HAVRF (Havilah Resources) Cyclically Adjusted PB Ratio: 0.92 (As of Jul. 08, 2026) — 30% Above Median


HAVRF Havilah Resources Ltd HAVRF
23 GF Score
Price $0.11
! 3 Warning Signs
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What is Havilah Resources Cyclically Adjusted PB Ratio?

Havilah Resources HAVRF 23 Cyclically Adjusted PB Ratio is 0.92 as of Jul. 08, 2026, which is 30% above its 10-year median of 0.71. GuruFocus rates HAVRF with a GF Score™ of 23/100. The stock has 3 warning signs investors should review. Among 1,546 Metals & Mining companies, Havilah Resources ranks worse than 70.7% on this metric.

As of today (2026-07-08), Havilah Resources's current share price is $0.11. Havilah Resources's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul25 was $0.12. Havilah Resources's Cyclically Adjusted PB Ratio for today is 0.92.

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

HAVRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.71   Max: 3.57
Current: 3.57

During the past 13 years, Havilah Resources's highest Cyclically Adjusted PB Ratio was 3.57. The lowest was 0.18. And the median was 0.71.

HAVRF's Cyclically Adjusted PB Ratio is ranked worse than
70.7% of 1546 companies
in the Metals & Mining industry
Industry Median: 1.505 vs HAVRF: 3.57

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.

Havilah Resources's adjusted book value per share data of for the fiscal year that ended in Jul25 was $0.103. 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 $0.12 for the trailing ten years ended in Jul25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Havilah Resources  (OTCPK:HAVRF) 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.


Havilah Resources Cyclically Adjusted PB Ratio Related Terms


Havilah Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Havilah Resources'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.

Havilah Resources Cyclically Adjusted PB Ratio Chart

Havilah Resources Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 1.03 1.10 0.94 0.91

Havilah Resources Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.94 0.00 0.91 0.00

HAVRF vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Havilah Resources'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.


Havilah Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


HAVRF
23GF Score
Havilah Resources Ltd HAVRF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Havilah Resources 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.

Havilah Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.11/0.12
=0.92

* 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.

Havilah Resources's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul25 is calculated as:

For example, Havilah Resources's adjusted Book Value per Share data for the fiscal year that ended in Jul25 was:

Adj_Book=Book Value per Share/CPI of Jul25 (Change)*Current CPI (Jul25)
=0.103/133.2763*133.2763
=0.103

Current CPI (Jul25) = 133.2763.

Havilah Resources Annual Data

Book Value per Share CPI Adj_Book
201607 0.173 101.602 0.227
201707 0.172 103.460 0.222
201807 0.151 105.410 0.191
201907 0.121 107.174 0.150
202007 0.102 107.917 0.126
202107 0.104 111.168 0.125
202207 0.093 119.248 0.104
202307 0.098 125.656 0.104
202407 0.109 129.185 0.112
202507 0.103 133.276 0.103

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 0.92 mean?
Havilah Resources (HAVRF) has a Cyclically Adjusted PB Ratio of 0.92 as of Jul. 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 Havilah Resources and its competitors. This is 30% above median its historical median of 0.71. Over the past decade, Havilah Resources' Cyclically Adjusted PB Ratio has ranged from 0.18 to 3.57. According to the industry distribution chart, Havilah Resources ranks #1093 out of 1546 companies in the Metals & Mining industry, placing it in the top 70.7%.
Is Havilah Resources' Cyclically Adjusted PB Ratio too high?
Havilah Resources' current Cyclically Adjusted PB Ratio of 0.92 is 30% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 3.57. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.51. Havilah Resources' value of 0.92 is 38.9% below this industry median. Based on the distribution chart, Havilah Resources ranks #1093 out of 1546 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Havilah Resources has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Havilah Resources' Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Havilah Resources ranks #1093 out of 1546 companies for Cyclically Adjusted PB Ratio. This places Havilah Resources in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Havilah Resources' value of 0.92 is 38.9% below this benchmark. Historically, Havilah Resources' own Cyclically Adjusted PB Ratio has ranged from 0.18 to 3.57 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 1.51, Havilah Resources 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 1.51, based on 1,546 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. Havilah Resources's current Cyclically Adjusted PB Ratio of 0.92 is 38.9% 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 Havilah Resources and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Havilah Resources's current Cyclically Adjusted PB Ratio is 0.92, which is 30% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havilah Resources stock overvalued right now?
Havilah Resources (HAVRF) has a current Cyclically Adjusted PB Ratio of 0.92. The current Cyclically Adjusted PB Ratio is 0.92, which is 30% above median its 10-year median of 0.71 and 38.9% below the Metals & Mining industry median of 1.51. Havilah Resources' overall GF Score™ is 23/100 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 Havilah Resources (HAVRF), the current Cyclically Adjusted PB Ratio is 0.92 as of Jul. 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.

Havilah Resources Business Description

Other Exchanges FWL:GermanyHAV:Australia
Address 107 Rundle Street, Kent Town, SA, AUS, 5067
Havilah Resources Ltd is a mineral exploration and development company engaged in the exploration of gold, copper, cobalt, and other base metals in South Australia. The company holds interests in the Kalkaroo copper-gold-molybdenum project, the Mutooroo copper-cobalt-gold project, the Maldorky iron ore project, the Grants iron ore project, and the Prospect Hill tin project. Kalkaroo is an undeveloped open-pit copper deposit in Australia, defined on a CuEq Ore Reserve basis. The Mutooroo project is a lode-style massive sulphide copper-cobalt deposit located about 60 km southwest of Broken Hill. The Grants iron ore project lies 8 km south of the Barrier Highway and the Transcontinental Railway, approximately one hour's drive southwest of Broken Hill.
23GF 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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