CHPGF (Chesapeake Gold) Cyclically Adjusted PB Ratio: 1.54 (As of Aug. 17, 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.

CHPGF Chesapeake Gold Corp CHPGF
34 GF Score
Price $2.61
! 1 Warning Sign
View Full Analysis

What is Chesapeake Gold Cyclically Adjusted PB Ratio?

Chesapeake Gold CHPGF +1.95% 34 Cyclically Adjusted PB Ratio is 1.54 as of Aug. 17, 2026. GuruFocus rates CHPGF with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 1,520 Metals & Mining companies, Chesapeake Gold ranks better than 50.26% on this metric.

As of today (2026-08-17), Chesapeake Gold's current share price is $2.61. Chesapeake Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.70. Chesapeake Gold's Cyclically Adjusted PB Ratio for today is 1.54.

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

CHPGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.51
Current: 1.51

During the past years, Chesapeake Gold's highest Cyclically Adjusted PB Ratio was 1.51. The lowest was 0.00. And the median was 0.00.

CHPGF's Cyclically Adjusted PB Ratio is ranked better than
50.26% of 1520 companies
in the Metals & Mining industry
Industry Median: 1.515 vs CHPGF: 1.51

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.

Chesapeake Gold's adjusted book value per share data for the three months ended in Mar. 2026 was $1.610. 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 $1.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chesapeake Gold  (OTCPK:CHPGF) 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.


Chesapeake Gold Cyclically Adjusted PB Ratio Related Terms


Chesapeake Gold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chesapeake Gold'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.

Chesapeake Gold Cyclically Adjusted PB Ratio Chart

Chesapeake Gold 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 1.38 0.81 0.75 0.36 1.75

Chesapeake 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 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 0.42 0.60 0.91 1.75 1.49

CHPGF vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Chesapeake 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.


Chesapeake Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


CHPGF
34GF Score
Chesapeake Gold Corp CHPGF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chesapeake Gold 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.

Chesapeake Gold's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.61/1.70
=1.54

* 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.

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

For example, Chesapeake 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)
=1.61/132.2623*132.2623
=1.610

Current CPI (Mar. 2026) = 132.2623.

Chesapeake Gold Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.494 102.002 1.937
201609 1.471 101.765 1.912
201612 1.436 101.449 1.872
201703 1.418 102.634 1.827
201706 1.417 103.029 1.819
201709 1.531 103.345 1.959
201712 1.483 103.345 1.898
201803 1.446 105.004 1.821
201806 1.430 105.557 1.792
201809 1.429 105.636 1.789
201812 1.359 105.399 1.705
201903 1.367 106.979 1.690
201906 1.370 107.690 1.683
201909 1.407 107.611 1.729
201912 1.405 107.769 1.724
202003 1.334 107.927 1.635
202006 1.384 108.401 1.689
202009 1.593 108.164 1.948
202012 1.629 108.559 1.985
202103 1.934 110.298 2.319
202106 1.981 111.720 2.345
202109 1.900 112.905 2.226
202112 1.861 113.774 2.163
202203 1.896 117.646 2.132
202206 1.856 120.806 2.032
202209 1.765 120.648 1.935
202212 1.650 120.964 1.804
202303 1.619 122.702 1.745
202306 1.648 124.203 1.755
202309 1.609 125.230 1.699
202312 1.649 125.072 1.744
202403 1.643 126.258 1.721
202406 1.595 127.522 1.654
202409 1.586 127.285 1.648
202412 1.500 127.364 1.558
202503 1.490 129.181 1.526
202506 1.529 129.892 1.557
202509 1.505 130.287 1.528
202512 1.513 130.366 1.535
202603 1.610 132.262 1.610

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 1.54 mean?
Chesapeake Gold (CHPGF) has a Cyclically Adjusted PB Ratio of 1.54 as of Aug. 17, 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 Chesapeake Gold and its competitors. According to the industry distribution chart, Chesapeake Gold ranks #756 out of 1520 companies in the Metals & Mining industry, placing it in the top 49.7%.
Is Chesapeake Gold's Cyclically Adjusted PB Ratio too high?
Chesapeake Gold's current Cyclically Adjusted PB Ratio is 1.54. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.52. Chesapeake Gold's value of 1.54 is 1.7% above this industry median. Based on the distribution chart, Chesapeake Gold ranks #756 out of 1520 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Chesapeake Gold has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Chesapeake Gold's Cyclically Adjusted PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Chesapeake Gold ranks #756 out of 1520 companies for Cyclically Adjusted PB Ratio. This puts Chesapeake Gold in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. Chesapeake Gold's value of 1.54 is 1.7% above this benchmark. 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 1.52, based on 1,520 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. Chesapeake Gold's current Cyclically Adjusted PB Ratio of 1.54 is 1.7% 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 Chesapeake Gold and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chesapeake Gold's current Cyclically Adjusted PB Ratio is 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chesapeake Gold stock overvalued right now?
Chesapeake Gold (CHPGF) has a current Cyclically Adjusted PB Ratio of 1.54. The current Cyclically Adjusted PB Ratio is 1.54 and 1.7% above the Metals & Mining industry median of 1.52. Chesapeake Gold's overall GF Score™ is 34/100 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 Chesapeake Gold (CHPGF), the current Cyclically Adjusted PB Ratio is 1.54 as of Aug. 17, 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.

Chesapeake Gold Business Description

Other Exchanges CKG:GermanyCKG:Canada
Address 1512 Yew Street, Suite 201, Vancouver, BC, CAN, V6K 3E4
Chesapeake Gold Corp is a Canadian exploration and evaluation stage mining company focused on the exploration and development of precious metal deposits in North and Central America. The Company's operations are principally directed toward the development of the Metates Project, located in Durango State, Mexico, and the generation of a pipeline of regional exploration projects in the region. Its properties include the Talapoosa property, the El Duraznito gold-silver project, and Lucy and others.
34GF Score

Get the complete analysis for CHPGF

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

$2.61
Price