Wesdome Gold Mines (FRA:RKVA) Cyclically Adjusted PB Ratio: 11.61 (As of Aug. 17, 2026) — 91% Above Median

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FRA:RKVA Wesdome Gold Mines Ltd FRA:RKVA
99 GF Score
Price €20.09
GF Value €19.71
Valuation Fairly Valued
! 3 Warning Signs
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What is Wesdome Gold Mines Cyclically Adjusted PB Ratio?

Wesdome Gold Mines FRA:RKVA -2.00% 99 Cyclically Adjusted PB Ratio is 11.61 as of Aug. 17, 2026, which is 91% above its 10-year median of 6.09. GuruFocus rates FRA:RKVA with a GF Score™ of 99/100 and a GF Value™ of €19.71 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,520 Metals & Mining companies, Wesdome Gold Mines ranks worse than 91.71% on this metric.

As of today (2026-08-17), Wesdome Gold Mines's current share price is €20.09. Wesdome Gold Mines's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €1.73. Wesdome Gold Mines's Cyclically Adjusted PB Ratio for today is 11.61.

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

FRA:RKVA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.53   Med: 6.09   Max: 12.55
Current: 11.33

During the past years, Wesdome Gold Mines's highest Cyclically Adjusted PB Ratio was 12.55. The lowest was 1.53. And the median was 6.09.

FRA:RKVA's Cyclically Adjusted PB Ratio is ranked worse than
91.71% of 1520 companies
in the Metals & Mining industry
Industry Median: 1.515 vs FRA:RKVA: 11.33

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.

Wesdome Gold Mines's adjusted book value per share data for the three months ended in Jun. 2026 was €4.276. 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 €1.73 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wesdome Gold Mines  (FRA:RKVA) 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.


Wesdome Gold Mines Cyclically Adjusted PB Ratio Related Terms


Wesdome Gold Mines Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wesdome 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.

Wesdome Gold Mines Cyclically Adjusted PB Ratio Chart

Wesdome 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 8.59 4.80 4.30 6.29 9.04

Wesdome Gold Mines 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 8.37 9.09 9.04 9.21 8.48

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

For the Gold subindustry, Wesdome 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.


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

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

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


FRA:RKVA
99GF Score
Wesdome Gold Mines Ltd FRA:RKVA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wesdome 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.09/1.73
=11.61

* 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.

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

For example, Wesdome 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)
=4.276/133.5265*133.5265
=4.276

Current CPI (Jun. 2026) = 133.5265.

Wesdome Gold Mines Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.648 101.765 0.850
201612 0.695 101.449 0.915
201703 0.699 102.634 0.909
201706 0.687 103.029 0.890
201709 0.706 103.345 0.912
201712 0.683 103.345 0.882
201803 0.664 105.004 0.844
201806 0.723 105.557 0.915
201809 0.750 105.636 0.948
201812 0.762 105.399 0.965
201903 0.817 106.979 1.020
201906 0.869 107.690 1.077
201909 0.961 107.611 1.192
201912 1.023 107.769 1.268
202003 1.026 107.927 1.269
202006 1.121 108.401 1.381
202009 1.169 108.164 1.443
202012 1.181 108.559 1.453
202103 1.295 110.298 1.568
202106 1.749 111.720 2.090
202109 1.801 112.905 2.130
202112 1.929 113.774 2.264
202203 2.042 117.646 2.318
202206 2.031 120.806 2.245
202209 2.063 120.648 2.283
202212 1.922 120.964 2.122
202303 1.945 122.702 2.117
202306 1.994 124.203 2.144
202309 1.973 125.230 2.104
202312 1.961 125.072 2.094
202403 2.010 126.258 2.126
202406 2.139 127.522 2.240
202409 2.278 127.285 2.390
202412 2.553 127.364 2.677
202503 2.731 129.181 2.823
202506 3.091 129.892 3.177
202509 3.387 130.287 3.471
202512 3.857 130.366 3.951
202603 4.332 132.262 4.373
202606 4.276 133.527 4.276

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 11.61 mean?
Wesdome Gold Mines (FRA:RKVA) has a Cyclically Adjusted PB Ratio of 11.61 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 Wesdome Gold Mines and its competitors. This is 91% above median its historical median of 6.09. Over the past decade, Wesdome Gold Mines' Cyclically Adjusted PB Ratio has ranged from 1.53 to 12.55. According to the industry distribution chart, Wesdome Gold Mines ranks #1394 out of 1520 companies in the Metals & Mining industry, placing it in the top 91.7%.
Is Wesdome Gold Mines' Cyclically Adjusted PB Ratio too high?
Wesdome Gold Mines' current Cyclically Adjusted PB Ratio of 11.61 is 91% above median its 10-year median of 6.09. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 12.55. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.52. Wesdome Gold Mines' value of 11.61 is 666.3% above this industry median. Based on the distribution chart, Wesdome Gold Mines ranks #1394 out of 1520 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Wesdome Gold Mines has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wesdome Gold Mines' Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Wesdome Gold Mines ranks #1394 out of 1520 companies for Cyclically Adjusted PB Ratio. This places Wesdome Gold Mines in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. Wesdome Gold Mines' value of 11.61 is 666.3% above this benchmark. Historically, Wesdome Gold Mines' own Cyclically Adjusted PB Ratio has ranged from 1.53 to 12.55 over the past decade. While the company's 10-year median is 6.09 vs. the industry median of 1.52, Wesdome Gold Mines has consistently been above the industry average. 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. Wesdome Gold Mines's current Cyclically Adjusted PB Ratio of 11.61 is 666.3% 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 Wesdome Gold Mines 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. Wesdome Gold Mines's current Cyclically Adjusted PB Ratio is 11.61, which is 91% above median its own 10-year median of 6.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wesdome Gold Mines stock overvalued right now?
Based on GuruFocus' analysis, Wesdome Gold Mines (FRA:RKVA) is currently considered Fairly Valued. The stock's GF Value™ is €19.71, compared to a current price of €20.09 — trading 1.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 11.61, which is 91% above median its 10-year median of 6.09 and 666.3% above the Metals & Mining industry median of 1.52. Wesdome Gold Mines' overall GF Score™ is 99/100 with 3 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 Wesdome Gold Mines (FRA:RKVA), the current Cyclically Adjusted PB Ratio is 11.61 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.

Is Wesdome Gold Mines (FRA:RKVA) Overvalued in 2026?

Based on GuruFocus' analysis, Wesdome Gold Mines stock appears to be overvalued. The current stock price of €20.09 is trading 1.9% above its estimated GF Value™ of €19.71. GuruFocus considers Wesdome Gold Mines to be Fairly Valued.

Key valuation signals for FRA:RKVA:

  • Cyclically Adjusted PB Ratio: 11.61 (91% above median its 10-year median of 6.09)
  • GF Value™: €19.71 vs. price of €20.09 (1.9% above fair value)
  • GF Score™: 99/100 with 3 warning signs
  • Industry Position: 666.3% above the Metals & Mining median (#1394 of 1520)

No single metric tells the full story. See the FRA:RKVA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wesdome Gold Mines Business Description

Address 220 Bay Street, Suite 1200, Toronto, ON, CAN, M5J 2W4
Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground, Kiena Complex, and Mishi Open Pit gold mines. The activities of the group function through Canada and it derives revenue from the sale of gold and silver bullion. The company operates in one segment which is the gold mining and related activities industry including exploration, extraction, processing and decommissioning.
99GF Score

Get the complete analysis for FRA:RKVA

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

€20.09
Price
€19.71
GF Value