GreenX Metals (LSE:GRX) Cyclically Adjusted PB Ratio: 17.17 (As of Aug. 11, 2026) — 75% Above Median

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LSE:GRX GreenX Metals Ltd LSE:GRX
38 GF Score
Price £0.52
GF Value £0.20
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is GreenX Metals Cyclically Adjusted PB Ratio?

GreenX Metals LSE:GRX 38 Cyclically Adjusted PB Ratio is 17.17 as of Aug. 11, 2026, which is 75% above its 10-year median of 9.79. GuruFocus rates LSE:GRX with a GF Score™ of 38/100 and a GF Value™ of £0.20 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,528 Metals & Mining companies, GreenX Metals ranks worse than 93.85% on this metric.

As of today (2026-08-11), GreenX Metals's current share price is £0.515. GreenX Metals's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 was £0.03. GreenX Metals's Cyclically Adjusted PB Ratio for today is 17.17.

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

LSE:GRX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.11   Med: 9.79   Max: 14.5
Current: 13.76

During the past 13 years, GreenX Metals's highest Cyclically Adjusted PB Ratio was 14.50. The lowest was 2.11. And the median was 9.79.

LSE:GRX's Cyclically Adjusted PB Ratio is ranked worse than
93.85% of 1528 companies
in the Metals & Mining industry
Industry Median: 1.555 vs LSE:GRX: 13.76

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.

GreenX Metals's adjusted book value per share data of for the fiscal year that ended in Jun25 was £0.024. 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 £0.03 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


GreenX Metals  (LSE:GRX) 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.


GreenX Metals Cyclically Adjusted PB Ratio Related Terms


GreenX Metals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GreenX 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.

GreenX Metals Cyclically Adjusted PB Ratio Chart

GreenX Metals Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.36 14.25 13.26 10.66 0.00

GreenX Metals Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 13.26 0.00 10.66 0.00 0.00

LSE:GRX vs SCCO, FCX: Cyclically Adjusted PB Ratio Comparison

For the Copper subindustry, GreenX 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.


GreenX Metals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


LSE:GRX
38GF Score
GreenX Metals Ltd LSE:GRX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GreenX 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.515/0.03
=17.17

* 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.

GreenX Metals's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 is calculated as:

For example, GreenX Metals's adjusted Book Value per Share data for the fiscal year that ended in Jun25 was:

Adj_Book=Book Value per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=0.024/138.4000*138.4000
=0.024

Current CPI (Jun25) = 138.4000.

GreenX Metals Annual Data

Book Value per Share CPI Adj_Book
201606 0.061 101.000 0.084
201706 0.046 103.500 0.062
201806 0.033 105.900 0.043
201906 0.019 107.900 0.024
202006 0.010 108.800 0.013
202106 0.013 111.400 0.016
202206 0.027 120.500 0.031
202306 0.031 129.400 0.033
202406 0.028 133.000 0.029
202506 0.024 138.400 0.024

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 17.17 mean?
GreenX Metals (LSE:GRX) has a Cyclically Adjusted PB Ratio of 17.17 as of Aug. 11, 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 GreenX Metals and its competitors. This is 75% above median its historical median of 9.79. Over the past decade, GreenX Metals' Cyclically Adjusted PB Ratio has ranged from 2.11 to 14.50. According to the industry distribution chart, GreenX Metals ranks #1434 out of 1528 companies in the Metals & Mining industry, placing it in the top 93.8%.
Is GreenX Metals' Cyclically Adjusted PB Ratio too high?
GreenX Metals' current Cyclically Adjusted PB Ratio of 17.17 is 75% above median its 10-year median of 9.79. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 14.50. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.56. GreenX Metals' value of 17.17 is 1004.2% above this industry median. Based on the distribution chart, GreenX Metals ranks #1434 out of 1528 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, GreenX Metals has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GreenX Metals' Cyclically Adjusted PB Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, GreenX Metals ranks #1434 out of 1528 companies for Cyclically Adjusted PB Ratio. This places GreenX Metals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. GreenX Metals' value of 17.17 is 1004.2% above this benchmark. Historically, GreenX Metals' own Cyclically Adjusted PB Ratio has ranged from 2.11 to 14.50 over the past decade. While the company's 10-year median is 9.79 vs. the industry median of 1.56, GreenX 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 1.56, based on 1,528 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. GreenX Metals's current Cyclically Adjusted PB Ratio of 17.17 is 1004.2% 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 GreenX Metals and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GreenX Metals's current Cyclically Adjusted PB Ratio is 17.17, which is 75% above median its own 10-year median of 9.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GreenX Metals stock overvalued right now?
Based on GuruFocus' analysis, GreenX Metals (LSE:GRX) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.20, compared to a current price of £0.52 — trading 157.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 17.17, which is 75% above median its 10-year median of 9.79 and 1004.2% above the Metals & Mining industry median of 1.56. GreenX Metals' overall GF Score™ is 38/100 with 6 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 GreenX Metals (LSE:GRX), the current Cyclically Adjusted PB Ratio is 17.17 as of Aug. 11, 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 GreenX Metals (LSE:GRX) Overvalued in 2026?

Based on GuruFocus' analysis, GreenX Metals stock appears to be overvalued. The current stock price of £0.52 is trading 157.5% above its estimated GF Value™ of £0.20. GuruFocus considers GreenX Metals to be Significantly Overvalued.

Key valuation signals for LSE:GRX:

  • Cyclically Adjusted PB Ratio: 17.17 (75% above median its 10-year median of 9.79)
  • GF Value™: £0.20 vs. price of £0.52 (157.5% above fair value)
  • GF Score™: 38/100 with 6 warning signs
  • Industry Position: 1004.2% above the Metals & Mining median (#1434 of 1528)

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


GreenX Metals Business Description

Address 38 Jermyn Street, Unit 3C, London, GBR, SW1Y 6DN
GreenX Metals Ltd is engaged in the exploration and development of resource projects. It focuses on the exploration and development of sustainable critical mineral resources. The company operates in one segment, being mineral exploration. Its projects include the Tannenberg Copper Project, the Arctic Rift Copper Project, and the Eleonore North Project.
38GF Score

Get the complete analysis for LSE:GRX

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

£0.52
Price
£0.20
GF Value