HHHEF (37 Capital) Cyclically Adjusted PB Ratio: (As of Aug. 30, 2026)

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What is 37 Capital Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


37 Capital  (OTCPK:HHHEF) 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.


37 Capital Cyclically Adjusted PB Ratio Related Terms


37 Capital Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for 37 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.

37 Capital Cyclically Adjusted PB Ratio Chart

37 Capital 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 0.00 0.00 0.00 0.00 0.00

37 Capital Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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

37 Capital Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, 37 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.


37 Capital Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, 37 Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where 37 Capital's Cyclically Adjusted PB Ratio falls into.



37 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.

37 Capital's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, 37 Capital's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.004/130.3661*130.3661
=0.004

Current CPI (Dec. 2025) = 130.3661.

37 Capital Quarterly Data

Book Value per Share CPI Adj_Book
201603 -1.650 101.054 -2.129
201606 -1.821 102.002 -2.327
201609 -1.884 101.765 -2.414
201612 -2.109 101.449 -2.710
201703 -2.203 102.634 -2.798
201706 -2.314 103.029 -2.928
201709 -2.592 103.345 -3.270
201712 -0.573 103.345 -0.723
201803 -0.519 105.004 -0.644
201806 -0.531 105.557 -0.656
201809 -0.547 105.636 -0.675
201812 -0.541 105.399 -0.669
201903 -0.563 106.979 -0.686
201906 -0.583 107.690 -0.706
201909 -0.603 107.611 -0.731
201912 -0.618 107.769 -0.748
202003 -0.594 107.927 -0.717
202006 -0.632 108.401 -0.760
202009 -0.662 108.164 -0.798
202012 -0.694 108.559 -0.833
202103 -0.099 110.298 -0.117
202106 -0.107 111.720 -0.125
202109 -0.107 112.905 -0.124
202112 -0.121 113.774 -0.139
202203 -0.126 117.646 -0.140
202206 -0.129 120.806 -0.139
202209 -0.118 120.648 -0.128
202212 -0.099 120.964 -0.107
202303 -0.100 122.702 -0.106
202306 -0.039 124.203 -0.041
202309 -0.031 125.230 -0.032
202312 -0.034 125.072 -0.035
202403 -0.034 126.258 -0.035
202406 -0.035 127.522 -0.036
202409 -0.035 127.285 -0.036
202412 -0.027 127.364 -0.028
202503 -0.028 129.181 -0.028
202506 -0.031 129.892 -0.031
202509 0.000 130.287 0.000
202512 0.004 130.366 0.004

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.


37 Capital Business Description

Other Exchanges JJJ:Canada
Address 510 Burrard Street, Suite 575, Vancouver, BC, CAN, V6C 3A8
37 Capital Inc is a mineral exploration company principally engaged in the business of acquisition, exploration, and if warranted, the development of natural resource properties. The company's segment is the Exploration and Development of Mineral Properties. It holds interest in Extra High Property; Ontario Mineral Leases (Lithium); and Acacia Property.