Trekor Metals (LSE:TKO) Cyclically Adjusted PB Ratio: 7.65 (As of Aug. 22, 2026) — 636% Above Median

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LSE:TKO Trekor Metals Ltd LSE:TKO
72 GF Score
Price £6.50
GF Value £2.61
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Trekor Metals Cyclically Adjusted PB Ratio?

Trekor Metals LSE:TKO +3.17% 72 Cyclically Adjusted PB Ratio is 7.65 as of Aug. 22, 2026, which is 636% above its 10-year median of 1.04. GuruFocus rates LSE:TKO with a GF Score™ of 72/100 and a GF Value™ of £2.61 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,516 Metals & Mining companies, Trekor Metals ranks worse than 85.29% on this metric.

As of today (2026-08-22), Trekor Metals's current share price is £6.50. Trekor Metals's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was £0.85. Trekor Metals's Cyclically Adjusted PB Ratio for today is 7.65.

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

LSE:TKO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 1.04   Max: 7.44
Current: 7.43

During the past years, Trekor Metals's highest Cyclically Adjusted PB Ratio was 7.44. The lowest was 0.15. And the median was 1.04.

LSE:TKO's Cyclically Adjusted PB Ratio is ranked worse than
85.29% of 1516 companies
in the Metals & Mining industry
Industry Median: 1.51 vs LSE:TKO: 7.43

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.

Trekor Metals's adjusted book value per share data for the three months ended in Jun. 2026 was £1.251. 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 £0.85 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trekor Metals  (LSE:TKO) 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.


Trekor Metals Cyclically Adjusted PB Ratio Related Terms


Trekor Metals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Trekor Metals'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.

Trekor Metals Cyclically Adjusted PB Ratio Chart

Trekor Metals 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 1.37 1.08 1.07 1.69 4.71

Trekor Metals 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 2.59 3.58 4.71 5.37 5.75

LSE:TKO vs SCCO, FCX: Cyclically Adjusted PB Ratio Comparison

For the Copper subindustry, Trekor Metals'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.


Trekor Metals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


LSE:TKO
72GF Score
Trekor Metals Ltd LSE:TKO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trekor Metals 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.

Trekor Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.50/0.85
=7.65

* 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.

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

For example, Trekor Metals'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)
=1.251/133.5265*133.5265
=1.251

Current CPI (Jun. 2026) = 133.5265.

Trekor Metals Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.866 101.765 1.136
201612 0.917 101.449 1.207
201703 0.965 102.634 1.255
201706 0.940 103.029 1.218
201709 1.017 103.345 1.314
201712 0.945 103.345 1.221
201803 0.857 105.004 1.090
201806 0.879 105.557 1.112
201809 0.913 105.636 1.154
201812 0.893 105.399 1.131
201903 0.808 106.979 1.009
201906 0.812 107.690 1.007
201909 0.780 107.611 0.968
201912 0.710 107.769 0.880
202003 0.634 107.927 0.784
202006 0.689 108.401 0.849
202009 0.678 108.164 0.837
202012 0.653 108.559 0.803
202103 0.619 110.298 0.749
202106 0.653 111.720 0.780
202109 0.700 112.905 0.828
202112 0.739 113.774 0.867
202203 0.758 117.646 0.860
202206 0.806 120.806 0.891
202209 0.832 120.648 0.921
202212 0.752 120.964 0.830
202303 0.753 122.702 0.819
202306 0.751 124.203 0.807
202309 0.776 125.230 0.827
202312 0.882 125.072 0.942
202403 0.930 126.258 0.984
202406 0.905 127.522 0.948
202409 0.895 127.285 0.939
202412 0.917 127.364 0.961
202503 0.867 129.181 0.896
202506 0.954 129.892 0.981
202509 0.922 130.287 0.945
202512 1.168 130.366 1.196
202603 1.223 132.262 1.235
202606 1.251 133.527 1.251

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 7.65 mean?
Trekor Metals (LSE:TKO) has a Cyclically Adjusted PB Ratio of 7.65 as of Aug. 22, 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 Trekor Metals and its competitors. This is 636% above median its historical median of 1.04. Over the past decade, Trekor Metals' Cyclically Adjusted PB Ratio has ranged from 0.15 to 7.44. According to the industry distribution chart, Trekor Metals ranks #1293 out of 1516 companies in the Metals & Mining industry, placing it in the top 85.3%.
Is Trekor Metals' Cyclically Adjusted PB Ratio too high?
Trekor Metals' current Cyclically Adjusted PB Ratio of 7.65 is 636% above median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 7.44. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.51. Trekor Metals' value of 7.65 is 406.6% above this industry median. Based on the distribution chart, Trekor Metals ranks #1293 out of 1516 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Trekor Metals has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trekor Metals' Cyclically Adjusted PB Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Trekor Metals ranks #1293 out of 1516 companies for Cyclically Adjusted PB Ratio. This places Trekor Metals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Trekor Metals' value of 7.65 is 406.6% above this benchmark. Historically, Trekor Metals' own Cyclically Adjusted PB Ratio has ranged from 0.15 to 7.44 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.51, Trekor Metals 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 1.51, based on 1,516 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. Trekor Metals's current Cyclically Adjusted PB Ratio of 7.65 is 406.6% 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 Trekor Metals and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trekor Metals's current Cyclically Adjusted PB Ratio is 7.65, which is 636% above median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trekor Metals stock overvalued right now?
Based on GuruFocus' analysis, Trekor Metals (LSE:TKO) is currently considered Significantly Overvalued. The stock's GF Value™ is £2.61, compared to a current price of £6.50 — trading 149% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.65, which is 636% above median its 10-year median of 1.04 and 406.6% above the Metals & Mining industry median of 1.51. Trekor Metals' overall GF Score™ is 72/100 with 9 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 Trekor Metals (LSE:TKO), the current Cyclically Adjusted PB Ratio is 7.65 as of Aug. 22, 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 Trekor Metals (LSE:TKO) Overvalued in 2026?

Based on GuruFocus' analysis, Trekor Metals stock appears to be overvalued. The current stock price of £6.50 is trading 149% above its estimated GF Value™ of £2.61. GuruFocus considers Trekor Metals to be Significantly Overvalued.

Key valuation signals for LSE:TKO:

  • Cyclically Adjusted PB Ratio: 7.65 (636% above median its 10-year median of 1.04)
  • GF Value™: £2.61 vs. price of £6.50 (149% above fair value)
  • GF Score™: 72/100 with 9 warning signs
  • Industry Position: 406.6% above the Metals & Mining median (#1293 of 1516)

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


Trekor Metals Business Description

Address 1040 West Georgia Street, 12th Floor, Suite 1200, Vancouver, BC, CAN, V6E 4H1
Taseko Mines Ltd is a copper-focused mining company engaged in acquiring, developing, and operating large tonnage mineral deposits in stable jurisdictions that are capable of supporting a mine. Its principal assets are the wholly-owned Gibraltar mine (Gibraltar), which is located in central British Columbia (BC), and the Florence Copper mine, located in Arizona. Taseko also owns the Yellowhead copper, New Prosperity copper-gold, and Aley niobium projects in British Columbia, Canada.
72GF Score

Get the complete analysis for LSE:TKO

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

£6.50
Price
£2.61
GF Value