Linear Minerals (XCNQ:LINE) Cyclically Adjusted PB Ratio: (As of Sep. 21, 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.

XCNQ:LINE Linear Minerals Corp XCNQ:LINE
25 GF Score
Price C$0.16
! 2 Warning Signs
View Full Analysis

What is Linear Minerals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Linear Minerals  (XCNQ:LINE) 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.


Linear Minerals Cyclically Adjusted PB Ratio Related Terms


Linear Minerals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Linear 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.

Linear Minerals Cyclically Adjusted PB Ratio Chart

Linear Minerals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 11.22 1.73 0.23 0.28

Linear 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 0.14 0.34 0.30 0.32 0.20

Linear Minerals Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Linear 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.


Linear Minerals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


XCNQ:LINE
25GF Score
Linear Minerals Corp XCNQ:LINE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Linear 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.

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

For example, Linear 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)
=0.335/133.5265*133.5265
=0.335

Current CPI (Jun. 2026) = 133.5265.

Linear Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201609 -1.092 101.765 -1.433
201612 0.465 101.449 0.612
201703 1.415 102.634 1.841
201706 1.324 103.029 1.716
201709 1.154 103.345 1.491
201712 1.066 103.345 1.377
201803 0.318 105.004 0.404
201806 -0.048 105.557 -0.061
201809 -0.183 105.636 -0.231
201812 0.591 105.399 0.749
201903 0.282 106.979 0.352
201906 0.085 107.690 0.105
201909 0.053 107.611 0.066
201912 0.007 107.769 0.009
202003 0.322 107.927 0.398
202006 0.276 108.401 0.340
202009 0.427 108.164 0.527
202012 0.551 108.559 0.678
202103 1.235 110.298 1.495
202106 1.772 111.720 2.118
202109 1.568 112.905 1.854
202112 1.955 113.774 2.294
202203 2.044 117.646 2.320
202206 2.145 120.806 2.371
202209 1.939 120.648 2.146
202212 1.800 120.964 1.987
202303 1.473 122.702 1.603
202306 1.627 124.203 1.749
202309 1.407 125.230 1.500
202312 1.255 125.072 1.340
202403 1.105 126.258 1.169
202406 1.066 127.522 1.116
202409 1.020 127.285 1.070
202412 0.819 127.364 0.859
202503 0.666 129.181 0.688
202506 0.612 129.892 0.629
202509 0.565 130.287 0.579
202512 0.539 130.366 0.552
202603 0.347 132.262 0.350
202606 0.335 133.527 0.335

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.


Linear Minerals Business Description

Other Exchanges LINMF:USAJ9K:Germany
Address 700 West Georgia Street, 25th Floor, Vancouver, BC, CAN, V7Y 1B3
Linear Minerals Corp is a Canadian mineral exploration company. The company focuses on acquiring a multi-commodity mineral property portfolio. The company identifies, acquires, and explores North American mineral prospects in the precious metal, base metal, and industrial metals sector. The company project includes The Rose East Lithium Project, Augustus Lithium Project, Lac Marian Uranium, and Others.
25GF Score

Get the complete analysis for XCNQ:LINE

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

C$0.16
Price