Alturas Minerals (TSXV:ALT) Cyclically Adjusted PB Ratio: (As of Jul. 27, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is Alturas Minerals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alturas Minerals  (TSXV:ALT) 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.


Alturas Minerals Cyclically Adjusted PB Ratio Related Terms


Alturas Minerals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alturas Minerals'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.

Alturas Minerals Cyclically Adjusted PB Ratio Chart

Alturas Minerals 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 0.00 0.00 0.00 0.00 0.00

Alturas Minerals Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 0.00 0.00 0.00 0.00

Alturas Minerals Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Alturas Minerals'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.


Alturas Minerals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Alturas Minerals 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.

Alturas Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Alturas Minerals's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-0.02/130.3661*130.3661
=-0.020

Current CPI (Dec. 2025) = 130.3661.

Alturas Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201603 -0.013 101.054 -0.017
201606 -0.013 102.002 -0.017
201609 -0.014 101.765 -0.018
201612 -0.014 101.449 -0.018
201703 -0.015 102.634 -0.019
201706 -0.017 103.029 -0.022
201709 -0.016 103.345 -0.020
201712 -0.014 103.345 -0.018
201803 -0.013 105.004 -0.016
201806 -0.014 105.557 -0.017
201809 -0.015 105.636 -0.019
201812 -0.017 105.399 -0.021
201903 -0.019 106.979 -0.023
201906 -0.019 107.690 -0.023
201909 -0.020 107.611 -0.024
201912 -0.022 107.769 -0.027
202003 -0.024 107.927 -0.029
202006 -0.024 108.401 -0.029
202009 0.012 108.164 0.014
202012 0.001 108.559 0.001
202103 -0.001 110.298 -0.001
202106 0.002 111.720 0.002
202109 -0.006 112.905 -0.007
202112 -0.007 113.774 -0.008
202203 -0.008 117.646 -0.009
202206 -0.011 120.806 -0.012
202209 -0.013 120.648 -0.014
202212 -0.013 120.964 -0.014
202303 -0.013 122.702 -0.014
202306 -0.014 124.203 -0.015
202309 -0.016 125.230 -0.017
202312 -0.017 125.072 -0.018
202403 -0.018 126.258 -0.019
202406 -0.016 127.522 -0.016
202409 -0.017 127.285 -0.017
202412 -0.020 127.364 -0.020
202503 -0.021 129.181 -0.021
202506 -0.020 129.892 -0.020
202509 -0.020 130.287 -0.020
202512 -0.020 130.366 -0.020

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.


Alturas Minerals Business Description

Other Exchanges ALTCF:USA
Address 372 Bay Street, Suite 301, Toronto, ON, CAN, M5H 2W9
Alturas Minerals Corp is engaged in the exploration of mineral projects in Chile. The exploration plan of the company is focused on the discovery of copper-gold porphyry/skarn deposits and large epithermal gold mineralized deposits. The project properties of the company include Copperlode and Resguardo.