New Frontier Ventures (FRA:S1O) Cyclically Adjusted PB Ratio: (As of Aug. 17, 2026)

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What is New Frontier Ventures Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


New Frontier Ventures  (FRA:S1O) 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.


New Frontier Ventures Cyclically Adjusted PB Ratio Related Terms


New Frontier Ventures Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for New Frontier Ventures'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.

New Frontier Ventures Cyclically Adjusted PB Ratio Chart

New Frontier Ventures 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 0.00 0.00 0.00 0.00 0.00

New Frontier Ventures Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 0.00 0.00 0.00 0.00

FRA:S1O vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, New Frontier Ventures'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.


New Frontier Ventures Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, New Frontier Ventures's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where New Frontier Ventures's Cyclically Adjusted PB Ratio falls into.



New Frontier Ventures 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.

New Frontier Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, New Frontier Ventures's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-0.05/130.3661*130.3661
=-0.050

Current CPI (Dec. 2025) = 130.3661.

New Frontier Ventures Quarterly Data

Book Value per Share CPI Adj_Book
201603 -16.998 101.054 -21.929
201606 -18.162 102.002 -23.212
201609 -16.889 101.765 -21.636
201612 -18.482 101.449 -23.750
201703 -19.453 102.634 -24.709
201706 -19.417 103.029 -24.569
201709 -19.105 103.345 -24.100
201712 -22.673 103.345 -28.601
201803 -22.627 105.004 -28.092
201806 -20.483 105.557 -25.297
201809 -21.404 105.636 -26.415
201812 -21.521 105.399 -26.619
201903 -22.667 106.979 -27.622
201906 -24.298 107.690 -29.414
201909 -31.471 107.611 -38.126
201912 -19.815 107.769 -23.970
202003 -18.967 107.927 -22.910
202006 -0.044 108.401 -0.053
202009 -0.002 108.164 -0.002
202012 -0.011 108.559 -0.013
202103 -0.022 110.298 -0.026
202106 -0.041 111.720 -0.048
202109 -0.052 112.905 -0.060
202112 -0.063 113.774 -0.072
202203 -0.075 117.646 -0.083
202206 -0.088 120.806 -0.095
202209 -0.098 120.648 -0.106
202212 -0.103 120.964 -0.111
202303 -0.107 122.702 -0.114
202306 -0.123 124.203 -0.129
202309 -0.034 125.230 -0.035
202312 -0.040 125.072 -0.042
202403 -0.042 126.258 -0.043
202406 -0.045 127.522 -0.046
202409 -0.046 127.285 -0.047
202412 -0.049 127.364 -0.050
202503 -0.048 129.181 -0.048
202506 -0.048 129.892 -0.048
202509 -0.048 130.287 -0.048
202512 -0.050 130.366 -0.050

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.


New Frontier Ventures Business Description

Other Exchanges VFI.X:Canada
Address 121 King Street West, Suite 2150, Toronto, ON, CAN, M5H 3T9
New Frontier Ventures Inc is currently looking for new business.