Polaris Northstar Capital (HAM:L6V) Cyclically Adjusted PB Ratio: 0.00 (As of Aug. 08, 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.

HAM:L6V Polaris Northstar Capital Corp HAM:L6V
12 GF Score
Price €0.01
View Full Analysis

What is Polaris Northstar Capital Cyclically Adjusted PB Ratio?

Polaris Northstar Capital HAM:L6V 12 Cyclically Adjusted PB Ratio is 0.00 as of Aug. 08, 2026. GuruFocus rates HAM:L6V with a GF Score™ of 12/100.

As of today (2026-08-08), Polaris Northstar Capital's current share price is €0.0139. Polaris Northstar Capital's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was €33.45. Polaris Northstar Capital's Cyclically Adjusted PB Ratio for today is 0.00.

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

HAM:L6V's Cyclically Adjusted PB Ratio is not ranked *
in the Asset Management industry.
Industry Median: 0.855
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Polaris Northstar Capital's adjusted book value per share data for the three months ended in Sep. 2023 was €-0.016. 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 €33.45 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polaris Northstar Capital  (HAM:L6V) 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.


Polaris Northstar Capital Cyclically Adjusted PB Ratio Related Terms


Polaris Northstar Capital Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Polaris Northstar Capital'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.

Polaris Northstar Capital Cyclically Adjusted PB Ratio Chart

Polaris Northstar Capital Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.02 0.00 0.01 0.00

Polaris Northstar Capital Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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

HAM:L6V vs BLK, KKR, BX: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Polaris Northstar Capital'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.


Polaris Northstar Capital Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Polaris Northstar Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Polaris Northstar Capital's Cyclically Adjusted PB Ratio falls into.


HAM:L6V
12GF Score
Polaris Northstar Capital Corp HAM:L6V
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polaris Northstar Capital 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.

Polaris Northstar Capital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0139/33.45
=0.00

* 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.

Polaris Northstar Capital's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Polaris Northstar Capital's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.016/125.2304*125.2304
=-0.016

Current CPI (Sep. 2023) = 125.2304.

Polaris Northstar Capital Quarterly Data

Book Value per Share CPI Adj_Book
201312 170.583 96.945 220.354
201403 163.750 98.604 207.968
201406 178.667 99.473 224.930
201409 151.250 99.394 190.565
201412 148.917 98.367 189.585
201503 125.583 99.789 157.600
201506 122.333 100.500 152.435
201509 109.250 100.421 136.240
201512 51.250 99.947 64.214
201603 53.417 101.054 66.197
201606 53.500 102.002 65.684
201609 47.417 101.765 58.351
201612 41.917 101.449 51.743
201703 40.750 102.634 49.722
201706 33.083 103.029 40.212
201709 52.250 103.345 63.315
201712 59.000 103.345 71.495
201803 50.326 105.004 60.020
201806 49.837 105.557 59.125
201809 38.446 105.636 45.577
201812 25.154 105.399 29.887
201903 36.102 106.979 42.261
201906 34.278 107.690 39.861
201909 34.918 107.611 40.635
201912 4.461 107.769 5.184
202003 4.082 107.927 4.736
202006 4.163 108.401 4.809
202009 3.182 108.164 3.684
202012 -0.165 108.559 -0.190
202103 0.693 110.298 0.787
202106 1.188 111.720 1.332
202109 1.162 112.905 1.289
202112 0.087 113.774 0.096
202203 0.073 117.646 0.078
202206 0.094 120.806 0.097
202209 0.054 120.648 0.056
202212 -0.013 120.964 -0.013
202303 0.331 122.702 0.338
202306 0.326 124.203 0.329
202309 -0.016 125.230 -0.016

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 0.00 mean?
Polaris Northstar Capital (HAM:L6V) has a Cyclically Adjusted PB Ratio of 0.00 as of Aug. 08, 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 Polaris Northstar Capital and its competitors.
Is Polaris Northstar Capital's Cyclically Adjusted PB Ratio too high?
Polaris Northstar Capital's current Cyclically Adjusted PB Ratio is 0.00. Overall, Polaris Northstar Capital has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Polaris Northstar Capital's Cyclically Adjusted PB Ratio compare to BLK and KKR?
Polaris Northstar Capital's Cyclically Adjusted PB Ratio of 0.00 can be compared against companies in the Asset Management industry. The industry median Cyclically Adjusted PB Ratio is 0.86. 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.86, based on 1,012 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. 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 Polaris Northstar Capital and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polaris Northstar Capital's current Cyclically Adjusted PB Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polaris Northstar Capital stock overvalued right now?
Polaris Northstar Capital (HAM:L6V) has a current Cyclically Adjusted PB Ratio of 0.00. The current Cyclically Adjusted PB Ratio is 0.00. Polaris Northstar Capital's overall GF Score™ is 12/100. 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 Polaris Northstar Capital (HAM:L6V), the current Cyclically Adjusted PB Ratio is 0.00 as of Aug. 08, 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.

Polaris Northstar Capital Business Description

Address 595 Howe Street, Suite 303, Vancouver, BC, CAN, V6C 2T5
Polaris Northstar Capital Corp is an investment company. The company specializes in providing early-stage financing to private and public companies in the cryptocurrency, blockchain, healthcare and resource sectors.
12GF Score

Get the complete analysis for HAM:L6V

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

€0.01
Price