Quebec Rare Earth Elements (FRA:41K) Cyclically Adjusted PB Ratio: 0.01 (As of Jul. 30, 2026)

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What is Quebec Rare Earth Elements Cyclically Adjusted PB Ratio?

Quebec Rare Earth Elements FRA:41K +11.54% Cyclically Adjusted PB Ratio is 0.01 as of Jul. 30, 2026. The stock has 1 warning sign investors should review. Among 1,537 Metals & Mining companies, Quebec Rare Earth Elements ranks better than 99.93% on this metric.

As of today (2026-07-30), Quebec Rare Earth Elements's current share price is €0.029. Quebec Rare Earth Elements's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 was €1.96. Quebec Rare Earth Elements's Cyclically Adjusted PB Ratio for today is 0.01.

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

FRA:41K' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.01
Current: 0.01

During the past years, Quebec Rare Earth Elements's highest Cyclically Adjusted PB Ratio was 0.01. The lowest was 0.00. And the median was 0.00.

FRA:41K's Cyclically Adjusted PB Ratio is ranked better than
99.93% of 1537 companies
in the Metals & Mining industry
Industry Median: 1.41 vs FRA:41K: 0.01

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.

Quebec Rare Earth Elements's adjusted book value per share data for the three months ended in Jan. 2026 was €0.055. 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 €1.96 for the trailing ten years ended in Jan. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quebec Rare Earth Elements  (FRA:41K) 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.


Quebec Rare Earth Elements Cyclically Adjusted PB Ratio Related Terms


Quebec Rare Earth Elements Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Quebec Rare Earth Elements'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.

Quebec Rare Earth Elements Cyclically Adjusted PB Ratio Chart

Quebec Rare Earth Elements Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 0.01 0.01 0.01

Quebec Rare Earth Elements Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 0.01 0.02 0.03 0.03

Quebec Rare Earth Elements Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Quebec Rare Earth Elements'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.


Quebec Rare Earth Elements Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Quebec Rare Earth Elements's Cyclically Adjusted PB Ratio falls into.



Quebec Rare Earth Elements 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.

Quebec Rare Earth Elements's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.029/1.96
=0.01

* 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.

Quebec Rare Earth Elements's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 is calculated as:

For example, Quebec Rare Earth Elements's adjusted Book Value per Share data for the three months ended in Jan. 2026 was:

Adj_Book=Book Value per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=0.055/130.3661*130.3661
=0.055

Current CPI (Jan. 2026) = 130.3661.

Quebec Rare Earth Elements Quarterly Data

Book Value per Share CPI Adj_Book
201604 17.261 101.370 22.198
201607 17.199 101.844 22.016
201610 16.689 102.002 21.330
201701 16.778 102.318 21.377
201704 1.080 103.029 1.367
201707 1.000 103.029 1.265
201710 0.845 103.424 1.065
201801 3.137 104.056 3.930
201804 4.477 105.320 5.542
201807 5.291 106.110 6.500
201810 5.670 105.952 6.977
201901 5.099 105.557 6.297
201904 1.414 107.453 1.716
201907 1.323 108.243 1.593
201910 1.239 107.927 1.497
202001 1.126 108.085 1.358
202004 0.947 107.216 1.151
202007 0.561 108.401 0.675
202010 0.585 108.638 0.702
202101 0.543 109.192 0.648
202104 0.492 110.851 0.579
202107 0.510 112.431 0.591
202110 0.503 113.695 0.577
202201 0.495 114.801 0.562
202204 0.449 118.357 0.495
202207 0.452 120.964 0.487
202210 0.426 121.517 0.457
202301 0.391 121.596 0.419
202304 0.063 123.571 0.066
202307 0.073 124.914 0.076
202310 0.073 125.310 0.076
202401 0.071 125.072 0.074
202404 0.076 126.890 0.078
202407 0.078 128.075 0.079
202410 0.077 127.838 0.079
202501 0.077 127.443 0.079
202504 0.073 129.102 0.074
202507 0.071 130.290 0.071
202510 0.070 130.603 0.070
202601 0.055 130.366 0.055

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 0.01 mean?
Quebec Rare Earth Elements (FRA:41K) has a Cyclically Adjusted PB Ratio of 0.01 as of Jul. 30, 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 Quebec Rare Earth Elements and its competitors. According to the industry distribution chart, Quebec Rare Earth Elements ranks #1 out of 1537 companies in the Metals & Mining industry, placing it in the top 0.099999999999994%.
Is Quebec Rare Earth Elements' Cyclically Adjusted PB Ratio too high?
Quebec Rare Earth Elements' current Cyclically Adjusted PB Ratio is 0.01. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.41. Quebec Rare Earth Elements' value of 0.01 is 99.3% below this industry median. Based on the distribution chart, Quebec Rare Earth Elements ranks #1 out of 1537 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Quebec Rare Earth Elements' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Quebec Rare Earth Elements ranks #1 out of 1537 companies for Cyclically Adjusted PB Ratio. This places Quebec Rare Earth Elements in the top 0% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.41. Quebec Rare Earth Elements' value of 0.01 is 99.3% 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 1.41, based on 1,537 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. Quebec Rare Earth Elements's current Cyclically Adjusted PB Ratio of 0.01 is 99.3% 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 Quebec Rare Earth Elements and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quebec Rare Earth Elements's current Cyclically Adjusted PB Ratio is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quebec Rare Earth Elements stock overvalued right now?
Quebec Rare Earth Elements (FRA:41K) has a current Cyclically Adjusted PB Ratio of 0.01. The current Cyclically Adjusted PB Ratio is 0.01 and 99.3% below the Metals & Mining industry median of 1.41. 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 Quebec Rare Earth Elements (FRA:41K), the current Cyclically Adjusted PB Ratio is 0.01 as of Jul. 30, 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.

Quebec Rare Earth Elements Business Description

Other Exchanges QQREF:USAQREE:Canada
Address 217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Quebec Rare Earth Elements Corp is a mining exploration and development company focused on rare earth elements (REE) in the favorable mining jurisdiction of Quebec, Canada. The company explores properties including the Carcajou and Lynx projects in the Saguenay region, as well as gold projects areas in northwestern Ontario. The company's geographical presence is at Canada and Chile. Both the areas are engaged in exploration and development of minerals.