Hawkeye Gold & Diamond (FRA:HGT0) Cyclically Adjusted PB Ratio: (As of Sep. 01, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

What is Hawkeye Gold & Diamond Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hawkeye Gold & Diamond  (FRA:HGT0) 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.


Hawkeye Gold & Diamond Cyclically Adjusted PB Ratio Related Terms


Hawkeye Gold & Diamond Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hawkeye Gold & Diamond'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.

Hawkeye Gold & Diamond Cyclically Adjusted PB Ratio Chart

Hawkeye Gold & Diamond Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Cyclically Adjusted PB Ratio
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Hawkeye Gold & Diamond Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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

FRA:HGT0 vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Hawkeye Gold & Diamond'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.


Hawkeye Gold & Diamond Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Hawkeye Gold & Diamond 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.

Hawkeye Gold & Diamond's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, Hawkeye Gold & Diamond's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=-0.078/131.0772*131.0772
=-0.078

Current CPI (Feb. 2026) = 131.0772.

Hawkeye Gold & Diamond Quarterly Data

Book Value per Share CPI Adj_Book
201605 -1.018 101.765 -1.311
201608 -1.007 101.686 -1.298
201611 -0.518 101.607 -0.668
201702 -0.564 102.476 -0.721
201705 -0.541 103.108 -0.688
201708 -0.568 103.108 -0.722
201711 -0.592 103.740 -0.748
201802 -0.597 104.688 -0.747
201805 -0.633 105.399 -0.787
201808 -0.634 106.031 -0.784
201811 -0.182 105.478 -0.226
201902 -0.196 106.268 -0.242
201905 -0.203 107.927 -0.247
201908 -0.206 108.085 -0.250
201911 -0.032 107.769 -0.039
202002 -0.041 108.559 -0.050
202005 -0.052 107.532 -0.063
202008 -0.058 108.243 -0.070
202011 -0.019 108.796 -0.023
202102 -0.028 109.745 -0.033
202105 -0.039 111.404 -0.046
202108 -0.046 112.668 -0.054
202111 -0.021 113.932 -0.024
202202 -0.027 115.986 -0.031
202205 -0.031 120.016 -0.034
202208 -0.026 120.569 -0.028
202211 -0.029 121.675 -0.031
202302 -0.032 122.070 -0.034
202305 -0.049 124.045 -0.052
202308 -0.054 125.389 -0.056
202311 -0.082 125.468 -0.086
202402 -0.088 125.468 -0.092
202405 -0.082 127.601 -0.084
202408 -0.084 127.838 -0.086
202411 -0.091 127.838 -0.093
202502 -0.094 128.786 -0.096
202505 -0.092 129.813 -0.093
202508 -0.092 130.208 -0.093
202511 -0.075 130.682 -0.075
202602 -0.078 131.077 -0.078

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.


Hawkeye Gold & Diamond Business Description

Other Exchanges HWKDF:USAHAWK:Canada
Address 1985 Alberni Street, M 202, Vancouver, BC, CAN, V6G 0A2
Hawkeye Gold & Diamond Inc is an exploration stage company. It is engaged in the business of exploration and the development of natural resources in Canada. The company's properties consist of Barkeville, BC Golden Triangle, Bonanza Property, and Others.