Cornish Metals (TSXV:CUSN) Cyclically Adjusted PB Ratio: 1.69 (As of Jul. 28, 2026)

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TSXV:CUSN Cornish Metals Inc TSXV:CUSN
24 GF Score
Price C$0.14
! 1 Warning Sign
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What is Cornish Metals Cyclically Adjusted PB Ratio?

Cornish Metals TSXV:CUSN 24 Cyclically Adjusted PB Ratio is 1.69 as of Jul. 28, 2026. GuruFocus rates TSXV:CUSN with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 1,538 Metals & Mining companies, Cornish Metals ranks worse than 63.33% on this metric.

As of today (2026-07-28), Cornish Metals's current share price is C$0.135. Cornish Metals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was C$0.08. Cornish Metals's Cyclically Adjusted PB Ratio for today is 1.69.

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

TSXV:CUSN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.48
Current: 2.48

During the past years, Cornish Metals's highest Cyclically Adjusted PB Ratio was 2.48. The lowest was 0.00. And the median was 0.00.

TSXV:CUSN's Cyclically Adjusted PB Ratio is ranked worse than
63.33% of 1538 companies
in the Metals & Mining industry
Industry Median: 1.42 vs TSXV:CUSN: 2.48

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.

Cornish Metals's adjusted book value per share data for the three months ended in Dec. 2025 was C$0.148. 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$0.08 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cornish Metals  (TSXV:CUSN) 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.


Cornish Metals Cyclically Adjusted PB Ratio Related Terms


Cornish Metals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cornish Metals'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.

Cornish Metals Cyclically Adjusted PB Ratio Chart

Cornish Metals Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 12.28 8.25 2.39 1.81

Cornish Metals Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 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 2.39 2.04 2.11 1.82 1.81

Cornish Metals Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Cornish Metals'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.


Cornish Metals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:CUSN
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Cornish Metals Inc TSXV:CUSN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cornish Metals 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.

Cornish Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.135/0.08
=1.69

* 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.

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

For example, Cornish Metals'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)
=0.148/139.9000*139.9000
=0.148

Current CPI (Dec. 2025) = 139.9000.

Cornish Metals Quarterly Data

Book Value per Share CPI Adj_Book
201601 0.046 99.900 0.064
201604 0.033 100.600 0.046
201607 0.080 100.900 0.111
201610 0.072 101.600 0.099
201701 0.124 101.800 0.170
201704 0.105 103.200 0.142
201707 0.106 103.500 0.143
201710 0.107 104.400 0.143
201801 0.104 104.500 0.139
201804 0.098 105.500 0.130
201807 0.082 105.900 0.108
201810 0.110 106.700 0.144
201901 0.101 106.400 0.133
201904 0.095 107.600 0.124
201907 0.081 108.000 0.105
201910 0.092 108.300 0.119
202001 0.080 108.300 0.103
202004 0.059 108.600 0.076
202007 0.055 109.200 0.070
202010 0.054 109.200 0.069
202101 0.055 109.300 0.070
202104 0.074 110.400 0.094
202107 0.075 111.400 0.094
202110 0.074 113.400 0.091
202201 0.072 114.600 0.088
202204 0.065 119.000 0.076
202207 0.160 121.200 0.185
202210 0.159 124.300 0.179
202301 0.168 124.800 0.188
202304 0.170 128.300 0.185
202307 0.172 129.000 0.187
202310 0.168 130.200 0.181
202403 0.168 131.600 0.179
202406 0.167 133.000 0.176
202409 0.181 133.500 0.190
202412 0.179 135.100 0.185
202503 0.158 136.100 0.162
202506 0.155 138.400 0.157
202509 0.153 138.900 0.154
202512 0.148 139.900 0.148

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 1.69 mean?
Cornish Metals (TSXV:CUSN) has a Cyclically Adjusted PB Ratio of 1.69 as of Jul. 28, 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 Cornish Metals and its competitors. According to the industry distribution chart, Cornish Metals ranks #974 out of 1538 companies in the Metals & Mining industry, placing it in the top 63.3%.
Is Cornish Metals' Cyclically Adjusted PB Ratio too high?
Cornish Metals' current Cyclically Adjusted PB Ratio is 1.69. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.42. Cornish Metals' value of 1.69 is 19% above this industry median. Based on the distribution chart, Cornish Metals ranks #974 out of 1538 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Cornish Metals has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Cornish Metals' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Cornish Metals ranks #974 out of 1538 companies for Cyclically Adjusted PB Ratio. This places Cornish Metals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.42. Cornish Metals' value of 1.69 is 19% above 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 a Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.42, based on 1,538 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. Cornish Metals's current Cyclically Adjusted PB Ratio of 1.69 is 19% above 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 Cornish Metals and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cornish Metals's current Cyclically Adjusted PB Ratio is 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cornish Metals stock overvalued right now?
Cornish Metals (TSXV:CUSN) has a current Cyclically Adjusted PB Ratio of 1.69. The current Cyclically Adjusted PB Ratio is 1.69 and 19% above the Metals & Mining industry median of 1.42. Cornish Metals' overall GF Score™ is 24/100 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 Cornish Metals (TSXV:CUSN), the current Cyclically Adjusted PB Ratio is 1.69 as of Jul. 28, 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.

Cornish Metals Business Description

Other Exchanges TIN:UK5S5:Germany
Address Malpas Road, Osprey House, Truro, GBR, TR1 1UT
Cornish Metals PLC is a mineral exploration and development company. The company is focused on advancing its wholly owned and permitted South Crofty tin project in Cornwall, United Kingdom. The Company also holds other mineral rights in Cornwall with potential for the discovery of tin, copper, lithium, tungsten, zinc and silver mineralisation. The other projects of the company include Carn Brea Exploration, United Downs Project, and South Crofty.
24GF Score

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

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