HBEIF (Honey Badger Silver) Cyclically Adjusted PB Ratio: (As of Jul. 25, 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.

HBEIF Honey Badger Silver Inc HBEIF
28 GF Score
Price $0.48
! 1 Warning Sign
View Full Analysis

What is Honey Badger Silver Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Honey Badger Silver  (OTCPK:HBEIF) 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.


Honey Badger Silver Cyclically Adjusted PB Ratio Related Terms


Honey Badger Silver Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Honey Badger Silver'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.

Honey Badger Silver Cyclically Adjusted PB Ratio Chart

Honey Badger Silver 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 6.17 23.82 0.00 0.00 0.00

Honey Badger Silver 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 0.00 0.00 0.00 0.00 0.00

HBEIF vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Honey Badger Silver'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.


Honey Badger Silver Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Honey Badger Silver's Cyclically Adjusted PB Ratio falls into.


HBEIF
28GF Score
Honey Badger Silver Inc HBEIF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Honey Badger Silver 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.

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

For example, Honey Badger Silver'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)
=0.024/132.2623*132.2623
=0.024

Current CPI (Mar. 2026) = 132.2623.

Honey Badger Silver Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.064 102.002 -0.083
201609 -0.144 101.765 -0.187
201612 -0.144 101.449 -0.188
201703 -0.148 102.634 -0.191
201706 -0.143 103.029 -0.184
201709 -0.060 103.345 -0.077
201712 -0.011 103.345 -0.014
201803 -0.033 105.004 -0.042
201806 0.061 105.557 0.076
201809 0.047 105.636 0.059
201812 0.038 105.399 0.048
201903 0.034 106.979 0.042
201906 0.019 107.690 0.023
201909 0.016 107.611 0.020
201912 -0.006 107.769 -0.007
202003 -0.009 107.927 -0.011
202006 -0.009 108.401 -0.011
202009 0.006 108.164 0.007
202012 0.015 108.559 0.018
202103 0.096 110.298 0.115
202106 0.066 111.720 0.078
202109 0.059 112.905 0.069
202112 0.044 113.774 0.051
202203 0.030 117.646 0.034
202206 0.017 120.806 0.019
202209 0.007 120.648 0.008
202212 0.008 120.964 0.009
202303 0.000 122.702 0.000
202306 0.016 124.203 0.017
202309 0.004 125.230 0.004
202312 -0.004 125.072 -0.004
202403 -0.005 126.258 -0.005
202406 0.002 127.522 0.002
202409 0.000 127.285 0.000
202412 0.002 127.364 0.002
202503 0.001 129.181 0.001
202506 0.001 129.892 0.001
202509 0.013 130.287 0.013
202512 0.017 130.366 0.017
202603 0.024 132.262 0.024

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.


Honey Badger Silver Business Description

Other Exchanges 1QA:GermanyTUF:Canada
Address 620-1111 Melville Street, Vancouver, BC, CAN, V6E 3V6
Honey Badger Silver Inc is a mineral exploration company operating in Canada. The company is principally engaged in the acquisition, exploration, and development of silver properties. The project portfolio includes the Thunder Bay Silver Project, Yukon Silver Properties, Sunrise lake project, Clear lake Project, Nanisivik Project, and others.
28GF Score

Get the complete analysis for HBEIF

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

$0.48
Price