Finlay Minerals (FRA:FIG) Cyclically Adjusted PB Ratio: 0.80 (As of Jul. 19, 2026)

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What is Finlay Minerals Cyclically Adjusted PB Ratio?

Finlay Minerals FRA:FIG +4.35% Cyclically Adjusted PB Ratio is 0.80 as of Jul. 19, 2026. The stock has 1 warning sign investors should review. Among 1,545 Metals & Mining companies, Finlay Minerals ranks better than 60.13% on this metric.

As of today (2026-07-19), Finlay Minerals's current share price is €0.048. Finlay Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.06. Finlay Minerals's Cyclically Adjusted PB Ratio for today is 0.80.

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

FRA:FIG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.93
Current: 0.93

During the past years, Finlay Minerals's highest Cyclically Adjusted PB Ratio was 0.93. The lowest was 0.00. And the median was 0.00.

FRA:FIG's Cyclically Adjusted PB Ratio is ranked better than
60.13% of 1545 companies
in the Metals & Mining industry
Industry Median: 1.39 vs FRA:FIG: 0.93

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.

Finlay Minerals's adjusted book value per share data for the three months ended in Mar. 2026 was €0.048. 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 €0.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Finlay Minerals  (FRA:FIG) 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.


Finlay Minerals Cyclically Adjusted PB Ratio Related Terms


Finlay Minerals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Finlay Minerals'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.

Finlay Minerals Cyclically Adjusted PB Ratio Chart

Finlay Minerals 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 0.78 0.78 0.19 0.20 1.19

Finlay Minerals 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 0.80 0.96 1.43 1.19 1.24

FRA:FIG vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Finlay Minerals'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.


Finlay Minerals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Finlay Minerals 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.

Finlay Minerals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.048/0.06
=0.80

* 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.

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

For example, Finlay Minerals'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)
=0.048/132.2623*132.2623
=0.048

Current CPI (Mar. 2026) = 132.2623.

Finlay Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.066 102.002 0.086
201609 0.065 101.765 0.084
201612 0.068 101.449 0.089
201703 0.067 102.634 0.086
201706 0.064 103.029 0.082
201709 0.064 103.345 0.082
201712 0.062 103.345 0.079
201803 0.058 105.004 0.073
201806 0.060 105.557 0.075
201809 0.060 105.636 0.075
201812 0.059 105.399 0.074
201903 0.059 106.979 0.073
201906 0.059 107.690 0.072
201909 0.061 107.611 0.075
201912 0.056 107.769 0.069
202003 0.053 107.927 0.065
202006 0.053 108.401 0.065
202009 0.052 108.164 0.064
202012 0.052 108.559 0.063
202103 0.054 110.298 0.065
202106 0.055 111.720 0.065
202109 0.053 112.905 0.062
202112 0.055 113.774 0.064
202203 0.057 117.646 0.064
202206 0.058 120.806 0.064
202209 0.059 120.648 0.065
202212 0.054 120.964 0.059
202303 0.053 122.702 0.057
202306 0.052 124.203 0.055
202309 0.051 125.230 0.054
202312 0.050 125.072 0.053
202403 0.050 126.258 0.052
202406 0.049 127.522 0.051
202409 0.048 127.285 0.050
202412 0.048 127.364 0.050
202503 0.046 129.181 0.047
202506 0.047 129.892 0.048
202509 0.045 130.287 0.046
202512 0.047 130.366 0.048
202603 0.048 132.262 0.048

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 0.80 mean?
Finlay Minerals (FRA:FIG) has a Cyclically Adjusted PB Ratio of 0.80 as of Jul. 19, 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 Finlay Minerals and its competitors. According to the industry distribution chart, Finlay Minerals ranks #616 out of 1545 companies in the Metals & Mining industry, placing it in the top 39.9%.
Is Finlay Minerals' Cyclically Adjusted PB Ratio too high?
Finlay Minerals' current Cyclically Adjusted PB Ratio is 0.80. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.39. Finlay Minerals' value of 0.80 is 42.4% below this industry median. Based on the distribution chart, Finlay Minerals ranks #616 out of 1545 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Finlay Minerals' Cyclically Adjusted PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Finlay Minerals ranks #616 out of 1545 companies for Cyclically Adjusted PB Ratio. This puts Finlay Minerals in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.39. Finlay Minerals' value of 0.80 is 42.4% below 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 1.39, based on 1,545 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. Finlay Minerals's current Cyclically Adjusted PB Ratio of 0.80 is 42.4% below 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 Finlay Minerals and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finlay Minerals's current Cyclically Adjusted PB Ratio is 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finlay Minerals stock overvalued right now?
Finlay Minerals (FRA:FIG) has a current Cyclically Adjusted PB Ratio of 0.80. The current Cyclically Adjusted PB Ratio is 0.80 and 42.4% below the Metals & Mining industry median of 1.39. 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 Finlay Minerals (FRA:FIG), the current Cyclically Adjusted PB Ratio is 0.80 as of Jul. 19, 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.

Finlay Minerals Business Description

Other Exchanges FYMNF:USAFYL:Canada
Address 1100 Melville Street, Suite 1500, Vancouver, BC, CAN, V6E 4A6
Finlay Minerals Ltd is a Vancouver-based mining company engaged in the exploration and development of high-value base and precious metal deposits in northern British Columbia. Its exploration properties include the Silver Hope Property, the ATTY Property, SAY Property, JJB Property, and the PIL Gold Property.