Carolina Rush (FRA:X4A) Cyclically Adjusted PB Ratio: (As of Sep. 06, 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:X4A Carolina Rush Corp FRA:X4A
18 GF Score
Price €0.12
! 2 Warning Signs
View Full Analysis

What is Carolina Rush Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Carolina Rush  (FRA:X4A) 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.


Carolina Rush Cyclically Adjusted PB Ratio Related Terms


Carolina Rush Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Carolina Rush'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.

Carolina Rush Cyclically Adjusted PB Ratio Chart

Carolina Rush 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 2.20 1.43 1.33 1.46 4.05

Carolina Rush Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.23 2.81 4.05 3.75 2.96

FRA:X4A vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Carolina Rush'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.


Carolina Rush Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


FRA:X4A
18GF Score
Carolina Rush Corp FRA:X4A
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carolina Rush 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.

Carolina Rush's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Carolina Rush's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.015/133.5265*133.5265
=0.015

Current CPI (Jun. 2026) = 133.5265.

Carolina Rush Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.052 101.765 0.068
201612 0.030 101.449 0.039
201703 -0.004 102.634 -0.005
201706 -0.021 103.029 -0.027
201709 -0.028 103.345 -0.036
201712 -0.024 103.345 -0.031
201803 -0.031 105.004 -0.039
201806 0.035 105.557 0.044
201809 0.004 105.636 0.005
201812 0.041 105.399 0.052
201903 0.028 106.979 0.035
201906 0.013 107.690 0.016
201909 0.012 107.611 0.015
201912 -0.001 107.769 -0.001
202003 0.080 107.927 0.099
202006 0.069 108.401 0.085
202009 0.122 108.164 0.151
202012 0.091 108.559 0.112
202103 0.079 110.298 0.096
202106 0.037 111.720 0.044
202109 0.037 112.905 0.044
202112 0.021 113.774 0.025
202203 0.011 117.646 0.012
202206 0.024 120.806 0.027
202209 0.007 120.648 0.008
202212 -0.003 120.964 -0.003
202303 -0.013 122.702 -0.014
202306 -0.019 124.203 -0.020
202309 0.017 125.230 0.018
202312 0.005 125.072 0.005
202403 -0.006 126.258 -0.006
202406 0.019 127.522 0.020
202409 0.012 127.285 0.013
202412 0.005 127.364 0.005
202503 -0.002 129.181 -0.002
202506 -0.004 129.892 -0.004
202509 -0.008 130.287 -0.008
202512 0.017 130.366 0.017
202603 0.017 132.262 0.017
202606 0.015 133.527 0.015

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.


Carolina Rush Business Description

Other Exchanges PUCCF:USARUSH:Canada
Address 217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Carolina Rush Corp is exploring the Carolina Terrane in the southeast U.S. Its flagship project is the past-producing Brewer Gold Mine, located in Chesterfield County, South Carolina, 17km along trend from the producing Haile Gold Mine. The company is also engaged in Sawyer project, Jefferson, and New Sawyer project. The Company operates in the business of acquiring, exploring and developing mineral properties.
18GF Score

Get the complete analysis for FRA:X4A

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

€0.12
Price