LBRMF (Labrador Iron Mines Holdings) Cyclically Adjusted PB Ratio: (As of Aug. 03, 2026)

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What is Labrador Iron Mines Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Labrador Iron Mines Holdings  (OTCPK:LBRMF) 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.


Labrador Iron Mines Holdings Cyclically Adjusted PB Ratio Related Terms


Labrador Iron Mines Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Labrador Iron Mines Holdings'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.

Labrador Iron Mines Holdings Cyclically Adjusted PB Ratio Chart

Labrador Iron Mines Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.20 0.43 0.00 0.00

Labrador Iron Mines Holdings 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 3.13 1.19 0.25 0.00

LBRMF vs GTIJF: Cyclically Adjusted PB Ratio Comparison

For the Other Industrial Metals & Mining subindustry, Labrador Iron Mines Holdings'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.


Labrador Iron Mines Holdings Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Labrador Iron Mines Holdings's Cyclically Adjusted PB Ratio falls into.



Labrador Iron Mines Holdings 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.

Labrador Iron Mines Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Labrador Iron Mines Holdings'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)
=0.053/132.2623*132.2623
=0.053

Current CPI (Mar. 2026) = 132.2623.

Labrador Iron Mines Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.382 102.002 -0.495
201609 0.000 101.765 0.000
201612 0.053 101.449 0.069
201703 0.007 102.634 0.009
201706 0.005 103.029 0.006
201709 0.005 103.345 0.006
201712 0.004 103.345 0.005
201803 0.002 105.004 0.003
201806 0.001 105.557 0.001
201809 0.001 105.636 0.001
201812 0.001 105.399 0.001
201903 0.000 106.979 0.000
201906 -0.002 107.690 -0.002
201909 -0.003 107.611 -0.004
201912 -0.004 107.769 -0.005
202003 0.000 107.927 0.000
202006 0.000 108.401 0.000
202009 0.000 108.164 0.000
202012 0.000 108.559 0.000
202103 0.068 110.298 0.082
202106 0.069 111.720 0.082
202109 0.068 112.905 0.080
202112 0.067 113.774 0.078
202203 0.067 117.646 0.075
202206 0.065 120.806 0.071
202209 0.062 120.648 0.068
202212 0.060 120.964 0.066
202303 0.060 122.702 0.065
202306 0.061 124.203 0.065
202309 0.059 125.230 0.062
202312 0.059 125.072 0.062
202403 0.058 126.258 0.061
202406 0.056 127.522 0.058
202409 0.056 127.285 0.058
202412 0.053 127.364 0.055
202503 0.053 129.181 0.054
202506 0.055 129.892 0.056
202509 0.054 130.287 0.055
202512 0.053 130.366 0.054
202603 0.053 132.262 0.053

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.


Labrador Iron Mines Holdings Business Description

Address 55 University Avenue, Suite 1805, Toronto, ON, CAN, M5J 2H7
Labrador Iron Mines Holdings Ltd is a mineral resource company. The company through its subsidiaries is engaged in the business of mining iron ore and the exploration and development of direct shipping iron ore. Its projects include James, Redmond, Knob Lake, Houston and Malcolm, Sawyer Lake, Astray Lake, and Kivivic Number 1 and 2.