Tsodilo Resources (TSXV:TSD) Cyclically Adjusted Book per Share: C$0.15 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

TSXV:TSD Tsodilo Resources Ltd TSXV:TSD
34 GF Score
Price C$0.12
! 4 Warning Signs
View Full Analysis

What is Tsodilo Resources Cyclically Adjusted Book per Share?

Tsodilo Resources TSXV:TSD 34 Cyclically Adjusted Book per Share is C$0.15 as of Jun. 2026. GuruFocus rates TSXV:TSD with a GF Score™ of 34/100. The stock has 4 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.

Tsodilo Resources's adjusted book value per share for the three months ended in Jun. 2026 was C$-0.030. 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$0.15 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Tsodilo Resources's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -17.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -13.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -7.70% 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 Tsodilo Resources was 17.00% per year. The lowest was -19.30% per year. And the median was -1.00% per year.

As of today (2026-07-15), Tsodilo Resources's current stock price is C$0.12. Tsodilo Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was C$0.15. Tsodilo Resources's Cyclically Adjusted PB Ratio of today is 0.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tsodilo Resources was 0.79. The lowest was 0.00. And the median was 0.00.


Tsodilo Resources  (TSXV:TSD) 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.

Tsodilo Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.12/0.15
=0.80

* 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 Tsodilo Resources was 0.79. 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.


Tsodilo Resources Cyclically Adjusted Book per Share Related Terms


Tsodilo Resources Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Tsodilo Resources'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.

Tsodilo Resources Cyclically Adjusted Book per Share Chart

Tsodilo Resources 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 0.29 0.27 0.23 0.19 0.15

Tsodilo Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.17 0.17 0.16 0.15 0.15

TSXV:TSD vs HL: Cyclically Adjusted Book per Share Comparison

For the Other Precious Metals & Mining subindustry, Tsodilo Resources'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.


Tsodilo Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:TSD
34GF Score
Tsodilo Resources Ltd TSXV:TSD
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tsodilo Resources 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, Tsodilo Resources'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)
=-0.03/134.0005*134.0005
=-0.030

Current CPI (Jun. 2026) = 134.0005.

Tsodilo Resources Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.130 102.002 0.171
201609 0.136 101.765 0.179
201612 0.242 101.449 0.320
201703 0.238 102.634 0.311
201706 0.232 103.029 0.302
201709 0.205 103.345 0.266
201712 0.215 103.345 0.279
201803 0.226 105.004 0.288
201806 0.200 105.557 0.254
201809 0.191 105.636 0.242
201812 0.184 105.399 0.234
201903 0.185 106.979 0.232
201906 0.183 107.690 0.228
201909 0.176 107.611 0.219
201912 0.178 107.769 0.221
202003 0.152 107.927 0.189
202006 0.144 108.401 0.178
202009 0.154 108.164 0.191
202012 0.153 108.559 0.189
202103 0.157 110.298 0.191
202106 0.155 111.720 0.186
202109 0.146 112.905 0.173
202112 0.135 113.774 0.159
202203 0.134 117.646 0.153
202206 0.111 120.806 0.123
202209 0.089 120.648 0.099
202212 0.081 120.964 0.090
202303 0.079 122.702 0.086
202306 0.067 124.203 0.072
202309 0.061 125.230 0.065
202312 0.058 125.072 0.062
202403 0.055 126.258 0.058
202406 0.057 127.522 0.060
202409 0.056 127.285 0.059
202412 0.043 127.364 0.045
202503 0.040 129.181 0.041
202506 -0.043 129.892 -0.044
202509 -0.042 130.287 -0.043
202512 -0.050 130.366 -0.051
202606 -0.030 134.001 -0.030

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$0.15 mean?
Tsodilo Resources (TSXV:TSD) has a Cyclically Adjusted Book per Share of C$0.15 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 Tsodilo Resources and its competitors.
Is Tsodilo Resources' Cyclically Adjusted Book per Share too high?
Tsodilo Resources' current Cyclically Adjusted Book per Share is C$0.15. Overall, Tsodilo Resources has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Tsodilo Resources' Cyclically Adjusted Book per Share compare to HL?
Tsodilo Resources' Cyclically Adjusted Book per Share of C$0.15 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 Tsodilo Resources and its competitors. Tsodilo Resources's current Cyclically Adjusted Book per Share is C$0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsodilo Resources stock overvalued right now?
Tsodilo Resources (TSXV:TSD) has a current Cyclically Adjusted Book per Share of C$0.15. The current Cyclically Adjusted Book per Share is C$0.15. Tsodilo Resources' overall GF Score™ is 34/100 with 4 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 Tsodilo Resources (TSXV:TSD), the current Cyclically Adjusted Book per Share is C$0.15 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.

Tsodilo Resources Business Description

Other Exchanges TSDRF:USATZO:Germany
Address 1 King Street West, 48th Floor, Suite 4800, Toronto, ON, CAN, M5H 1A1
Tsodilo Resources Ltd is an international resource exploration company engaged in the search for economic metal and diamond deposits at its Gcwihaba and Bosoto projects in Botswana. The company has a 100% stake in its Gcwihaba project area, consisting of five metal (base, precious, platinum group, and rare earth) prospecting licenses all located in the North-West district of Botswana. The company has a 100% stake in Bosoto (Pty) Ltd. which holds the BK16 kimberlite project in the Orapa Kimberlite Field (OKF) in Botswana.
34GF Score

Get the complete analysis for TSXV:TSD

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

C$0.12
Price