Eldorado Gold (MEX:EGO N) Cyclically Adjusted Book per Share: MXN243.74 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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MEX:EGO N Eldorado Gold Corp MEX:EGO N
72 GF Score
Price MXN736.00
GF Value MXN306.99
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Eldorado Gold Cyclically Adjusted Book per Share?

Eldorado Gold MEX:EGO N 72 Cyclically Adjusted Book per Share is MXN243.74 as of Jun. 2026. GuruFocus rates MEX:EGO N with a GF Score™ of 72/100 and a GF Value™ of MXN306.99 (Significantly Overvalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Eldorado Gold's adjusted book value per share for the three months ended in Jun. 2026 was MXN459.064. 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 MXN243.74 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Eldorado Gold's average Cyclically Adjusted Book Growth Rate was -2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Eldorado Gold was 27.70% per year. The lowest was -21.70% per year. And the median was 5.35% per year.

As of today (2026-09-08), Eldorado Gold's current stock price is MXN736.00. Eldorado Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN243.74. Eldorado Gold's Cyclically Adjusted PB Ratio of today is 3.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eldorado Gold was 2.04. The lowest was 0.10. And the median was 0.38.


Eldorado Gold  (MEX:EGO N) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Eldorado Gold's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=736.00/243.74
=3.02

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eldorado Gold was 2.04. The lowest was 0.10. And the median was 0.38.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Eldorado Gold Cyclically Adjusted Book per Share Related Terms


Eldorado Gold Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Eldorado Gold's Cyclically Adjusted Book per Share 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.

Eldorado Gold Cyclically Adjusted Book per Share Chart

Eldorado Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 625.30 649.39 406.39 322.06 216.17

Eldorado Gold Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share 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 397.99 268.79 216.17 223.80 243.74

MEX:EGO N vs NEM, AU: Cyclically Adjusted Book per Share Comparison

For the Gold subindustry, Eldorado Gold'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.


Eldorado Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


MEX:EGO N
72GF Score
Eldorado Gold Corp MEX:EGO N
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eldorado Gold Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Eldorado Gold'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)
=459.064/133.5265*133.5265
=459.064

Current CPI (Jun. 2026) = 133.5265.

Eldorado Gold Quarterly Data

Book Value per Share CPI Adj_Book
201609 475.346 101.765 623.707
201612 501.004 101.449 659.421
201703 458.859 102.634 596.976
201706 442.047 103.029 572.899
201709 418.856 103.345 541.183
201712 450.607 103.345 582.207
201803 417.948 105.004 531.476
201806 449.016 105.557 567.992
201809 412.443 105.636 521.338
201812 406.008 105.399 514.358
201903 398.022 106.979 496.793
201906 395.975 107.690 490.974
201909 408.584 107.611 506.980
201912 390.376 107.769 483.677
202003 480.980 107.927 595.063
202006 469.418 108.401 578.219
202009 453.950 108.164 560.392
202012 414.619 108.559 509.975
202103 422.085 110.298 510.977
202106 400.806 111.720 479.040
202109 408.626 112.905 483.260
202112 400.949 113.774 470.558
202203 350.669 117.646 398.006
202206 351.244 120.806 388.229
202209 344.182 120.648 380.922
202212 338.020 120.964 373.125
202303 316.624 122.702 344.556
202306 288.761 124.203 310.437
202309 292.901 125.230 312.305
202312 293.977 125.072 313.848
202403 291.817 126.258 308.617
202406 328.341 127.522 343.802
202409 362.466 127.285 380.241
202412 396.525 127.364 415.712
202503 397.470 129.181 410.841
202506 378.376 129.892 388.963
202509 374.213 130.287 383.517
202512 389.189 130.366 398.624
202603 397.573 132.262 401.373
202606 459.064 133.527 459.064

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of MXN243.74 mean?
Eldorado Gold (MEX:EGO N) has a Cyclically Adjusted Book per Share of MXN243.74 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Eldorado Gold and its competitors.
Is Eldorado Gold's Cyclically Adjusted Book per Share too high?
Eldorado Gold's current Cyclically Adjusted Book per Share is MXN243.74. Overall, Eldorado Gold has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eldorado Gold's Cyclically Adjusted Book per Share compare to NEM and AU?
Eldorado Gold's Cyclically Adjusted Book per Share of MXN243.74 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Metals & Mining company?
A good Cyclically Adjusted Book per Share depends on the Metals & Mining industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Eldorado Gold and its competitors. Eldorado Gold's current Cyclically Adjusted Book per Share is MXN243.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eldorado Gold stock overvalued right now?
Based on GuruFocus' analysis, Eldorado Gold (MEX:EGO N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN306.99, compared to a current price of MXN736.00 — trading 139.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN243.74. Eldorado Gold's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Eldorado Gold (MEX:EGO N), the current Cyclically Adjusted Book per Share is MXN243.74 as of Jun. 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.

Is Eldorado Gold (MEX:EGO N) Overvalued in 2026?

Based on GuruFocus' analysis, Eldorado Gold stock appears to be overvalued. The current stock price of MXN736.00 is trading 139.7% above its estimated GF Value™ of MXN306.99. GuruFocus considers Eldorado Gold to be Significantly Overvalued.

Key valuation signals for MEX:EGO N:

  • Cyclically Adjusted Book per Share: MXN243.74
  • GF Value™: MXN306.99 vs. price of MXN736.00 (139.7% above fair value)
  • GF Score™: 72/100 with 3 warning signs

No single metric tells the full story. See the MEX:EGO N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eldorado Gold Business Description

Address 550 Burrard Street, Suite 1188, Vancouver, BC, CAN, V6C 2B5
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, and Greece. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects. It has three geographical segments: The Turkiye reporting segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkiye. The Canada reporting segment that derives maximum revenue, includes Lamaque and exploration activities in Canada. The Greece reporting segment includes the Olympias mine, the Skouries and Perama Hill projects and exploration activities in Greece.
72GF Score

Get the complete analysis for MEX:EGO N

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

MXN736.00
Price
MXN306.99
GF Value