OceanaGold (MEX:OGCN) Cyclically Adjusted Book per Share: MXN152.11 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

MEX:OGCN OceanaGold Corp MEX:OGCN
85 GF Score
Price MXN466.16
GF Value MXN362.82
View Full Analysis

What is OceanaGold Cyclically Adjusted Book per Share?

OceanaGold MEX:OGCN 85 Cyclically Adjusted Book per Share is MXN152.11 as of Jun. 2026. GuruFocus rates MEX:OGCN with a GF Score™ of 85/100 and a GF Value™ of MXN362.82.

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.

OceanaGold's adjusted book value per share for the three months ended in Jun. 2026 was MXN198.973. 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 MXN152.11 for the trailing ten years ended in Jun. 2026.

During the past 12 months, OceanaGold's average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.50% 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 OceanaGold was 7.10% per year. The lowest was 3.90% per year. And the median was 5.30% per year.

As of today (2026-08-29), OceanaGold's current stock price is MXN466.16. OceanaGold's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN152.11. OceanaGold's Cyclically Adjusted PB Ratio of today is 3.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of OceanaGold was 5.24. The lowest was 0.46. And the median was 1.13.


OceanaGold  (MEX:OGCN) 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.

OceanaGold's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=466.16/152.11
=3.06

* 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 OceanaGold was 5.24. The lowest was 0.46. And the median was 1.13.


Be Aware

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


OceanaGold Cyclically Adjusted Book per Share Related Terms


OceanaGold Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for OceanaGold'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.

OceanaGold Cyclically Adjusted Book per Share Chart

OceanaGold 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 0.00 0.00 0.00 0.00 132.66

OceanaGold 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 0.00 116.92 132.66 120.63 152.11

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

For the Gold subindustry, OceanaGold'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.


OceanaGold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


MEX:OGCN
85GF Score
OceanaGold Corp MEX:OGCN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OceanaGold 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, OceanaGold'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)
=198.973/133.5265*133.5265
=198.973

Current CPI (Jun. 2026) = 133.5265.

OceanaGold Quarterly Data

Book Value per Share CPI Adj_Book
201609 125.472 101.765 164.633
201612 135.161 101.449 177.899
201703 125.847 102.634 163.727
201706 122.240 103.029 158.425
201709 124.430 103.345 160.770
201712 142.616 103.345 184.267
201803 134.818 105.004 171.439
201806 148.188 105.557 187.453
201809 142.765 105.636 180.458
201812 149.186 105.399 188.999
201903 146.631 106.979 183.018
201906 146.414 107.690 181.540
201909 146.471 107.611 181.744
201912 142.164 107.769 176.142
202003 170.451 107.927 210.880
202006 166.985 108.401 205.689
202009 150.509 108.164 185.800
202012 132.652 108.559 163.160
202103 137.654 110.298 166.644
202106 136.757 111.720 163.451
202109 144.150 112.905 170.478
202112 135.352 113.774 158.851
202203 138.592 117.646 157.301
202206 139.778 120.806 154.496
202209 136.860 120.648 151.469
202212 138.978 120.964 153.411
202303 129.905 122.702 141.365
202306 128.351 124.203 137.986
202309 128.947 125.230 137.489
202312 124.763 125.072 133.196
202403 119.242 126.258 126.107
202406 134.124 127.522 140.440
202409 149.142 127.285 156.456
202412 162.095 127.364 169.938
202503 167.396 129.181 173.027
202506 165.467 129.892 170.097
202509 162.206 130.287 166.239
202512 181.264 130.366 185.658
202603 192.287 132.262 194.125
202606 198.973 133.527 198.973

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 MXN152.11 mean?
OceanaGold (MEX:OGCN) has a Cyclically Adjusted Book per Share of MXN152.11 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 OceanaGold and its competitors.
Is OceanaGold's Cyclically Adjusted Book per Share too high?
OceanaGold's current Cyclically Adjusted Book per Share is MXN152.11. Overall, OceanaGold has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does OceanaGold's Cyclically Adjusted Book per Share compare to NEM and AU?
OceanaGold's Cyclically Adjusted Book per Share of MXN152.11 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 OceanaGold and its competitors. OceanaGold's current Cyclically Adjusted Book per Share is MXN152.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OceanaGold stock overvalued right now?
OceanaGold (MEX:OGCN) has a current Cyclically Adjusted Book per Share of MXN152.11. The stock's GF Value™ is MXN362.82, compared to a current price of MXN466.16 — trading 28.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN152.11. OceanaGold's overall GF Score™ is 85/100. 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 OceanaGold (MEX:OGCN), the current Cyclically Adjusted Book per Share is MXN152.11 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 OceanaGold (MEX:OGCN) Overvalued in 2026?

Based on GuruFocus' analysis, OceanaGold stock appears to be overvalued. The current stock price of MXN466.16 is trading 28.5% above its estimated GF Value™ of MXN362.82.

Key valuation signals for MEX:OGCN:

  • Cyclically Adjusted Book per Share: MXN152.11
  • GF Value™: MXN362.82 vs. price of MXN466.16 (28.5% above fair value)
  • GF Score™: 85/100

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


OceanaGold Business Description

Address 400 Burrard Street, Suite 1020, Vancouver, BC, CAN, V6C 3A6
OceanaGold Corp is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from its operations and delivering robust returns for its shareholders. It has a portfolio of four operating mines: the Haile Gold Mine in the United States of America; the Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand. The company generates key revenue from Haile mines.
85GF Score

Get the complete analysis for MEX:OGCN

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

MXN466.16
Price
MXN362.82
GF Value