Condor Resources (TSXV:CN) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

TSXV:CN Condor Resources Inc TSXV:CN
30 GF Score
Price C$0.16
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What is Condor Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Condor Resources  (TSXV:CN) 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.


Condor Resources Cyclically Adjusted PB Ratio Related Terms


Condor Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Condor 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.

Condor Resources Cyclically Adjusted PB Ratio Chart

Condor Resources Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.03 3.03 2.81 4.15 3.02

Condor Resources Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 2.44 3.02 4.19 3.02 4.11

TSXV:CN vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Condor 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.


Condor Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:CN
30GF Score
Condor Resources Inc TSXV:CN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Condor 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.

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

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

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0.038/134.0005*134.0005
=0.038

Current CPI (May. 2026) = 134.0005.

Condor Resources Quarterly Data

Book Value per Share CPI Adj_Book
201608 0.019 101.686 0.025
201611 0.019 101.607 0.025
201702 0.023 102.476 0.030
201705 0.025 103.108 0.032
201708 0.024 103.108 0.031
201711 0.023 103.740 0.030
201802 0.021 104.688 0.027
201805 0.021 105.399 0.027
201808 0.020 106.031 0.025
201811 0.019 105.478 0.024
201902 0.019 106.268 0.024
201905 0.023 107.927 0.029
201908 0.021 108.085 0.026
201911 0.020 107.769 0.025
202002 0.019 108.559 0.023
202005 0.019 107.532 0.024
202008 0.026 108.243 0.032
202011 0.025 108.796 0.031
202102 0.047 109.745 0.057
202105 0.045 111.404 0.054
202108 0.047 112.668 0.056
202111 0.048 113.932 0.056
202202 0.049 115.986 0.057
202205 0.050 120.016 0.056
202208 0.060 120.569 0.067
202211 0.059 121.675 0.065
202302 0.056 122.070 0.061
202305 0.056 124.045 0.060
202308 0.074 125.389 0.079
202311 0.073 125.468 0.078
202402 0.073 125.468 0.078
202405 0.072 127.601 0.076
202408 0.069 127.838 0.072
202411 0.070 127.838 0.073
202502 0.040 128.786 0.042
202505 0.044 129.813 0.045
202508 0.042 130.208 0.043
202511 0.039 130.682 0.040
202602 0.038 131.077 0.039
202605 0.038 134.001 0.038

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.


Condor Resources Business Description

Other Exchanges CNRIF:USA
Address 800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Condor Resources Inc is engaged in acquiring and exploring mineral properties located in Peru. The company is engaged in the exploration of minerals, emphasizing gold and copper prospects.
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