KMDRF (Kermode Resources) Cyclically Adjusted PB Ratio: (As of Jul. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is Kermode Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kermode Resources  (OTCPK:KMDRF) 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.


Kermode Resources Cyclically Adjusted PB Ratio Related Terms


Kermode Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Kermode 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.

Kermode Resources Cyclically Adjusted PB Ratio Chart

Kermode Resources Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.04 0.00 7.39 0.00 0.00

Kermode Resources Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 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 0.00 0.00 0.00 0.00

KMDRF vs GKOR, NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Kermode 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.


Kermode Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Kermode 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.

Kermode Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 is calculated as:

For example, Kermode Resources's adjusted Book Value per Share data for the three months ended in Jan. 2026 was:

Adj_Book=Book Value per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=-0.002/130.3661*130.3661
=-0.002

Current CPI (Jan. 2026) = 130.3661.

Kermode Resources Quarterly Data

Book Value per Share CPI Adj_Book
201604 0.004 101.370 0.005
201607 0.002 101.844 0.003
201610 -0.035 102.002 -0.045
201701 -0.036 102.318 -0.046
201704 -0.038 103.029 -0.048
201707 -0.042 103.029 -0.053
201710 0.026 103.424 0.033
201801 0.026 104.056 0.033
201804 0.022 105.320 0.027
201807 0.015 106.110 0.018
201810 -0.017 105.952 -0.021
201901 -0.021 105.557 -0.026
201904 -0.022 107.453 -0.027
201907 -0.030 108.243 -0.036
201910 -0.032 107.927 -0.039
202001 -0.033 108.085 -0.040
202004 -0.031 107.216 -0.038
202007 -0.031 108.401 -0.037
202010 -0.043 108.638 -0.052
202101 -0.047 109.192 -0.056
202104 -0.019 110.851 -0.022
202107 -0.020 112.431 -0.023
202110 -0.017 113.695 -0.019
202201 -0.007 114.801 -0.008
202204 0.004 118.357 0.004
202207 0.008 120.964 0.009
202210 0.000 121.517 0.000
202301 0.015 121.596 0.016
202304 0.015 123.571 0.016
202307 0.029 124.914 0.030
202310 0.023 125.310 0.024
202401 0.021 125.072 0.022
202404 0.017 126.890 0.017
202407 0.015 128.075 0.015
202410 0.010 127.838 0.010
202501 0.005 127.443 0.005
202504 0.002 129.102 0.002
202507 0.002 130.290 0.002
202510 -0.003 130.603 -0.003
202601 -0.002 130.366 -0.002

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.


Kermode Resources Business Description

Address 2505 - 1177 West Hastings Street, Vancouver, BC, CAN, V6E 2L3
Kermode Resources Ltd is engaged in the business of acquiring, exploring, and transacting in mineral exploration properties located in Canada and the USA. Its projects include Beaton Gold, Eastgate BC, Khrysos & Silver Bell, Lightning Peak, Lucky Strike, Mt. Sicker, Santa Anna, Slesse Creek, Trio, Vigh Graphite, and Thunder Bay. The company operates in one segment, being the acquisition, exploration and evaluation of mineral properties in Canada.