1844 Resources (TSXV:EFF) Cyclically Adjusted PB Ratio: 2.50 (As of Aug. 03, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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 1844 Resources Cyclically Adjusted PB Ratio?

1844 Resources TSXV:EFF Cyclically Adjusted PB Ratio is 2.50 as of Aug. 03, 2026. The stock has 2 warning signs investors should review. Among 1,535 Metals & Mining companies, 1844 Resources ranks worse than 56.35% on this metric.

As of today (2026-08-03), 1844 Resources's current share price is C$0.025. 1844 Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 was C$0.01. 1844 Resources's Cyclically Adjusted PB Ratio for today is 2.50.

The historical rank and industry rank for 1844 Resources's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSXV:EFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.85
Current: 1.85

During the past years, 1844 Resources's highest Cyclically Adjusted PB Ratio was 1.85. The lowest was 0.00. And the median was 0.00.

TSXV:EFF's Cyclically Adjusted PB Ratio is ranked worse than
56.35% of 1535 companies
in the Metals & Mining industry
Industry Median: 1.4 vs TSXV:EFF: 1.85

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.

1844 Resources's adjusted book value per share data for the three months ended in Jan. 2026 was C$-0.002. 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$0.01 for the trailing ten years ended in Jan. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


1844 Resources  (TSXV:EFF) 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.


1844 Resources Cyclically Adjusted PB Ratio Related Terms


1844 Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for 1844 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.

1844 Resources Cyclically Adjusted PB Ratio Chart

1844 Resources Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.31 0.22 0.16 0.52

1844 Resources Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 0.42 0.52 0.55 0.80 1.85

1844 Resources Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, 1844 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.


1844 Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, 1844 Resources's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where 1844 Resources's Cyclically Adjusted PB Ratio falls into.



1844 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.

1844 Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.025/0.01
=2.50

* 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.

1844 Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 is calculated as:

For example, 1844 Resources's adjusted Book Value per Share data for the three months ended in Jan. 2026 was:

Adj_Book=Book Value per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=-0.002/130.3661*130.3661
=-0.002

Current CPI (Jan. 2026) = 130.3661.

1844 Resources Quarterly Data

Book Value per Share CPI Adj_Book
201604 0.136 101.370 0.175
201607 0.132 101.844 0.169
201610 0.128 102.002 0.164
201701 0.127 102.318 0.162
201704 -0.030 103.029 -0.038
201707 -0.032 103.029 -0.040
201710 -0.030 103.424 -0.038
201801 -0.030 104.056 -0.038
201804 -0.035 105.320 -0.043
201807 -0.019 106.110 -0.023
201810 -0.022 105.952 -0.027
201901 -0.026 105.557 -0.032
201904 -0.017 107.453 -0.021
201907 -0.019 108.243 -0.023
201910 -0.016 107.927 -0.019
202001 -0.006 108.085 -0.007
202004 -0.004 107.216 -0.005
202007 -0.006 108.401 -0.007
202010 0.013 108.638 0.016
202101 0.019 109.192 0.023
202104 0.018 110.851 0.021
202107 0.021 112.431 0.024
202110 0.020 113.695 0.023
202201 0.019 114.801 0.022
202204 0.017 118.357 0.019
202207 0.017 120.964 0.018
202210 0.015 121.517 0.016
202301 0.014 121.596 0.015
202304 0.011 123.571 0.012
202307 0.010 124.914 0.010
202310 0.009 125.310 0.009
202401 0.007 125.072 0.007
202404 0.005 126.890 0.005
202407 0.004 128.075 0.004
202410 0.003 127.838 0.003
202501 0.005 127.443 0.005
202504 -0.006 129.102 -0.006
202507 -0.007 130.290 -0.007
202510 -0.003 130.603 -0.003
202601 -0.002 130.366 -0.002

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 2.50 mean?
1844 Resources (TSXV:EFF) has a Cyclically Adjusted PB Ratio of 2.50 as of Aug. 03, 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 1844 Resources and its competitors. According to the industry distribution chart, 1844 Resources ranks #865 out of 1535 companies in the Metals & Mining industry, placing it in the top 56.4%.
Is 1844 Resources' Cyclically Adjusted PB Ratio too high?
1844 Resources' current Cyclically Adjusted PB Ratio is 2.50. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. 1844 Resources' value of 2.50 is 78.6% above this industry median. Based on the distribution chart, 1844 Resources ranks #865 out of 1535 companies in the Metals & Mining industry, which is below the industry midpoint.
How does 1844 Resources' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, 1844 Resources ranks #865 out of 1535 companies for Cyclically Adjusted PB Ratio. This places 1844 Resources in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.40. 1844 Resources' value of 2.50 is 78.6% 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 1.40, based on 1,535 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. 1844 Resources's current Cyclically Adjusted PB Ratio of 2.50 is 78.6% 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 1844 Resources and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 1844 Resources's current Cyclically Adjusted PB Ratio is 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 1844 Resources stock overvalued right now?
1844 Resources (TSXV:EFF) has a current Cyclically Adjusted PB Ratio of 2.50. The current Cyclically Adjusted PB Ratio is 2.50 and 78.6% above the Metals & Mining industry median of 1.40. 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 1844 Resources (TSXV:EFF), the current Cyclically Adjusted PB Ratio is 2.50 as of Aug. 03, 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.

1844 Resources Business Description

Address 224 - 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5
1844 Resources Inc is engaged in the business of identification and exploration of mineral properties. Its projects are Hawk Ridge, Vortex, and Native Copper.