Slam Exploration (TSXV:SXL) Cyclically Adjusted PB Ratio: 3.00 (As of Sep. 09, 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 Slam Exploration Cyclically Adjusted PB Ratio?

Slam Exploration TSXV:SXL Cyclically Adjusted PB Ratio is 3.00 as of Sep. 09, 2026. The stock has 1 warning sign investors should review. Among 1,500 Metals & Mining companies, Slam Exploration ranks worse than 64.87% on this metric.

As of today (2026-09-09), Slam Exploration's current share price is C$0.06. Slam Exploration's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was C$0.02. Slam Exploration's Cyclically Adjusted PB Ratio for today is 3.00.

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

TSXV:SXL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.92
Current: 2.92

During the past years, Slam Exploration's highest Cyclically Adjusted PB Ratio was 2.92. The lowest was 0.00. And the median was 0.00.

TSXV:SXL's Cyclically Adjusted PB Ratio is ranked worse than
64.87% of 1500 companies
in the Metals & Mining industry
Industry Median: 1.555 vs TSXV:SXL: 2.92

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.

Slam Exploration's adjusted book value per share data for the three months ended in Apr. 2026 was C$0.034. 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$0.02 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Slam Exploration  (TSXV:SXL) 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.


Slam Exploration Cyclically Adjusted PB Ratio Related Terms


Slam Exploration Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Slam Exploration'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.

Slam Exploration Cyclically Adjusted PB Ratio Chart

Slam Exploration Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.63 1.05 1.60 4.29

Slam Exploration Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.59 3.66 6.68 4.29 3.41

TSXV:SXL vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Slam Exploration'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.


Slam Exploration Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Slam Exploration 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.

Slam Exploration's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.06/0.02
=3.00

* 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.

Slam Exploration's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Slam Exploration's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.034/132.7364*132.7364
=0.034

Current CPI (Apr. 2026) = 132.7364.

Slam Exploration Quarterly Data

Book Value per Share CPI Adj_Book
201607 0.025 101.844 0.033
201610 0.023 102.002 0.030
201701 0.035 102.318 0.045
201704 0.033 103.029 0.043
201707 0.032 103.029 0.041
201710 0.033 103.424 0.042
201801 0.019 104.056 0.024
201804 0.016 105.320 0.020
201807 0.014 106.110 0.018
201810 0.013 105.952 0.016
201901 0.009 105.557 0.011
201904 0.008 107.453 0.010
201907 0.006 108.243 0.007
201910 0.002 107.927 0.002
202001 -0.003 108.085 -0.004
202004 -0.004 107.216 -0.005
202007 0.010 108.401 0.012
202010 0.010 108.638 0.012
202101 0.012 109.192 0.015
202104 0.022 110.851 0.026
202107 0.024 112.431 0.028
202110 0.022 113.695 0.026
202201 0.022 114.801 0.025
202204 0.024 118.357 0.027
202207 0.021 120.964 0.023
202210 0.020 121.517 0.022
202301 0.018 121.596 0.020
202304 0.015 123.571 0.016
202307 0.017 124.914 0.018
202310 0.015 125.310 0.016
202401 0.013 125.072 0.014
202404 0.015 126.890 0.016
202407 0.014 128.075 0.015
202410 0.017 127.838 0.018
202501 0.017 127.443 0.018
202504 0.018 129.102 0.019
202507 0.019 130.290 0.019
202510 0.024 130.603 0.024
202601 0.025 130.366 0.025
202604 0.034 132.736 0.034

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 3.00 mean?
Slam Exploration (TSXV:SXL) has a Cyclically Adjusted PB Ratio of 3.00 as of Sep. 09, 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 Slam Exploration and its competitors. According to the industry distribution chart, Slam Exploration ranks #973 out of 1500 companies in the Metals & Mining industry, placing it in the top 64.9%.
Is Slam Exploration's Cyclically Adjusted PB Ratio too high?
Slam Exploration's current Cyclically Adjusted PB Ratio is 3.00. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.56. Slam Exploration's value of 3.00 is 92.9% above this industry median. Based on the distribution chart, Slam Exploration ranks #973 out of 1500 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Slam Exploration's Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Slam Exploration ranks #973 out of 1500 companies for Cyclically Adjusted PB Ratio. This places Slam Exploration in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Slam Exploration's value of 3.00 is 92.9% 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 1.56, 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. Slam Exploration's current Cyclically Adjusted PB Ratio of 3.00 is 92.9% 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 Slam Exploration and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Slam Exploration's current Cyclically Adjusted PB Ratio is 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Slam Exploration stock overvalued right now?
Slam Exploration (TSXV:SXL) has a current Cyclically Adjusted PB Ratio of 3.00. The current Cyclically Adjusted PB Ratio is 3.00 and 92.9% above the Metals & Mining industry median of 1.56. 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 Slam Exploration (TSXV:SXL), the current Cyclically Adjusted PB Ratio is 3.00 as of Sep. 09, 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.

Slam Exploration Business Description

Other Exchanges SXLXF:USA
Address 295 Hutchinson Drive, Miramichi, NB, CAN, E1V 6C7
Slam Exploration Ltd is in the process of exploring its exploration and evaluation properties for mineral resources. The Company has determined that there was only one operating segment: the sector of exploration and evaluation in Canada. Its projects are Goodwin Copper-Nickel, Jake Lee - Love Lake Gold Project, Menneval Gold Project, Mine Road Project, and Harry Brook Project.