Lake Victoria Gold (FRA:E1K) Cyclically Adjusted PB Ratio: 2.76 (As of Aug. 19, 2026)

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FRA:E1K Lake Victoria Gold Ltd FRA:E1K
39 GF Score
Price €0.17
! 2 Warning Signs
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What is Lake Victoria Gold Cyclically Adjusted PB Ratio?

Lake Victoria Gold FRA:E1K -1.78% 39 Cyclically Adjusted PB Ratio is 2.76 as of Aug. 19, 2026. GuruFocus rates FRA:E1K with a GF Score™ of 39/100. The stock has 2 warning signs investors should review. Among 1,519 Metals & Mining companies, Lake Victoria Gold ranks worse than 64.85% on this metric.

As of today (2026-08-19), Lake Victoria Gold's current share price is €0.1655. Lake Victoria Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.06. Lake Victoria Gold's Cyclically Adjusted PB Ratio for today is 2.76.

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

FRA:E1K' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.86
Current: 2.86

During the past years, Lake Victoria Gold's highest Cyclically Adjusted PB Ratio was 2.86. The lowest was 0.00. And the median was 0.00.

FRA:E1K's Cyclically Adjusted PB Ratio is ranked worse than
64.85% of 1519 companies
in the Metals & Mining industry
Industry Median: 1.52 vs FRA:E1K: 2.86

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.

Lake Victoria Gold's adjusted book value per share data for the three months ended in Mar. 2026 was €0.052. 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 €0.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lake Victoria Gold  (FRA:E1K) 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.


Lake Victoria Gold Cyclically Adjusted PB Ratio Related Terms


Lake Victoria Gold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lake Victoria 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.

Lake Victoria Gold Cyclically Adjusted PB Ratio Chart

Lake Victoria 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 0.63 0.59 0.90 0.91 2.53

Lake Victoria 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 1.01 1.30 1.38 2.53 2.95

FRA:E1K vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Lake Victoria 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.


Lake Victoria Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


FRA:E1K
39GF Score
Lake Victoria Gold Ltd FRA:E1K
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lake Victoria 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1655/0.06
=2.76

* 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.

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

For example, Lake Victoria 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)
=0.052/132.2623*132.2623
=0.052

Current CPI (Mar. 2026) = 132.2623.

Lake Victoria Gold Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.333 102.002 0.432
201609 0.317 101.765 0.412
201612 0.063 101.449 0.082
201703 0.059 102.634 0.076
201706 0.053 103.029 0.068
201709 0.050 103.345 0.064
201712 0.047 103.345 0.060
201803 0.044 105.004 0.055
201806 0.046 105.557 0.058
201809 0.044 105.636 0.055
201812 0.045 105.399 0.056
201903 0.043 106.979 0.053
201906 0.035 107.690 0.043
201909 0.035 107.611 0.043
201912 0.039 107.769 0.048
202003 0.039 107.927 0.048
202006 0.038 108.401 0.046
202009 0.048 108.164 0.059
202012 0.050 108.559 0.061
202103 0.050 110.298 0.060
202106 0.048 111.720 0.057
202109 0.053 112.905 0.062
202112 0.051 113.774 0.059
202203 0.050 117.646 0.056
202206 0.058 120.806 0.064
202209 0.059 120.648 0.065
202212 0.041 120.964 0.045
202303 0.038 122.702 0.041
202306 0.032 124.203 0.034
202309 0.032 125.230 0.034
202312 0.041 125.072 0.043
202403 0.038 126.258 0.040
202406 0.036 127.522 0.037
202409 0.033 127.285 0.034
202412 0.032 127.364 0.033
202503 0.049 129.181 0.050
202506 0.045 129.892 0.046
202509 0.052 130.287 0.053
202512 0.052 130.366 0.053
202603 0.052 132.262 0.052

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 2.76 mean?
Lake Victoria Gold (FRA:E1K) has a Cyclically Adjusted PB Ratio of 2.76 as of Aug. 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 Lake Victoria Gold and its competitors. According to the industry distribution chart, Lake Victoria Gold ranks #985 out of 1519 companies in the Metals & Mining industry, placing it in the top 64.8%.
Is Lake Victoria Gold's Cyclically Adjusted PB Ratio too high?
Lake Victoria Gold's current Cyclically Adjusted PB Ratio is 2.76. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.52. Lake Victoria Gold's value of 2.76 is 81.6% above this industry median. Based on the distribution chart, Lake Victoria Gold ranks #985 out of 1519 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Lake Victoria Gold has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Lake Victoria Gold's Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Lake Victoria Gold ranks #985 out of 1519 companies for Cyclically Adjusted PB Ratio. This places Lake Victoria Gold in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. Lake Victoria Gold's value of 2.76 is 81.6% 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 1.52, based on 1,519 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. Lake Victoria Gold's current Cyclically Adjusted PB Ratio of 2.76 is 81.6% 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 Lake Victoria 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. Lake Victoria Gold's current Cyclically Adjusted PB Ratio is 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lake Victoria Gold stock overvalued right now?
Lake Victoria Gold (FRA:E1K) has a current Cyclically Adjusted PB Ratio of 2.76. The current Cyclically Adjusted PB Ratio is 2.76 and 81.6% above the Metals & Mining industry median of 1.52. Lake Victoria Gold's overall GF Score™ is 39/100 with 2 warning signs 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 Lake Victoria Gold (FRA:E1K), the current Cyclically Adjusted PB Ratio is 2.76 as of Aug. 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.

Lake Victoria Gold Business Description

Address 1090 W. Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Lake Victoria Gold Ltd is a junior mineral exploration company. It is engaged in the acquisition and exploration of mineral properties located in Tanzania. The company focuses on gold exploration and development. Its project includes the Tembo Gold Project, located in northwest Tanzania, and the Imwelo Project. The Company operates in one reportable segment, being the exploration and development of unproven exploration and evaluation assets.
39GF Score

Get the complete analysis for FRA:E1K

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

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