Honey Badger Silver (FRA:1QA) Cyclically Adjusted PB Ratio: (As of Aug. 16, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

FRA:1QA Honey Badger Silver Inc FRA:1QA
20 GF Score
Price €0.51
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What is Honey Badger Silver Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Honey Badger Silver  (FRA:1QA) 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.


Honey Badger Silver Cyclically Adjusted PB Ratio Related Terms


Honey Badger Silver Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Honey Badger Silver'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.

Honey Badger Silver Cyclically Adjusted PB Ratio Chart

Honey Badger Silver 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 6.17 23.82 0.00 0.00 0.00

Honey Badger Silver 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 0.00 0.00 0.00 0.00 0.00

FRA:1QA vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Honey Badger Silver'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.


Honey Badger Silver Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


FRA:1QA
20GF Score
Honey Badger Silver Inc FRA:1QA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Honey Badger Silver 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.

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

For example, Honey Badger Silver'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)
=0.021/132.2623*132.2623
=0.021

Current CPI (Mar. 2026) = 132.2623.

Honey Badger Silver Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.057 102.002 -0.074
201609 -0.128 101.765 -0.166
201612 -0.136 101.449 -0.177
201703 -0.139 102.634 -0.179
201706 -0.128 103.029 -0.164
201709 -0.051 103.345 -0.065
201712 -0.009 103.345 -0.012
201803 -0.027 105.004 -0.034
201806 0.052 105.557 0.065
201809 0.040 105.636 0.050
201812 0.034 105.399 0.043
201903 0.031 106.979 0.038
201906 0.017 107.690 0.021
201909 0.014 107.611 0.017
201912 -0.006 107.769 -0.007
202003 -0.008 107.927 -0.010
202006 -0.008 108.401 -0.010
202009 0.005 108.164 0.006
202012 0.012 108.559 0.015
202103 0.081 110.298 0.097
202106 0.055 111.720 0.065
202109 0.050 112.905 0.059
202112 0.039 113.774 0.045
202203 0.027 117.646 0.030
202206 0.016 120.806 0.018
202209 0.007 120.648 0.008
202212 0.007 120.964 0.008
202303 0.000 122.702 0.000
202306 0.014 124.203 0.015
202309 0.004 125.230 0.004
202312 -0.004 125.072 -0.004
202403 -0.005 126.258 -0.005
202406 0.002 127.522 0.002
202409 0.000 127.285 0.000
202412 0.002 127.364 0.002
202503 0.001 129.181 0.001
202506 0.001 129.892 0.001
202509 0.011 130.287 0.011
202512 0.014 130.366 0.014
202603 0.021 132.262 0.021

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.


Honey Badger Silver Business Description

Other Exchanges HBEIF:USATUF:Canada
Address 620-1111 Melville Street, Vancouver, BC, CAN, V6E 3V6
Honey Badger Silver Inc is a mineral exploration company operating in Canada. The company is principally engaged in the acquisition, exploration, and development of silver properties. The project portfolio includes the Thunder Bay Silver Project, Yukon Silver Properties, Sunrise lake project, Clear lake Project, Nanisivik Project, and others.
20GF 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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