West Red Lake Gold Mines (FRA:UJ0) Cyclically Adjusted PB Ratio: 4.75 (As of Aug. 11, 2026) — 145% Above Median

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FRA:UJ0 West Red Lake Gold Mines Ltd FRA:UJ0
22 GF Score
Price €0.48
! 3 Warning Signs
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What is West Red Lake Gold Mines Cyclically Adjusted PB Ratio?

West Red Lake Gold Mines FRA:UJ0 +1.71% 22 Cyclically Adjusted PB Ratio is 4.75 as of Aug. 11, 2026, which is 145% above its 10-year median of 1.94. GuruFocus rates FRA:UJ0 with a GF Score™ of 22/100. The stock has 3 warning signs investors should review. Among 1,528 Metals & Mining companies, West Red Lake Gold Mines ranks worse than 77.36% on this metric.

As of today (2026-08-11), West Red Lake Gold Mines's current share price is €0.475. West Red Lake Gold Mines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.10. West Red Lake Gold Mines's Cyclically Adjusted PB Ratio for today is 4.75.

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

FRA:UJ0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.94   Max: 8.75
Current: 4.76

During the past years, West Red Lake Gold Mines's highest Cyclically Adjusted PB Ratio was 8.75. The lowest was 0.56. And the median was 1.94.

FRA:UJ0's Cyclically Adjusted PB Ratio is ranked worse than
77.36% of 1528 companies
in the Metals & Mining industry
Industry Median: 1.555 vs FRA:UJ0: 4.76

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.

West Red Lake Gold Mines's adjusted book value per share data for the three months ended in Mar. 2026 was €0.163. 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 €0.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


West Red Lake Gold Mines  (FRA:UJ0) 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.


West Red Lake Gold Mines Cyclically Adjusted PB Ratio Related Terms


West Red Lake Gold Mines Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for West Red Lake 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.

West Red Lake Gold Mines Cyclically Adjusted PB Ratio Chart

West Red Lake Gold Mines Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.03 3.69 4.77 4.95 6.60

West Red Lake Gold Mines Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 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 4.02 5.80 6.65 6.60 6.21

FRA:UJ0 vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, West Red Lake 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.


West Red Lake Gold Mines Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


FRA:UJ0
22GF Score
West Red Lake Gold Mines Ltd FRA:UJ0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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West Red Lake 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.

West Red Lake Gold Mines's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.475/0.10
=4.75

* 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.

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

For example, West Red Lake Gold Mines'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)
=0.163/132.2623*132.2623
=0.163

Current CPI (Mar. 2026) = 132.2623.

West Red Lake Gold Mines Quarterly Data

Book Value per Share CPI Adj_Book
201602 0.009 100.421 0.012
201605 0.007 101.765 0.009
201608 0.006 101.686 0.008
201611 0.005 101.607 0.007
201702 0.005 102.476 0.006
201705 -0.001 103.108 -0.001
201708 -0.025 103.108 -0.032
201711 -0.045 103.740 -0.057
201802 0.117 104.688 0.148
201805 0.116 105.399 0.146
201808 0.116 106.031 0.145
201811 0.113 105.478 0.142
201902 0.112 106.268 0.139
201905 0.110 107.927 0.135
201908 0.110 108.085 0.135
201911 0.110 107.769 0.135
202002 0.109 108.559 0.133
202005 0.102 107.532 0.125
202008 0.095 108.243 0.116
202011 0.094 108.796 0.114
202102 0.093 109.745 0.112
202105 0.095 111.404 0.113
202108 0.092 112.668 0.108
202111 0.093 113.932 0.108
202202 0.090 115.986 0.103
202205 0.094 120.016 0.104
202208 0.096 120.569 0.105
202211 0.088 121.675 0.096
202302 0.226 122.070 0.245
202305 0.197 124.045 0.210
202308 0.249 125.389 0.263
202311 0.207 125.468 0.218
202402 0.171 125.468 0.180
202405 0.179 127.601 0.186
202408 0.114 127.838 0.118
202503 0.073 129.181 0.075
202506 0.087 129.892 0.089
202509 0.133 130.287 0.135
202512 0.151 130.366 0.153
202603 0.163 132.262 0.163

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 4.75 mean?
West Red Lake Gold Mines (FRA:UJ0) has a Cyclically Adjusted PB Ratio of 4.75 as of Aug. 11, 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 West Red Lake Gold Mines and its competitors. This is 145% above median its historical median of 1.94. Over the past decade, West Red Lake Gold Mines' Cyclically Adjusted PB Ratio has ranged from 0.56 to 8.75. According to the industry distribution chart, West Red Lake Gold Mines ranks #1182 out of 1528 companies in the Metals & Mining industry, placing it in the top 77.4%.
Is West Red Lake Gold Mines' Cyclically Adjusted PB Ratio too high?
West Red Lake Gold Mines' current Cyclically Adjusted PB Ratio of 4.75 is 145% above median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 8.75. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.56. West Red Lake Gold Mines' value of 4.75 is 205.5% above this industry median. Based on the distribution chart, West Red Lake Gold Mines ranks #1182 out of 1528 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, West Red Lake Gold Mines has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does West Red Lake Gold Mines' Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, West Red Lake Gold Mines ranks #1182 out of 1528 companies for Cyclically Adjusted PB Ratio. This places West Red Lake Gold Mines in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. West Red Lake Gold Mines' value of 4.75 is 205.5% above this benchmark. Historically, West Red Lake Gold Mines' own Cyclically Adjusted PB Ratio has ranged from 0.56 to 8.75 over the past decade. While the company's 10-year median is 1.94 vs. the industry median of 1.56, West Red Lake 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 1.56, based on 1,528 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. West Red Lake Gold Mines's current Cyclically Adjusted PB Ratio of 4.75 is 205.5% 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 West Red Lake Gold Mines and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West Red Lake Gold Mines's current Cyclically Adjusted PB Ratio is 4.75, which is 145% above median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Red Lake Gold Mines stock overvalued right now?
West Red Lake Gold Mines (FRA:UJ0) has a current Cyclically Adjusted PB Ratio of 4.75. The current Cyclically Adjusted PB Ratio is 4.75, which is 145% above median its 10-year median of 1.94 and 205.5% above the Metals & Mining industry median of 1.56. West Red Lake Gold Mines' overall GF Score™ is 22/100 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 West Red Lake Gold Mines (FRA:UJ0), the current Cyclically Adjusted PB Ratio is 4.75 as of Aug. 11, 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.

West Red Lake Gold Mines Business Description

Address 595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1
West Red Lake Gold Mines Ltd operates in one reportable segment, being the acquisition, exploration, and development of gold properties. All of the Company's assets are located in Canada. Its projects include Madsen Mine and the Rowan Project.
22GF Score

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

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