Bravada Gold (FRA:BRT) Cyclically Adjusted PB Ratio: (As of Aug. 19, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:BRT Bravada Gold Corp FRA:BRT
39 GF Score
Price €0.60
! 2 Warning Signs
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What is Bravada Gold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bravada Gold  (FRA:BRT) 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.


Bravada Gold Cyclically Adjusted PB Ratio Related Terms


Bravada Gold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bravada Gold'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.

Bravada Gold Cyclically Adjusted PB Ratio Chart

Bravada Gold Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 1.43 0.00 0.00 0.00

Bravada Gold Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 0.00

Bravada Gold Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Bravada Gold'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.


Bravada Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


FRA:BRT
39GF Score
Bravada Gold Corp FRA:BRT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bravada Gold 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.

Bravada Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 is calculated as:

For example, Bravada Gold's adjusted Book Value per Share data for the three months ended in Jan. 2026 was:

Adj_Book=Book Value per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=0.025/130.3661*130.3661
=0.025

Current CPI (Jan. 2026) = 130.3661.

Bravada Gold Quarterly Data

Book Value per Share CPI Adj_Book
201604 -0.172 101.370 -0.221
201607 -0.063 101.844 -0.081
201610 -0.072 102.002 -0.092
201701 -0.054 102.318 -0.069
201704 -0.046 103.029 -0.058
201707 -0.057 103.029 -0.072
201710 -0.068 103.424 -0.086
201801 -0.033 104.056 -0.041
201804 -0.052 105.320 -0.064
201807 -0.018 106.110 -0.022
201810 -0.050 105.952 -0.062
201901 -0.064 105.557 -0.079
201904 -0.062 107.453 -0.075
201907 -0.024 108.243 -0.029
201910 -0.040 107.927 -0.048
202001 -0.052 108.085 -0.063
202004 -0.058 107.216 -0.071
202007 0.004 108.401 0.005
202010 0.031 108.638 0.037
202101 0.009 109.192 0.011
202104 0.003 110.851 0.004
202107 -0.015 112.431 -0.017
202110 -0.009 113.695 -0.010
202201 -0.019 114.801 -0.022
202204 0.050 118.357 0.055
202207 0.026 120.964 0.028
202210 0.008 121.517 0.009
202301 -0.003 121.596 -0.003
202304 -0.009 123.571 -0.009
202307 -0.013 124.914 -0.014
202310 -0.016 125.310 -0.017
202401 -0.004 125.072 -0.004
202404 -0.010 126.890 -0.010
202407 -0.009 128.075 -0.009
202410 -0.018 127.838 -0.018
202501 -0.023 127.443 -0.024
202504 -0.024 129.102 -0.024
202507 0.011 130.290 0.011
202510 0.002 130.603 0.002
202601 0.025 130.366 0.025

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.


Bravada Gold Business Description

Other Exchanges BGAVF:USABVA:Canada
Address 1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Bravada Gold Corp is an exploration-stage company. The firm engages in the acquisition and exploration of natural mineral resource properties. Its primary focus has been the exploration of precious metals in Nevada. It currently focuses its exploration activities on Wind Mountain, Baxter, Highland, and others.
39GF Score

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

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