Endeavour Mining (CHIX:EDVL) Cyclically Adjusted PB Ratio: 3.21 (As of Jul. 19, 2026) — 89% Above Median

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.

CHIX:EDVL Endeavour Mining PLC CHIX:EDVL
90 GF Score
Price £34.17
GF Value £37.43
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Endeavour Mining Cyclically Adjusted PB Ratio?

Endeavour Mining CHIX:EDVL -0.06% 90 Cyclically Adjusted PB Ratio is 3.21 as of Jul. 19, 2026, which is 89% above its 10-year median of 1.70. GuruFocus rates CHIX:EDVL with a GF Score™ of 90/100 and a GF Value™ of £37.43 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,545 Metals & Mining companies, Endeavour Mining ranks worse than 69.64% on this metric.

As of today (2026-07-19), Endeavour Mining's current share price is £34.17. Endeavour Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was £10.65. Endeavour Mining's Cyclically Adjusted PB Ratio for today is 3.21.

The historical rank and industry rank for Endeavour Mining's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:EDVl' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.22   Med: 1.7   Max: 4.99
Current: 3.2

During the past years, Endeavour Mining's highest Cyclically Adjusted PB Ratio was 4.99. The lowest was 1.22. And the median was 1.70.

CHIX:EDVl's Cyclically Adjusted PB Ratio is ranked worse than
69.64% of 1545 companies
in the Metals & Mining industry
Industry Median: 1.39 vs CHIX:EDVl: 3.20

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.

Endeavour Mining's adjusted book value per share data for the three months ended in Mar. 2026 was £10.406. 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 £10.65 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Endeavour Mining  (CHIX:EDVl) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Endeavour Mining Cyclically Adjusted PB Ratio Related Terms


Endeavour Mining Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Endeavour Mining's Cyclically Adjusted PB Ratio 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.

Endeavour Mining Cyclically Adjusted PB Ratio Chart

Endeavour Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 1.65 1.69 1.38 3.65

Endeavour Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 1.75 2.12 2.95 3.65 4.17

CHIX:EDVL vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Endeavour Mining'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.


Endeavour Mining Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


CHIX:EDVL
90GF Score
Endeavour Mining PLC CHIX:EDVL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Endeavour Mining Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Endeavour Mining's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=34.17/10.65
=3.21

* 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.

Endeavour Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Endeavour Mining'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)
=10.406/140.8000*140.8000
=10.406

Current CPI (Mar. 2026) = 140.8000.

Endeavour Mining Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.947 101.000 9.685
201609 7.903 101.500 10.963
201612 7.784 102.200 10.724
201703 7.819 102.700 10.720
201706 7.535 103.500 10.251
201709 7.469 104.300 10.083
201712 6.832 105.000 9.161
201803 6.655 105.100 8.916
201806 6.904 105.900 9.179
201809 6.934 106.600 9.159
201812 6.271 107.100 8.244
201903 5.865 107.000 7.718
201906 6.131 107.900 8.000
201909 6.075 108.400 7.891
201912 4.983 108.500 6.466
202003 5.426 108.600 7.035
202006 3.585 108.800 4.639
202009 9.601 109.200 12.379
202012 9.391 109.400 12.086
202103 11.441 109.700 14.685
202106 11.538 111.400 14.583
202109 11.877 112.400 14.878
202112 11.945 114.700 14.663
202203 11.693 116.500 14.132
202206 13.134 120.500 15.347
202209 14.119 122.300 16.255
202212 12.253 125.300 13.769
202303 11.938 126.800 13.256
202306 11.132 129.400 12.113
202309 11.227 130.100 12.150
202312 10.423 130.500 11.246
202403 9.959 131.600 10.655
202406 9.734 133.000 10.305
202409 9.067 133.500 9.563
202412 8.792 135.100 9.163
202503 9.113 136.100 9.428
202506 8.967 138.400 9.122
202509 9.510 138.900 9.640
202512 9.417 139.900 9.478
202603 10.406 140.800 10.406

Add all the adjusted book value per share together and divide the count will get our 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.

What does a Cyclically Adjusted PB Ratio of 3.21 mean?
Endeavour Mining (CHIX:EDVL) has a Cyclically Adjusted PB Ratio of 3.21 as of Jul. 19, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Endeavour Mining and its competitors. This is 89% above median its historical median of 1.70. Over the past decade, Endeavour Mining's Cyclically Adjusted PB Ratio has ranged from 1.22 to 4.99. According to the industry distribution chart, Endeavour Mining ranks #1076 out of 1545 companies in the Metals & Mining industry, placing it in the top 69.6%.
Is Endeavour Mining's Cyclically Adjusted PB Ratio too high?
Endeavour Mining's current Cyclically Adjusted PB Ratio of 3.21 is 89% above median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 4.99. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.39. Endeavour Mining's value of 3.21 is 130.9% above this industry median. Based on the distribution chart, Endeavour Mining ranks #1076 out of 1545 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Endeavour Mining has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Endeavour Mining's Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Endeavour Mining ranks #1076 out of 1545 companies for Cyclically Adjusted PB Ratio. This places Endeavour Mining in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.39. Endeavour Mining's value of 3.21 is 130.9% above this benchmark. Historically, Endeavour Mining's own Cyclically Adjusted PB Ratio has ranged from 1.22 to 4.99 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 1.39, Endeavour Mining has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.39, based on 1,545 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Endeavour Mining's current Cyclically Adjusted PB Ratio of 3.21 is 130.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Endeavour Mining and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Endeavour Mining's current Cyclically Adjusted PB Ratio is 3.21, which is 89% above median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Endeavour Mining stock overvalued right now?
Based on GuruFocus' analysis, Endeavour Mining (CHIX:EDVL) is currently considered Fairly Valued. The stock's GF Value™ is £37.43, compared to a current price of £34.17 — trading 8.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.21, which is 89% above median its 10-year median of 1.70 and 130.9% above the Metals & Mining industry median of 1.39. Endeavour Mining's overall GF Score™ is 90/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Endeavour Mining (CHIX:EDVL), the current Cyclically Adjusted PB Ratio is 3.21 as of Jul. 19, 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 Endeavour Mining (CHIX:EDVL) Overvalued in 2026?

Based on GuruFocus' analysis, Endeavour Mining stock appears to be undervalued. The current stock price of £34.17 is trading 8.7% below its estimated GF Value™ of £37.43. GuruFocus considers Endeavour Mining to be Fairly Valued.

Key valuation signals for CHIX:EDVL:

  • Cyclically Adjusted PB Ratio: 3.21 (89% above median its 10-year median of 1.70)
  • GF Value™: £37.43 vs. price of £34.17 (8.7% below fair value)
  • GF Score™: 90/100 with 1 warning sign
  • Industry Position: 130.9% above the Metals & Mining median (#1076 of 1545)

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


Endeavour Mining Business Description

Address 5 Young Street, London, GBR, W8 5EH
Endeavour Mining PLC is a gold producer in West Africa. The Group operates in four principal countries, Burkina Faso (Hounde, and Mana mines), Cote d'Ivoire (Ity mine, Lafigue project), Senegal (Sabodala-Massawa mine) and Mali (Kalana Project). It derives maximum revenue from Ity Mine.
90GF Score

Get the complete analysis for CHIX:EDVL

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

£34.17
Price
£37.43
GF Value