Smooth Rock Ventures (FRA:YT10) Cyclically Adjusted PB Ratio: 0.84 (As of Aug. 19, 2026)

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FRA:YT10 Smooth Rock Ventures Corp FRA:YT10
39 GF Score
Price €0.12
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What is Smooth Rock Ventures Cyclically Adjusted PB Ratio?

Smooth Rock Ventures FRA:YT10 39 Cyclically Adjusted PB Ratio is 0.84 as of Aug. 19, 2026. GuruFocus rates FRA:YT10 with a GF Score™ of 39/100. Among 1,519 Metals & Mining companies, Smooth Rock Ventures ranks better than 58.85% on this metric.

As of today (2026-08-19), Smooth Rock Ventures's current share price is €0.117. Smooth Rock Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.14. Smooth Rock Ventures's Cyclically Adjusted PB Ratio for today is 0.84.

The historical rank and industry rank for Smooth Rock Ventures's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:YT10' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.02
Current: 1.02

During the past years, Smooth Rock Ventures's highest Cyclically Adjusted PB Ratio was 1.02. The lowest was 0.00. And the median was 0.00.

FRA:YT10's Cyclically Adjusted PB Ratio is ranked better than
58.85% of 1519 companies
in the Metals & Mining industry
Industry Median: 1.52 vs FRA:YT10: 1.02

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.

Smooth Rock Ventures's adjusted book value per share data for the three months ended in Mar. 2026 was €0.048. 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 €0.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Smooth Rock Ventures  (FRA:YT10) 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.


Smooth Rock Ventures Cyclically Adjusted PB Ratio Related Terms


Smooth Rock Ventures Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Smooth Rock 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.

Smooth Rock Ventures Cyclically Adjusted PB Ratio Chart

Smooth Rock 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 0.42 0.14 0.49 0.64 0.92

Smooth Rock Ventures 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 0.70 1.14 0.63 0.92 2.04

Smooth Rock Ventures Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Smooth Rock 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.


Smooth Rock Ventures Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


FRA:YT10
39GF Score
Smooth Rock Ventures Corp FRA:YT10
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Smooth Rock 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.

Smooth Rock Ventures's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.117/0.14
=0.84

* 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.

Smooth Rock Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Smooth Rock Ventures'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)
=0.048/132.2623*132.2623
=0.048

Current CPI (Mar. 2026) = 132.2623.

Smooth Rock Ventures Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.310 102.002 0.402
201609 0.311 101.765 0.404
201612 0.333 101.449 0.434
201703 0.321 102.634 0.414
201706 0.288 103.029 0.370
201709 0.257 103.345 0.329
201712 0.034 103.345 0.044
201803 0.108 105.004 0.136
201806 0.111 105.557 0.139
201809 0.111 105.636 0.139
201812 0.011 105.399 0.014
201903 0.010 106.979 0.012
201906 0.105 107.690 0.129
201909 0.099 107.611 0.122
201912 0.091 107.769 0.112
202003 0.099 107.927 0.121
202006 0.116 108.401 0.142
202009 0.120 108.164 0.147
202012 0.117 108.559 0.143
202103 0.119 110.298 0.143
202106 0.130 111.720 0.154
202109 0.126 112.905 0.148
202112 0.119 113.774 0.138
202203 0.118 117.646 0.133
202206 0.108 120.806 0.118
202209 0.091 120.648 0.100
202212 0.077 120.964 0.084
202303 0.070 122.702 0.075
202306 0.066 124.203 0.070
202309 0.060 125.230 0.063
202312 0.053 125.072 0.056
202403 0.051 126.258 0.053
202406 0.050 127.522 0.052
202409 0.049 127.285 0.051
202412 0.024 127.364 0.025
202503 0.022 129.181 0.023
202506 0.019 129.892 0.019
202509 0.017 130.287 0.017
202512 0.015 130.366 0.015
202603 0.048 132.262 0.048

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 0.84 mean?
Smooth Rock Ventures (FRA:YT10) has a Cyclically Adjusted PB Ratio of 0.84 as of Aug. 19, 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 Smooth Rock Ventures and its competitors. According to the industry distribution chart, Smooth Rock Ventures ranks #625 out of 1519 companies in the Metals & Mining industry, placing it in the top 41.1%.
Is Smooth Rock Ventures' Cyclically Adjusted PB Ratio too high?
Smooth Rock Ventures' current Cyclically Adjusted PB Ratio is 0.84. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.52. Smooth Rock Ventures' value of 0.84 is 44.7% below this industry median. Based on the distribution chart, Smooth Rock Ventures ranks #625 out of 1519 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Smooth Rock Ventures has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Smooth Rock Ventures' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Smooth Rock Ventures ranks #625 out of 1519 companies for Cyclically Adjusted PB Ratio. This puts Smooth Rock Ventures in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. Smooth Rock Ventures' value of 0.84 is 44.7% 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 1.52, based on 1,519 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. Smooth Rock Ventures's current Cyclically Adjusted PB Ratio of 0.84 is 44.7% 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 Smooth Rock Ventures and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smooth Rock Ventures's current Cyclically Adjusted PB Ratio is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smooth Rock Ventures stock overvalued right now?
Smooth Rock Ventures (FRA:YT10) has a current Cyclically Adjusted PB Ratio of 0.84. The current Cyclically Adjusted PB Ratio is 0.84 and 44.7% below the Metals & Mining industry median of 1.52. Smooth Rock Ventures' overall GF Score™ is 39/100. 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 Smooth Rock Ventures (FRA:YT10), the current Cyclically Adjusted PB Ratio is 0.84 as of Aug. 19, 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.

Smooth Rock Ventures Business Description

Other Exchanges SMRVF:USASMRV:Canada
Address 1130 West Pender Street, Suite 820, Vancouver, BC, CAN, V6E 4A4
Smooth Rock Ventures Corp is an exploration-stage company. Its activity is the acquisition and exploration of exploration and evaluation assets. Its projects are Palmetto Gold, and Giroux.
39GF 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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