ENRT (Enertopia) Cyclically Adjusted PB Ratio: 4.20 (As of Jul. 09, 2026) — 1173% Above Median


What is Enertopia Cyclically Adjusted PB Ratio?

Enertopia ENRT Cyclically Adjusted PB Ratio is 4.20 as of Jul. 09, 2026, which is 1173% above its 10-year median of 0.33. The stock has 1 warning sign investors should review. Among 1,546 Metals & Mining companies, Enertopia ranks worse than 61.45% on this metric.

As of today (2026-07-09), Enertopia's current share price is $0.0839. Enertopia's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was $0.02. Enertopia's Cyclically Adjusted PB Ratio for today is 4.20.

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

ENRT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.33   Max: 2.82
Current: 2.42

During the past years, Enertopia's highest Cyclically Adjusted PB Ratio was 2.82. The lowest was 0.02. And the median was 0.33.

ENRT's Cyclically Adjusted PB Ratio is ranked worse than
61.45% of 1546 companies
in the Metals & Mining industry
Industry Median: 1.52 vs ENRT: 2.42

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.

Enertopia's adjusted book value per share data for the three months ended in Feb. 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 $0.02 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enertopia  (OTCPK:ENRT) 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.


Enertopia Cyclically Adjusted PB Ratio Related Terms


Enertopia Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Enertopia'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.

Enertopia Cyclically Adjusted PB Ratio Chart

Enertopia Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.16 10.75 3.41 5.07 17.65

Enertopia Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 2.02 5.51 17.65 5.58 2.94

ENRT vs NRHI, LBRMF, GTIJF: Cyclically Adjusted PB Ratio Comparison

For the Other Industrial Metals & Mining subindustry, Enertopia'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.


Enertopia Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Enertopia 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.

Enertopia's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0839/0.02
=4.20

* 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.

Enertopia's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=0.012/131.0772*131.0772
=0.012

Current CPI (Feb. 2026) = 131.0772.

Enertopia Quarterly Data

Book Value per Share CPI Adj_Book
201605 -0.040 101.765 -0.052
201608 -0.030 101.686 -0.039
201611 -0.034 101.607 -0.044
201702 -0.022 102.476 -0.028
201705 -0.021 103.108 -0.027
201708 -0.047 103.108 -0.060
201711 -0.057 103.740 -0.072
201802 -0.050 104.688 -0.063
201805 -0.035 105.399 -0.044
201808 -0.030 106.031 -0.037
201811 -0.037 105.478 -0.046
201902 -0.071 106.268 -0.088
201905 -0.063 107.927 -0.077
201908 -0.072 108.085 -0.087
201911 -0.077 107.769 -0.094
202002 -0.052 108.559 -0.063
202005 -0.056 107.532 -0.068
202008 -0.061 108.243 -0.074
202011 -0.024 108.796 -0.029
202102 0.022 109.745 0.026
202105 0.012 111.404 0.014
202108 -0.001 112.668 -0.001
202111 0.005 113.932 0.006
202202 -0.010 115.986 -0.011
202205 0.458 120.016 0.500
202208 0.368 120.569 0.400
202211 0.311 121.675 0.335
202302 0.349 122.070 0.375
202305 0.202 124.045 0.213
202308 0.132 125.389 0.138
202311 0.080 125.468 0.084
202402 0.061 125.468 0.064
202405 0.023 127.601 0.024
202408 0.004 127.838 0.004
202411 -0.007 127.838 -0.007
202502 -0.022 128.786 -0.022
202505 -0.026 129.813 -0.026
202508 -0.019 130.208 -0.019
202511 -0.026 130.682 -0.026
202602 0.012 131.077 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 4.20 mean?
Enertopia (ENRT) has a Cyclically Adjusted PB Ratio of 4.20 as of Jul. 09, 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 Enertopia and its competitors. This is 1173% above median its historical median of 0.33. Over the past decade, Enertopia's Cyclically Adjusted PB Ratio has ranged from 0.02 to 2.82. According to the industry distribution chart, Enertopia ranks #950 out of 1546 companies in the Metals & Mining industry, placing it in the top 61.4%.
Is Enertopia's Cyclically Adjusted PB Ratio too high?
Enertopia's current Cyclically Adjusted PB Ratio of 4.20 is 1173% above median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 2.82. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.52. Enertopia's value of 4.20 is 176.3% above this industry median. Based on the distribution chart, Enertopia ranks #950 out of 1546 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Enertopia's Cyclically Adjusted PB Ratio compare to NRHI and LBRMF?
According to the Metals & Mining industry distribution chart, Enertopia ranks #950 out of 1546 companies for Cyclically Adjusted PB Ratio. This places Enertopia in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. Enertopia's value of 4.20 is 176.3% above this benchmark. Historically, Enertopia's own Cyclically Adjusted PB Ratio has ranged from 0.02 to 2.82 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 1.52, Enertopia has consistently been above the industry average. 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 1.52, based on 1,546 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. Enertopia's current Cyclically Adjusted PB Ratio of 4.20 is 176.3% 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 Enertopia and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enertopia's current Cyclically Adjusted PB Ratio is 4.20, which is 1173% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enertopia stock overvalued right now?
Enertopia (ENRT) has a current Cyclically Adjusted PB Ratio of 4.20. The current Cyclically Adjusted PB Ratio is 4.20, which is 1173% above median its 10-year median of 0.33 and 176.3% above the Metals & Mining industry median of 1.52. 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 Enertopia (ENRT), the current Cyclically Adjusted PB Ratio is 4.20 as of Jul. 09, 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.

Enertopia Business Description

Other Exchanges ENRT:Canada
Address 740 McCurdy Road, Suite 100, Kelowna, BC, CAN, V1X 2P7
Enertopia Corp is engaged in the acquisition, development, and exploration of natural resource properties. The company is exploring the West Tonopah Lithium Project (West Tonopah) in the Smoky Valley, Nevada, and holds intellectual property and patents in the green technology space. The company has three reportable segments: Natural Resources, Technology, and Corporate.