Appia Rare Earths & Uranium (FRA:A0I0) Cyclically Adjusted PB Ratio: 1.76 (As of Aug. 31, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:A0I0 Appia Rare Earths & Uranium Corp FRA:A0I0
33 GF Score
Price €0.12
View Full Analysis

What is Appia Rare Earths & Uranium Cyclically Adjusted PB Ratio?

Appia Rare Earths & Uranium FRA:A0I0 +2.93% 33 Cyclically Adjusted PB Ratio is 1.76 as of Aug. 31, 2026. GuruFocus rates FRA:A0I0 with a GF Score™ of 33/100. Among 130 Other Energy Sources companies, Appia Rare Earths & Uranium ranks worse than 61.54% on this metric.

As of today (2026-08-31), Appia Rare Earths & Uranium's current share price is €0.123. Appia Rare Earths & Uranium's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.07. Appia Rare Earths & Uranium's Cyclically Adjusted PB Ratio for today is 1.76.

The historical rank and industry rank for Appia Rare Earths & Uranium's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:A0I0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.78
Current: 1.78

During the past years, Appia Rare Earths & Uranium's highest Cyclically Adjusted PB Ratio was 1.78. The lowest was 0.00. And the median was 0.00.

FRA:A0I0's Cyclically Adjusted PB Ratio is ranked worse than
61.54% of 130 companies
in the Other Energy Sources industry
Industry Median: 1.255 vs FRA:A0I0: 1.78

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.

Appia Rare Earths & Uranium's adjusted book value per share data for the three months ended in Mar. 2026 was €0.105. 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 €0.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Appia Rare Earths & Uranium  (FRA:A0I0) 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.


Appia Rare Earths & Uranium Cyclically Adjusted PB Ratio Related Terms


Appia Rare Earths & Uranium Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Appia Rare Earths & Uranium'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.

Appia Rare Earths & Uranium Cyclically Adjusted PB Ratio Chart

Appia Rare Earths & Uranium Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.98 5.61 1.00 0.85 1.97

Appia Rare Earths & Uranium 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 1.05 1.10 1.97 1.72 1.60

FRA:A0I0 vs UEC, LEU: Cyclically Adjusted PB Ratio Comparison

For the Uranium subindustry, Appia Rare Earths & Uranium'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.


Appia Rare Earths & Uranium Cyclically Adjusted PB Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Appia Rare Earths & Uranium's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Appia Rare Earths & Uranium's Cyclically Adjusted PB Ratio falls into.


FRA:A0I0
33GF Score
Appia Rare Earths & Uranium Corp FRA:A0I0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Appia Rare Earths & Uranium 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.

Appia Rare Earths & Uranium's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.123/0.07
=1.76

* 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.

Appia Rare Earths & Uranium's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Appia Rare Earths & Uranium'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)
=0.105/132.2623*132.2623
=0.105

Current CPI (Mar. 2026) = 132.2623.

Appia Rare Earths & Uranium Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.016 102.002 0.021
201609 0.016 101.765 0.021
201612 0.016 101.449 0.021
201703 0.024 102.634 0.031
201706 0.021 103.029 0.027
201709 0.019 103.345 0.024
201712 0.017 103.345 0.022
201803 0.014 105.004 0.018
201806 0.011 105.557 0.014
201809 0.014 105.636 0.018
201812 0.020 105.399 0.025
201903 0.019 106.979 0.023
201906 0.018 107.690 0.022
201909 0.008 107.611 0.010
201912 0.017 107.769 0.021
202003 0.015 107.927 0.018
202006 0.013 108.401 0.016
202009 0.012 108.164 0.015
202012 0.037 108.559 0.045
202103 0.044 110.298 0.053
202106 0.074 111.720 0.088
202109 0.095 112.905 0.111
202112 0.137 113.774 0.159
202203 0.142 117.646 0.160
202206 0.153 120.806 0.168
202209 0.142 120.648 0.156
202212 0.140 120.964 0.153
202303 0.131 122.702 0.141
202306 0.134 124.203 0.143
202309 0.131 125.230 0.138
202312 0.129 125.072 0.136
202403 0.126 126.258 0.132
202406 0.125 127.522 0.130
202409 0.121 127.285 0.126
202412 0.114 127.364 0.118
202503 0.109 129.181 0.112
202506 0.102 129.892 0.104
202509 0.099 130.287 0.101
202512 0.104 130.366 0.106
202603 0.105 132.262 0.105

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 1.76 mean?
Appia Rare Earths & Uranium (FRA:A0I0) has a Cyclically Adjusted PB Ratio of 1.76 as of Aug. 31, 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 Appia Rare Earths & Uranium and its competitors. According to the industry distribution chart, Appia Rare Earths & Uranium ranks #80 out of 130 companies in the Other Energy Sources industry, placing it in the top 61.5%.
Is Appia Rare Earths & Uranium's Cyclically Adjusted PB Ratio too high?
Appia Rare Earths & Uranium's current Cyclically Adjusted PB Ratio is 1.76. The Other Energy Sources industry median Cyclically Adjusted PB Ratio is 1.26. Appia Rare Earths & Uranium's value of 1.76 is 40.2% above this industry median. Based on the distribution chart, Appia Rare Earths & Uranium ranks #80 out of 130 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, Appia Rare Earths & Uranium has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Appia Rare Earths & Uranium's Cyclically Adjusted PB Ratio compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Appia Rare Earths & Uranium ranks #80 out of 130 companies for Cyclically Adjusted PB Ratio. This places Appia Rare Earths & Uranium in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Appia Rare Earths & Uranium's value of 1.76 is 40.2% 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 1.26, based on 130 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. Appia Rare Earths & Uranium's current Cyclically Adjusted PB Ratio of 1.76 is 40.2% 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 Appia Rare Earths & Uranium and its competitors. For the Other Energy Sources industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Appia Rare Earths & Uranium's current Cyclically Adjusted PB Ratio is 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appia Rare Earths & Uranium stock overvalued right now?
Appia Rare Earths & Uranium (FRA:A0I0) has a current Cyclically Adjusted PB Ratio of 1.76. The current Cyclically Adjusted PB Ratio is 1.76 and 40.2% above the Other Energy Sources industry median of 1.26. Appia Rare Earths & Uranium's overall GF Score™ is 33/100. 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 Appia Rare Earths & Uranium (FRA:A0I0), the current Cyclically Adjusted PB Ratio is 1.76 as of Aug. 31, 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.

Appia Rare Earths & Uranium Business Description

Other Exchanges APAAF:USAAPI:Canada
Address 200 -3310 South Service Road, Burlington, ON, CAN, L7N 3M6
Appia Rare Earths & Uranium Corp is a developer of a critical mineral exploration business designed to capitalize on the growing demand for rare earth elements and uranium. The company offers a diverse portfolio of projects in mining-friendly regions, enabling investors to participate in the transition to a greener environment, with potential growth in key industries such as electric vehicles and renewable energy. Its projects are the Alces Lake Saskatchewan Project, the Athabasca Basin Uranium & REE Projects, and the Elliot Lake Uranium & REE Project.
33GF Score

Get the complete analysis for FRA:A0I0

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.12
Price