FTZFF (Fitzroy Minerals) Cyclically Adjusted PB Ratio: 7.20 (As of Jul. 19, 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.

FTZFF Fitzroy Minerals Inc FTZFF
36 GF Score
Price $0.29
View Full Analysis

What is Fitzroy Minerals Cyclically Adjusted PB Ratio?

Fitzroy Minerals FTZFF +1.91% 36 Cyclically Adjusted PB Ratio is 7.20 as of Jul. 19, 2026. GuruFocus rates FTZFF with a GF Score™ of 36/100. Among 1,545 Metals & Mining companies, Fitzroy Minerals ranks worse than 88.28% on this metric.

As of today (2026-07-19), Fitzroy Minerals's current share price is $0.28814. Fitzroy Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.04. Fitzroy Minerals's Cyclically Adjusted PB Ratio for today is 7.20.

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

FTZFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 7.26
Current: 7.26

During the past years, Fitzroy Minerals's highest Cyclically Adjusted PB Ratio was 7.26. The lowest was 0.00. And the median was 0.00.

FTZFF's Cyclically Adjusted PB Ratio is ranked worse than
88.28% of 1545 companies
in the Metals & Mining industry
Industry Median: 1.39 vs FTZFF: 7.26

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.

Fitzroy Minerals's adjusted book value per share data for the three months ended in Mar. 2026 was $0.125. 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 $0.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fitzroy Minerals  (OTCPK:FTZFF) 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.


Fitzroy Minerals Cyclically Adjusted PB Ratio Related Terms


Fitzroy Minerals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fitzroy Minerals'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.

Fitzroy Minerals Cyclically Adjusted PB Ratio Chart

Fitzroy Minerals Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.00 0.00 0.00 7.99

Fitzroy Minerals 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 8.90 9.26 7.99 10.29 7.53

FTZFF vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Fitzroy Minerals'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.


Fitzroy Minerals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


FTZFF
36GF Score
Fitzroy Minerals Inc FTZFF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fitzroy Minerals 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.

Fitzroy Minerals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.28814/0.04
=7.20

* 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.

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

For example, Fitzroy Minerals'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)
=0.125/132.2623*132.2623
=0.125

Current CPI (Mar. 2026) = 132.2623.

Fitzroy Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.202 102.002 0.262
201609 0.113 101.765 0.147
201612 0.092 101.449 0.120
201703 0.141 102.634 0.182
201706 0.126 103.029 0.162
201709 -0.028 103.345 -0.036
201712 -0.072 103.345 -0.092
201803 -0.047 105.004 -0.059
201806 -0.058 105.557 -0.073
201809 -0.070 105.636 -0.088
201812 -0.074 105.399 -0.093
201903 -0.078 106.979 -0.096
201906 -0.079 107.690 -0.097
201909 -0.061 107.611 -0.075
201912 0.004 107.769 0.005
202003 0.001 107.927 0.001
202006 0.000 108.401 0.000
202009 0.015 108.164 0.018
202012 0.011 108.559 0.013
202103 0.071 110.298 0.085
202106 0.068 111.720 0.081
202109 0.083 112.905 0.097
202112 0.082 113.774 0.095
202203 0.083 117.646 0.093
202206 0.085 120.806 0.093
202209 0.079 120.648 0.087
202212 0.076 120.964 0.083
202303 0.025 122.702 0.027
202306 0.025 124.203 0.027
202309 0.023 125.230 0.024
202312 0.026 125.072 0.027
202403 0.032 126.258 0.034
202406 0.030 127.522 0.031
202409 0.039 127.285 0.041
202412 0.042 127.364 0.044
202503 0.070 129.181 0.072
202506 0.096 129.892 0.098
202509 0.093 130.287 0.094
202512 0.093 130.366 0.094
202603 0.125 132.262 0.125

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 7.20 mean?
Fitzroy Minerals (FTZFF) has a Cyclically Adjusted PB Ratio of 7.20 as of Jul. 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 Fitzroy Minerals and its competitors. According to the industry distribution chart, Fitzroy Minerals ranks #1364 out of 1545 companies in the Metals & Mining industry, placing it in the top 88.3%.
Is Fitzroy Minerals' Cyclically Adjusted PB Ratio too high?
Fitzroy Minerals' current Cyclically Adjusted PB Ratio is 7.20. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.39. Fitzroy Minerals' value of 7.20 is 418% above this industry median. Based on the distribution chart, Fitzroy Minerals ranks #1364 out of 1545 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Fitzroy Minerals has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Fitzroy Minerals' Cyclically Adjusted PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Fitzroy Minerals ranks #1364 out of 1545 companies for Cyclically Adjusted PB Ratio. This places Fitzroy Minerals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.39. Fitzroy Minerals' value of 7.20 is 418% above 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 1.39, based on 1,545 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. Fitzroy Minerals's current Cyclically Adjusted PB Ratio of 7.20 is 418% above 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 Fitzroy Minerals and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fitzroy Minerals's current Cyclically Adjusted PB Ratio is 7.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fitzroy Minerals stock overvalued right now?
Fitzroy Minerals (FTZFF) has a current Cyclically Adjusted PB Ratio of 7.20. The current Cyclically Adjusted PB Ratio is 7.20 and 418% above the Metals & Mining industry median of 1.39. Fitzroy Minerals' overall GF Score™ is 36/100. 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 Fitzroy Minerals (FTZFF), the current Cyclically Adjusted PB Ratio is 7.20 as of Jul. 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.

Fitzroy Minerals Business Description

Other Exchanges C3Y:GermanyFTZ:Canada
Address 1050 West Pender Street, Suite 1400, Vancouver, BC, CAN, V6E 3S7
Fitzroy Minerals Inc is focused on exploring and advancing commercial copper and gold discoveries in Chile and Argentina. Its project portfolio includes Caballos Copper, Polimet Gold-Copper-Silver, Taquetren Gold, and Cariboo.
36GF Score

Get the complete analysis for FTZFF

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

$0.29
Price