Sotkamo Silver AB (NGM:SOSI) Cyclically Adjusted PB Ratio: 2.25 (As of Jul. 17, 2026) — 449% Above Median

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Director of Data and Quant Analytics at GuruFocus
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NGM:SOSI Sotkamo Silver AB NGM:SOSI
62 GF Score
Price kr3.91
GF Value kr1.50
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Sotkamo Silver AB Cyclically Adjusted PB Ratio?

Sotkamo Silver AB NGM:SOSI -3.93% 62 Cyclically Adjusted PB Ratio is 2.25 as of Jul. 17, 2026, which is 449% above its 10-year median of 0.41. GuruFocus rates NGM:SOSI with a GF Score™ of 62/100 and a GF Value™ of kr1.50 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,547 Metals & Mining companies, Sotkamo Silver AB ranks worse than 59.92% on this metric.

As of today (2026-07-17), Sotkamo Silver AB's current share price is kr3.91. Sotkamo Silver AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr1.74. Sotkamo Silver AB's Cyclically Adjusted PB Ratio for today is 2.25.

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

NGM:SOSI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.41   Max: 3.23
Current: 2.24

During the past years, Sotkamo Silver AB's highest Cyclically Adjusted PB Ratio was 3.23. The lowest was 0.09. And the median was 0.41.

NGM:SOSI's Cyclically Adjusted PB Ratio is ranked worse than
59.92% of 1547 companies
in the Metals & Mining industry
Industry Median: 1.42 vs NGM:SOSI: 2.24

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.

Sotkamo Silver AB's adjusted book value per share data for the three months ended in Mar. 2026 was kr1.048. 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 kr1.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sotkamo Silver AB  (NGM:SOSI) 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.


Sotkamo Silver AB Cyclically Adjusted PB Ratio Related Terms


Sotkamo Silver AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sotkamo Silver AB'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.

Sotkamo Silver AB Cyclically Adjusted PB Ratio Chart

Sotkamo Silver AB 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 0.33 0.09 0.23 0.35 1.08

Sotkamo Silver AB 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 0.48 0.41 0.51 1.08 2.16

NGM:SOSI vs EXK: Cyclically Adjusted PB Ratio Comparison

For the Silver subindustry, Sotkamo Silver AB'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.


Sotkamo Silver AB Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Sotkamo Silver AB's Cyclically Adjusted PB Ratio falls into.


NGM:SOSI
62GF Score
Sotkamo Silver AB NGM:SOSI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sotkamo Silver AB 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.

Sotkamo Silver AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.91/1.74
=2.25

* 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.

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

For example, Sotkamo Silver AB'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)
=1.048/133.5600*133.5600
=1.048

Current CPI (Mar. 2026) = 133.5600.

Sotkamo Silver AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.417 101.019 5.840
201609 2.126 101.138 2.808
201612 2.107 102.022 2.758
201703 2.050 102.022 2.684
201706 2.032 102.752 2.641
201709 2.076 103.279 2.685
201712 2.080 103.793 2.677
201803 2.360 103.962 3.032
201806 2.091 104.875 2.663
201809 1.992 105.679 2.518
201812 1.751 105.912 2.208
201903 1.676 105.886 2.114
201906 1.493 106.742 1.868
201909 1.457 107.214 1.815
201912 1.223 107.766 1.516
202003 1.250 106.563 1.567
202006 1.017 107.498 1.264
202009 1.170 107.635 1.452
202012 1.001 108.296 1.235
202103 1.081 108.360 1.332
202106 1.105 108.928 1.355
202109 1.055 110.338 1.277
202112 1.055 112.486 1.253
202203 1.101 114.825 1.281
202206 1.118 118.384 1.261
202209 1.031 122.296 1.126
202212 1.032 126.365 1.091
202303 0.893 127.042 0.939
202306 1.012 129.407 1.044
202309 1.017 130.224 1.043
202312 1.037 131.912 1.050
202403 1.030 132.205 1.041
202406 0.899 132.716 0.905
202409 1.008 132.304 1.018
202412 1.008 132.987 1.012
202503 0.820 132.825 0.825
202506 0.777 133.699 0.776
202509 0.790 133.480 0.790
202512 0.756 133.390 0.757
202603 1.048 133.560 1.048

