SRBIF (Serabi Gold) Cyclically Adjusted Book per Share: $1.74 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

SRBIF Serabi Gold PLC SRBIF
85 GF Score
Price $3.84
GF Value $3.05
Valuation Modestly Overvalued
View Full Analysis

What is Serabi Gold Cyclically Adjusted Book per Share?

Serabi Gold SRBIF 85 Cyclically Adjusted Book per Share is $1.74 as of Mar. 2026. GuruFocus rates SRBIF with a GF Score™ of 85/100 and a GF Value™ of $3.05 (Modestly Overvalued).

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.

Serabi Gold's adjusted book value per share for the three months ended in Mar. 2026 was $2.617. 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 $1.74 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Serabi Gold's average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -15.10% 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 Serabi Gold was -2.50% per year. The lowest was -41.90% per year. And the median was -28.90% per year.

As of today (2026-07-15), Serabi Gold's current stock price is $3.835. Serabi Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.74. Serabi Gold's Cyclically Adjusted PB Ratio of today is 2.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Serabi Gold was 2.85. The lowest was 0.03. And the median was 0.24.


Serabi Gold  (OTCPK:SRBIF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.835/1.74
=2.20

* 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 Serabi Gold was 2.85. The lowest was 0.03. And the median was 0.24.


Be Aware

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


Serabi Gold Cyclically Adjusted Book per Share Related Terms


Serabi Gold Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Serabi 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.

Serabi Gold Cyclically Adjusted Book per Share Chart

Serabi 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 2.84 1.14 1.48 1.61 1.73

Serabi Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.55 1.70 1.56 1.73 1.74

SRBIF vs NEM, AU: Cyclically Adjusted Book per Share Comparison

For the Gold subindustry, Serabi 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.


Serabi Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


SRBIF
85GF Score
Serabi Gold PLC SRBIF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Serabi 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, Serabi Gold'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)
=2.617/140.8000*140.8000
=2.617

Current CPI (Mar. 2026) = 140.8000.

Serabi Gold Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.648 101.000 2.297
201609 1.739 101.500 2.412
201612 1.814 102.200 2.499
201703 1.875 102.700 2.571
201706 1.772 103.500 2.411
201709 1.849 104.300 2.496
201712 1.740 105.000 2.333
201803 1.214 105.100 1.626
201806 0.000 105.900 0.000
201809 1.182 106.600 1.561
201812 1.107 107.100 1.455
201903 1.191 107.000 1.567
201906 1.213 107.900 1.583
201909 1.145 108.400 1.487
201912 1.114 108.500 1.446
202003 0.943 108.600 1.223
202006 0.958 108.800 1.240
202009 1.002 109.200 1.292
202012 0.977 109.400 1.257
202103 0.000 109.700 0.000
202106 1.096 111.400 1.385
202109 1.055 112.400 1.322
202112 1.055 114.700 1.295
202203 1.196 116.500 1.445
202206 1.111 120.500 1.298
202209 1.049 122.300 1.208
202212 1.076 125.300 1.209
202303 1.110 126.800 1.233
202306 1.205 129.400 1.311
202309 1.162 130.100 1.258
202312 1.225 130.500 1.322
202403 1.237 131.600 1.323
202406 1.241 133.000 1.314
202409 1.366 133.500 1.441
202412 1.376 135.100 1.434
202503 1.585 136.100 1.640
202506 1.784 138.400 1.815
202509 2.038 138.900 2.066
202512 2.241 139.900 2.255
202603 2.617 140.800 2.617

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 $1.74 mean?
Serabi Gold (SRBIF) has a Cyclically Adjusted Book per Share of $1.74 as of Mar. 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 Serabi Gold and its competitors.
Is Serabi Gold's Cyclically Adjusted Book per Share too high?
Serabi Gold's current Cyclically Adjusted Book per Share is $1.74. Overall, Serabi Gold has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Serabi Gold's Cyclically Adjusted Book per Share compare to NEM and AU?
Serabi Gold's Cyclically Adjusted Book per Share of $1.74 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 Serabi Gold and its competitors. Serabi Gold's current Cyclically Adjusted Book per Share is $1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Serabi Gold stock overvalued right now?
Based on GuruFocus' analysis, Serabi Gold (SRBIF) is currently considered Modestly Overvalued. The stock's GF Value™ is $3.05, compared to a current price of $3.84 — trading 25.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is $1.74. Serabi Gold'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 Serabi Gold (SRBIF), the current Cyclically Adjusted Book per Share is $1.74 as of Mar. 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 Serabi Gold (SRBIF) Overvalued in 2026?

Based on GuruFocus' analysis, Serabi Gold stock appears to be overvalued. The current stock price of $3.84 is trading 25.7% above its estimated GF Value™ of $3.05. GuruFocus considers Serabi Gold to be Modestly Overvalued.

Key valuation signals for SRBIF:

  • Cyclically Adjusted Book per Share: $1.74
  • GF Value™: $3.05 vs. price of $3.84 (25.7% above fair value)
  • GF Score™: 85/100

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


Serabi Gold Business Description

Address Cobham Park Road, The Long Barn, Downside, Surrey, GBR, KT11 3NE
Serabi Gold PLC is a holding and gold sales company and a provider of support and management services to its operating subsidiaries. Together with its subsidiaries it is involved in the development of gold and other metals mining projects in Brazil and the operation of the Palito gold mine in the Tapajos region of Brazil. The company has only one primary business activity namely the conduct of gold mining and exploration in Brazil. It has two separate segments, Brazil and UK. Copper/ gold concentrate is produced in Brazil and sales routed through the UK, whilst sales of gold bullion are conducted directly from Brazil.
85GF Score

Get the complete analysis for SRBIF

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

$3.84
Price
$3.05
GF Value