Canadian Premiumnd (TSXV:CPS) Cyclically Adjusted PB Ratio: (As of Jul. 26, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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.

What is Canadian Premiumnd Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Canadian Premiumnd  (TSXV:CPS) 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.


Canadian Premiumnd Cyclically Adjusted PB Ratio Related Terms


Canadian Premiumnd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Canadian Premiumnd'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.

Canadian Premiumnd Cyclically Adjusted PB Ratio Chart

Canadian Premiumnd Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.65 16.23 50.29 0.00 0.00

Canadian Premiumnd 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 0.00 0.00 0.00 0.00 0.00

Canadian Premiumnd Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Canadian Premiumnd'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.


Canadian Premiumnd Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Canadian Premiumnd 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.

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

For example, Canadian Premiumnd'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)
=-0.049/132.2623*132.2623
=-0.049

Current CPI (Mar. 2026) = 132.2623.

Canadian Premiumnd Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.129 102.002 -0.167
201609 -0.155 101.765 -0.201
201612 -0.172 101.449 -0.224
201703 -0.190 102.634 -0.245
201706 0.105 103.029 0.135
201709 -0.334 103.345 -0.427
201712 -0.329 103.345 -0.421
201803 -0.317 105.004 -0.399
201806 0.003 105.557 0.004
201809 0.492 105.636 0.616
201812 0.388 105.399 0.487
201903 0.227 106.979 0.281
201906 -0.051 107.690 -0.063
201909 -0.113 107.611 -0.139
201912 -0.144 107.769 -0.177
202003 -0.126 107.927 -0.154
202006 -0.145 108.401 -0.177
202009 -0.149 108.164 -0.182
202012 -0.167 108.559 -0.203
202103 -0.184 110.298 -0.221
202106 0.015 111.720 0.018
202109 0.020 112.905 0.023
202112 0.003 113.774 0.003
202203 -0.023 117.646 -0.026
202206 -0.045 120.806 -0.049
202209 0.061 120.648 0.067
202212 0.017 120.964 0.019
202303 -0.006 122.702 -0.006
202306 -0.019 124.203 -0.020
202309 -0.036 125.230 -0.038
202312 -0.021 125.072 -0.022
202403 -0.029 126.258 -0.030
202406 -0.038 127.522 -0.039
202409 -0.047 127.285 -0.049
202412 -0.011 127.364 -0.011
202503 -0.019 129.181 -0.019
202506 -0.027 129.892 -0.027
202509 -0.035 130.287 -0.036
202512 -0.043 130.366 -0.044
202603 -0.049 132.262 -0.049

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.


Canadian Premiumnd Business Description

Address 715 - 5th Avenue S.W, Suite 2000, Calgary, AB, CAN, T2P 2X6
Canadian Premium Sand Inc is engaged in quarrying silica sand deposits and developing manufacturing capabilities for ultra-high-clarity patterned solar glass. The company plans to use low-iron silica from its quarry leases and renewable hydroelectric power in its production facility. The company explores and extracts silica sand as feedstock for solar glass production aimed at the renewable energy sector.