Altair Resources (FRA:90AA) Cyclically Adjusted PB Ratio: (As of Aug. 28, 2026)

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What is Altair Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Altair Resources  (FRA:90AA) 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.


Altair Resources Cyclically Adjusted PB Ratio Related Terms


Altair Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Altair 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.

Altair Resources Cyclically Adjusted PB Ratio Chart

Altair Resources Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.03 0.02 0.19 0.17

Altair Resources 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 0.19 0.14 0.16 0.17 0.17

Altair Resources Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Altair 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.


Altair Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Altair 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.

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

For example, Altair Resources'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)
=-0.036/132.2623*132.2623
=-0.036

Current CPI (Mar. 2026) = 132.2623.

Altair Resources Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.099 102.002 0.128
201609 0.141 101.765 0.183
201612 0.166 101.449 0.216
201703 0.181 102.634 0.233
201706 0.249 103.029 0.320
201709 0.232 103.345 0.297
201712 0.159 103.345 0.203
201803 0.052 105.004 0.065
201806 0.032 105.557 0.040
201809 0.021 105.636 0.026
201812 0.008 105.399 0.010
201903 -0.033 106.979 -0.041
201906 -0.030 107.690 -0.037
201909 -0.024 107.611 -0.029
201912 -0.027 107.769 -0.033
202003 -0.040 107.927 -0.049
202006 -0.040 108.401 -0.049
202009 -0.038 108.164 -0.046
202012 -0.026 108.559 -0.032
202103 -0.027 110.298 -0.032
202106 -0.028 111.720 -0.033
202109 -0.002 112.905 -0.002
202112 -0.002 113.774 -0.002
202203 -0.023 117.646 -0.026
202206 -0.025 120.806 -0.027
202209 -0.028 120.648 -0.031
202212 -0.023 120.964 -0.025
202303 -0.024 122.702 -0.026
202306 -0.025 124.203 -0.027
202309 -0.027 125.230 -0.029
202312 -0.027 125.072 -0.029
202403 -0.029 126.258 -0.030
202406 -0.030 127.522 -0.031
202409 -0.031 127.285 -0.032
202412 -0.033 127.364 -0.034
202503 -0.032 129.181 -0.033
202506 -0.032 129.892 -0.033
202509 -0.032 130.287 -0.032
202512 -0.033 130.366 -0.033
202603 -0.036 132.262 -0.036

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.


Altair Resources Business Description

Address 1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Altair Resources Inc is a Canada-based junior mineral exploration company. It is engaged in the business of acquiring, exploring, developing, and exploiting natural resource properties in British Columbia, Canada.