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Fortuna Mining (TSX:FVI) Cyclically Adjusted PB Ratio : 1.41 (As of May. 22, 2025)


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What is Fortuna Mining Cyclically Adjusted PB Ratio?

As of today (2025-05-22), Fortuna Mining's current share price is C$8.04. Fortuna Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$5.72. Fortuna Mining's Cyclically Adjusted PB Ratio for today is 1.41.

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

TSX:FVI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.68   Max: 6.18
Current: 1.42

During the past years, Fortuna Mining's highest Cyclically Adjusted PB Ratio was 6.18. The lowest was 0.64. And the median was 1.68.

TSX:FVI's Cyclically Adjusted PB Ratio is ranked worse than
60.31% of 1532 companies
in the Metals & Mining industry
Industry Median: 0.95 vs TSX:FVI: 1.42

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.

Fortuna Mining's adjusted book value per share data for the three months ended in Mar. 2025 was C$6.829. 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 C$5.72 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fortuna Mining Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fortuna Mining'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.

* Premium members only.

Fortuna Mining Cyclically Adjusted PB Ratio Chart

Fortuna Mining Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.94 1.21 1.08 0.99 1.11

Fortuna Mining Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.95 1.24 1.15 1.11 1.53

Competitive Comparison of Fortuna Mining's Cyclically Adjusted PB Ratio

For the Gold subindustry, Fortuna Mining'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.


Fortuna Mining's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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


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Fortuna Mining 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.

Fortuna Mining's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.04/5.72
=1.41

* 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.

Fortuna Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Fortuna Mining's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=6.829/129.1809*129.1809
=6.829

Current CPI (Mar. 2025) = 129.1809.

Fortuna Mining Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.664 100.500 3.424
201509 2.883 100.421 3.709
201512 2.803 99.947 3.623
201603 2.744 101.054 3.508
201606 2.656 102.002 3.364
201609 3.640 101.765 4.621
201612 3.840 101.449 4.890
201703 4.271 102.634 5.376
201706 4.318 103.029 5.414
201709 4.069 103.345 5.086
201712 4.508 103.345 5.635
201803 4.682 105.004 5.760
201806 4.854 105.557 5.940
201809 4.889 105.636 5.979
201812 5.064 105.399 6.207
201903 5.066 106.979 6.117
201906 5.114 107.690 6.135
201909 5.041 107.611 6.051
201912 5.220 107.769 6.257
202003 5.494 107.927 6.576
202006 5.103 108.401 6.081
202009 5.076 108.164 6.062
202012 5.047 108.559 6.006
202103 5.138 110.298 6.018
202106 5.081 111.720 5.875
202109 5.910 112.905 6.762
202112 6.038 113.774 6.856
202203 6.076 117.646 6.672
202206 6.139 120.806 6.565
202209 6.382 120.648 6.833
202212 5.827 120.964 6.223
202303 5.917 122.702 6.229
202306 5.755 124.203 5.986
202309 5.888 125.230 6.074
202312 5.419 125.072 5.597
202403 5.582 126.258 5.711
202406 5.976 127.522 6.054
202409 6.141 127.285 6.232
202412 6.516 127.364 6.609
202503 6.829 129.181 6.829

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.


Fortuna Mining  (TSX:FVI) 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.


Fortuna Mining Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Fortuna Mining's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortuna Mining Business Description

Address
1111 Melville Street, Suite 820, Vancouver, BC, CAN, V6E 3V6
Fortuna Mining Corp is a Canadian-based precious metals mining company with mines in the Latin America and West Africa regions producing gold and silver. It operate mines in Argentina, Burkina Faso, Cote d'Ivoire, Mexico, and Peru. The company's segment consists of Mansfield, Sanu, Sango, Cuzcatlan, Bateas, Corporate. The company generates the majority of its revenue from Sango segment which operates the Seguela gold mine. Geographically, the company generates the majority of its revenue from Cote d'Ivoire location.
Executives
David Whittle Senior Officer
Eric Chapman Senior Officer
Paul Weedon Senior Officer
Luis Dario Ganoza Durant Senior Officer
Jorge A. Ganoza Durant Director
David Charles Laing Director
Cesar Velasco Senior Officer
Alfredo Arturo Sillau Director
Juan Manuel Ruiz-conejo Senior Officer
Kylie Joanne Dickson Director
David Volkert Senior Officer
Mario Szotlender Director

Fortuna Mining Headlines

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