Nickel Creek Platinum (FRA:P94) Cyclically Adjusted PB Ratio: (As of Jul. 30, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:P94 Nickel Creek Platinum Corp FRA:P94
28 GF Score
Price €0.83
! 2 Warning Signs
View Full Analysis

What is Nickel Creek Platinum Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nickel Creek Platinum  (FRA:P94) 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.


Nickel Creek Platinum Cyclically Adjusted PB Ratio Related Terms


Nickel Creek Platinum Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nickel Creek Platinum'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.

Nickel Creek Platinum Cyclically Adjusted PB Ratio Chart

Nickel Creek Platinum 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 0.15 0.16 0.06 0.03 0.24

Nickel Creek Platinum Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.07 0.14 0.24 0.21 0.00

Nickel Creek Platinum Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Nickel Creek Platinum'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.


Nickel Creek Platinum Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


FRA:P94
28GF Score
Nickel Creek Platinum Corp FRA:P94
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nickel Creek Platinum 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.

Nickel Creek Platinum's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nickel Creek Platinum's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.054/134.0005*134.0005
=0.054

Current CPI (Jun. 2026) = 134.0005.

Nickel Creek Platinum Quarterly Data

Book Value per Share CPI Adj_Book
201609 21.628 101.765 28.479
201612 19.260 101.449 25.440
201703 18.503 102.634 24.158
201706 17.417 103.029 22.653
201709 17.651 103.345 22.887
201712 16.918 103.345 21.936
201803 15.768 105.004 20.122
201806 16.140 105.557 20.489
201809 8.065 105.636 10.231
201812 7.827 105.399 9.951
201903 7.636 106.979 9.565
201906 7.529 107.690 9.368
201909 6.969 107.611 8.678
201912 6.793 107.769 8.446
202003 6.323 107.927 7.851
202006 5.607 108.401 6.931
202009 5.403 108.164 6.694
202012 5.301 108.559 6.543
202103 5.425 110.298 6.591
202106 5.564 111.720 6.674
202109 5.437 112.905 6.453
202112 5.529 113.774 6.512
202203 5.656 117.646 6.442
202206 5.738 120.806 6.365
202209 5.850 120.648 6.497
202212 0.200 120.964 0.222
202303 5.189 122.702 5.667
202306 5.064 124.203 5.463
202309 4.991 125.230 5.341
202312 -0.026 125.072 -0.028
202403 4.469 126.258 4.743
202406 4.420 127.522 4.645
202409 3.976 127.285 4.186
202412 -0.025 127.364 -0.026
202503 -0.046 129.181 -0.048
202506 -0.034 129.892 -0.035
202509 -0.043 130.287 -0.044
202512 0.096 130.366 0.099
202603 0.078 132.262 0.079
202606 0.054 134.001 0.054

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.


Nickel Creek Platinum Business Description

Other Exchanges NCPCF:USANCP:Canada
Address 2896 South Sheridan Way, Suite 202, Oakville, ON, CAN, L6J 7T4
Nickel Creek Platinum Corp is a Canadian involved in mining exploration, evaluation, and development of platinum group metal and nickel mineral properties. It is focused on advancing its 100% owned Nickel Shaw project with a view to creating Canada's next world-class nickel sulphide mine. The project has exceptional access to infrastructure, located three hours west of Whitehorse via the paved Alaska Highway, which further offers year-round access to deep-sea shipping ports in southern Alaska.
28GF Score

Get the complete analysis for FRA:P94

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

€0.83
Price