Karnalyte Resources (TSX:KRN) Cyclically Adjusted PB Ratio: 0.97 (As of Sep. 11, 2026)

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TSX:KRN Karnalyte Resources Inc TSX:KRN
23 GF Score
Price C$0.29
! 1 Warning Sign
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What is Karnalyte Resources Cyclically Adjusted PB Ratio?

Karnalyte Resources TSX:KRN -3.33% 23 Cyclically Adjusted PB Ratio is 0.97 as of Sep. 11, 2026. GuruFocus rates TSX:KRN with a GF Score™ of 23/100. The stock has 1 warning sign investors should review. Among 163 Agriculture companies, Karnalyte Resources ranks better than 66.26% on this metric.

As of today (2026-09-11), Karnalyte Resources's current share price is C$0.29. Karnalyte Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was C$0.30. Karnalyte Resources's Cyclically Adjusted PB Ratio for today is 0.97.

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

TSX:KRN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.04
Current: 1.04

During the past years, Karnalyte Resources's highest Cyclically Adjusted PB Ratio was 1.04. The lowest was 0.00. And the median was 0.00.

TSX:KRN's Cyclically Adjusted PB Ratio is ranked better than
66.26% of 163 companies
in the Agriculture industry
Industry Median: 1.47 vs TSX:KRN: 1.04

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.

Karnalyte Resources's adjusted book value per share data for the three months ended in Jun. 2026 was C$0.070. 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$0.30 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Karnalyte Resources  (TSX:KRN) 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.


Karnalyte Resources Cyclically Adjusted PB Ratio Related Terms


Karnalyte Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Karnalyte 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.

Karnalyte Resources Cyclically Adjusted PB Ratio Chart

Karnalyte 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 0.27 0.19 0.23 0.23 0.76

Karnalyte Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 0.40 0.30 0.76 0.97 1.04

TSX:KRN vs CTVA, CF, MOS: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, Karnalyte 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.


Karnalyte Resources Cyclically Adjusted PB Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Karnalyte Resources's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSX:KRN
23GF Score
Karnalyte Resources Inc TSX:KRN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Karnalyte 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.29/0.30
=0.97

* 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.

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

For example, Karnalyte Resources's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.07/133.5265*133.5265
=0.070

Current CPI (Jun. 2026) = 133.5265.

Karnalyte Resources Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.681 101.765 0.894
201612 0.630 101.449 0.829
201703 0.630 102.634 0.820
201706 0.583 103.029 0.756
201709 0.545 103.345 0.704
201712 0.529 103.345 0.683
201803 0.508 105.004 0.646
201806 0.474 105.557 0.600
201809 0.437 105.636 0.552
201812 0.315 105.399 0.399
201903 0.296 106.979 0.369
201906 0.276 107.690 0.342
201909 0.256 107.611 0.318
201912 0.249 107.769 0.309
202003 0.239 107.927 0.296
202006 0.223 108.401 0.275
202009 0.203 108.164 0.251
202012 0.175 108.559 0.215
202103 0.162 110.298 0.196
202106 0.144 111.720 0.172
202109 0.138 112.905 0.163
202112 0.127 113.774 0.149
202203 0.118 117.646 0.134
202206 0.109 120.806 0.120
202209 0.156 120.648 0.173
202212 0.148 120.964 0.163
202303 0.141 122.702 0.153
202306 0.133 124.203 0.143
202309 0.129 125.230 0.138
202312 0.122 125.072 0.130
202403 0.113 126.258 0.120
202406 0.104 127.522 0.109
202409 0.098 127.285 0.103
202412 0.086 127.364 0.090
202503 0.076 129.181 0.079
202506 0.085 129.892 0.087
202509 0.076 130.287 0.078
202512 0.068 130.366 0.070
202603 0.058 132.262 0.059
202606 0.070 133.527 0.070

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 0.97 mean?
Karnalyte Resources (TSX:KRN) has a Cyclically Adjusted PB Ratio of 0.97 as of Sep. 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 Karnalyte Resources and its competitors. According to the industry distribution chart, Karnalyte Resources ranks #55 out of 163 companies in the Agriculture industry, placing it in the top 33.7%.
Is Karnalyte Resources' Cyclically Adjusted PB Ratio too high?
Karnalyte Resources' current Cyclically Adjusted PB Ratio is 0.97. The Agriculture industry median Cyclically Adjusted PB Ratio is 1.47. Karnalyte Resources' value of 0.97 is 34% below this industry median. Based on the distribution chart, Karnalyte Resources ranks #55 out of 163 companies in the Agriculture industry, which is above the industry midpoint. Overall, Karnalyte Resources has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Karnalyte Resources' Cyclically Adjusted PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Karnalyte Resources ranks #55 out of 163 companies for Cyclically Adjusted PB Ratio. This puts Karnalyte Resources in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.47. Karnalyte Resources' value of 0.97 is 34% 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 an Agriculture company?
The median Cyclically Adjusted PB Ratio among Agriculture companies is 1.47, based on 163 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. Karnalyte Resources's current Cyclically Adjusted PB Ratio of 0.97 is 34% 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 Karnalyte Resources and its competitors. For the Agriculture industry, the median Cyclically Adjusted PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karnalyte Resources's current Cyclically Adjusted PB Ratio is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karnalyte Resources stock overvalued right now?
Karnalyte Resources (TSX:KRN) has a current Cyclically Adjusted PB Ratio of 0.97. The current Cyclically Adjusted PB Ratio is 0.97 and 34% below the Agriculture industry median of 1.47. Karnalyte Resources' overall GF Score™ is 23/100 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 Karnalyte Resources (TSX:KRN), the current Cyclically Adjusted PB Ratio is 0.97 as of Sep. 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.

Karnalyte Resources Business Description

Other Exchanges KRLTF:USA
Address 409 3rd Avenue S, Suite 1201, Saskatoon, SK, CAN, S7K 5R5
Karnalyte Resources Inc is focused on the development of potash and magnesium operations in Saskatchewan, Canada. Its potash project in Wynyard, Saskatchewan (the Wynyard Project) is a proposed potash mine utilizing conventional solution mining methods for the production of white granular potash product (KCl 97) with low sodium content. The company has also done a preliminary feasibility study for the production of Hydromagnesite and MgCl2 brine.
23GF Score

Get the complete analysis for TSX:KRN

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

C$0.29
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