Visible Gold Mines (FRA:3V41) Cyclically Adjusted PB Ratio: 0.49 (As of Aug. 04, 2026)

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FRA:3V41 Visible Gold Mines Inc FRA:3V41
38 GF Score
Price €0.09
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What is Visible Gold Mines Cyclically Adjusted PB Ratio?

Visible Gold Mines FRA:3V41 -2.12% 38 Cyclically Adjusted PB Ratio is 0.49 as of Aug. 04, 2026. GuruFocus rates FRA:3V41 with a GF Score™ of 38/100. Among 1,535 Metals & Mining companies, Visible Gold Mines ranks better than 73.62% on this metric.

As of today (2026-08-04), Visible Gold Mines's current share price is €0.0925. Visible Gold Mines's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 was €0.19. Visible Gold Mines's Cyclically Adjusted PB Ratio for today is 0.49.

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

FRA:3V41' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.48
Current: 0.48

During the past years, Visible Gold Mines's highest Cyclically Adjusted PB Ratio was 0.48. The lowest was 0.00. And the median was 0.00.

FRA:3V41's Cyclically Adjusted PB Ratio is ranked better than
73.62% of 1535 companies
in the Metals & Mining industry
Industry Median: 1.4 vs FRA:3V41: 0.48

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.

Visible Gold Mines's adjusted book value per share data for the three months ended in Jan. 2026 was €0.044. 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 €0.19 for the trailing ten years ended in Jan. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Visible Gold Mines  (FRA:3V41) 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.


Visible Gold Mines Cyclically Adjusted PB Ratio Related Terms


Visible Gold Mines Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Visible Gold Mines'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.

Visible Gold Mines Cyclically Adjusted PB Ratio Chart

Visible Gold Mines Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.07 0.15 0.16 0.19

Visible Gold Mines Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 0.18 0.20 0.19 0.37 0.51

FRA:3V41 vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Visible 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.


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

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

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


FRA:3V41
38GF Score
Visible Gold Mines Inc FRA:3V41
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Visible Gold Mines 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0925/0.19
=0.49

* 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.

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

For example, Visible Gold Mines's adjusted Book Value per Share data for the three months ended in Jan. 2026 was:

Adj_Book=Book Value per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=0.044/130.3661*130.3661
=0.044

Current CPI (Jan. 2026) = 130.3661.

Visible Gold Mines Quarterly Data

Book Value per Share CPI Adj_Book
201604 0.509 101.370 0.655
201607 0.485 101.844 0.621
201610 0.462 102.002 0.590
201701 0.482 102.318 0.614
201704 0.463 103.029 0.586
201707 0.442 103.029 0.559
201710 0.432 103.424 0.545
201801 0.355 104.056 0.445
201804 0.340 105.320 0.421
201807 0.337 106.110 0.414
201810 0.342 105.952 0.421
201901 0.332 105.557 0.410
201904 0.249 107.453 0.302
201907 0.152 108.243 0.183
201910 0.146 107.927 0.176
202001 0.144 108.085 0.174
202004 0.135 107.216 0.164
202007 0.118 108.401 0.142
202010 0.112 108.638 0.134
202101 0.110 109.192 0.131
202104 0.112 110.851 0.132
202107 0.108 112.431 0.125
202110 0.109 113.695 0.125
202201 0.108 114.801 0.123
202204 0.111 118.357 0.122
202207 0.030 120.964 0.032
202210 0.031 121.517 0.033
202301 0.026 121.596 0.028
202304 0.025 123.571 0.026
202307 0.011 124.914 0.011
202310 0.011 125.310 0.011
202401 0.008 125.072 0.008
202404 0.006 126.890 0.006
202407 -0.004 128.075 -0.004
202410 -0.005 127.838 -0.005
202501 -0.005 127.443 -0.005
202504 -0.008 129.102 -0.008
202507 -0.009 130.290 -0.009
202510 0.032 130.603 0.032
202601 0.044 130.366 0.044

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 0.49 mean?
Visible Gold Mines (FRA:3V41) has a Cyclically Adjusted PB Ratio of 0.49 as of Aug. 04, 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 Visible Gold Mines and its competitors. According to the industry distribution chart, Visible Gold Mines ranks #405 out of 1535 companies in the Metals & Mining industry, placing it in the top 26.4%.
Is Visible Gold Mines' Cyclically Adjusted PB Ratio too high?
Visible Gold Mines' current Cyclically Adjusted PB Ratio is 0.49. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. Visible Gold Mines' value of 0.49 is 65% below this industry median. Based on the distribution chart, Visible Gold Mines ranks #405 out of 1535 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Visible Gold Mines has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Visible Gold Mines' Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Visible Gold Mines ranks #405 out of 1535 companies for Cyclically Adjusted PB Ratio. This puts Visible Gold Mines in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.40. Visible Gold Mines' value of 0.49 is 65% below 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 1.40, based on 1,535 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. Visible Gold Mines's current Cyclically Adjusted PB Ratio of 0.49 is 65% below 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 Visible Gold Mines and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Visible Gold Mines's current Cyclically Adjusted PB Ratio is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visible Gold Mines stock overvalued right now?
Visible Gold Mines (FRA:3V41) has a current Cyclically Adjusted PB Ratio of 0.49. The current Cyclically Adjusted PB Ratio is 0.49 and 65% below the Metals & Mining industry median of 1.40. Visible Gold Mines' overall GF Score™ is 38/100. 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 Visible Gold Mines (FRA:3V41), the current Cyclically Adjusted PB Ratio is 0.49 as of Aug. 04, 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.

Visible Gold Mines Business Description

Address 147 Avenue Quebec (porte arriere), Rouyn-Noranda, QC, CAN, J9X 6M8
Visible Gold Mines Inc is engaged in the acquisition and exploration of mineral properties with prospects for hosting gold mineral deposits in Canada. The company has a single reporting segment, being the exploration and evaluation of mineral resources. Its projects include the Cadillac Break, Lucky Break, Silidor, Stadacona, Wasa Creek, and Wasa East projects, and a minority interest in the Capricorn project, all located along the Cadillac-Larder Lake near the town of Rouyn-Noranda in the province of Quebec, Canada. Its Lithium James Bay projects include Megali, Carli, and Natali.
38GF Score

Get the complete analysis for FRA:3V41

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

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