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 2.25 mean?
Sotkamo Silver AB (NGM:SOSI) has a Cyclically Adjusted PB Ratio of 2.25 as of Jul. 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 Sotkamo Silver AB and its competitors. This is 449% above median its historical median of 0.41. Over the past decade, Sotkamo Silver AB's Cyclically Adjusted PB Ratio has ranged from 0.09 to 3.23. According to the industry distribution chart, Sotkamo Silver AB ranks #927 out of 1547 companies in the Metals & Mining industry, placing it in the top 59.9%.
Is Sotkamo Silver AB's Cyclically Adjusted PB Ratio too high?
Sotkamo Silver AB's current Cyclically Adjusted PB Ratio of 2.25 is 449% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 3.23. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.42. Sotkamo Silver AB's value of 2.25 is 58.5% above this industry median. Based on the distribution chart, Sotkamo Silver AB ranks #927 out of 1547 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Sotkamo Silver AB has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sotkamo Silver AB's Cyclically Adjusted PB Ratio compare to EXK?
According to the Metals & Mining industry distribution chart, Sotkamo Silver AB ranks #927 out of 1547 companies for Cyclically Adjusted PB Ratio. This places Sotkamo Silver AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.42. Sotkamo Silver AB's value of 2.25 is 58.5% above this benchmark. Historically, Sotkamo Silver AB's own Cyclically Adjusted PB Ratio has ranged from 0.09 to 3.23 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 1.42, Sotkamo Silver AB 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 1.42, based on 1,547 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. Sotkamo Silver AB's current Cyclically Adjusted PB Ratio of 2.25 is 58.5% 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 Sotkamo Silver AB 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. Sotkamo Silver AB's current Cyclically Adjusted PB Ratio is 2.25, which is 449% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sotkamo Silver AB stock overvalued right now?
Based on GuruFocus' analysis, Sotkamo Silver AB (NGM:SOSI) is currently considered Significantly Overvalued. The stock's GF Value™ is kr1.50, compared to a current price of kr3.91 — trading 160.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.25, which is 449% above median its 10-year median of 0.41 and 58.5% above the Metals & Mining industry median of 1.42. Sotkamo Silver AB's overall GF Score™ is 62/100 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 Sotkamo Silver AB (NGM:SOSI), the current Cyclically Adjusted PB Ratio is 2.25 as of Jul. 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 Sotkamo Silver AB (NGM:SOSI) Overvalued in 2026?

Based on GuruFocus' analysis, Sotkamo Silver AB stock appears to be overvalued. The current stock price of kr3.91 is trading 160.7% above its estimated GF Value™ of kr1.50. GuruFocus considers Sotkamo Silver AB to be Significantly Overvalued.

Key valuation signals for NGM:SOSI:

  • Cyclically Adjusted PB Ratio: 2.25 (449% above median its 10-year median of 0.41)
  • GF Value™: kr1.50 vs. price of kr3.91 (160.7% above fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 58.5% above the Metals & Mining median (#927 of 1547)

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


Sotkamo Silver AB Business Description

Address Nybrogatan 34, Box 5216, Stockholm, SWE, 102 45
Sotkamo Silver AB is a mining and ore prospecting company engaged in the exploration, development, and production of silver and other metals. The company develops and utilizes mineral deposits mainly in the Kainuu region in Finland, with its main project being the Sotkamo (Taivaljarvi) silver mine. In addition to silver, the company produces gold, zinc, and lead, and sells metal concentrates to customers.
62GF Score

Get the complete analysis for NGM:SOSI

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

kr3.91
Price
kr1.50
GF Value