Skeena Resources (HAM:RXF) Cyclically Adjusted PB Ratio: 27.24 (As of Jul. 29, 2026)

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HAM:RXF Skeena Resources Ltd HAM:RXF
34 GF Score
Price €23.43
! 2 Warning Signs
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What is Skeena Resources Cyclically Adjusted PB Ratio?

Skeena Resources HAM:RXF +0.69% 34 Cyclically Adjusted PB Ratio is 27.24 as of Jul. 29, 2026. GuruFocus rates HAM:RXF with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 1,538 Metals & Mining companies, Skeena Resources ranks worse than 97.72% on this metric.

As of today (2026-07-29), Skeena Resources's current share price is €23.43. Skeena Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.86. Skeena Resources's Cyclically Adjusted PB Ratio for today is 27.24.

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

HAM:RXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 24.86
Current: 24.86

During the past years, Skeena Resources's highest Cyclically Adjusted PB Ratio was 24.86. The lowest was 0.00. And the median was 0.00.

HAM:RXF's Cyclically Adjusted PB Ratio is ranked worse than
97.72% of 1538 companies
in the Metals & Mining industry
Industry Median: 1.415 vs HAM:RXF: 24.86

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.

Skeena Resources's adjusted book value per share data for the three months ended in Mar. 2026 was €0.934. 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 €0.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Skeena Resources  (HAM:RXF) 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.


Skeena Resources Cyclically Adjusted PB Ratio Related Terms


Skeena Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Skeena Resources'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.

Skeena Resources Cyclically Adjusted PB Ratio Chart

Skeena Resources 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 9.76 5.71 4.64 8.16 22.04

Skeena Resources 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 9.51 14.44 17.24 22.04 27.64

Skeena Resources Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Skeena Resources'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.


Skeena Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Skeena Resources's Cyclically Adjusted PB Ratio falls into.


HAM:RXF
34GF Score
Skeena Resources Ltd HAM:RXF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Skeena Resources 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.

Skeena Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.43/0.86
=27.24

* 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.

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

For example, Skeena Resources'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)
=0.934/132.2623*132.2623
=0.934

Current CPI (Mar. 2026) = 132.2623.

Skeena Resources Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.118 102.002 1.450
201609 1.089 101.765 1.415
201612 1.077 101.449 1.404
201703 0.998 102.634 1.286
201706 0.936 103.029 1.202
201709 0.822 103.345 1.052
201712 0.761 103.345 0.974
201803 0.775 105.004 0.976
201806 0.669 105.557 0.838
201809 0.586 105.636 0.734
201812 0.497 105.399 0.624
201903 0.462 106.979 0.571
201906 0.439 107.690 0.539
201909 0.334 107.611 0.411
201912 0.235 107.769 0.288
202003 0.303 107.927 0.371
202006 0.585 108.401 0.714
202009 0.319 108.164 0.390
202012 1.290 108.559 1.572
202103 1.175 110.298 1.409
202106 1.556 111.720 1.842
202109 1.333 112.905 1.562
202112 1.306 113.774 1.518
202203 1.453 117.646 1.634
202206 1.347 120.806 1.475
202209 1.336 120.648 1.465
202212 1.228 120.964 1.343
202303 1.085 122.702 1.170
202306 1.397 124.203 1.488
202309 1.100 125.230 1.162
202312 0.943 125.072 0.997
202403 0.763 126.258 0.799
202406 1.084 127.522 1.124
202409 0.560 127.285 0.582
202412 0.564 127.364 0.586
202503 0.763 129.181 0.781
202506 0.622 129.892 0.633
202509 0.456 130.287 0.463
202512 0.812 130.366 0.824
202603 0.934 132.262 0.934

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 27.24 mean?
Skeena Resources (HAM:RXF) has a Cyclically Adjusted PB Ratio of 27.24 as of Jul. 29, 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 Skeena Resources and its competitors. According to the industry distribution chart, Skeena Resources ranks #1503 out of 1538 companies in the Metals & Mining industry, placing it in the top 97.7%.
Is Skeena Resources' Cyclically Adjusted PB Ratio too high?
Skeena Resources' current Cyclically Adjusted PB Ratio is 27.24. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.42. Skeena Resources' value of 27.24 is 1825.1% above this industry median. Based on the distribution chart, Skeena Resources ranks #1503 out of 1538 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Skeena Resources has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Skeena Resources' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Skeena Resources ranks #1503 out of 1538 companies for Cyclically Adjusted PB Ratio. This places Skeena Resources in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.42. Skeena Resources' value of 27.24 is 1825.1% 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 1.42, based on 1,538 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. Skeena Resources's current Cyclically Adjusted PB Ratio of 27.24 is 1825.1% 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 Skeena Resources and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skeena Resources's current Cyclically Adjusted PB Ratio is 27.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skeena Resources stock overvalued right now?
Skeena Resources (HAM:RXF) has a current Cyclically Adjusted PB Ratio of 27.24. The current Cyclically Adjusted PB Ratio is 27.24 and 1825.1% above the Metals & Mining industry median of 1.42. Skeena Resources' overall GF Score™ is 34/100 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 Skeena Resources (HAM:RXF), the current Cyclically Adjusted PB Ratio is 27.24 as of Jul. 29, 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.

Skeena Resources Business Description

Address 1133 Melville Street, Suite 2600, Vancouver, BC, CAN, V6E 4E5
Skeena Resources Ltd is a mining company in development stage focusing on the construction and development of the Eskay Creek project in British Columbia. Eskay Creek is the next global gold development project and represents one of the highest-grade and lowest-cost open-pit precious metals mines, with substantial silver by-product production.
34GF Score

Get the complete analysis for HAM:RXF

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

€23.43
Price