LIFZF (Labrador Iron Ore Royalty) Cyclically Adjusted PB Ratio: 2.33 (As of Jul. 20, 2026) — 20% Below Median

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LIFZF Labrador Iron Ore Royalty Corp LIFZF
75 GF Score
Price $18.14
GF Value $18.07
Valuation Fairly Valued
! 2 Warning Signs
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What is Labrador Iron Ore Royalty Cyclically Adjusted PB Ratio?

Labrador Iron Ore Royalty LIFZF -0.63% 75 Cyclically Adjusted PB Ratio is 2.33 as of Jul. 20, 2026, which is 20% below its 10-year median of 2.90. GuruFocus rates LIFZF with a GF Score™ of 75/100 and a GF Value™ of $18.07 (Fairly Valued). The stock has 2 warning signs investors should review. Among 516 Steel companies, Labrador Iron Ore Royalty ranks worse than 80.23% on this metric.

As of today (2026-07-20), Labrador Iron Ore Royalty's current share price is $18.1354. Labrador Iron Ore Royalty's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $7.77. Labrador Iron Ore Royalty's Cyclically Adjusted PB Ratio for today is 2.33.

The historical rank and industry rank for Labrador Iron Ore Royalty's Cyclically Adjusted PB Ratio or its related term are showing as below:

LIFZF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.74   Med: 2.9   Max: 5.64
Current: 2.35

During the past years, Labrador Iron Ore Royalty's highest Cyclically Adjusted PB Ratio was 5.64. The lowest was 1.74. And the median was 2.90.

LIFZF's Cyclically Adjusted PB Ratio is ranked worse than
80.23% of 516 companies
in the Steel industry
Industry Median: 0.94 vs LIFZF: 2.35

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.

Labrador Iron Ore Royalty's adjusted book value per share data for the three months ended in Mar. 2026 was $7.280. 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 $7.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Labrador Iron Ore Royalty  (OTCPK:LIFZF) 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 Ore Royalty Cyclically Adjusted PB Ratio Related Terms


Labrador Iron Ore Royalty Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Labrador Iron Ore Royalty'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 Ore Royalty Cyclically Adjusted PB Ratio Chart

Labrador Iron Ore Royalty 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 3.95 3.23 3.00 2.71 2.77

Labrador Iron Ore Royalty 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 2.72 2.62 2.60 2.77 2.69

LIFZF vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Labrador Iron Ore Royalty'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 Ore Royalty Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Labrador Iron Ore Royalty's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LIFZF
75GF Score
Labrador Iron Ore Royalty Corp LIFZF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Labrador Iron Ore Royalty 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 Ore Royalty's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.1354/7.77
=2.33

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

For example, Labrador Iron Ore Royalty'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)
=7.28/132.2623*132.2623
=7.280

Current CPI (Mar. 2026) = 132.2623.

Labrador Iron Ore Royalty Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.735 102.002 8.733
201609 6.683 101.765 8.686
201612 6.839 101.449 8.916
201703 6.941 102.634 8.945
201706 6.915 103.029 8.877
201709 7.229 103.345 9.252
201712 7.019 103.345 8.983
201803 7.024 105.004 8.847
201806 6.693 105.557 8.386
201809 7.029 105.636 8.801
201812 6.871 105.399 8.622
201903 6.591 106.979 8.149
201906 6.647 107.690 8.164
201909 6.592 107.611 8.102
201912 6.376 107.769 7.825
202003 6.283 107.927 7.700
202006 6.701 108.401 8.176
202009 7.176 108.164 8.775
202012 6.909 108.559 8.418
202103 7.322 110.298 8.780
202106 7.548 111.720 8.936
202109 6.914 112.905 8.099
202112 6.886 113.774 8.005
202203 7.347 117.646 8.260
202206 7.587 120.806 8.306
202209 7.461 120.648 8.179
202212 7.332 120.964 8.017
202303 7.411 122.702 7.988
202306 7.632 124.203 8.127
202309 7.363 125.230 7.776
202312 7.679 125.072 8.120
202403 7.963 126.258 8.342
202406 7.643 127.522 7.927
202409 7.604 127.285 7.901
202412 7.051 127.364 7.322
202503 6.883 129.181 7.047
202506 7.316 129.892 7.450
202509 7.283 130.287 7.393
202512 7.308 130.366 7.414
202603 7.280 132.262 7.280

