Cartier Silver (STU:2CI0) Cyclically Adjusted PB Ratio: 0.89 (As of Aug. 02, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:2CI0 Cartier Silver Corp STU:2CI0
30 GF Score
Price €0.07
! 1 Warning Sign
View Full Analysis

What is Cartier Silver Cyclically Adjusted PB Ratio?

Cartier Silver STU:2CI0 30 Cyclically Adjusted PB Ratio is 0.89 as of Aug. 02, 2026. GuruFocus rates STU:2CI0 with a GF Score™ of 30/100. The stock has 1 warning sign investors should review. Among 1,535 Metals & Mining companies, Cartier Silver ranks better than 60.52% on this metric.

As of today (2026-08-02), Cartier Silver's current share price is €0.071. Cartier Silver's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.08. Cartier Silver's Cyclically Adjusted PB Ratio for today is 0.89.

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

STU:2CI0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.91
Current: 0.91

During the past years, Cartier Silver's highest Cyclically Adjusted PB Ratio was 0.91. The lowest was 0.00. And the median was 0.00.

STU:2CI0's Cyclically Adjusted PB Ratio is ranked better than
60.52% of 1535 companies
in the Metals & Mining industry
Industry Median: 1.4 vs STU:2CI0: 0.91

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.

Cartier Silver's adjusted book value per share data for the three months ended in Mar. 2026 was €0.065. 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 €0.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cartier Silver  (STU:2CI0) 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.


Cartier Silver Cyclically Adjusted PB Ratio Related Terms


Cartier Silver Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cartier Silver'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.

Cartier Silver Cyclically Adjusted PB Ratio Chart

Cartier Silver 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 3.84 3.63 1.61 0.61 1.99

Cartier Silver 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 0.90 0.87 1.07 1.99 1.19

STU:2CI0 vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Cartier Silver'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.


Cartier Silver Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


STU:2CI0
30GF Score
Cartier Silver Corp STU:2CI0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cartier Silver 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.

Cartier Silver's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.071/0.08
=0.89

* 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.

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

For example, Cartier Silver'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)
=0.065/132.2623*132.2623
=0.065

Current CPI (Mar. 2026) = 132.2623.

Cartier Silver Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.137 102.002 -0.178
201609 -0.152 101.765 -0.198
201612 -0.034 101.449 -0.044
201703 -0.038 102.634 -0.049
201706 -0.054 103.029 -0.069
201709 -0.070 103.345 -0.090
201712 -0.004 103.345 -0.005
201803 -0.026 105.004 -0.033
201806 0.019 105.557 0.024
201809 0.048 105.636 0.060
201812 0.043 105.399 0.054
201903 0.036 106.979 0.045
201906 0.055 107.690 0.068
201909 0.049 107.611 0.060
201912 0.037 107.769 0.045
202003 0.029 107.927 0.036
202006 0.028 108.401 0.034
202009 0.068 108.164 0.083
202012 0.079 108.559 0.096
202103 0.350 110.298 0.420
202106 0.403 111.720 0.477
202109 0.312 112.905 0.365
202112 0.244 113.774 0.284
202203 0.435 117.646 0.489
202206 0.328 120.806 0.359
202209 0.363 120.648 0.398
202212 0.196 120.964 0.214
202303 0.183 122.702 0.197
202306 0.175 124.203 0.186
202309 0.083 125.230 0.088
202312 0.080 125.072 0.085
202403 0.063 126.258 0.066
202406 0.049 127.522 0.051
202409 0.032 127.285 0.033
202412 0.028 127.364 0.029
202503 0.025 129.181 0.026
202506 0.036 129.892 0.037
202509 0.052 130.287 0.053
202512 0.071 130.366 0.072
202603 0.065 132.262 0.065

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 0.89 mean?
Cartier Silver (STU:2CI0) has a Cyclically Adjusted PB Ratio of 0.89 as of Aug. 02, 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 Cartier Silver and its competitors. According to the industry distribution chart, Cartier Silver ranks #606 out of 1535 companies in the Metals & Mining industry, placing it in the top 39.5%.
Is Cartier Silver's Cyclically Adjusted PB Ratio too high?
Cartier Silver's current Cyclically Adjusted PB Ratio is 0.89. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. Cartier Silver's value of 0.89 is 36.4% below this industry median. Based on the distribution chart, Cartier Silver ranks #606 out of 1535 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Cartier Silver has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Cartier Silver's Cyclically Adjusted PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Cartier Silver ranks #606 out of 1535 companies for Cyclically Adjusted PB Ratio. This puts Cartier Silver in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.40. Cartier Silver's value of 0.89 is 36.4% 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 1.40, based on 1,535 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. Cartier Silver's current Cyclically Adjusted PB Ratio of 0.89 is 36.4% 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 Cartier Silver and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cartier Silver's current Cyclically Adjusted PB Ratio is 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cartier Silver stock overvalued right now?
Cartier Silver (STU:2CI0) has a current Cyclically Adjusted PB Ratio of 0.89. The current Cyclically Adjusted PB Ratio is 0.89 and 36.4% below the Metals & Mining industry median of 1.40. Cartier Silver's overall GF Score™ is 30/100 with 1 warning sign 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 Cartier Silver (STU:2CI0), the current Cyclically Adjusted PB Ratio is 0.89 as of Aug. 02, 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.

Cartier Silver Business Description

Other Exchanges CRTIF:USACFE:Canada
Address 20 Adelaide Street East, Suite 200, Toronto, ON, CAN, M5C 2T6
Cartier Silver Corp is an exploration-stage company focused on silver, gold and iron ore. The company is engaged in the exploration and development of silver properties in Bolivia, iron ore properties in Quebec, and gold properties in Newfoundland. The company holds an interest in Chorrillos, Gagnon Holdings, and Big Easy properties.
30GF Score

Get the complete analysis for STU:2CI0

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

€0.07
Price