Fort St James Nickel (TSXV:FTJ) Cyclically Adjusted PB Ratio: (As of Aug. 15, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is Fort St James Nickel Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fort St James Nickel  (TSXV:FTJ) 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.


Fort St James Nickel Cyclically Adjusted PB Ratio Related Terms


Fort St James Nickel Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fort St James Nickel'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.

Fort St James Nickel Cyclically Adjusted PB Ratio Chart

Fort St James Nickel 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 10.56 0.00 0.00 0.00 0.00

Fort St James Nickel 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 0.00 0.00 0.00 0.00 0.00

Fort St James Nickel Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Fort St James Nickel'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.


Fort St James Nickel Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Fort St James Nickel's Cyclically Adjusted PB Ratio falls into.



Fort St James Nickel 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.

Fort St James Nickel's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 is calculated as:

For example, Fort St James Nickel'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)
=-0.08/130.3661*130.3661
=-0.080

Current CPI (Jan. 2026) = 130.3661.

Fort St James Nickel Quarterly Data

Book Value per Share CPI Adj_Book
201604 -0.109 101.370 -0.140
201607 -0.077 101.844 -0.099
201610 -0.018 102.002 -0.023
201701 -0.009 102.318 -0.011
201704 -0.020 103.029 -0.025
201707 0.004 103.029 0.005
201710 0.012 103.424 0.015
201801 -0.004 104.056 -0.005
201804 -0.010 105.320 -0.012
201807 -0.009 106.110 -0.011
201810 -0.021 105.952 -0.026
201901 -0.026 105.557 -0.032
201904 -0.033 107.453 -0.040
201907 -0.038 108.243 -0.046
201910 -0.010 107.927 -0.012
202001 -0.011 108.085 -0.013
202004 -0.017 107.216 -0.021
202007 -0.019 108.401 -0.023
202010 -0.020 108.638 -0.024
202101 -0.021 109.192 -0.025
202104 -0.020 110.851 -0.024
202107 -0.002 112.431 -0.002
202110 -0.006 113.695 -0.007
202201 -0.021 114.801 -0.024
202204 -0.029 118.357 -0.032
202207 -0.033 120.964 -0.036
202210 -0.044 121.517 -0.047
202301 -0.046 121.596 -0.049
202304 -0.054 123.571 -0.057
202307 -0.060 124.914 -0.063
202310 -0.053 125.310 -0.055
202401 -0.056 125.072 -0.058
202404 -0.060 126.890 -0.062
202407 -0.061 128.075 -0.062
202410 -0.065 127.838 -0.066
202501 -0.068 127.443 -0.070
202504 -0.072 129.102 -0.073
202507 -0.074 130.290 -0.074
202510 -0.077 130.603 -0.077
202601 -0.080 130.366 -0.080

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.


Fort St James Nickel Business Description

Address 888 Dunsmuir Street, Suite 888, Vancouver, BC, CAN, V6C 3K4
Fort St James Nickel Corp is a Canadian-based mineral exploration company. It is engaged in the acquisition, evaluation, and exploration of mineral properties in North America. The company's properties include the Kilometer Property in British Columbia the Porcupine Property and Nepisiguit Property in New Brunswick.