Sibanye Stillwater (MEX:SBSWN) Cyclically Adjusted Book per Share: MXN85.91 (As of Dec. 2025)


MEX:SBSWN Sibanye Stillwater Ltd MEX:SBSWN
64 GF Score
Price MXN201.50
GF Value MXN172.28
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Sibanye Stillwater Cyclically Adjusted Book per Share?

Sibanye Stillwater MEX:SBSWN 64 Cyclically Adjusted Book per Share is MXN85.91 as of Dec. 2025. GuruFocus rates MEX:SBSWN with a GF Score™ of 64/100 and a GF Value™ of MXN172.28 (Modestly Overvalued). The stock has 6 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.

Sibanye Stillwater's adjusted book value per share data for the fiscal year that ended in Dec. 2025 was MXN59.748. 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 MXN85.91 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Sibanye Stillwater'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 4.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 18.90% 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 Sibanye Stillwater was 42.80% per year. The lowest was 4.10% per year. And the median was 25.10% per year.

As of today (2026-06-24), Sibanye Stillwater's current stock price is MXN 201.50. Sibanye Stillwater's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2025 was MXN85.91. Sibanye Stillwater's Cyclically Adjusted PB Ratio of today is 2.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sibanye Stillwater was 9.54. The lowest was 0.69. And the median was 2.73.


Sibanye Stillwater  (MEX:SBSWN) 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.

Sibanye Stillwater's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=201.50/85.91
=2.35

* 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 Sibanye Stillwater was 9.54. The lowest was 0.69. And the median was 2.73.


Be Aware

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


Sibanye Stillwater Cyclically Adjusted Book per Share Related Terms


Sibanye Stillwater Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sibanye Stillwater'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.

Sibanye Stillwater Cyclically Adjusted Book per Share Chart

Sibanye Stillwater 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 64.29 82.78 71.96 100.18 85.91

Sibanye Stillwater Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 71.96 0.00 100.18 0.00 85.91

MEX:SBSWN vs HL: Cyclically Adjusted Book per Share Comparison

For the Other Precious Metals & Mining subindustry, Sibanye Stillwater'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.


Sibanye Stillwater Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


MEX:SBSWN
64GF Score
Sibanye Stillwater Ltd MEX:SBSWN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sibanye Stillwater 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, Sibanye Stillwater's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_Book=Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=59.748/162.8717*162.8717
=59.748

Current CPI (Dec. 2025) = 162.8717.

Sibanye Stillwater Annual Data

Book Value per Share CPI Adj_Book
201612 65.864 109.002 98.415
201712 63.793 113.907 91.216
201812 57.824 118.921 79.195
201912 58.206 123.717 76.627
202012 124.242 127.467 158.751
202112 145.970 135.029 176.069
202212 140.475 145.156 157.620
202312 62.733 152.718 66.904
202412 71.146 157.212 73.707
202512 59.748 162.872 59.748

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 MXN85.91 mean?
Sibanye Stillwater (MEX:SBSWN) has a Cyclically Adjusted Book per Share of MXN85.91 as of Dec. 2025. 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 Sibanye Stillwater and its competitors.
Is Sibanye Stillwater's Cyclically Adjusted Book per Share too high?
Sibanye Stillwater's current Cyclically Adjusted Book per Share is MXN85.91. Overall, Sibanye Stillwater has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sibanye Stillwater's Cyclically Adjusted Book per Share compare to HL?
Sibanye Stillwater's Cyclically Adjusted Book per Share of MXN85.91 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 Sibanye Stillwater and its competitors. Sibanye Stillwater's current Cyclically Adjusted Book per Share is MXN85.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sibanye Stillwater stock overvalued right now?
Based on GuruFocus' analysis, Sibanye Stillwater (MEX:SBSWN) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN172.28, compared to a current price of MXN201.50 — trading 17% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN85.91. Sibanye Stillwater's overall GF Score™ is 64/100 with 6 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 Sibanye Stillwater (MEX:SBSWN), the current Cyclically Adjusted Book per Share is MXN85.91 as of Dec. 2025. 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 Sibanye Stillwater (MEX:SBSWN) Overvalued in 2026?

Based on GuruFocus' analysis, Sibanye Stillwater stock appears to be overvalued. The current stock price of MXN201.50 is trading 17% above its estimated GF Value™ of MXN172.28. GuruFocus considers Sibanye Stillwater to be Modestly Overvalued.

Key valuation signals for MEX:SBSWN:

  • Cyclically Adjusted Book per Share: MXN85.91
  • GF Value™: MXN172.28 vs. price of MXN201.50 (17% above fair value)
  • GF Score™: 64/100 with 6 warning signs

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


Sibanye Stillwater Business Description

Address Cnr 14th Avenue and Hendrik Potgieter Road, Bridgeview House, Building 11, Ground Floor, Lakeview Avenue, Constantia Office Park, Weltevreden Park, Roodepoort, GT, ZAF, 1709
Sibanye Stillwater Ltd is a South African mining and metals processing group with a diverse portfolio of operations, projects, and investments across five continents. The Group is also one of the foremost recyclers of PGM autocatalysts and has interests in mine tailings retreatment operations. It is a producer of platinum, palladium, and rhodium and is a top-tier gold producer. It also produces and refines iridium and ruthenium, nickel, chrome, copper, and cobalt. Its products are Gold, Nickel, Zinc, Chrome, PGMs, and other. Group operations are divided into two segments, South African Operations and International and recycling operations.
64GF Score

Get the complete analysis for MEX:SBSWN

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

MXN201.50
Price
MXN172.28
GF Value