Mustang Energy (FRA:92T0) Cyclically Adjusted PB Ratio: 1.80 (As of Aug. 09, 2026)

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What is Mustang Energy Cyclically Adjusted PB Ratio?

Mustang Energy FRA:92T0 +9.76% Cyclically Adjusted PB Ratio is 1.80 as of Aug. 09, 2026. The stock has 1 warning sign investors should review. Among 132 Other Energy Sources companies, Mustang Energy ranks better than 73.48% on this metric.

As of today (2026-08-09), Mustang Energy's current share price is €0.018. Mustang Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.01. Mustang Energy's Cyclically Adjusted PB Ratio for today is 1.80.

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

FRA:92T0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.62
Current: 0.62

During the past years, Mustang Energy's highest Cyclically Adjusted PB Ratio was 0.62. The lowest was 0.00. And the median was 0.00.

FRA:92T0's Cyclically Adjusted PB Ratio is ranked better than
73.48% of 132 companies
in the Other Energy Sources industry
Industry Median: 1.125 vs FRA:92T0: 0.62

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.

Mustang Energy's adjusted book value per share data for the three months ended in Mar. 2026 was €0.064. 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 €0.01 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mustang Energy  (FRA:92T0) 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.


Mustang Energy Cyclically Adjusted PB Ratio Related Terms


Mustang Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mustang Energy'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.

Mustang Energy Cyclically Adjusted PB Ratio Chart

Mustang Energy 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 0.00 0.00 0.00 0.00 0.00

Mustang Energy 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 1.85

FRA:92T0 vs UEC, LEU: Cyclically Adjusted PB Ratio Comparison

For the Uranium subindustry, Mustang Energy'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.


Mustang Energy Cyclically Adjusted PB Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Mustang Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mustang Energy 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.

Mustang Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.018/0.01
=1.80

* 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.

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

For example, Mustang Energy'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)
=0.064/132.2623*132.2623
=0.064

Current CPI (Mar. 2026) = 132.2623.

Mustang Energy Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 -0.002 101.449 -0.003
201703 0.000 102.634 0.000
201706 -0.096 103.029 -0.123
201709 0.197 103.345 0.252
201712 0.116 103.345 0.148
201803 0.156 105.004 0.196
201806 0.099 105.557 0.124
201809 0.046 105.636 0.058
201812 -0.042 105.399 -0.053
201903 -0.079 106.979 -0.098
201906 -0.107 107.690 -0.131
201909 -0.077 107.611 -0.095
201912 -0.096 107.769 -0.118
202003 -0.095 107.927 -0.116
202006 -0.101 108.401 -0.123
202009 0.016 108.164 0.020
202012 0.015 108.559 0.018
202103 0.014 110.298 0.017
202106 0.013 111.720 0.015
202109 0.012 112.905 0.014
202112 0.009 113.774 0.010
202203 0.007 117.646 0.008
202206 0.001 120.806 0.001
202209 0.027 120.648 0.030
202212 0.021 120.964 0.023
202303 0.017 122.702 0.018
202306 0.012 124.203 0.013
202309 0.006 125.230 0.006
202312 0.043 125.072 0.045
202403 0.040 126.258 0.042
202406 0.037 127.522 0.038
202409 0.034 127.285 0.035
202412 0.105 127.364 0.109
202503 0.088 129.181 0.090
202506 0.088 129.892 0.090
202509 0.082 130.287 0.083
202512 0.070 130.366 0.071
202603 0.064 132.262 0.064

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 1.80 mean?
Mustang Energy (FRA:92T0) has a Cyclically Adjusted PB Ratio of 1.80 as of Aug. 09, 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 Mustang Energy and its competitors. According to the industry distribution chart, Mustang Energy ranks #35 out of 132 companies in the Other Energy Sources industry, placing it in the top 26.5%.
Is Mustang Energy's Cyclically Adjusted PB Ratio too high?
Mustang Energy's current Cyclically Adjusted PB Ratio is 1.80. The Other Energy Sources industry median Cyclically Adjusted PB Ratio is 1.13. Mustang Energy's value of 1.80 is 60% above this industry median. Based on the distribution chart, Mustang Energy ranks #35 out of 132 companies in the Other Energy Sources industry, which is above the industry midpoint.
How does Mustang Energy's Cyclically Adjusted PB Ratio compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Mustang Energy ranks #35 out of 132 companies for Cyclically Adjusted PB Ratio. This puts Mustang Energy in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.13. Mustang Energy's value of 1.80 is 60% 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 an Other Energy Sources company?
The median Cyclically Adjusted PB Ratio among Other Energy Sources companies is 1.13, based on 132 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. Mustang Energy's current Cyclically Adjusted PB Ratio of 1.80 is 60% 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 Mustang Energy and its competitors. For the Other Energy Sources industry, the median Cyclically Adjusted PB Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mustang Energy's current Cyclically Adjusted PB Ratio is 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mustang Energy stock overvalued right now?
Mustang Energy (FRA:92T0) has a current Cyclically Adjusted PB Ratio of 1.80. The current Cyclically Adjusted PB Ratio is 1.80 and 60% above the Other Energy Sources industry median of 1.13. 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 Mustang Energy (FRA:92T0), the current Cyclically Adjusted PB Ratio is 1.80 as of Aug. 09, 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.

Mustang Energy Business Description

Other Exchanges MECPF:USAMEC:Canada
Address 789 West Pender Street, Suite 480, Vancouver, BC, CAN
Mustang Energy Corp is a mineral exploration and development company. The Company currently conducts its operations in Canada, in one business segment, being the exploration of resource properties. The company's projects are Dutton Project, Yellowstone Project, Konigsstuhl Project, Spur Project, Yellowstone East Project, 914W Project.