Contango Silver & Gold (TSX:CTGO) Cyclically Adjusted Book per Share: C$2.96 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

TSX:CTGO Contango Silver & Gold Inc TSX:CTGO
16 GF Score
Price C$27.32
! 3 Warning Signs
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What is Contango Silver & Gold Cyclically Adjusted Book per Share?

Contango Silver & Gold TSX:CTGO -0.55% 16 Cyclically Adjusted Book per Share is C$2.96 as of Jun. 2026. GuruFocus rates TSX:CTGO with a GF Score™ of 16/100. 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.

Contango Silver & Gold's adjusted book value per share for the three months ended in Jun. 2026 was C$14.384. 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 C$2.96 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Contango Silver & Gold's average Cyclically Adjusted Book Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -11.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.30% 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 Contango Silver & Gold was 5.50% per year. The lowest was -11.30% per year. And the median was -8.10% per year.

As of today (2026-09-10), Contango Silver & Gold's current stock price is C$27.32. Contango Silver & Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was C$2.96. Contango Silver & Gold's Cyclically Adjusted PB Ratio of today is 9.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Contango Silver & Gold was 9.52. The lowest was 0.00. And the median was 0.00.


Contango Silver & Gold  (TSX:CTGO) 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.

Contango Silver & Gold's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.32/2.96
=9.23

* 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 Contango Silver & Gold was 9.52. The lowest was 0.00. And the median was 0.00.


Be Aware

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


Contango Silver & Gold Cyclically Adjusted Book per Share Related Terms


Contango Silver & Gold Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Contango Silver & 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.

Contango Silver & Gold Cyclically Adjusted Book per Share Chart

Contango Silver & Gold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 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 0.00

Contango Silver & 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 0.00 0.00 0.00 0.00 2.96

TSX:CTGO vs GROY, IDR, CMCL: Cyclically Adjusted Book per Share Comparison

For the Gold subindustry, Contango Silver & 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.


Contango Silver & Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSX:CTGO
16GF Score
Contango Silver & Gold Inc TSX:CTGO
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Contango Silver & 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, Contango Silver & 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)
=14.384/333.9520*333.9520
=14.384

Current CPI (Jun. 2026) = 333.9520.

Contango Silver & Gold Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.281 241.428 0.389
201612 1.558 241.432 2.155
201703 1.535 243.801 2.103
201706 1.413 244.955 1.926
201709 1.211 246.819 1.639
201712 3.380 246.524 4.579
201803 3.541 249.554 4.739
201806 2.924 251.989 3.875
201809 2.443 252.439 3.232
201812 2.213 251.233 2.942
201903 2.053 254.202 2.697
201906 1.744 256.143 2.274
201909 1.506 256.759 1.959
201912 1.048 256.974 1.362
202003 0.779 258.115 1.008
202006 0.412 257.797 0.534
202009 6.853 260.280 8.793
202012 5.959 260.474 7.640
202103 4.994 264.877 6.296
202106 6.324 271.696 7.773
202109 5.866 274.310 7.141
202112 5.127 278.802 6.141
202203 3.582 287.504 4.161
202206 2.510 296.311 2.829
202209 1.394 296.808 1.568
202212 -0.149 296.797 -0.168
202303 -1.072 301.836 -1.186
202306 -0.815 305.109 -0.892
202309 1.590 307.789 1.725
202312 -2.065 306.746 -2.248
202403 -4.794 312.332 -5.126
202406 -5.009 314.175 -5.324
202409 -1.132 315.301 -1.199
202412 0.148 315.605 0.157
202503 -2.347 319.799 -2.451
202506 -0.259 322.561 -0.268
202509 4.421 324.800 4.546
202512 2.313 324.054 2.384
202603 14.457 330.213 14.621
202606 14.384 333.952 14.384

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 C$2.96 mean?
Contango Silver & Gold (TSX:CTGO) has a Cyclically Adjusted Book per Share of C$2.96 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 Contango Silver & Gold and its competitors.
Is Contango Silver & Gold's Cyclically Adjusted Book per Share too high?
Contango Silver & Gold's current Cyclically Adjusted Book per Share is C$2.96. Overall, Contango Silver & Gold has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Contango Silver & Gold's Cyclically Adjusted Book per Share compare to GROY and IDR?
Contango Silver & Gold's Cyclically Adjusted Book per Share of C$2.96 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 Contango Silver & Gold and its competitors. Contango Silver & Gold's current Cyclically Adjusted Book per Share is C$2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Contango Silver & Gold stock overvalued right now?
Contango Silver & Gold (TSX:CTGO) has a current Cyclically Adjusted Book per Share of C$2.96. The current Cyclically Adjusted Book per Share is C$2.96. Contango Silver & Gold's overall GF Score™ is 16/100 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 Contango Silver & Gold (TSX:CTGO), the current Cyclically Adjusted Book per Share is C$2.96 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.

Contango Silver & Gold Business Description

Other Exchanges CTGO:USAF85:Germany
Address 516 2nd Avenue, Suite 401, Fairbanks, AK, USA, 99701
Contango Silver & Gold Inc, formerly Contango Ore Inc operates in the United States. The company is engaged in the exploration for and development of gold ore and associated minerals in the State of Alaska. The company's focus is the exploration of a mineral lease with the Native Village of Tetlin, whose governmental entity is the Tetlin Tribal Council, for the exploration of minerals near Tok, Alaska. It has formed a joint venture to advance exploration of the Tetlin Property, which is prospective for gold and associated minerals. The Peak Gold JV Property is located in the Tetlin Hills and Mentasta Mountains of eastern interior Alaska. Its exploration projects are Lucky Shot, Johnson Tract, Eagle, Hona, Shamrock, and Triple Z.
16GF Score

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

C$27.32
Price