Bathurst Metals (FRA:J1Q0) Cyclically Adjusted PB Ratio: (As of Sep. 03, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is Bathurst Metals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bathurst Metals  (FRA:J1Q0) 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.


Bathurst Metals Cyclically Adjusted PB Ratio Related Terms


Bathurst Metals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bathurst Metals'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.

Bathurst Metals Cyclically Adjusted PB Ratio Chart

Bathurst Metals Annual Data
Trend Sep13 Sep14 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.90 4.36 13.14 0.00

Bathurst Metals 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 0.00 0.00 0.00 0.00 0.00

Bathurst Metals Cyclically Adjusted PB Ratio Competitor Comparison

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


Bathurst Metals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Bathurst Metals 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.

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

For example, Bathurst Metals'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)
=0.036/132.2623*132.2623
=0.036

Current CPI (Mar. 2026) = 132.2623.

Bathurst Metals Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.088 97.182 0.120
201309 -0.071 97.419 -0.096
201312 -0.069 96.945 -0.094
201403 -0.069 98.604 -0.093
201406 -0.076 99.473 -0.101
201409 -0.086 99.394 -0.114
201412 -0.089 98.367 -0.120
201503 -0.095 99.789 -0.126
201506 -0.094 100.500 -0.124
201809 -0.091 105.636 -0.114
201812 0.000 105.399 0.000
201903 0.000 106.979 0.000
201906 0.000 107.690 0.000
201909 -0.059 107.611 -0.073
201912 -0.061 107.769 -0.075
202003 -0.060 107.927 -0.074
202006 -0.062 108.401 -0.076
202009 0.002 108.164 0.002
202012 0.018 108.559 0.022
202103 0.019 110.298 0.023
202106 0.017 111.720 0.020
202109 0.013 112.905 0.015
202112 0.025 113.774 0.029
202203 0.022 117.646 0.025
202206 0.020 120.806 0.022
202209 0.019 120.648 0.021
202212 0.024 120.964 0.026
202303 0.036 122.702 0.039
202306 0.033 124.203 0.035
202309 0.030 125.230 0.032
202312 0.034 125.072 0.036
202403 0.036 126.258 0.038
202406 0.034 127.522 0.035
202409 0.030 127.285 0.031
202412 0.027 127.364 0.028
202503 0.029 129.181 0.030
202506 0.026 129.892 0.026
202509 0.026 130.287 0.026
202512 0.025 130.366 0.025
202603 0.036 132.262 0.036

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.


Bathurst Metals Business Description

Other Exchanges BMVVF:USABMV:Canada
Address 700-1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5
Bathurst Metals Corp is an exploration-stage company. It is engaged in the acquisition, exploration, and development of mineral properties located in British Columbia and Navanut, Canada. The company holds an interest in the Turner Lake, TED, McGregor Lake, Speers Lake, Gela Lake, and McAvoy Lake Projects in Nunavut and the Peerless Property a gold /silver prospect in the historic Bralorne Camp in British Columbia.