NexMetals Mining (FRA:R101) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:R101 NexMetals Mining Corp FRA:R101
28 GF Score
Price €1.95
! 2 Warning Signs
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What is NexMetals Mining Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


NexMetals Mining  (FRA:R101) 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.


NexMetals Mining Cyclically Adjusted PB Ratio Related Terms


NexMetals Mining Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NexMetals Mining'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.

NexMetals Mining Cyclically Adjusted PB Ratio Chart

NexMetals Mining 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 - 0.33 0.29 0.13 0.10

NexMetals Mining 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 0.14 0.12 0.08 0.06 0.06

NexMetals Mining Cyclically Adjusted PB Ratio Competitor Comparison

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


NexMetals Mining Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


FRA:R101
28GF Score
NexMetals Mining Corp FRA:R101
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NexMetals Mining 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.

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

For example, NexMetals Mining'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)
=1.067/133.5265*133.5265
=1.067

Current CPI (Jun. 2026) = 133.5265.

NexMetals Mining Quarterly Data

Book Value per Share CPI Adj_Book
201609 76.812 101.765 100.786
201612 78.852 101.449 103.785
201703 77.237 102.634 100.485
201706 66.139 103.029 85.717
201709 64.361 103.345 83.158
201712 62.483 103.345 80.731
201803 58.663 105.004 74.598
201806 56.247 105.557 71.151
201809 56.783 105.636 71.775
201812 53.937 105.399 68.331
201903 -18.244 106.979 -22.771
201906 55.563 107.690 68.893
201909 56.713 107.611 70.371
201912 30.086 107.769 37.277
202003 27.814 107.927 34.411
202006 27.801 108.401 34.245
202009 22.526 108.164 27.808
202012 22.443 108.559 27.605
202103 22.622 110.298 27.386
202106 22.043 111.720 26.346
202109 21.868 112.905 25.862
202112 -3.919 113.774 -4.599
202203 21.824 117.646 24.770
202206 21.945 120.806 24.256
202209 6.171 120.648 6.830
202212 3.223 120.964 3.558
202303 3.519 122.702 3.829
202306 4.400 124.203 4.730
202309 4.069 125.230 4.339
202312 4.668 125.072 4.984
202403 0.057 126.258 0.060
202406 1.368 127.522 1.432
202409 0.549 127.285 0.576
202412 -0.252 127.364 -0.264
202503 1.546 129.181 1.598
202506 1.063 129.892 1.093
202509 0.616 130.287 0.631
202512 1.451 130.366 1.486
202603 1.251 132.262 1.263
202606 1.067 133.527 1.067

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.


NexMetals Mining Business Description

Other Exchanges NEXM:USANEXM:Canada
Address 595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1
NexMetals Mining Corp is a mineral exploration and development company focused on discovering and advancing high-quality copper-nickel-cobalt-platinum element metals (Cu- Cu-Ni-Co-PGE) resources. The group prioritizes projects in stable, mining-friendly jurisdictions with supportive foreign investment and rule-of-law standards. Its projects are Botswana and Canada.
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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