Chesapeake Gold (FRA:CKG) Cyclically Adjusted PB Ratio: 1.59 (As of Sep. 05, 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.

FRA:CKG Chesapeake Gold Corp FRA:CKG
36 GF Score
Price €2.23
! 1 Warning Sign
View Full Analysis

What is Chesapeake Gold Cyclically Adjusted PB Ratio?

Chesapeake Gold FRA:CKG +1.36% 36 Cyclically Adjusted PB Ratio is 1.59 as of Sep. 05, 2026. GuruFocus rates FRA:CKG with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 1,500 Metals & Mining companies, Chesapeake Gold ranks better than 50.47% on this metric.

As of today (2026-09-05), Chesapeake Gold's current share price is €2.23. Chesapeake Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €1.40. Chesapeake Gold's Cyclically Adjusted PB Ratio for today is 1.59.

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

FRA:CKG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.53
Current: 1.53

During the past years, Chesapeake Gold's highest Cyclically Adjusted PB Ratio was 1.53. The lowest was 0.00. And the median was 0.00.

FRA:CKG's Cyclically Adjusted PB Ratio is ranked better than
50.47% of 1500 companies
in the Metals & Mining industry
Industry Median: 1.55 vs FRA:CKG: 1.53

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 Jun. 2026 was €1.371. 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 €1.40 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chesapeake Gold  (FRA:CKG) 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
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 0.60 0.91 1.75 1.49 1.41

FRA:CKG 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.


FRA:CKG
36GF Score
Chesapeake Gold Corp FRA:CKG
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
=2.23/1.40
=1.59

* 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 Jun. 2026 is calculated as:

For example, Chesapeake Gold'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)
=1.371/133.5265*133.5265
=1.371

Current CPI (Jun. 2026) = 133.5265.

Chesapeake Gold Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.311 101.765 1.720
201612 1.362 101.449 1.793
201703 1.326 102.634 1.725
201706 1.261 103.029 1.634
201709 1.285 103.345 1.660
201712 1.253 103.345 1.619
201803 1.173 105.004 1.492
201806 1.224 105.557 1.548
201809 1.225 105.636 1.548
201812 1.195 105.399 1.514
201903 1.209 106.979 1.509
201906 1.212 107.690 1.503
201909 1.278 107.611 1.586
201912 1.265 107.769 1.567
202003 1.207 107.927 1.493
202006 1.229 108.401 1.514
202009 1.352 108.164 1.669
202012 1.339 108.559 1.647
202103 1.625 110.298 1.967
202106 1.644 111.720 1.965
202109 1.615 112.905 1.910
202112 1.647 113.774 1.933
202203 1.721 117.646 1.953
202206 1.755 120.806 1.940
202209 1.783 120.648 1.973
202212 1.557 120.964 1.719
202303 1.512 122.702 1.645
202306 1.521 124.203 1.635
202309 1.508 125.230 1.608
202312 1.512 125.072 1.614
202403 1.512 126.258 1.599
202406 1.482 127.522 1.552
202409 1.429 127.285 1.499
202412 1.433 127.364 1.502
202503 1.379 129.181 1.425
202506 1.325 129.892 1.362
202509 1.282 130.287 1.314
202512 1.292 130.366 1.323
202603 1.393 132.262 1.406
202606 1.371 133.527 1.371

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 1.59 mean?
Chesapeake Gold (FRA:CKG) has a Cyclically Adjusted PB Ratio of 1.59 as of Sep. 05, 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 #743 out of 1500 companies in the Metals & Mining industry, placing it in the top 49.5%.
Is Chesapeake Gold's Cyclically Adjusted PB Ratio too high?
Chesapeake Gold's current Cyclically Adjusted PB Ratio is 1.59. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.55. Chesapeake Gold's value of 1.59 is 2.6% above this industry median. Based on the distribution chart, Chesapeake Gold ranks #743 out of 1500 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Chesapeake Gold has a GF Score™ of 36/100, 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 #743 out of 1500 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 1.55. Chesapeake Gold's value of 1.59 is 2.6% 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 1.55, based on 1,500 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 1.59 is 2.6% 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 1.55 — 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 1.59. 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 (FRA:CKG) has a current Cyclically Adjusted PB Ratio of 1.59. The current Cyclically Adjusted PB Ratio is 1.59 and 2.6% above the Metals & Mining industry median of 1.55. Chesapeake Gold's overall GF Score™ is 36/100 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 (FRA:CKG), the current Cyclically Adjusted PB Ratio is 1.59 as of Sep. 05, 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

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.
36GF Score

Get the complete analysis for FRA:CKG

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

€2.23
Price