Platinum Group Metals (FRA:P6MB) Cyclically Adjusted PB Ratio: (As of Jul. 17, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:P6MB Platinum Group Metals Ltd FRA:P6MB
28 GF Score
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What is Platinum Group Metals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Platinum Group Metals  (FRA:P6MB) 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.


Platinum Group Metals Cyclically Adjusted PB Ratio Related Terms


Platinum Group Metals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Platinum Group 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.

Platinum Group Metals Cyclically Adjusted PB Ratio Chart

Platinum Group Metals Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.05 0.06 0.08 0.19

Platinum Group Metals Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.14 0.19 0.37 0.52 0.00

FRA:P6MB vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Platinum Group 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.


Platinum Group Metals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


FRA:P6MB
28GF Score
Platinum Group Metals Ltd FRA:P6MB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Platinum Group 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.

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

For example, Platinum Group Metals's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0.477/134.0005*134.0005
=0.477

Current CPI (May. 2026) = 134.0005.

Platinum Group Metals Quarterly Data

Book Value per Share CPI Adj_Book
201608 38.223 101.686 50.370
201611 35.857 101.607 47.289
201702 31.861 102.476 41.663
201705 16.540 103.108 21.496
201708 -0.648 103.108 -0.842
201711 -0.265 103.740 -0.342
201802 -0.449 104.688 -0.575
201805 -0.733 105.399 -0.932
201808 -0.913 106.031 -1.154
201811 -1.174 105.478 -1.491
201902 -1.057 106.268 -1.333
201905 -1.085 107.927 -1.347
201908 -0.255 108.085 -0.316
201911 -0.227 107.769 -0.282
202002 -0.221 108.559 -0.273
202005 -0.311 107.532 -0.388
202008 -0.267 108.243 -0.331
202011 -0.066 108.796 -0.081
202102 0.028 109.745 0.034
202105 0.049 111.404 0.059
202108 0.021 112.668 0.025
202111 0.081 113.932 0.095
202202 0.304 115.986 0.351
202205 0.360 120.016 0.402
202208 0.324 120.569 0.360
202211 0.320 121.675 0.352
202302 0.271 122.070 0.297
202305 0.232 124.045 0.251
202308 0.235 125.389 0.251
202311 0.242 125.468 0.258
202402 0.230 125.468 0.246
202405 0.225 127.601 0.236
202408 0.237 127.838 0.248
202411 0.221 127.838 0.232
202502 0.212 128.786 0.221
202505 0.235 129.813 0.243
202508 0.272 130.208 0.280
202511 0.328 130.682 0.336
202602 0.482 131.077 0.493
202605 0.477 134.001 0.477

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.


Platinum Group Metals Business Description

Address 1100 Melville Street, Suite 838, Vancouver, BC, CAN, V6E 4A6
Platinum Group Metals Ltd is a development-stage company, conducts work on mineral properties it has staked or acquired by way of option agreements in the Republic of South Africa. Key metals of economic interest on the company's mineral properties include platinum, palladium, rhodium, gold, copper, and nickel. The company operates in one segment, the development of the Waterberg Project in South Africa, and geographically in Canada and South Africa.
28GF 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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