Highland Copper Co (TSXV:HI) Cyclically Adjusted PB Ratio: 2.00 (As of Sep. 04, 2026)

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TSXV:HI Highland Copper Co Inc TSXV:HI
33 GF Score
Price C$0.18
! 1 Warning Sign
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What is Highland Copper Co Cyclically Adjusted PB Ratio?

Highland Copper Co TSXV:HI +5.88% 33 Cyclically Adjusted PB Ratio is 2.00 as of Sep. 04, 2026. GuruFocus rates TSXV:HI with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 1,500 Metals & Mining companies, Highland Copper Co ranks worse than 53.4% on this metric.

As of today (2026-09-04), Highland Copper Co's current share price is C$0.18. Highland Copper Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.09. Highland Copper Co's Cyclically Adjusted PB Ratio for today is 2.00.

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

TSXV:HI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.84
Current: 1.84

During the past years, Highland Copper Co's highest Cyclically Adjusted PB Ratio was 1.84. The lowest was 0.00. And the median was 0.00.

TSXV:HI's Cyclically Adjusted PB Ratio is ranked worse than
53.4% of 1500 companies
in the Metals & Mining industry
Industry Median: 1.55 vs TSXV:HI: 1.84

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.

Highland Copper Co's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.075. 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$0.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Highland Copper Co  (TSXV:HI) 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.


Highland Copper Co Cyclically Adjusted PB Ratio Related Terms


Highland Copper Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Highland Copper Co'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.

Highland Copper Co Cyclically Adjusted PB Ratio Chart

Highland Copper Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.49 0.36 0.71 0.77

Highland Copper Co 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 0.79 0.77 1.61 1.47 1.55

TSXV:HI vs SCCO, FCX: Cyclically Adjusted PB Ratio Comparison

For the Copper subindustry, Highland Copper Co'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.


Highland Copper Co Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Highland Copper Co's Cyclically Adjusted PB Ratio falls into.


TSXV:HI
33GF Score
Highland Copper Co Inc TSXV:HI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Highland Copper Co 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.

Highland Copper Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.18/0.09
=2.00

* 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.

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

For example, Highland Copper Co'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)
=0.075/132.2623*132.2623
=0.075

Current CPI (Mar. 2026) = 132.2623.

Highland Copper Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.128 102.002 0.166
201609 0.314 101.765 0.408
201612 0.277 101.449 0.361
201703 0.170 102.634 0.219
201706 0.096 103.029 0.123
201709 0.084 103.345 0.108
201712 0.080 103.345 0.102
201803 0.073 105.004 0.092
201806 0.067 105.557 0.084
201809 0.062 105.636 0.078
201812 0.061 105.399 0.077
201903 0.058 106.979 0.072
201906 0.006 107.690 0.007
201909 0.003 107.611 0.004
201912 0.000 107.769 0.000
202003 -0.003 107.927 -0.004
202006 -0.005 108.401 -0.006
202009 -0.008 108.164 -0.010
202012 -0.010 108.559 -0.012
202103 -0.012 110.298 -0.014
202106 0.040 111.720 0.047
202109 0.065 112.905 0.076
202112 0.064 113.774 0.074
202203 0.061 117.646 0.069
202206 0.060 120.806 0.066
202209 0.060 120.648 0.066
202212 0.058 120.964 0.063
202303 0.055 122.702 0.059
202306 0.050 124.203 0.053
202309 0.116 125.230 0.123
202312 0.105 125.072 0.111
202403 0.103 126.258 0.108
202406 0.098 127.522 0.102
202409 0.085 127.285 0.088
202412 0.083 127.364 0.086
202503 0.079 129.181 0.081
202506 0.070 129.892 0.071
202509 0.063 130.287 0.064
202512 0.058 130.366 0.059
202603 0.075 132.262 0.075

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 2.00 mean?
Highland Copper Co (TSXV:HI) has a Cyclically Adjusted PB Ratio of 2.00 as of Sep. 04, 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 Highland Copper Co and its competitors. According to the industry distribution chart, Highland Copper Co ranks #801 out of 1500 companies in the Metals & Mining industry, placing it in the top 53.4%.
Is Highland Copper Co's Cyclically Adjusted PB Ratio too high?
Highland Copper Co's current Cyclically Adjusted PB Ratio is 2.00. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.55. Highland Copper Co's value of 2.00 is 29% above this industry median. Based on the distribution chart, Highland Copper Co ranks #801 out of 1500 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Highland Copper Co has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Highland Copper Co's Cyclically Adjusted PB Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Highland Copper Co ranks #801 out of 1500 companies for Cyclically Adjusted PB Ratio. This places Highland Copper Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.55. Highland Copper Co's value of 2.00 is 29% 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 1.55, based on 1,500 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. Highland Copper Co's current Cyclically Adjusted PB Ratio of 2.00 is 29% 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 Highland Copper Co and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highland Copper Co's current Cyclically Adjusted PB Ratio is 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highland Copper Co stock overvalued right now?
Highland Copper Co (TSXV:HI) has a current Cyclically Adjusted PB Ratio of 2.00. The current Cyclically Adjusted PB Ratio is 2.00 and 29% above the Metals & Mining industry median of 1.55. Highland Copper Co's overall GF Score™ is 33/100 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 Highland Copper Co (TSXV:HI), the current Cyclically Adjusted PB Ratio is 2.00 as of Sep. 04, 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.

Highland Copper Co Business Description

Other Exchanges HDRSF:USAC3H1:Germany
Address 130 King Street West, Suite 1900, Toronto, ON, CAN, M5X 1E3
Highland Copper Co Inc is a mineral exploration company principally engaged in the acquisition, exploration, and development of mineral properties. It is a copper development company, focused on sediment-hosted copper projects in the Copper Range District of the Upper Peninsula of Michigan, USA. The projects of the company are the Copperwood project, White Pine North project, UPX Property, and Keweenaw project.
33GF 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.

C$0.18
Price