NorthIsle Copper and Gold (TSXV:NCX) Cyclically Adjusted PB Ratio: 35.33 (As of Aug. 30, 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.

TSXV:NCX NorthIsle Copper and Gold Inc TSXV:NCX
33 GF Score
Price C$4.24
! 2 Warning Signs
View Full Analysis

What is NorthIsle Copper and Gold Cyclically Adjusted PB Ratio?

NorthIsle Copper and Gold TSXV:NCX -1.17% 33 Cyclically Adjusted PB Ratio is 35.33 as of Aug. 30, 2026. GuruFocus rates TSXV:NCX with a GF Score™ of 33/100. The stock has 2 warning signs investors should review. Among 1,501 Metals & Mining companies, NorthIsle Copper and Gold ranks worse than 98.6% on this metric.

As of today (2026-08-30), NorthIsle Copper and Gold's current share price is C$4.24. NorthIsle Copper and Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was C$0.12. NorthIsle Copper and Gold's Cyclically Adjusted PB Ratio for today is 35.33.

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

TSXV:NCX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 36.49
Current: 36.49

During the past years, NorthIsle Copper and Gold's highest Cyclically Adjusted PB Ratio was 36.49. The lowest was 0.00. And the median was 0.00.

TSXV:NCX's Cyclically Adjusted PB Ratio is ranked worse than
98.6% of 1501 companies
in the Metals & Mining industry
Industry Median: 1.57 vs TSXV:NCX: 36.49

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.

NorthIsle Copper and Gold's adjusted book value per share data for the three months ended in Jun. 2026 was C$0.404. 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$0.12 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NorthIsle Copper and Gold  (TSXV:NCX) 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.


NorthIsle Copper and Gold Cyclically Adjusted PB Ratio Related Terms


NorthIsle Copper and Gold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NorthIsle Copper and Gold'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.

NorthIsle Copper and Gold Cyclically Adjusted PB Ratio Chart

NorthIsle Copper and Gold 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 2.85 1.27 3.49 4.13 26.18

NorthIsle Copper and Gold Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 10.85 14.32 26.18 27.57 24.44

NorthIsle Copper and Gold Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, NorthIsle Copper and Gold'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.


NorthIsle Copper and Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where NorthIsle Copper and Gold's Cyclically Adjusted PB Ratio falls into.


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

NorthIsle Copper and Gold 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.

NorthIsle Copper and Gold's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.24/0.12
=35.33

* 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.

NorthIsle Copper and Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, NorthIsle Copper and Gold'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)
=0.404/133.5265*133.5265
=0.404

Current CPI (Jun. 2026) = 133.5265.

NorthIsle Copper and Gold Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.100 101.765 0.131
201612 0.098 101.449 0.129
201703 0.097 102.634 0.126
201706 0.095 103.029 0.123
201709 0.092 103.345 0.119
201712 0.091 103.345 0.118
201803 0.090 105.004 0.114
201806 0.089 105.557 0.113
201809 0.088 105.636 0.111
201812 0.088 105.399 0.111
201903 0.087 106.979 0.109
201906 0.086 107.690 0.107
201909 0.086 107.611 0.107
201912 0.085 107.769 0.105
202003 0.085 107.927 0.105
202006 0.084 108.401 0.103
202009 0.083 108.164 0.102
202012 0.088 108.559 0.108
202103 0.107 110.298 0.130
202106 0.099 111.720 0.118
202109 0.092 112.905 0.109
202112 0.088 113.774 0.103
202203 0.079 117.646 0.090
202206 0.078 120.806 0.086
202209 0.074 120.648 0.082
202212 0.068 120.964 0.075
202303 0.071 122.702 0.077
202306 0.066 124.203 0.071
202309 0.060 125.230 0.064
202312 0.073 125.072 0.078
202403 0.073 126.258 0.077
202406 0.066 127.522 0.069
202409 0.051 127.285 0.054
202412 0.065 127.364 0.068
202503 0.062 129.181 0.064
202506 0.053 129.892 0.054
202509 0.156 130.287 0.160
202512 0.134 130.366 0.137
202603 0.431 132.262 0.435
202606 0.404 133.527 0.404

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 35.33 mean?
NorthIsle Copper and Gold (TSXV:NCX) has a Cyclically Adjusted PB Ratio of 35.33 as of Aug. 30, 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 NorthIsle Copper and Gold and its competitors. According to the industry distribution chart, NorthIsle Copper and Gold ranks #1480 out of 1501 companies in the Metals & Mining industry, placing it in the top 98.6%.
Is NorthIsle Copper and Gold's Cyclically Adjusted PB Ratio too high?
NorthIsle Copper and Gold's current Cyclically Adjusted PB Ratio is 35.33. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.57. NorthIsle Copper and Gold's value of 35.33 is 2150.3% above this industry median. Based on the distribution chart, NorthIsle Copper and Gold ranks #1480 out of 1501 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, NorthIsle Copper and Gold has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does NorthIsle Copper and Gold's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, NorthIsle Copper and Gold ranks #1480 out of 1501 companies for Cyclically Adjusted PB Ratio. This places NorthIsle Copper and Gold in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.57. NorthIsle Copper and Gold's value of 35.33 is 2150.3% 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 1.57, based on 1,501 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. NorthIsle Copper and Gold's current Cyclically Adjusted PB Ratio of 35.33 is 2150.3% 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 NorthIsle Copper and Gold and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NorthIsle Copper and Gold's current Cyclically Adjusted PB Ratio is 35.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NorthIsle Copper and Gold stock overvalued right now?
NorthIsle Copper and Gold (TSXV:NCX) has a current Cyclically Adjusted PB Ratio of 35.33. The current Cyclically Adjusted PB Ratio is 35.33 and 2150.3% above the Metals & Mining industry median of 1.57. NorthIsle Copper and Gold's overall GF Score™ is 33/100 with 2 warning signs 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 NorthIsle Copper and Gold (TSXV:NCX), the current Cyclically Adjusted PB Ratio is 35.33 as of Aug. 30, 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.

NorthIsle Copper and Gold Business Description

Other Exchanges NTCPF:USA0N4:Germany
Address 1040 West Georgia Street, 14 Floor, Vancouver, BC, CAN, V6E 4H1
NorthIsle Copper and Gold Inc is a mineral exploration company. It is a Canadian exploration stage company which is focused on the exploration and development of its North Island Project on Vancouver Island. The nature of the Company's operations requires expenditures for the acquisition, exploration, and evaluation of mineral properties. The Company's operations are in one segment: the acquisition, exploration and development of mineral resource properties.
33GF Score

Get the complete analysis for TSXV:NCX

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

C$4.24
Price