Wesdome Gold Mines (TSX:WDO) Cyclically Adjusted Book per Share: C$2.70 (As of Mar. 2026)


TSX:WDO Wesdome Gold Mines Ltd TSX:WDO
100 GF Score
Price C$28.26
GF Value C$31.70
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Wesdome Gold Mines Cyclically Adjusted Book per Share?

Wesdome Gold Mines TSX:WDO +8.11% 100 Cyclically Adjusted Book per Share is C$2.70 as of Mar. 2026. GuruFocus rates TSX:WDO with a GF Score™ of 100/100 and a GF Value™ of C$31.70 (Modestly Undervalued). 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.

Wesdome Gold Mines's adjusted book value per share for the three months ended in Mar. 2026 was C$6.871. 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$2.70 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Wesdome Gold Mines's average Cyclically Adjusted Book Growth Rate was 25.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.90% 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 Wesdome Gold Mines was 17.20% per year. The lowest was -15.40% per year. And the median was -2.25% per year.

As of today (2026-07-05), Wesdome Gold Mines's current stock price is C$28.26. Wesdome Gold Mines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$2.70. Wesdome Gold Mines's Cyclically Adjusted PB Ratio of today is 10.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Wesdome Gold Mines was 12.55. The lowest was 1.48. And the median was 5.97.


Wesdome Gold Mines  (TSX:WDO) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=28.26/2.70
=10.47

* 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 Wesdome Gold Mines was 12.55. The lowest was 1.48. And the median was 5.97.


Be Aware

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


Wesdome Gold Mines Cyclically Adjusted Book per Share Related Terms


Wesdome Gold Mines Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Wesdome Gold Mines'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.

Wesdome Gold Mines Cyclically Adjusted Book per Share Chart

Wesdome Gold Mines 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 1.34 1.56 1.79 2.05 2.51

Wesdome Gold Mines 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 2.16 2.27 2.38 2.51 2.70

TSX:WDO vs NEM, AU: Cyclically Adjusted Book per Share Comparison

For the Gold subindustry, Wesdome Gold Mines'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.


Wesdome Gold Mines Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSX:WDO
100GF Score
Wesdome Gold Mines Ltd TSX:WDO
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Wesdome Gold Mines 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, Wesdome Gold Mines'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)
=6.871/132.2600*132.2600
=6.871

Current CPI (Mar. 2026) = 132.2600.

Wesdome Gold Mines Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.897 102.002 1.163
201609 0.954 101.765 1.240
201612 0.978 101.449 1.275
201703 1.001 102.634 1.290
201706 1.027 103.029 1.318
201709 1.033 103.345 1.322
201712 1.032 103.345 1.321
201803 1.059 105.004 1.334
201806 1.109 105.557 1.390
201809 1.141 105.636 1.429
201812 1.164 105.399 1.461
201903 1.235 106.979 1.527
201906 1.305 107.690 1.603
201909 1.402 107.611 1.723
201912 1.496 107.769 1.836
202003 1.583 107.927 1.940
202006 1.711 108.401 2.088
202009 1.822 108.164 2.228
202012 1.840 108.559 2.242
202103 1.937 110.298 2.323
202106 2.575 111.720 3.048
202109 2.685 112.905 3.145
202112 2.790 113.774 3.243
202203 2.848 117.646 3.202
202206 2.749 120.806 3.010
202209 2.725 120.648 2.987
202212 2.766 120.964 3.024
202303 2.849 122.702 3.071
202306 2.870 124.203 3.056
202309 2.849 125.230 3.009
202312 2.868 125.072 3.033
202403 2.957 126.258 3.098
202406 3.155 127.522 3.272
202409 3.426 127.285 3.560
202412 3.808 127.364 3.954
202503 4.239 129.181 4.340
202506 4.873 129.892 4.962
202509 5.500 130.290 5.583
202512 6.231 130.370 6.321
202603 6.871 132.260 6.871

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$2.70 mean?
Wesdome Gold Mines (TSX:WDO) has a Cyclically Adjusted Book per Share of C$2.70 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 Wesdome Gold Mines and its competitors.
Is Wesdome Gold Mines' Cyclically Adjusted Book per Share too high?
Wesdome Gold Mines' current Cyclically Adjusted Book per Share is C$2.70. Overall, Wesdome Gold Mines has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wesdome Gold Mines' Cyclically Adjusted Book per Share compare to NEM and AU?
Wesdome Gold Mines' Cyclically Adjusted Book per Share of C$2.70 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 Wesdome Gold Mines and its competitors. Wesdome Gold Mines's current Cyclically Adjusted Book per Share is C$2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wesdome Gold Mines stock overvalued right now?
Based on GuruFocus' analysis, Wesdome Gold Mines (TSX:WDO) is currently considered Modestly Undervalued. The stock's GF Value™ is C$31.70, compared to a current price of C$28.26 — trading 10.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is C$2.70. Wesdome Gold Mines' overall GF Score™ is 100/100 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 Wesdome Gold Mines (TSX:WDO), the current Cyclically Adjusted Book per Share is C$2.70 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 Wesdome Gold Mines (TSX:WDO) Overvalued in 2026?

Based on GuruFocus' analysis, Wesdome Gold Mines stock appears to be undervalued. The current stock price of C$28.26 is trading 10.9% below its estimated GF Value™ of C$31.70. GuruFocus considers Wesdome Gold Mines to be Modestly Undervalued.

Key valuation signals for TSX:WDO:

  • Cyclically Adjusted Book per Share: C$2.70
  • GF Value™: C$31.70 vs. price of C$28.26 (10.9% below fair value)
  • GF Score™: 100/100 with 3 warning signs

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


Wesdome Gold Mines Business Description

Address 220 Bay Street, Suite 1200, Toronto, ON, CAN, M5J 2W4
Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground, Kiena Complex, and Mishi Open Pit gold mines. The activities of the group function through Canada and it derives revenue from the sale of gold and silver bullion. The company operates in one segment which is the gold mining and related activities industry including exploration, extraction, processing and decommissioning.
100GF Score

Get the complete analysis for TSX:WDO

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

C$28.26
Price
C$31.70
GF Value