Northern Lion Gold (FRA:N3EN) Cyclically Adjusted PB Ratio: 10.50 (As of Aug. 09, 2026)

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FRA:N3EN Northern Lion Gold Corp FRA:N3EN
33 GF Score
Price €0.11
! 1 Warning Sign
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What is Northern Lion Gold Cyclically Adjusted PB Ratio?

Northern Lion Gold FRA:N3EN 33 Cyclically Adjusted PB Ratio is 10.50 as of Aug. 09, 2026. GuruFocus rates FRA:N3EN with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 1,529 Metals & Mining companies, Northern Lion Gold ranks worse than 88.69% on this metric.

As of today (2026-08-09), Northern Lion Gold's current share price is €0.105. Northern Lion Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.01. Northern Lion Gold's Cyclically Adjusted PB Ratio for today is 10.50.

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

FRA:N3EN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 8.57
Current: 8.57

During the past years, Northern Lion Gold's highest Cyclically Adjusted PB Ratio was 8.57. The lowest was 0.00. And the median was 0.00.

FRA:N3EN's Cyclically Adjusted PB Ratio is ranked worse than
88.69% of 1529 companies
in the Metals & Mining industry
Industry Median: 1.54 vs FRA:N3EN: 8.57

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.

Northern Lion Gold's adjusted book value per share data for the three months ended in Mar. 2026 was €-0.009. 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 €0.01 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Northern Lion Gold  (FRA:N3EN) 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.


Northern Lion Gold Cyclically Adjusted PB Ratio Related Terms


Northern Lion Gold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Northern Lion Gold'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.

Northern Lion Gold Cyclically Adjusted PB Ratio Chart

Northern Lion Gold 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 0.55 0.50 0.00 2.77 12.16

Northern Lion Gold 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 5.53 6.86 6.46 12.16 12.21

Northern Lion Gold Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Northern Lion Gold'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.


Northern Lion Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


FRA:N3EN
33GF Score
Northern Lion Gold Corp FRA:N3EN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Lion Gold 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.

Northern Lion Gold's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.105/0.01
=10.50

* 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.

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

For example, Northern Lion Gold'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)
=-0.009/132.2623*132.2623
=-0.009

Current CPI (Mar. 2026) = 132.2623.

Northern Lion Gold Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.010 102.002 -0.013
201609 -0.018 101.765 -0.023
201612 0.041 101.449 0.053
201703 0.047 102.634 0.061
201706 0.056 103.029 0.072
201709 0.053 103.345 0.068
201712 0.043 103.345 0.055
201803 0.040 105.004 0.050
201806 0.037 105.557 0.046
201809 0.032 105.636 0.040
201812 0.026 105.399 0.033
201903 0.022 106.979 0.027
201906 0.019 107.690 0.023
201909 0.016 107.611 0.020
201912 0.011 107.769 0.013
202003 0.008 107.927 0.010
202006 0.005 108.401 0.006
202009 0.002 108.164 0.002
202012 -0.002 108.559 -0.002
202103 -0.005 110.298 -0.006
202106 -0.008 111.720 -0.009
202109 -0.013 112.905 -0.015
202112 0.039 113.774 0.045
202203 0.037 117.646 0.042
202206 0.035 120.806 0.038
202209 0.034 120.648 0.037
202212 0.028 120.964 0.031
202303 0.024 122.702 0.026
202306 0.022 124.203 0.023
202309 0.020 125.230 0.021
202312 0.000 125.072 0.000
202403 -0.002 126.258 -0.002
202406 -0.002 127.522 -0.002
202409 -0.002 127.285 -0.002
202412 -0.004 127.364 -0.004
202503 -0.005 129.181 -0.005
202506 -0.005 129.892 -0.005
202509 -0.005 130.287 -0.005
202512 -0.008 130.366 -0.008
202603 -0.009 132.262 -0.009

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 10.50 mean?
Northern Lion Gold (FRA:N3EN) has a Cyclically Adjusted PB Ratio of 10.50 as of Aug. 09, 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 Northern Lion Gold and its competitors. According to the industry distribution chart, Northern Lion Gold ranks #1356 out of 1529 companies in the Metals & Mining industry, placing it in the top 88.7%.
Is Northern Lion Gold's Cyclically Adjusted PB Ratio too high?
Northern Lion Gold's current Cyclically Adjusted PB Ratio is 10.50. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.54. Northern Lion Gold's value of 10.50 is 581.8% above this industry median. Based on the distribution chart, Northern Lion Gold ranks #1356 out of 1529 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Northern Lion Gold has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Northern Lion Gold's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Northern Lion Gold ranks #1356 out of 1529 companies for Cyclically Adjusted PB Ratio. This places Northern Lion Gold in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. Northern Lion Gold's value of 10.50 is 581.8% 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 1.54, based on 1,529 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. Northern Lion Gold's current Cyclically Adjusted PB Ratio of 10.50 is 581.8% 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 Northern Lion Gold and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Lion Gold's current Cyclically Adjusted PB Ratio is 10.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Lion Gold stock overvalued right now?
Northern Lion Gold (FRA:N3EN) has a current Cyclically Adjusted PB Ratio of 10.50. The current Cyclically Adjusted PB Ratio is 10.50 and 581.8% above the Metals & Mining industry median of 1.54. Northern Lion Gold's overall GF Score™ is 33/100 with 1 warning sign to review. 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 Northern Lion Gold (FRA:N3EN), the current Cyclically Adjusted PB Ratio is 10.50 as of Aug. 09, 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.

Northern Lion Gold Business Description

Other Exchanges N3EN:GermanyNL:Canada
Address 67 East 5th Avenue, Vancouver, BC, CAN, V5T 1G7
Northern Lion Gold Corp is a mineral exploration company. It is focused on acquiring, exploring, and developing mineral properties in Canada. The group has a business presence in Canada and the Republic of Cyprus.
33GF Score

Get the complete analysis for FRA:N3EN

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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