Irving Resources (FRA:1IR) Cyclically Adjusted PB Ratio: 0.47 (As of Aug. 23, 2026)

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FRA:1IR Irving Resources Inc FRA:1IR
32 GF Score
Price €0.15
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What is Irving Resources Cyclically Adjusted PB Ratio?

Irving Resources FRA:1IR -5.16% 32 Cyclically Adjusted PB Ratio is 0.47 as of Aug. 23, 2026. GuruFocus rates FRA:1IR with a GF Score™ of 32/100. Among 1,516 Metals & Mining companies, Irving Resources ranks better than 73.42% on this metric.

As of today (2026-08-23), Irving Resources's current share price is €0.147. Irving Resources's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was €0.31. Irving Resources's Cyclically Adjusted PB Ratio for today is 0.47.

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

FRA:1IR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.46
Current: 0.46

During the past years, Irving Resources's highest Cyclically Adjusted PB Ratio was 0.46. The lowest was 0.00. And the median was 0.00.

FRA:1IR's Cyclically Adjusted PB Ratio is ranked better than
73.42% of 1516 companies
in the Metals & Mining industry
Industry Median: 1.51 vs FRA:1IR: 0.46

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.

Irving Resources's adjusted book value per share data for the three months ended in May. 2026 was €0.310. 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 €0.31 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Irving Resources  (FRA:1IR) 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.


Irving Resources Cyclically Adjusted PB Ratio Related Terms


Irving Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Irving 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.

Irving Resources Cyclically Adjusted PB Ratio Chart

Irving Resources 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 0.00 0.00 0.00 0.00 0.75

Irving Resources 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 0.00 0.40 0.37 0.75 0.69

FRA:1IR vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Irving 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.


Irving Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


FRA:1IR
32GF Score
Irving Resources Inc FRA:1IR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Irving 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.

Irving Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.147/0.31
=0.47

* 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.

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

For example, Irving Resources'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)
=0.31/134.0005*134.0005
=0.310

Current CPI (May. 2026) = 134.0005.

Irving Resources Quarterly Data

Book Value per Share CPI Adj_Book
201608 0.136 101.686 0.179
201611 0.198 101.607 0.261
201702 0.201 102.476 0.263
201705 0.184 103.108 0.239
201708 0.179 103.108 0.233
201711 0.176 103.740 0.227
201802 0.163 104.688 0.209
201805 0.161 105.399 0.205
201808 0.159 106.031 0.201
201811 0.164 105.478 0.208
201902 0.165 106.268 0.208
201905 0.265 107.927 0.329
201908 0.268 108.085 0.332
201911 0.273 107.769 0.339
202002 0.329 108.559 0.406
202005 0.315 107.532 0.393
202008 0.337 108.243 0.417
202011 0.348 108.796 0.429
202102 0.344 109.745 0.420
202105 0.411 111.404 0.494
202108 0.411 112.668 0.489
202111 0.426 113.932 0.501
202202 0.419 115.986 0.484
202205 0.442 120.016 0.494
202208 0.520 120.569 0.578
202211 0.499 121.675 0.550
202302 0.473 122.070 0.519
202305 0.461 124.045 0.498
202308 0.470 125.389 0.502
202311 0.454 125.468 0.485
202402 0.460 125.468 0.491
202405 0.450 127.601 0.473
202408 0.433 127.838 0.454
202411 0.442 127.838 0.463
202502 0.401 128.786 0.417
202505 0.385 129.813 0.397
202508 0.348 130.208 0.358
202511 0.342 130.682 0.351
202602 0.310 131.077 0.317
202605 0.310 134.001 0.310

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 0.47 mean?
Irving Resources (FRA:1IR) has a Cyclically Adjusted PB Ratio of 0.47 as of Aug. 23, 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 Irving Resources and its competitors. According to the industry distribution chart, Irving Resources ranks #403 out of 1516 companies in the Metals & Mining industry, placing it in the top 26.6%.
Is Irving Resources' Cyclically Adjusted PB Ratio too high?
Irving Resources' current Cyclically Adjusted PB Ratio is 0.47. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.51. Irving Resources' value of 0.47 is 68.9% below this industry median. Based on the distribution chart, Irving Resources ranks #403 out of 1516 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Irving Resources has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Irving Resources' Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Irving Resources ranks #403 out of 1516 companies for Cyclically Adjusted PB Ratio. This puts Irving Resources in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Irving Resources' value of 0.47 is 68.9% 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 1.51, based on 1,516 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. Irving Resources's current Cyclically Adjusted PB Ratio of 0.47 is 68.9% 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 Irving Resources and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Irving Resources's current Cyclically Adjusted PB Ratio is 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Irving Resources stock overvalued right now?
Irving Resources (FRA:1IR) has a current Cyclically Adjusted PB Ratio of 0.47. The current Cyclically Adjusted PB Ratio is 0.47 and 68.9% below the Metals & Mining industry median of 1.51. Irving Resources' overall GF Score™ is 32/100. 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 Irving Resources (FRA:1IR), the current Cyclically Adjusted PB Ratio is 0.47 as of Aug. 23, 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.

Irving Resources Business Description

Other Exchanges IRVRF:USAIRV:Canada
Address 999 Canada Place, Suite 404, Vancouver, BC, CAN, V6C 3E2
Irving Resources Inc is a Canadian-based mineral exploration company with precious metal projects in Japan and joint venture interests with Japan Oil, Gas, and Metals National Corporation (JOGMEC) in a rare earth element project in Africa and Canada. Its projects include the Omu Project, Yamagano Project, and Others.
32GF Score

Get the complete analysis for FRA:1IR

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

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