Power Nickel (XSGO:CMXCL) Cyclically Adjusted PB Ratio: (As of Aug. 29, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is Power Nickel Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Power Nickel  (XSGO:CMXCL) 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.


Power Nickel Cyclically Adjusted PB Ratio Related Terms


Power Nickel Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Power Nickel'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.

Power Nickel Cyclically Adjusted PB Ratio Chart

Power Nickel 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 0.03 0.09 0.39 3.60 7.91

Power Nickel 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 5.66 6.09 10.26 7.91 9.65

Power Nickel Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Power Nickel'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.


Power Nickel Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Power Nickel 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.

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

For example, Power Nickel'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)
=-5.179/132.2623*132.2623
=-5.179

Current CPI (Mar. 2026) = 132.2623.

Power Nickel Quarterly Data

Book Value per Share CPI Adj_Book
201606 578.100 102.002 749.604
201609 597.175 101.765 776.142
201612 1.460 101.449 1.903
201703 543.738 102.634 700.706
201706 577.888 103.029 741.859
201709 0.000 103.345 0.000
201712 -61.431 103.345 -78.620
201803 -82.084 105.004 -103.392
201806 -22.114 105.557 -27.709
201809 -36.429 105.636 -45.611
201812 -53.198 105.399 -66.757
201903 -60.016 106.979 -74.200
201906 -57.323 107.690 -70.403
201909 -68.955 107.611 -84.751
201912 -109.557 107.769 -134.456
202003 -123.180 107.927 -150.954
202006 -125.858 108.401 -153.561
202009 -33.586 108.164 -41.069
202012 -16.937 108.559 -20.635
202103 -5.240 110.298 -6.283
202106 4.398 111.720 5.207
202109 -0.147 112.905 -0.172
202112 -5.372 113.774 -6.245
202203 -11.221 117.646 -12.615
202206 -6.402 120.806 -7.009
202209 -12.596 120.648 -13.809
202212 -5.014 120.964 -5.482
202303 -6.967 122.702 -7.510
202306 -5.016 124.203 -5.341
202309 -19.037 125.230 -20.106
202312 -11.109 125.072 -11.748
202403 -22.422 126.258 -23.488
202406 53.181 127.522 55.158
202409 35.177 127.285 36.553
202412 16.634 127.364 17.274
202503 57.144 129.181 58.507
202506 38.503 129.892 39.206
202509 45.871 130.287 46.566
202512 19.970 130.366 20.260
202603 -5.179 132.262 -5.179

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.


Power Nickel Business Description

Address 82 Richmond Street East, Suite 202, Toronto, ON, CAN, M5C 1P1
Power Metallic Mines Inc operates as a resource exploration company. The company is engaged in the business of acquiring and exploring mineral properties in Chile and Canada. The projects portfolio of the company include Palo Negro and Hornitos properties, Tierra de Oro, Copaquire, Golden Ivan, Zulema, NISK, among others. It operates in one industry segment, namely the exploration of mineral resources.