HSTXF (Heliostar Metals) Cyclically Adjusted PB Ratio: 3.80 (As of Jul. 18, 2026) — 11% Below Median

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.

HSTXF Heliostar Metals Ltd HSTXF
26 GF Score
Price $1.14
! 2 Warning Signs
View Full Analysis

What is Heliostar Metals Cyclically Adjusted PB Ratio?

Heliostar Metals HSTXF +0.88% 26 Cyclically Adjusted PB Ratio is 3.80 as of Jul. 18, 2026, which is 11% below its 10-year median of 4.26. GuruFocus rates HSTXF with a GF Score™ of 26/100. The stock has 2 warning signs investors should review. Among 1,547 Metals & Mining companies, Heliostar Metals ranks worse than 74.66% on this metric.

As of today (2026-07-18), Heliostar Metals's current share price is $1.14. Heliostar Metals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.30. Heliostar Metals's Cyclically Adjusted PB Ratio for today is 3.80.

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

HSTXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 4.26   Max: 7.73
Current: 3.95

During the past years, Heliostar Metals's highest Cyclically Adjusted PB Ratio was 7.73. The lowest was 1.32. And the median was 4.26.

HSTXF's Cyclically Adjusted PB Ratio is ranked worse than
74.66% of 1547 companies
in the Metals & Mining industry
Industry Median: 1.42 vs HSTXF: 3.95

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.

Heliostar Metals's adjusted book value per share data for the three months ended in Mar. 2026 was $0.352. 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 $0.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Heliostar Metals  (OTCPK:HSTXF) 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.


Heliostar Metals Cyclically Adjusted PB Ratio Related Terms


Heliostar Metals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Heliostar Metals'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.

Heliostar Metals Cyclically Adjusted PB Ratio Chart

Heliostar Metals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 1.59 0.68 0.53 0.50

Heliostar Metals 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 2.34 2.95 4.40 6.30 5.85

HSTXF vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Heliostar Metals'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.


Heliostar Metals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


HSTXF
26GF Score
Heliostar Metals Ltd HSTXF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heliostar Metals 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.

Heliostar Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.14/0.30
=3.80

* 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.

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

For example, Heliostar Metals'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)
=0.352/132.2623*132.2623
=0.352

Current CPI (Mar. 2026) = 132.2623.

Heliostar Metals Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.269 102.002 0.349
201609 0.461 101.765 0.599
201612 0.468 101.449 0.610
201703 0.462 102.634 0.595
201706 0.404 103.029 0.519
201709 0.416 103.345 0.532
201712 0.324 103.345 0.415
201803 0.459 105.004 0.578
201806 0.298 105.557 0.373
201809 0.284 105.636 0.356
201812 0.262 105.399 0.329
201903 0.264 106.979 0.326
201906 0.258 107.690 0.317
201909 0.240 107.611 0.295
201912 0.222 107.769 0.272
202003 0.184 107.927 0.225
202006 0.212 108.401 0.259
202009 0.362 108.164 0.443
202012 0.311 108.559 0.379
202103 0.316 110.298 0.379
202106 0.290 111.720 0.343
202109 0.229 112.905 0.268
202112 0.245 113.774 0.285
202203 0.191 117.646 0.215
202206 0.168 120.806 0.184
202209 0.154 120.648 0.169
202212 0.146 120.964 0.160
202303 0.149 122.702 0.161
202306 0.132 124.203 0.141
202309 0.118 125.230 0.125
202312 0.114 125.072 0.121
202403 0.093 126.258 0.097
202406 0.091 127.522 0.094
202409 0.075 127.285 0.078
202412 0.356 127.364 0.370
202503 0.252 129.181 0.258
202506 0.263 129.892 0.268
202509 0.268 130.287 0.272
202512 0.304 130.366 0.308
202603 0.352 132.262 0.352

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 3.80 mean?
Heliostar Metals (HSTXF) has a Cyclically Adjusted PB Ratio of 3.80 as of Jul. 18, 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 Heliostar Metals and its competitors. This is 11% below median its historical median of 4.26. Over the past decade, Heliostar Metals' Cyclically Adjusted PB Ratio has ranged from 1.32 to 7.73. According to the industry distribution chart, Heliostar Metals ranks #1155 out of 1547 companies in the Metals & Mining industry, placing it in the top 74.7%.
Is Heliostar Metals' Cyclically Adjusted PB Ratio too high?
Heliostar Metals' current Cyclically Adjusted PB Ratio of 3.80 is 11% below median its 10-year median of 4.26. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 7.73. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.42. Heliostar Metals' value of 3.80 is 167.6% above this industry median. Based on the distribution chart, Heliostar Metals ranks #1155 out of 1547 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Heliostar Metals has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Heliostar Metals' Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Heliostar Metals ranks #1155 out of 1547 companies for Cyclically Adjusted PB Ratio. This places Heliostar Metals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.42. Heliostar Metals' value of 3.80 is 167.6% above this benchmark. Historically, Heliostar Metals' own Cyclically Adjusted PB Ratio has ranged from 1.32 to 7.73 over the past decade. While the company's 10-year median is 4.26 vs. the industry median of 1.42, Heliostar Metals has consistently been above 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 1.42, based on 1,547 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. Heliostar Metals's current Cyclically Adjusted PB Ratio of 3.80 is 167.6% above 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 Heliostar Metals and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heliostar Metals's current Cyclically Adjusted PB Ratio is 3.80, which is 11% below median its own 10-year median of 4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heliostar Metals stock overvalued right now?
Heliostar Metals (HSTXF) has a current Cyclically Adjusted PB Ratio of 3.80. The current Cyclically Adjusted PB Ratio is 3.80, which is 11% below median its 10-year median of 4.26 and 167.6% above the Metals & Mining industry median of 1.42. Heliostar Metals' overall GF Score™ is 26/100 with 2 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 Heliostar Metals (HSTXF), the current Cyclically Adjusted PB Ratio is 3.80 as of Jul. 18, 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.

Heliostar Metals Business Description

Other Exchanges RGG1:GermanyHSTR:Canada
Address 1723-595 Burrard Street, Vancouver, BC, CAN, V7X 1J1
Heliostar Metals Ltd is a junior exploration and development company with a portfolio of high-grade gold projects in Alaska and Mexico. It is engaged in the acquisition, exploration, and development of mineral properties in North America The operating segments arethe La Colorada and San Agustin mines, located in Mexico. The company's assets and liabilities are held within Canada, Mexico and the United States.
26GF Score

Get the complete analysis for HSTXF

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

$1.14
Price