Whitemud Resources (TSXV:WMK) Cyclically Adjusted PB Ratio: (As of Jul. 25, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:WMK Whitemud Resources Inc TSXV:WMK
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What is Whitemud Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Whitemud Resources  (TSXV:WMK) 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.


Whitemud Resources Cyclically Adjusted PB Ratio Related Terms


Whitemud Resources Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Whitemud Resources'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.

Whitemud Resources Cyclically Adjusted PB Ratio Chart

Whitemud Resources 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 0.00 0.00 0.00 0.00 0.00

Whitemud Resources 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 0.00 0.00 0.00 0.00 0.00

Whitemud Resources Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Whitemud Resources'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.


Whitemud Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:WMK
11GF Score
Whitemud Resources Inc TSXV:WMK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Whitemud Resources 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.

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

For example, Whitemud Resources'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)
=-0.016/132.2623*132.2623
=-0.016

Current CPI (Mar. 2026) = 132.2623.

Whitemud Resources Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.081 102.002 -0.105
201609 -0.084 101.765 -0.109
201612 -0.089 101.449 -0.116
201703 -0.089 102.634 -0.115
201706 -0.089 103.029 -0.114
201709 -0.088 103.345 -0.113
201712 -0.090 103.345 -0.115
201803 -0.090 105.004 -0.113
201806 -0.088 105.557 -0.110
201809 -0.095 105.636 -0.119
201812 -0.052 105.399 -0.065
201903 -0.051 106.979 -0.063
201906 -0.049 107.690 -0.060
201909 -0.048 107.611 -0.059
201912 -0.047 107.769 -0.058
202003 -0.044 107.927 -0.054
202006 -0.043 108.401 -0.052
202009 -0.044 108.164 -0.054
202012 0.004 108.559 0.005
202103 0.005 110.298 0.006
202106 0.004 111.720 0.005
202109 0.004 112.905 0.005
202112 -0.002 113.774 -0.002
202203 -0.001 117.646 -0.001
202206 -0.002 120.806 -0.002
202209 -0.003 120.648 -0.003
202212 -0.002 120.964 -0.002
202303 -0.003 122.702 -0.003
202306 -0.004 124.203 -0.004
202309 -0.005 125.230 -0.005
202312 -0.006 125.072 -0.006
202403 -0.007 126.258 -0.007
202406 -0.008 127.522 -0.008
202409 -0.011 127.285 -0.011
202412 -0.009 127.364 -0.009
202503 -0.012 129.181 -0.012
202506 -0.015 129.892 -0.015
202509 -0.019 130.287 -0.019
202512 -0.014 130.366 -0.014
202603 -0.016 132.262 -0.016

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.


Whitemud Resources Business Description

Address 6713 Fairmount Drive Se, Calgary, AB, CAN, T2H 0X6
Whitemud Resources Inc is engaged in the business of developing a process to mine and process kaolin into a high reactivity metakaolin that imparts beneficial properties to concrete mixtures. metakaolin is processed from naturally occurring kaolin clay into a dry, off-white fine powder cementitious material that meets the criteria.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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