Frontier Lithium (FRA:HL2) Cyclically Adjusted PB Ratio: 4.74 (As of Aug. 02, 2026)

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FRA:HL2 Frontier Lithium Inc FRA:HL2
22 GF Score
Price €0.24
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What is Frontier Lithium Cyclically Adjusted PB Ratio?

Frontier Lithium FRA:HL2 +1.28% 22 Cyclically Adjusted PB Ratio is 4.74 as of Aug. 02, 2026. GuruFocus rates FRA:HL2 with a GF Score™ of 22/100. Among 1,535 Metals & Mining companies, Frontier Lithium ranks worse than 79.87% on this metric.

As of today (2026-08-02), Frontier Lithium's current share price is €0.237. Frontier Lithium's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.05. Frontier Lithium's Cyclically Adjusted PB Ratio for today is 4.74.

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

FRA:HL2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 4.8
Current: 4.8

During the past years, Frontier Lithium's highest Cyclically Adjusted PB Ratio was 4.80. The lowest was 0.00. And the median was 0.00.

FRA:HL2's Cyclically Adjusted PB Ratio is ranked worse than
79.87% of 1535 companies
in the Metals & Mining industry
Industry Median: 1.4 vs FRA:HL2: 4.80

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.

Frontier Lithium's adjusted book value per share data for the three months ended in Mar. 2026 was €-0.035. 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 €0.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Frontier Lithium  (FRA:HL2) 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.


Frontier Lithium Cyclically Adjusted PB Ratio Related Terms


Frontier Lithium Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Frontier Lithium'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.

Frontier Lithium Cyclically Adjusted PB Ratio Chart

Frontier Lithium Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.77 27.19 9.85 6.55 9.59

Frontier Lithium 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 6.55 5.77 6.68 8.14 9.59

Frontier Lithium Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Frontier Lithium'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.


Frontier Lithium Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


FRA:HL2
22GF Score
Frontier Lithium Inc FRA:HL2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Frontier Lithium 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.

Frontier Lithium's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.237/0.05
=4.74

* 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.

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

For example, Frontier Lithium'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)
=-0.035/132.2623*132.2623
=-0.035

Current CPI (Mar. 2026) = 132.2623.

Frontier Lithium Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.032 102.002 0.041
201609 0.030 101.765 0.039
201612 0.030 101.449 0.039
201703 0.033 102.634 0.043
201706 0.037 103.029 0.047
201709 0.039 103.345 0.050
201712 0.040 103.345 0.051
201803 0.037 105.004 0.047
201806 0.046 105.557 0.058
201809 0.047 105.636 0.059
201812 0.049 105.399 0.061
201903 0.049 106.979 0.061
201906 0.054 107.690 0.066
201909 0.055 107.611 0.068
201912 0.056 107.769 0.069
202003 0.004 107.927 0.005
202006 0.052 108.401 0.063
202009 0.054 108.164 0.066
202012 0.055 108.559 0.067
202103 0.036 110.298 0.043
202106 0.097 111.720 0.115
202109 0.095 112.905 0.111
202112 0.132 113.774 0.153
202203 0.080 117.646 0.090
202206 0.076 120.806 0.083
202209 0.062 120.648 0.068
202212 0.111 120.964 0.121
202303 0.100 122.702 0.108
202306 0.088 124.203 0.094
202309 0.072 125.230 0.076
202312 0.062 125.072 0.066
202403 0.042 126.258 0.044
202406 0.092 127.522 0.095
202409 0.080 127.285 0.083
202412 0.074 127.364 0.077
202503 -0.014 129.181 -0.014
202506 -0.020 129.892 -0.020
202509 -0.022 130.287 -0.022
202512 -0.030 130.366 -0.030
202603 -0.035 132.262 -0.035

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 4.74 mean?
Frontier Lithium (FRA:HL2) has a Cyclically Adjusted PB Ratio of 4.74 as of Aug. 02, 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 Frontier Lithium and its competitors. According to the industry distribution chart, Frontier Lithium ranks #1226 out of 1535 companies in the Metals & Mining industry, placing it in the top 79.9%.
Is Frontier Lithium's Cyclically Adjusted PB Ratio too high?
Frontier Lithium's current Cyclically Adjusted PB Ratio is 4.74. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. Frontier Lithium's value of 4.74 is 238.6% above this industry median. Based on the distribution chart, Frontier Lithium ranks #1226 out of 1535 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Frontier Lithium has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Frontier Lithium's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Frontier Lithium ranks #1226 out of 1535 companies for Cyclically Adjusted PB Ratio. This places Frontier Lithium in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.40. Frontier Lithium's value of 4.74 is 238.6% 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 1.40, based on 1,535 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. Frontier Lithium's current Cyclically Adjusted PB Ratio of 4.74 is 238.6% 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 Frontier Lithium and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontier Lithium's current Cyclically Adjusted PB Ratio is 4.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Lithium stock overvalued right now?
Frontier Lithium (FRA:HL2) has a current Cyclically Adjusted PB Ratio of 4.74. The current Cyclically Adjusted PB Ratio is 4.74 and 238.6% above the Metals & Mining industry median of 1.40. Frontier Lithium's overall GF Score™ is 22/100. 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 Frontier Lithium (FRA:HL2), the current Cyclically Adjusted PB Ratio is 4.74 as of Aug. 02, 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.

Frontier Lithium Business Description

Other Exchanges LITOF:USAFL:Canada
Address 2614 Belisle Drive, Val Caron, ON, CAN, P3N 1B3
Frontier Lithium Inc is engaged in the acquisition, exploration, and development of mining properties. The company has a land position on Electric Avenue, Ontario's newly emerging premium lithium-metal district hosted in the Canadian Shield of northwestern Ontario. The company projects include the PAK Lithium Project.
22GF 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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