Pan Global Resources (FRA:2EU) Cyclically Adjusted PB Ratio: 5.28 (As of Jul. 19, 2026)

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FRA:2EU Pan Global Resources Inc FRA:2EU
36 GF Score
Price €0.11
! 1 Warning Sign
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What is Pan Global Resources Cyclically Adjusted PB Ratio?

Pan Global Resources FRA:2EU -2.31% 36 Cyclically Adjusted PB Ratio is 5.28 as of Jul. 19, 2026. GuruFocus rates FRA:2EU with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 1,545 Metals & Mining companies, Pan Global Resources ranks worse than 77.86% on this metric.

As of today (2026-07-19), Pan Global Resources's current share price is €0.1055. Pan Global Resources's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €0.02. Pan Global Resources's Cyclically Adjusted PB Ratio for today is 5.28.

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

FRA:2EU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 4.41
Current: 4.41

During the past years, Pan Global Resources's highest Cyclically Adjusted PB Ratio was 4.41. The lowest was 0.00. And the median was 0.00.

FRA:2EU's Cyclically Adjusted PB Ratio is ranked worse than
77.86% of 1545 companies
in the Metals & Mining industry
Industry Median: 1.39 vs FRA:2EU: 4.41

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.

Pan Global Resources's adjusted book value per share data for the three months ended in Apr. 2026 was €0.013. 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 Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pan Global Resources  (FRA:2EU) 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.


Pan Global Resources Cyclically Adjusted PB Ratio Related Terms


Pan Global Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pan Global 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.

Pan Global Resources Cyclically Adjusted PB Ratio Chart

Pan Global Resources Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.40 13.56 6.50 5.11 4.31

Pan Global Resources Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 3.11 4.43 4.16 4.31 4.67

Pan Global Resources Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Pan Global 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.


Pan Global Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


FRA:2EU
36GF Score
Pan Global Resources Inc FRA:2EU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Pan Global 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1055/0.02
=5.28

* 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.

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

For example, Pan Global Resources's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.013/132.7364*132.7364
=0.013

Current CPI (Apr. 2026) = 132.7364.

Pan Global Resources Quarterly Data

Book Value per Share CPI Adj_Book
201607 -0.004 101.844 -0.005
201610 -0.004 102.002 -0.005
201701 -0.004 102.318 -0.005
201704 0.007 103.029 0.009
201707 0.005 103.029 0.006
201710 0.018 103.424 0.023
201801 0.015 104.056 0.019
201804 0.015 105.320 0.019
201807 0.024 106.110 0.030
201810 0.025 105.952 0.031
201901 0.020 105.557 0.025
201904 0.016 107.453 0.020
201907 0.013 108.243 0.016
201910 0.016 107.927 0.020
202001 0.021 108.085 0.026
202004 0.017 107.216 0.021
202007 0.030 108.401 0.037
202010 0.024 108.638 0.029
202101 0.024 109.192 0.029
202104 0.021 110.851 0.025
202107 0.065 112.431 0.077
202110 0.063 113.695 0.074
202201 0.063 114.801 0.073
202204 0.060 118.357 0.067
202207 0.057 120.964 0.063
202210 0.048 121.517 0.052
202301 0.036 121.596 0.039
202304 0.027 123.571 0.029
202307 0.018 124.914 0.019
202310 0.026 125.310 0.028
202401 0.021 125.072 0.022
202404 0.017 126.890 0.018
202407 0.012 128.075 0.012
202410 0.022 127.838 0.023
202501 0.019 127.443 0.020
202504 0.015 129.102 0.015
202507 0.011 130.290 0.011
202510 0.011 130.603 0.011
202601 0.016 130.366 0.016
202604 0.013 132.736 0.013

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 5.28 mean?
Pan Global Resources (FRA:2EU) has a Cyclically Adjusted PB Ratio of 5.28 as of Jul. 19, 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 Pan Global Resources and its competitors. According to the industry distribution chart, Pan Global Resources ranks #1203 out of 1545 companies in the Metals & Mining industry, placing it in the top 77.9%.
Is Pan Global Resources' Cyclically Adjusted PB Ratio too high?
Pan Global Resources' current Cyclically Adjusted PB Ratio is 5.28. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.39. Pan Global Resources' value of 5.28 is 279.9% above this industry median. Based on the distribution chart, Pan Global Resources ranks #1203 out of 1545 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Pan Global Resources has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Pan Global Resources' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Pan Global Resources ranks #1203 out of 1545 companies for Cyclically Adjusted PB Ratio. This places Pan Global Resources in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.39. Pan Global Resources' value of 5.28 is 279.9% above 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 1.39, based on 1,545 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. Pan Global Resources's current Cyclically Adjusted PB Ratio of 5.28 is 279.9% 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 Pan Global Resources and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pan Global Resources's current Cyclically Adjusted PB Ratio is 5.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan Global Resources stock overvalued right now?
Pan Global Resources (FRA:2EU) has a current Cyclically Adjusted PB Ratio of 5.28. The current Cyclically Adjusted PB Ratio is 5.28 and 279.9% above the Metals & Mining industry median of 1.39. Pan Global Resources' overall GF Score™ is 36/100 with 1 warning sign 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 Pan Global Resources (FRA:2EU), the current Cyclically Adjusted PB Ratio is 5.28 as of Jul. 19, 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.

Pan Global Resources Business Description

Other Exchanges PGZFF:USAPGZ:Canada
Address 355 Burrard Street, Suite 1150, Vancouver, BC, CAN, V6C 2G8
Pan Global Resources Inc is actively engaged in base and precious metal exploration in southern Spain and is pursuing opportunities from exploration through to mine development. The company is focused on the early stage exploration through to the development of resources of copper, tin, and other metals in Spain. The Company's flagship Escacena Project is located in the Iberian Pyrite Belt in southern Spain.
36GF 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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