HNCCF (Hanna Capital) Cyclically Adjusted PB Ratio: (As of Aug. 01, 2026)

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What is Hanna Capital Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hanna Capital  (OTCPK:HNCCF) 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.


Hanna Capital Cyclically Adjusted PB Ratio Related Terms


Hanna Capital Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hanna 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.

Hanna Capital Cyclically Adjusted PB Ratio Chart

Hanna Capital Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.07 0.16 0.53 1.23

Hanna 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 0.54 1.46 1.23 1.18 0.55

Hanna Capital Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Hanna 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.


Hanna Capital Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Hanna 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.

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

For example, Hanna 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)
=0.001/130.3661*130.3661
=0.001

Current CPI (Dec. 2025) = 130.3661.

Hanna Capital Quarterly Data

Book Value per Share CPI Adj_Book
201603 -0.016 101.054 -0.021
201606 -0.006 102.002 -0.008
201609 -0.001 101.765 -0.001
201612 0.002 101.449 0.003
201703 0.000 102.634 0.000
201706 0.005 103.029 0.006
201709 0.004 103.345 0.005
201712 0.009 103.345 0.011
201803 0.005 105.004 0.006
201806 0.017 105.557 0.021
201809 0.016 105.636 0.020
201812 0.014 105.399 0.017
201903 0.011 106.979 0.013
201906 0.009 107.690 0.011
201909 0.008 107.611 0.010
201912 0.006 107.769 0.007
202003 0.007 107.927 0.008
202006 0.005 108.401 0.006
202009 0.015 108.164 0.018
202012 0.015 108.559 0.018
202103 0.014 110.298 0.017
202106 0.013 111.720 0.015
202109 0.011 112.905 0.013
202112 0.010 113.774 0.011
202203 0.008 117.646 0.009
202206 0.015 120.806 0.016
202209 0.013 120.648 0.014
202212 0.013 120.964 0.014
202303 0.012 122.702 0.013
202306 0.002 124.203 0.002
202309 0.001 125.230 0.001
202312 0.001 125.072 0.001
202403 0.000 126.258 0.000
202406 -0.001 127.522 -0.001
202409 -0.001 127.285 -0.001
202412 -0.002 127.364 -0.002
202503 -0.002 129.181 -0.002
202506 -0.005 129.892 -0.005
202509 0.001 130.287 0.001
202512 0.001 130.366 0.001

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.


Hanna Capital Business Description

Other Exchanges 04U1:Germany
Address 1800-130 King Street West, The Exchange Tower, Toronto, ON, CAN, M5X 1E3
Hanna Capital Corp is a Canada-based exploration-stage junior resource company. It is mainly focused on the acquisition and exploration of mineral properties in Canada. The company owns an interest in Carscallen Property, located in Ontario, and in Jasper Property, located on Vancouver Island.