Strategic Metals (TSXV:SMD) Cyclically Adjusted PB Ratio: (As of Sep. 20, 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:SMD Strategic Metals Ltd TSXV:SMD
38 GF Score
Price C$0.34
! 1 Warning Sign
View Full Analysis

What is Strategic Metals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Strategic Metals  (TSXV:SMD) 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.


Strategic Metals Cyclically Adjusted PB Ratio Related Terms


Strategic Metals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Strategic 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.

Strategic Metals Cyclically Adjusted PB Ratio Chart

Strategic 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 0.35 0.26 0.21 0.16 0.32

Strategic Metals 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 0.18 0.26 0.32 0.35 0.34

Strategic Metals Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Strategic 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.


Strategic Metals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:SMD
38GF Score
Strategic Metals Ltd TSXV:SMD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Strategic 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.

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

For example, Strategic 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)
=0.758/133.5265*133.5265
=0.758

Current CPI (Jun. 2026) = 133.5265.

Strategic Metals Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.854 101.765 1.121
201612 0.821 101.449 1.081
201703 0.826 102.634 1.075
201706 0.869 103.029 1.126
201709 0.870 103.345 1.124
201712 0.849 103.345 1.097
201803 0.836 105.004 1.063
201806 0.822 105.557 1.040
201809 0.803 105.636 1.015
201812 0.790 105.399 1.001
201903 0.788 106.979 0.984
201906 0.779 107.690 0.966
201909 0.773 107.611 0.959
201912 0.783 107.769 0.970
202003 0.750 107.927 0.928
202006 0.786 108.401 0.968
202009 0.796 108.164 0.983
202012 0.838 108.559 1.031
202103 0.819 110.298 0.991
202106 0.812 111.720 0.970
202109 0.796 112.905 0.941
202112 0.807 113.774 0.947
202203 0.818 117.646 0.928
202206 0.832 120.806 0.920
202209 0.818 120.648 0.905
202212 0.800 120.964 0.883
202303 0.794 122.702 0.864
202306 0.786 124.203 0.845
202309 0.781 125.230 0.833
202312 0.785 125.072 0.838
202403 0.781 126.258 0.826
202406 0.772 127.522 0.808
202409 0.769 127.285 0.807
202412 0.770 127.364 0.807
202503 0.775 129.181 0.801
202506 0.777 129.892 0.799
202509 0.809 130.287 0.829
202512 0.747 130.366 0.765
202603 0.770 132.262 0.777
202606 0.758 133.527 0.758

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.


Strategic Metals Business Description

Other Exchanges SMDZF:USA3FL:Germany
Address 1100 Melville Street, Suite 510, Vancouver, BC, CAN, V6E 4A6
Strategic Metals Ltd is a mineral exploration company. It is engaged in the business activity of acquisition, exploration, and evaluation of mineral properties located in Canada. The company's wholly-owned projects include the Bix project, CD project, GK project, Green Gulch project, Koi project, Midas Touch and Hat projects, Oli project, Piper and Taffy projects, Triple Crown, and Vanderhoof Copper project; and Additional Properties Available for Option.
38GF Score

Get the complete analysis for TSXV:SMD

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

C$0.34
Price