Fuse Battery Metals (TSXV:FUSE) Cyclically Adjusted PB Ratio: (As of Sep. 21, 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 Fuse Battery Metals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fuse Battery Metals  (TSXV:FUSE) 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.


Fuse Battery Metals Cyclically Adjusted PB Ratio Related Terms


Fuse Battery Metals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fuse Battery 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.

Fuse Battery Metals Cyclically Adjusted PB Ratio Chart

Fuse Battery Metals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.20 0.21 0.05 0.07

Fuse Battery Metals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Jun26
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 0.04 0.05 0.06 0.06 0.06

Fuse Battery Metals Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Fuse Battery 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.


Fuse Battery Metals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Fuse Battery 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.

Fuse Battery Metals's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Fuse Battery Metals's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.009/133.5265*133.5265
=0.009

Current CPI (Jun. 2026) = 133.5265.

Fuse Battery Metals Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.757 102.002 0.991
201609 1.813 101.765 2.379
201612 1.569 101.449 2.065
201703 1.830 102.634 2.381
201706 2.158 103.029 2.797
201709 2.219 103.345 2.867
201712 1.536 103.345 1.985
201803 1.568 105.004 1.994
201806 1.563 105.557 1.977
201809 1.496 105.636 1.891
201812 1.117 105.399 1.415
201903 0.815 106.979 1.017
201906 0.798 107.690 0.989
201909 0.788 107.611 0.978
201912 0.612 107.769 0.758
202003 0.324 107.927 0.401
202006 0.284 108.401 0.350
202009 0.246 108.164 0.304
202012 0.240 108.559 0.295
202103 0.213 110.298 0.258
202106 0.210 111.720 0.251
202109 0.203 112.905 0.240
202112 0.198 113.774 0.232
202203 0.199 117.646 0.226
202206 0.192 120.806 0.212
202209 0.169 120.648 0.187
202212 0.170 120.964 0.188
202303 0.166 122.702 0.181
202306 0.161 124.203 0.173
202309 0.157 125.230 0.167
202312 0.152 125.072 0.162
202403 0.148 126.258 0.157
202406 0.144 127.522 0.151
202409 0.140 127.285 0.147
202412 0.025 127.364 0.026
202503 0.021 129.181 0.022
202506 0.017 129.892 0.017
202509 0.017 130.287 0.017
202512 -0.004 130.366 -0.004
202606 0.009 133.527 0.009

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.


Fuse Battery Metals Business Description

Address 3028 Quadra Court, Coquitlam, BC, CAN, V3B 5X6
Fuse Battery Metals Inc is a Canada-based company engaged in the exploration and development of exploration and evaluation properties. The company currently holds interests in exploration and evaluation properties in the province of Ontario, Canada, and the state of Nevada, USA. Its projects include the Glencore Bucke Cobalt property, Teledyne Cobalt property, Lithium Springs Property, and Monitor Valley North Property.