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 2.33 mean?
Labrador Iron Ore Royalty (LIFZF) has a Cyclically Adjusted PB Ratio of 2.33 as of Jul. 20, 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 Labrador Iron Ore Royalty and its competitors. This is 20% below median its historical median of 2.90. Over the past decade, Labrador Iron Ore Royalty's Cyclically Adjusted PB Ratio has ranged from 1.74 to 5.64. According to the industry distribution chart, Labrador Iron Ore Royalty ranks #414 out of 516 companies in the Steel industry, placing it in the top 80.2%.
Is Labrador Iron Ore Royalty's Cyclically Adjusted PB Ratio too high?
Labrador Iron Ore Royalty's current Cyclically Adjusted PB Ratio of 2.33 is 20% below median its 10-year median of 2.90. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 5.64. The Steel industry median Cyclically Adjusted PB Ratio is 0.94. Labrador Iron Ore Royalty's value of 2.33 is 147.9% above this industry median. Based on the distribution chart, Labrador Iron Ore Royalty ranks #414 out of 516 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Labrador Iron Ore Royalty has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Labrador Iron Ore Royalty's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Labrador Iron Ore Royalty ranks #414 out of 516 companies for Cyclically Adjusted PB Ratio. This places Labrador Iron Ore Royalty in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.94. Labrador Iron Ore Royalty's value of 2.33 is 147.9% above this benchmark. Historically, Labrador Iron Ore Royalty's own Cyclically Adjusted PB Ratio has ranged from 1.74 to 5.64 over the past decade. While the company's 10-year median is 2.90 vs. the industry median of 0.94, Labrador Iron Ore Royalty 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.94, based on 516 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. Labrador Iron Ore Royalty's current Cyclically Adjusted PB Ratio of 2.33 is 147.9% 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 Labrador Iron Ore Royalty and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Labrador Iron Ore Royalty's current Cyclically Adjusted PB Ratio is 2.33, which is 20% below median its own 10-year median of 2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Labrador Iron Ore Royalty stock overvalued right now?
Based on GuruFocus' analysis, Labrador Iron Ore Royalty (LIFZF) is currently considered Fairly Valued. The stock's GF Value™ is $18.07, compared to a current price of $18.14 — trading 0.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.33, which is 20% below median its 10-year median of 2.90 and 147.9% above the Steel industry median of 0.94. Labrador Iron Ore Royalty's overall GF Score™ is 75/100 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 Labrador Iron Ore Royalty (LIFZF), the current Cyclically Adjusted PB Ratio is 2.33 as of Jul. 20, 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.

Is Labrador Iron Ore Royalty (LIFZF) Overvalued in 2026?

Based on GuruFocus' analysis, Labrador Iron Ore Royalty stock appears to be overvalued. The current stock price of $18.14 is trading 0.4% above its estimated GF Value™ of $18.07. GuruFocus considers Labrador Iron Ore Royalty to be Fairly Valued.

Key valuation signals for LIFZF:

  • Cyclically Adjusted PB Ratio: 2.33 (20% below median its 10-year median of 2.90)
  • GF Value™: $18.07 vs. price of $18.14 (0.4% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 147.9% above the Steel median (#414 of 516)

No single metric tells the full story. See the LIFZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Labrador Iron Ore Royalty Business Description

Other Exchanges LIF:Canada
Address 31 Adelaide Street East, PO Box 957, Toronto, ON, CAN, M5C 2K3
Labrador Iron Ore Royalty Corporation, along with its wholly owned subsidiary, holds approximately fifteen percent interest in Iron Ore Company of Canada (IOC), a North American producer and exporter of iron ore pellets and high-grade concentrate. The company receives approximately seven percent gross overriding royalty on all iron ore products produced, sold, and shipped by IOC and some cents per tonne commission on all iron ore products produced and sold by IOC from the leased lands. Under normal circumstances, Labrador Iron Ore Royalty Corporation pays cash dividends from the free cash flow generated from IOC to the maximum extent possible, subject to the maintenance of appropriate levels of working capital. The firm generates the majority of its revenue in the form of royalty income.
75GF Score

Get the complete analysis for LIFZF

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

$18.14
Price
$18.07
GF Value