AnorTech (FRA:HR50) Cyclically Adjusted PB Ratio: 1.40 (As of Aug. 11, 2026)

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What is AnorTech Cyclically Adjusted PB Ratio?

AnorTech FRA:HR50 -3.45% Cyclically Adjusted PB Ratio is 1.40 as of Aug. 11, 2026. Among 1,528 Metals & Mining companies, AnorTech ranks worse than 50.52% on this metric.

As of today (2026-08-11), AnorTech's current share price is €0.042. AnorTech's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.03. AnorTech's Cyclically Adjusted PB Ratio for today is 1.40.

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

FRA:HR50' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.58
Current: 1.58

During the past years, AnorTech's highest Cyclically Adjusted PB Ratio was 1.58. The lowest was 0.00. And the median was 0.00.

FRA:HR50's Cyclically Adjusted PB Ratio is ranked worse than
50.52% of 1528 companies
in the Metals & Mining industry
Industry Median: 1.555 vs FRA:HR50: 1.58

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.

AnorTech's adjusted book value per share data for the three months ended in Mar. 2026 was €0.006. 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 €0.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AnorTech  (FRA:HR50) 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.


AnorTech Cyclically Adjusted PB Ratio Related Terms


AnorTech Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AnorTech'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.

AnorTech Cyclically Adjusted PB Ratio Chart

AnorTech 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 0.82 0.49 0.69 0.53 1.30

AnorTech 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 0.53 0.45 0.64 0.65 1.30

AnorTech Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, AnorTech'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.


AnorTech Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



AnorTech 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.

AnorTech's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.042/0.03
=1.40

* 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.

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

For example, AnorTech'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)
=0.006/132.2623*132.2623
=0.006

Current CPI (Mar. 2026) = 132.2623.

AnorTech Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.017 102.002 0.022
201609 0.020 101.765 0.026
201612 0.014 101.449 0.018
201703 0.074 102.634 0.095
201706 0.054 103.029 0.069
201709 0.044 103.345 0.056
201712 0.046 103.345 0.059
201803 0.047 105.004 0.059
201806 0.096 105.557 0.120
201809 0.093 105.636 0.116
201812 0.093 105.399 0.117
201903 0.080 106.979 0.099
201906 0.083 107.690 0.102
201909 0.062 107.611 0.076
201912 0.050 107.769 0.061
202003 0.033 107.927 0.040
202006 0.032 108.401 0.039
202009 0.045 108.164 0.055
202012 0.048 108.559 0.058
202103 0.017 110.298 0.020
202106 0.012 111.720 0.014
202109 0.005 112.905 0.006
202112 -0.002 113.774 -0.002
202203 -0.003 117.646 -0.003
202206 -0.004 120.806 -0.004
202209 -0.004 120.648 -0.004
202212 -0.004 120.964 -0.004
202303 -0.004 122.702 -0.004
202306 0.013 124.203 0.014
202309 0.013 125.230 0.014
202312 0.013 125.072 0.014
202403 0.013 126.258 0.014
202406 0.012 127.522 0.012
202409 0.011 127.285 0.011
202412 0.010 127.364 0.010
202503 0.009 129.181 0.009
202506 0.008 129.892 0.008
202509 0.007 130.287 0.007
202512 0.006 130.366 0.006
202603 0.006 132.262 0.006

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 1.40 mean?
AnorTech (FRA:HR50) has a Cyclically Adjusted PB Ratio of 1.40 as of Aug. 11, 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 AnorTech and its competitors. According to the industry distribution chart, AnorTech ranks #772 out of 1528 companies in the Metals & Mining industry, placing it in the top 50.5%.
Is AnorTech's Cyclically Adjusted PB Ratio too high?
AnorTech's current Cyclically Adjusted PB Ratio is 1.40. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.56. AnorTech's value of 1.40 is 10% below this industry median. Based on the distribution chart, AnorTech ranks #772 out of 1528 companies in the Metals & Mining industry, which is below the industry midpoint.
How does AnorTech's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, AnorTech ranks #772 out of 1528 companies for Cyclically Adjusted PB Ratio. This places AnorTech in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. AnorTech's value of 1.40 is 10% 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 1.56, based on 1,528 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. AnorTech's current Cyclically Adjusted PB Ratio of 1.40 is 10% 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 AnorTech and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AnorTech's current Cyclically Adjusted PB Ratio is 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AnorTech stock overvalued right now?
AnorTech (FRA:HR50) has a current Cyclically Adjusted PB Ratio of 1.40. The current Cyclically Adjusted PB Ratio is 1.40 and 10% below the Metals & Mining industry median of 1.56. 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 AnorTech (FRA:HR50), the current Cyclically Adjusted PB Ratio is 1.40 as of Aug. 11, 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.

AnorTech Business Description

Other Exchanges ANORF:USA0V0E:UKANOR:Canada
Address 701 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V7Y 1C6
AnorTech Inc is a Canadian-based technology company focused on developing and mining mineral resources located in Greenland. The company is focused on a single segment, namely the exploration, evaluation, and development of resource properties in Greenland.