NSHRF (Northern Shield Resources) Cyclically Adjusted PB Ratio: 0.78 (As of Jul. 29, 2026)

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What is Northern Shield Resources Cyclically Adjusted PB Ratio?

Northern Shield Resources NSHRF Cyclically Adjusted PB Ratio is 0.78 as of Jul. 29, 2026. The stock has 1 warning sign investors should review. Among 1,538 Metals & Mining companies, Northern Shield Resources ranks better than 67.82% on this metric.

As of today (2026-07-29), Northern Shield Resources's current share price is $0.031. Northern Shield Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.04. Northern Shield Resources's Cyclically Adjusted PB Ratio for today is 0.78.

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

NSHRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.64
Current: 0.64

During the past years, Northern Shield Resources's highest Cyclically Adjusted PB Ratio was 0.64. The lowest was 0.00. And the median was 0.00.

NSHRF's Cyclically Adjusted PB Ratio is ranked better than
67.82% of 1538 companies
in the Metals & Mining industry
Industry Median: 1.415 vs NSHRF: 0.64

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.

Northern Shield Resources's adjusted book value per share data for the three months ended in Mar. 2026 was $0.022. 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 $0.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Northern Shield Resources  (OTCPK:NSHRF) 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.


Northern Shield Resources Cyclically Adjusted PB Ratio Related Terms


Northern Shield Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Northern Shield 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.

Northern Shield Resources Cyclically Adjusted PB Ratio Chart

Northern Shield Resources 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 1.86 0.35 0.36 0.60 1.03

Northern Shield Resources 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 0.55 1.56 0.74 1.03 0.64

Northern Shield Resources Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Northern Shield 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.


Northern Shield Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Northern Shield 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.

Northern Shield Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.031/0.04
=0.78

* 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.

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

For example, Northern Shield Resources'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)
=0.022/132.2623*132.2623
=0.022

Current CPI (Mar. 2026) = 132.2623.

Northern Shield Resources Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.033 102.002 0.043
201609 0.055 101.765 0.071
201612 0.063 101.449 0.082
201703 0.060 102.634 0.077
201706 0.056 103.029 0.072
201709 0.059 103.345 0.076
201712 0.052 103.345 0.067
201803 0.046 105.004 0.058
201806 0.036 105.557 0.045
201809 0.035 105.636 0.044
201812 0.029 105.399 0.036
201903 0.030 106.979 0.037
201906 0.032 107.690 0.039
201909 0.033 107.611 0.041
201912 0.036 107.769 0.044
202003 0.036 107.927 0.044
202006 0.034 108.401 0.041
202009 0.067 108.164 0.082
202012 0.070 108.559 0.085
202103 0.070 110.298 0.084
202106 0.070 111.720 0.083
202109 0.071 112.905 0.083
202112 0.072 113.774 0.084
202203 0.071 117.646 0.080
202206 0.068 120.806 0.074
202209 0.063 120.648 0.069
202212 0.056 120.964 0.061
202303 0.054 122.702 0.058
202306 0.053 124.203 0.056
202309 0.050 125.230 0.053
202312 0.047 125.072 0.050
202403 0.045 126.258 0.047
202406 0.020 127.522 0.021
202409 0.019 127.285 0.020
202412 0.018 127.364 0.019
202503 0.017 129.181 0.017
202506 0.019 129.892 0.019
202509 0.018 130.287 0.018
202512 0.020 130.366 0.020
202603 0.022 132.262 0.022

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 0.78 mean?
Northern Shield Resources (NSHRF) has a Cyclically Adjusted PB Ratio of 0.78 as of Jul. 29, 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 Northern Shield Resources and its competitors. According to the industry distribution chart, Northern Shield Resources ranks #495 out of 1538 companies in the Metals & Mining industry, placing it in the top 32.2%.
Is Northern Shield Resources' Cyclically Adjusted PB Ratio too high?
Northern Shield Resources' current Cyclically Adjusted PB Ratio is 0.78. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.42. Northern Shield Resources' value of 0.78 is 44.9% below this industry median. Based on the distribution chart, Northern Shield Resources ranks #495 out of 1538 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Northern Shield Resources' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Northern Shield Resources ranks #495 out of 1538 companies for Cyclically Adjusted PB Ratio. This puts Northern Shield Resources in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.42. Northern Shield Resources' value of 0.78 is 44.9% below this benchmark. 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 1,538 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. Northern Shield Resources's current Cyclically Adjusted PB Ratio of 0.78 is 44.9% below 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 Northern Shield Resources 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. Northern Shield Resources's current Cyclically Adjusted PB Ratio is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Shield Resources stock overvalued right now?
Northern Shield Resources (NSHRF) has a current Cyclically Adjusted PB Ratio of 0.78. The current Cyclically Adjusted PB Ratio is 0.78 and 44.9% below the Metals & Mining industry median of 1.42. 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 Northern Shield Resources (NSHRF), the current Cyclically Adjusted PB Ratio is 0.78 as of Jul. 29, 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.

Northern Shield Resources Business Description

Other Exchanges N9SA:GermanyNRN:Canada
Address 150 Elgin Street, 10th Floor, Ottawa, ON, CAN, K2P 1L4
Northern Shield Resources Inc is a Canadian-based company engaged in generating high-quality exploration targets that views greenfield exploration as an opportunity. It is in the business of identifying, acquiring, and exploring mineral properties located in Eastern Canada. The company has one operating segment involved in the exploration of resource properties. All its exploration activities were in Canada. It holds an interest in Root & Cellar, CSM, and IDEFIX properties.