Luca Mining (FRA:Z68) Cyclically Adjusted PB Ratio: 0.94 (As of Aug. 04, 2026) — 42% Above Median

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FRA:Z68 Luca Mining Corp FRA:Z68
40 GF Score
Price €0.49
GF Value €0.59
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Luca Mining Cyclically Adjusted PB Ratio?

Luca Mining FRA:Z68 -1.13% 40 Cyclically Adjusted PB Ratio is 0.94 as of Aug. 04, 2026, which is 42% above its 10-year median of 0.66. GuruFocus rates FRA:Z68 with a GF Score™ of 40/100 and a GF Value™ of €0.59 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,535 Metals & Mining companies, Luca Mining ranks better than 60.78% on this metric.

As of today (2026-08-04), Luca Mining's current share price is €0.4886. Luca Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.52. Luca Mining's Cyclically Adjusted PB Ratio for today is 0.94.

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

FRA:Z68' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.66   Max: 2.32
Current: 0.89

During the past years, Luca Mining's highest Cyclically Adjusted PB Ratio was 2.32. The lowest was 0.10. And the median was 0.66.

FRA:Z68's Cyclically Adjusted PB Ratio is ranked better than
60.78% of 1535 companies
in the Metals & Mining industry
Industry Median: 1.4 vs FRA:Z68: 0.89

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.

Luca Mining's adjusted book value per share data for the three months ended in Mar. 2026 was €0.236. 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 €0.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Luca Mining  (FRA:Z68) 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.


Luca Mining Cyclically Adjusted PB Ratio Related Terms


Luca Mining Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Luca 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.

Luca Mining Cyclically Adjusted PB Ratio Chart

Luca Mining Annual Data
Trend Feb16 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 1.90 0.51 0.46 0.71 1.68

Luca Mining 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 1.55 1.59 1.86 1.68 1.55

Luca Mining Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Luca 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.


Luca Mining Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


FRA:Z68
40GF Score
Luca Mining Corp FRA:Z68
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Luca 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.

Luca Mining's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.4886/0.52
=0.94

* 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.

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

For example, Luca Mining'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)
=0.236/132.2623*132.2623
=0.236

Current CPI (Mar. 2026) = 132.2623.

Luca Mining Quarterly Data

Book Value per Share CPI Adj_Book
201602 -0.009 100.421 -0.012
201605 0.052 101.765 0.068
201608 0.003 101.686 0.004
201703 -0.138 102.634 -0.178
201706 9.395 103.029 12.061
201709 7.280 103.345 9.317
201712 0.079 103.345 0.101
201803 0.023 105.004 0.029
201806 0.046 105.557 0.058
201809 -0.154 105.636 -0.193
201812 0.178 105.399 0.223
201903 0.193 106.979 0.239
201906 0.059 107.690 0.072
201909 -0.008 107.611 -0.010
201912 -0.953 107.769 -1.170
202003 -0.787 107.927 -0.964
202006 -0.808 108.401 -0.986
202009 -0.680 108.164 -0.831
202012 -0.754 108.559 -0.919
202103 -0.278 110.298 -0.333
202106 -0.019 111.720 -0.022
202109 0.114 112.905 0.134
202112 0.661 113.774 0.768
202203 0.726 117.646 0.816
202206 0.756 120.806 0.828
202209 0.825 120.648 0.904
202212 0.567 120.964 0.620
202303 0.934 122.702 1.007
202306 0.294 124.203 0.313
202309 0.275 125.230 0.290
202312 0.255 125.072 0.270
202403 0.279 126.258 0.292
202406 0.305 127.522 0.316
202409 0.290 127.285 0.301
202412 0.227 127.364 0.236
202503 0.266 129.181 0.272
202506 0.247 129.892 0.252
202509 0.199 130.287 0.202
202512 0.186 130.366 0.189
202603 0.236 132.262 0.236

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 0.94 mean?
Luca Mining (FRA:Z68) has a Cyclically Adjusted PB Ratio of 0.94 as of Aug. 04, 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 Luca Mining and its competitors. This is 42% above median its historical median of 0.66. Over the past decade, Luca Mining's Cyclically Adjusted PB Ratio has ranged from 0.10 to 2.32. According to the industry distribution chart, Luca Mining ranks #602 out of 1535 companies in the Metals & Mining industry, placing it in the top 39.2%.
Is Luca Mining's Cyclically Adjusted PB Ratio too high?
Luca Mining's current Cyclically Adjusted PB Ratio of 0.94 is 42% above median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 2.32. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. Luca Mining's value of 0.94 is 32.9% below this industry median. Based on the distribution chart, Luca Mining ranks #602 out of 1535 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Luca Mining has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Luca Mining's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Luca Mining ranks #602 out of 1535 companies for Cyclically Adjusted PB Ratio. This puts Luca Mining in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.40. Luca Mining's value of 0.94 is 32.9% below this benchmark. Historically, Luca Mining's own Cyclically Adjusted PB Ratio has ranged from 0.10 to 2.32 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 1.40, Luca Mining has consistently been below the industry average. 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 1.40, based on 1,535 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. Luca Mining's current Cyclically Adjusted PB Ratio of 0.94 is 32.9% 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 Luca Mining and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Luca Mining's current Cyclically Adjusted PB Ratio is 0.94, which is 42% above median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luca Mining stock overvalued right now?
Based on GuruFocus' analysis, Luca Mining (FRA:Z68) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.59, compared to a current price of €0.49 — trading 17.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.94, which is 42% above median its 10-year median of 0.66 and 32.9% below the Metals & Mining industry median of 1.40. Luca Mining's overall GF Score™ is 40/100 with 3 warning signs to review. 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 Luca Mining (FRA:Z68), the current Cyclically Adjusted PB Ratio is 0.94 as of Aug. 04, 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.

Is Luca Mining (FRA:Z68) Overvalued in 2026?

Based on GuruFocus' analysis, Luca Mining stock appears to be undervalued. The current stock price of €0.49 is trading 17.2% below its estimated GF Value™ of €0.59. GuruFocus considers Luca Mining to be Modestly Undervalued.

Key valuation signals for FRA:Z68:

  • Cyclically Adjusted PB Ratio: 0.94 (42% above median its 10-year median of 0.66)
  • GF Value™: €0.59 vs. price of €0.49 (17.2% below fair value)
  • GF Score™: 40/100 with 3 warning signs
  • Industry Position: 32.9% below the Metals & Mining median (#602 of 1535)

No single metric tells the full story. See the FRA:Z68 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Luca Mining Business Description

Address 1111 Melville Street, Suite 410, Vancouver, BC, CAN, V6E 3V6
Luca Mining Corp is a Canadian-based mining company engages in the production of base metals and the acquisition, exploration and development of resource properties in Mexico. The company is engaged in mining, exploration, and development of mineral properties in Mexico with a corporate head office of Canada and Mexico and two reportable operating segments namely: Campo Morado, which derives maximum revenue; and Tahuehueto. Campo Morado is a polymetallic underground operation located in the state of Guerrero, Mexico. Tahuehueto is a hectare property covering mineralized zones hosted within a structurally controlled epithermal system.
40GF Score

Get the complete analysis for FRA:Z68

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

€0.49
Price
€0.59
GF Value