Northern Shield Resources (FRA:N9SA) Cyclically Adjusted PB Ratio: 0.50 (As of Aug. 06, 2026)

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What is Northern Shield Resources Cyclically Adjusted PB Ratio?

Northern Shield Resources FRA:N9SA -16.67% Cyclically Adjusted PB Ratio is 0.50 as of Aug. 06, 2026. The stock has 1 warning sign investors should review. Among 1,534 Metals & Mining companies, Northern Shield Resources ranks better than 67.6% on this metric.

As of today (2026-08-06), Northern Shield Resources's current share price is €0.015. Northern Shield Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.03. Northern Shield Resources's Cyclically Adjusted PB Ratio for today is 0.50.

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

FRA:N9SA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.64
Current: 0.64

During the past years, Northern Shield Resources's highest Cyclically Adjusted PB Ratio was 0.64. The lowest was 0.00. And the median was 0.00.

FRA:N9SA's Cyclically Adjusted PB Ratio is ranked better than
67.6% of 1534 companies
in the Metals & Mining industry
Industry Median: 1.41 vs FRA:N9SA: 0.64

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 Shield Resources's adjusted book value per share data for the three months ended in Mar. 2026 was €0.019. 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


Northern Shield Resources  (FRA:N9SA) 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 Shield Resources Cyclically Adjusted PB Ratio Related Terms


Northern Shield Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Northern Shield Resources'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 Shield Resources Cyclically Adjusted PB Ratio Chart

Northern Shield Resources 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 1.86 0.35 0.36 0.60 1.03

Northern Shield Resources 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 0.55 1.56 0.74 1.03 0.64

Northern Shield Resources Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Northern Shield Resources'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 Shield Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Northern Shield Resources 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 Shield Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.015/0.03
=0.50

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

For example, Northern Shield Resources'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)
=0.019/132.2623*132.2623
=0.019

Current CPI (Mar. 2026) = 132.2623.

Northern Shield Resources Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.030 102.002 0.039
201609 0.049 101.765 0.064
201612 0.060 101.449 0.078
201703 0.056 102.634 0.072
201706 0.050 103.029 0.064
201709 0.049 103.345 0.063
201712 0.044 103.345 0.056
201803 0.037 105.004 0.047
201806 0.031 105.557 0.039
201809 0.030 105.636 0.038
201812 0.026 105.399 0.033
201903 0.027 106.979 0.033
201906 0.028 107.690 0.034
201909 0.030 107.611 0.037
201912 0.032 107.769 0.039
202003 0.033 107.927 0.040
202006 0.031 108.401 0.038
202009 0.057 108.164 0.070
202012 0.058 108.559 0.071
202103 0.059 110.298 0.071
202106 0.058 111.720 0.069
202109 0.061 112.905 0.071
202112 0.064 113.774 0.074
202203 0.064 117.646 0.072
202206 0.065 120.806 0.071
202209 0.064 120.648 0.070
202212 0.053 120.964 0.058
202303 0.051 122.702 0.055
202306 0.049 124.203 0.052
202309 0.047 125.230 0.050
202312 0.043 125.072 0.045
202403 0.041 126.258 0.043
202406 0.018 127.522 0.019
202409 0.018 127.285 0.019
202412 0.017 127.364 0.018
202503 0.015 129.181 0.015
202506 0.017 129.892 0.017
202509 0.016 130.287 0.016
202512 0.017 130.366 0.017
202603 0.019 132.262 0.019

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 0.50 mean?
Northern Shield Resources (FRA:N9SA) has a Cyclically Adjusted PB Ratio of 0.50 as of Aug. 06, 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 Shield Resources and its competitors. According to the industry distribution chart, Northern Shield Resources ranks #497 out of 1534 companies in the Metals & Mining industry, placing it in the top 32.4%.
Is Northern Shield Resources' Cyclically Adjusted PB Ratio too high?
Northern Shield Resources' current Cyclically Adjusted PB Ratio is 0.50. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.41. Northern Shield Resources' value of 0.50 is 64.5% below this industry median. Based on the distribution chart, Northern Shield Resources ranks #497 out of 1534 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Northern Shield Resources' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Northern Shield Resources ranks #497 out of 1534 companies for Cyclically Adjusted PB Ratio. This puts Northern Shield Resources in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.41. Northern Shield Resources' value of 0.50 is 64.5% 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 1.41, based on 1,534 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 Shield Resources's current Cyclically Adjusted PB Ratio of 0.50 is 64.5% 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 Northern Shield Resources and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Shield Resources's current Cyclically Adjusted PB Ratio is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Shield Resources stock overvalued right now?
Northern Shield Resources (FRA:N9SA) has a current Cyclically Adjusted PB Ratio of 0.50. The current Cyclically Adjusted PB Ratio is 0.50 and 64.5% below the Metals & Mining industry median of 1.41. 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 Shield Resources (FRA:N9SA), the current Cyclically Adjusted PB Ratio is 0.50 as of Aug. 06, 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 Shield Resources Business Description

Other Exchanges NSHRF:USANRN:Canada
Address 150 Elgin Street, 10th Floor, Ottawa, ON, CAN, K2P 1L4
Northern Shield Resources Inc is a Canadian-based company engaged in generating high-quality exploration targets that views greenfield exploration as an opportunity. It is in the business of identifying, acquiring, and exploring mineral properties located in Eastern Canada. The company has one operating segment involved in the exploration of resource properties. All its exploration activities were in Canada. It holds an interest in Root & Cellar, CSM, and IDEFIX properties.