Volcanic Gold Mines (FRA:CKC2) Cyclically Adjusted PB Ratio: 0.47 (As of Sep. 13, 2026)

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FRA:CKC2 Volcanic Gold Mines Inc FRA:CKC2
33 GF Score
Price €0.06
! 1 Warning Sign
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What is Volcanic Gold Mines Cyclically Adjusted PB Ratio?

Volcanic Gold Mines FRA:CKC2 -9.60% 33 Cyclically Adjusted PB Ratio is 0.47 as of Sep. 13, 2026. GuruFocus rates FRA:CKC2 with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 1,501 Metals & Mining companies, Volcanic Gold Mines ranks better than 77.08% on this metric.

As of today (2026-09-13), Volcanic Gold Mines's current share price is €0.0565. Volcanic Gold Mines's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.12. Volcanic Gold Mines's Cyclically Adjusted PB Ratio for today is 0.47.

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

FRA:CKC2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.44
Current: 0.44

During the past years, Volcanic Gold Mines's highest Cyclically Adjusted PB Ratio was 0.44. The lowest was 0.00. And the median was 0.00.

FRA:CKC2's Cyclically Adjusted PB Ratio is ranked better than
77.08% of 1501 companies
in the Metals & Mining industry
Industry Median: 1.53 vs FRA:CKC2: 0.44

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.

Volcanic Gold Mines's adjusted book value per share data for the three months ended in Jun. 2026 was €0.013. 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 €0.12 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Volcanic Gold Mines  (FRA:CKC2) 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.


Volcanic Gold Mines Cyclically Adjusted PB Ratio Related Terms


Volcanic Gold Mines Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Volcanic 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.

Volcanic Gold Mines Cyclically Adjusted PB Ratio Chart

Volcanic Gold Mines 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 0.88 0.46 0.97 0.35 0.51

Volcanic Gold Mines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Jun26
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 0.62 0.56 0.46 0.51 0.37

FRA:CKC2 vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Volcanic 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.


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

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

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


FRA:CKC2
33GF Score
Volcanic Gold Mines Inc FRA:CKC2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Volcanic 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0565/0.12
=0.47

* 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.

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

For example, Volcanic Gold Mines'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)
=0.013/133.5265*133.5265
=0.013

Current CPI (Jun. 2026) = 133.5265.

Volcanic Gold Mines Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.081 102.002 0.106
201609 0.058 101.765 0.076
201612 0.057 101.449 0.075
201703 0.759 102.634 0.987
201706 0.542 103.029 0.702
201709 0.465 103.345 0.601
201712 0.332 103.345 0.429
201803 0.278 105.004 0.354
201806 0.247 105.557 0.312
201809 0.013 105.636 0.016
201812 -0.005 105.399 -0.006
201903 0.008 106.979 0.010
201906 0.030 107.690 0.037
201909 0.026 107.611 0.032
201912 0.022 107.769 0.027
202003 0.017 107.927 0.021
202006 0.022 108.401 0.027
202009 0.103 108.164 0.127
202012 0.172 108.559 0.212
202103 0.172 110.298 0.208
202106 0.160 111.720 0.191
202109 0.140 112.905 0.166
202112 0.130 113.774 0.153
202203 0.122 117.646 0.138
202206 0.114 120.806 0.126
202209 0.108 120.648 0.120
202212 0.089 120.964 0.098
202303 0.079 122.702 0.086
202306 0.071 124.203 0.076
202309 0.063 125.230 0.067
202312 0.054 125.072 0.058
202403 0.043 126.258 0.045
202406 0.024 127.522 0.025
202409 0.020 127.285 0.021
202412 0.017 127.364 0.018
202503 0.013 129.181 0.013
202506 0.014 129.892 0.014
202509 0.020 130.287 0.020
202512 0.017 130.366 0.017
202606 0.013 133.527 0.013

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 0.47 mean?
Volcanic Gold Mines (FRA:CKC2) has a Cyclically Adjusted PB Ratio of 0.47 as of Sep. 13, 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 Volcanic Gold Mines and its competitors. According to the industry distribution chart, Volcanic Gold Mines ranks #344 out of 1501 companies in the Metals & Mining industry, placing it in the top 22.9%.
Is Volcanic Gold Mines' Cyclically Adjusted PB Ratio too high?
Volcanic Gold Mines' current Cyclically Adjusted PB Ratio is 0.47. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.53. Volcanic Gold Mines' value of 0.47 is 69.3% below this industry median. Based on the distribution chart, Volcanic Gold Mines ranks #344 out of 1501 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Volcanic Gold Mines has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Volcanic Gold Mines' Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Volcanic Gold Mines ranks #344 out of 1501 companies for Cyclically Adjusted PB Ratio. This places Volcanic Gold Mines in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.53. Volcanic Gold Mines' value of 0.47 is 69.3% 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 1.53, based on 1,501 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. Volcanic Gold Mines's current Cyclically Adjusted PB Ratio of 0.47 is 69.3% 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 Volcanic Gold Mines and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Volcanic Gold Mines's current Cyclically Adjusted PB Ratio is 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Volcanic Gold Mines stock overvalued right now?
Volcanic Gold Mines (FRA:CKC2) has a current Cyclically Adjusted PB Ratio of 0.47. The current Cyclically Adjusted PB Ratio is 0.47 and 69.3% below the Metals & Mining industry median of 1.53. Volcanic Gold Mines' overall GF Score™ is 33/100 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 Volcanic Gold Mines (FRA:CKC2), the current Cyclically Adjusted PB Ratio is 0.47 as of Sep. 13, 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.

Volcanic Gold Mines Business Description

Other Exchanges VLMZF:USAVG:Canada
Address 1111 Melville Street, Suite 1000, Vancouver, BC, CAN, V6E 3V6
Volcanic Gold Mines Inc is a Canadian company that is principally engaged in the acquisition and exploration of resource properties. It holds an interest in the Holly and Banderas property located in Guatemala. The company operates through a single segment, being the Acquisition, exploration, and evaluation of mineral properties. The mineral property interests and substantially all property and equipment are located in Guatemala, and substantially all of the exploration expenditures are incurred in Guatemala.
33GF Score

Get the complete analysis for FRA:CKC2

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

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