Vulcan Minerals (TSXV:VUL) Cyclically Adjusted PB Ratio: 2.05 (As of Sep. 06, 2026)

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TSXV:VUL Vulcan Minerals Inc TSXV:VUL
38 GF Score
Price C$0.41
! 1 Warning Sign
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What is Vulcan Minerals Cyclically Adjusted PB Ratio?

Vulcan Minerals TSXV:VUL +2.50% 38 Cyclically Adjusted PB Ratio is 2.05 as of Sep. 06, 2026. GuruFocus rates TSXV:VUL with a GF Score™ of 38/100. The stock has 1 warning sign investors should review. Among 1,499 Metals & Mining companies, Vulcan Minerals ranks worse than 55.9% on this metric.

As of today (2026-09-06), Vulcan Minerals's current share price is C$0.41. Vulcan Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was C$0.20. Vulcan Minerals's Cyclically Adjusted PB Ratio for today is 2.05.

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

TSXV:VUL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.01
Current: 2.01

During the past years, Vulcan Minerals's highest Cyclically Adjusted PB Ratio was 2.01. The lowest was 0.00. And the median was 0.00.

TSXV:VUL's Cyclically Adjusted PB Ratio is ranked worse than
55.9% of 1499 companies
in the Metals & Mining industry
Industry Median: 1.56 vs TSXV:VUL: 2.01

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.

Vulcan Minerals's adjusted book value per share data for the three months ended in Jun. 2026 was C$0.295. 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$0.20 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vulcan Minerals  (TSXV:VUL) 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.


Vulcan Minerals Cyclically Adjusted PB Ratio Related Terms


Vulcan Minerals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vulcan Minerals'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.

Vulcan Minerals Cyclically Adjusted PB Ratio Chart

Vulcan Minerals 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 3.16 2.88 0.97 0.75 0.95

Vulcan Minerals 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 0.58 0.92 0.95 1.16 2.11

Vulcan Minerals Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Vulcan Minerals'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.


Vulcan Minerals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:VUL
38GF Score
Vulcan Minerals Inc TSXV:VUL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vulcan Minerals 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.

Vulcan Minerals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.41/0.20
=2.05

* 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.

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

For example, Vulcan Minerals'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)
=0.295/133.5265*133.5265
=0.295

Current CPI (Jun. 2026) = 133.5265.

Vulcan Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.082 101.765 0.108
201612 0.076 101.449 0.100
201703 0.079 102.634 0.103
201706 0.058 103.029 0.075
201709 0.055 103.345 0.071
201712 0.048 103.345 0.062
201803 0.044 105.004 0.056
201806 0.036 105.557 0.046
201809 0.028 105.636 0.035
201812 0.023 105.399 0.029
201903 0.022 106.979 0.027
201906 0.025 107.690 0.031
201909 0.027 107.611 0.034
201912 0.019 107.769 0.024
202003 0.018 107.927 0.022
202006 0.017 108.401 0.021
202009 0.025 108.164 0.031
202012 0.027 108.559 0.033
202103 0.053 110.298 0.064
202106 0.091 111.720 0.109
202109 0.089 112.905 0.105
202112 0.406 113.774 0.476
202203 0.400 117.646 0.454
202206 0.397 120.806 0.439
202209 0.367 120.648 0.406
202212 0.375 120.964 0.414
202303 0.378 122.702 0.411
202306 0.365 124.203 0.392
202309 0.339 125.230 0.361
202312 0.339 125.072 0.362
202403 0.337 126.258 0.356
202406 0.321 127.522 0.336
202409 0.317 127.285 0.333
202412 0.324 127.364 0.340
202503 0.322 129.181 0.333
202506 0.317 129.892 0.326
202509 0.320 130.287 0.328
202512 0.307 130.366 0.314
202603 0.300 132.262 0.303
202606 0.295 133.527 0.295

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 2.05 mean?
Vulcan Minerals (TSXV:VUL) has a Cyclically Adjusted PB Ratio of 2.05 as of Sep. 06, 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 Vulcan Minerals and its competitors. According to the industry distribution chart, Vulcan Minerals ranks #838 out of 1499 companies in the Metals & Mining industry, placing it in the top 55.9%.
Is Vulcan Minerals' Cyclically Adjusted PB Ratio too high?
Vulcan Minerals' current Cyclically Adjusted PB Ratio is 2.05. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.56. Vulcan Minerals' value of 2.05 is 31.4% above this industry median. Based on the distribution chart, Vulcan Minerals ranks #838 out of 1499 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Vulcan Minerals has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Vulcan Minerals' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Vulcan Minerals ranks #838 out of 1499 companies for Cyclically Adjusted PB Ratio. This places Vulcan Minerals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Vulcan Minerals' value of 2.05 is 31.4% 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 1,499 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. Vulcan Minerals's current Cyclically Adjusted PB Ratio of 2.05 is 31.4% 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 Vulcan Minerals 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. Vulcan Minerals's current Cyclically Adjusted PB Ratio is 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Minerals stock overvalued right now?
Vulcan Minerals (TSXV:VUL) has a current Cyclically Adjusted PB Ratio of 2.05. The current Cyclically Adjusted PB Ratio is 2.05 and 31.4% above the Metals & Mining industry median of 1.56. Vulcan Minerals' overall GF Score™ is 38/100 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 Vulcan Minerals (TSXV:VUL), the current Cyclically Adjusted PB Ratio is 2.05 as of Sep. 06, 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.

Vulcan Minerals Business Description

Other Exchanges VULMF:USAVM3:Germany
Address 333 Duckworth Street, St John\'s, St. John\'s, NL, CAN, A1C 1G9
Vulcan Minerals Inc is a Canada-based mineral exploration company. It is engaged in the evaluation, acquisition, and exploration of minerals in Newfoundland and Labrador. Some of the projects in which the company holds an interest are the Springdale copper gold Project, Red Cross Lake Project, Gander Belt Newfoundland Gold, and Atlas Salt.
38GF Score

Get the complete analysis for TSXV:VUL

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

C$0.41
Price