Adjusted PB Ratio: 0.04 (As of Aug. 03, 2026)

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ELBM Electra Battery Materials Corp ELBM
32 GF Score
Price $0.51
! 4 Warning Signs
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What is Electra Battery Materials Cyclically Adjusted PB Ratio?

Electra Battery Materials ELBM +1.56% 32 Cyclically Adjusted PB Ratio is 0.04 as of Aug. 03, 2026. GuruFocus rates ELBM with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 1,535 Metals & Mining companies, Electra Battery Materials ranks better than 97.72% on this metric.

As of today (2026-08-03), Electra Battery Materials's current share price is $0.514. Electra Battery Materials's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $13.73. Electra Battery Materials's Cyclically Adjusted PB Ratio for today is 0.04.

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

ELBM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.04
Current: 0.04

During the past years, Electra Battery Materials's highest Cyclically Adjusted PB Ratio was 0.04. The lowest was 0.00. And the median was 0.00.

ELBM's Cyclically Adjusted PB Ratio is ranked better than
97.72% of 1535 companies
in the Metals & Mining industry
Industry Median: 1.4 vs ELBM: 0.04

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.

Electra Battery Materials's adjusted book value per share data for the three months ended in Mar. 2026 was $0.585. 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 $13.73 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Electra Battery Materials  (NAS:ELBM) 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.


Electra Battery Materials Cyclically Adjusted PB Ratio Related Terms


Electra Battery Materials Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Electra Battery Materials'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.

Electra Battery Materials Cyclically Adjusted PB Ratio Chart

Electra Battery Materials Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.39 0.09 0.14 0.06

Electra Battery Materials 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 0.08 0.08 0.09 0.06 0.04

Electra Battery Materials Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Electra Battery Materials'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.


Electra Battery Materials Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


ELBM
32GF Score
Electra Battery Materials Corp ELBM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Electra Battery Materials 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.

Electra Battery Materials's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.514/13.73
=0.04

* 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.

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

For example, Electra Battery Materials'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)
=0.585/132.2623*132.2623
=0.585

Current CPI (Mar. 2026) = 132.2623.

Electra Battery Materials Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.045 102.002 0.058
201609 1.575 101.765 2.047
201612 1.673 101.449 2.181
201703 9.610 102.634 12.384
201706 10.208 103.029 13.104
201709 9.021 103.345 11.545
201712 35.267 103.345 45.135
201803 34.019 105.004 42.850
201806 36.079 105.557 45.207
201809 35.107 105.636 43.956
201812 31.327 105.399 39.311
201903 30.559 106.979 37.781
201906 28.955 107.690 35.562
201909 28.878 107.611 35.493
201912 13.011 107.769 15.968
202003 14.896 107.927 18.255
202006 13.593 108.401 16.585
202009 11.848 108.164 14.488
202012 12.655 108.559 15.418
202103 12.788 110.298 15.335
202106 12.883 111.720 15.252
202109 11.376 112.905 13.326
202112 10.085 113.774 11.724
202203 10.535 117.646 11.844
202206 11.405 120.806 12.487
202209 10.293 120.648 11.284
202212 10.587 120.964 11.576
202303 8.785 122.702 9.469
202306 10.065 124.203 10.718
202309 6.943 125.230 7.333
202312 4.447 125.072 4.703
202403 3.847 126.258 4.030
202406 3.573 127.522 3.706
202409 3.371 127.285 3.503
202412 3.048 127.364 3.165
202503 2.526 129.181 2.586
202506 2.081 129.892 2.119
202509 1.933 130.287 1.962
202512 0.339 130.366 0.344
202603 0.585 132.262 0.585

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 0.04 mean?
Electra Battery Materials (ELBM) has a Cyclically Adjusted PB Ratio of 0.04 as of Aug. 03, 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 Electra Battery Materials and its competitors. According to the industry distribution chart, Electra Battery Materials ranks #35 out of 1535 companies in the Metals & Mining industry, placing it in the top 2.3%.
Is Electra Battery Materials' Cyclically Adjusted PB Ratio too high?
Electra Battery Materials' current Cyclically Adjusted PB Ratio is 0.04. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. Electra Battery Materials' value of 0.04 is 97.1% below this industry median. Based on the distribution chart, Electra Battery Materials ranks #35 out of 1535 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Electra Battery Materials has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Electra Battery Materials' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Electra Battery Materials ranks #35 out of 1535 companies for Cyclically Adjusted PB Ratio. This places Electra Battery Materials in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.40. Electra Battery Materials' value of 0.04 is 97.1% below 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. Electra Battery Materials's current Cyclically Adjusted PB Ratio of 0.04 is 97.1% below 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 Electra Battery Materials 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. Electra Battery Materials's current Cyclically Adjusted PB Ratio is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electra Battery Materials stock overvalued right now?
Electra Battery Materials (ELBM) has a current Cyclically Adjusted PB Ratio of 0.04. The current Cyclically Adjusted PB Ratio is 0.04 and 97.1% below the Metals & Mining industry median of 1.40. Electra Battery Materials' overall GF Score™ is 32/100 with 4 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 Electra Battery Materials (ELBM), the current Cyclically Adjusted PB Ratio is 0.04 as of Aug. 03, 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.

Electra Battery Materials Business Description

Address 133 Richmond Street West, Suite 602, Toronto, ON, CAN, M5H 2L3
Electra Battery Materials Corp is building North America's fully integrated, localized, and environmentally sustainable battery materials park. Electra Battery Materials is an integral part of the North American battery supply chain, providing low-carbon, sustainable, and traceable raw materials for the region's fast growing electric vehicle industry. The Company's operating segments are Refinery, Exploration and Evaluation, Corporate and Other.
32GF 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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