Blackrock Silver (FRA:AHZ0) Cyclically Adjusted PB Ratio: 24.20 (As of Aug. 13, 2026)

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FRA:AHZ0 Blackrock Silver Corp FRA:AHZ0
33 GF Score
Price €0.73
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What is Blackrock Silver Cyclically Adjusted PB Ratio?

Blackrock Silver FRA:AHZ0 33 Cyclically Adjusted PB Ratio is 24.20 as of Aug. 13, 2026. GuruFocus rates FRA:AHZ0 with a GF Score™ of 33/100. Among 1,524 Metals & Mining companies, Blackrock Silver ranks worse than 96.72% on this metric.

As of today (2026-08-13), Blackrock Silver's current share price is €0.726. Blackrock Silver's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €0.03. Blackrock Silver's Cyclically Adjusted PB Ratio for today is 24.20.

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

FRA:AHZ0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 21.71
Current: 21.71

During the past years, Blackrock Silver's highest Cyclically Adjusted PB Ratio was 21.71. The lowest was 0.00. And the median was 0.00.

FRA:AHZ0's Cyclically Adjusted PB Ratio is ranked worse than
96.72% of 1524 companies
in the Metals & Mining industry
Industry Median: 1.54 vs FRA:AHZ0: 21.71

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.

Blackrock Silver's adjusted book value per share data for the three months ended in Apr. 2026 was €0.052. 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 €0.03 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Blackrock Silver  (FRA:AHZ0) 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.


Blackrock Silver Cyclically Adjusted PB Ratio Related Terms


Blackrock Silver Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Blackrock Silver'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.

Blackrock Silver Cyclically Adjusted PB Ratio Chart

Blackrock Silver Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.13 6.85 5.22 9.44 13.97

Blackrock Silver 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 7.91 11.74 13.97 30.86 24.33

FRA:AHZ0 vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Blackrock Silver'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.


Blackrock Silver Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


FRA:AHZ0
33GF Score
Blackrock Silver Corp FRA:AHZ0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blackrock Silver 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.

Blackrock Silver's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.726/0.03
=24.20

* 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.

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

For example, Blackrock Silver'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)
=0.052/132.7364*132.7364
=0.052

Current CPI (Apr. 2026) = 132.7364.

Blackrock Silver Quarterly Data

Book Value per Share CPI Adj_Book
201607 0.018 101.844 0.023
201610 0.015 102.002 0.020
201701 0.005 102.318 0.006
201704 0.041 103.029 0.053
201707 0.038 103.029 0.049
201710 0.001 103.424 0.001
201801 -0.001 104.056 -0.001
201804 0.019 105.320 0.024
201807 0.014 106.110 0.018
201810 0.015 105.952 0.019
201901 0.011 105.557 0.014
201904 0.009 107.453 0.011
201907 0.014 108.243 0.017
201910 0.017 107.927 0.021
202001 0.026 108.085 0.032
202004 0.028 107.216 0.035
202007 0.086 108.401 0.105
202010 0.042 108.638 0.051
202101 0.017 109.192 0.021
202104 0.029 110.851 0.035
202107 0.053 112.431 0.063
202110 0.048 113.695 0.056
202201 0.039 114.801 0.045
202204 0.045 118.357 0.050
202207 0.027 120.964 0.030
202210 0.031 121.517 0.034
202301 0.021 121.596 0.023
202304 0.031 123.571 0.033
202307 0.025 124.914 0.027
202310 0.022 125.310 0.023
202401 0.030 125.072 0.032
202404 0.028 126.890 0.029
202407 0.044 128.075 0.046
202410 0.038 127.838 0.039
202501 0.051 127.443 0.053
202504 0.034 129.102 0.035
202507 0.028 130.290 0.029
202510 0.028 130.603 0.028
202601 0.054 130.366 0.055
202604 0.052 132.736 0.052

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 24.20 mean?
Blackrock Silver (FRA:AHZ0) has a Cyclically Adjusted PB Ratio of 24.20 as of Aug. 13, 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 Blackrock Silver and its competitors. According to the industry distribution chart, Blackrock Silver ranks #1474 out of 1524 companies in the Metals & Mining industry, placing it in the top 96.7%.
Is Blackrock Silver's Cyclically Adjusted PB Ratio too high?
Blackrock Silver's current Cyclically Adjusted PB Ratio is 24.20. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.54. Blackrock Silver's value of 24.20 is 1471.4% above this industry median. Based on the distribution chart, Blackrock Silver ranks #1474 out of 1524 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Blackrock Silver has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Silver's Cyclically Adjusted PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Blackrock Silver ranks #1474 out of 1524 companies for Cyclically Adjusted PB Ratio. This places Blackrock Silver in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. Blackrock Silver's value of 24.20 is 1471.4% 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 1.54, based on 1,524 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. Blackrock Silver's current Cyclically Adjusted PB Ratio of 24.20 is 1471.4% 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 Blackrock Silver and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackrock Silver's current Cyclically Adjusted PB Ratio is 24.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Silver stock overvalued right now?
Blackrock Silver (FRA:AHZ0) has a current Cyclically Adjusted PB Ratio of 24.20. The current Cyclically Adjusted PB Ratio is 24.20 and 1471.4% above the Metals & Mining industry median of 1.54. Blackrock Silver'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 Blackrock Silver (FRA:AHZ0), the current Cyclically Adjusted PB Ratio is 24.20 as of Aug. 13, 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.

Blackrock Silver Business Description

Address 200 Burrard Street, Suite 1570, Vancouver, BC, CAN, V6C 3L6
Blackrock Silver Corp is engaged in the acquisition, exploration, and development of mineral properties located in Canada and the United States. The company is focused on its Nevada portfolio of properties consisting of low-sulphidation epithermal gold and silver projects located along the established Northern Nevada Rift in Nevada and the Walker Lane trend in Western Nevada. Its project portfolio comprises the Tonopah West and the Silver Cloud projects.
33GF Score

Get the complete analysis for FRA:AHZ0

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

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