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Shandong Gold Mining CoSDGMF 83 Cyclically Adjusted PB Ratio is 10.35 as of Aug. 14, 2026, which is 105% above its 10-year median of 5.04. GuruFocus rates SDGMF with a GF Score™ of 83/100 and a GF Value™ of $4.43 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,524 Metals & Mining companies, Shandong Gold Mining Co ranks worse than 75.66% on this metric.
The historical rank and industry rank for Shandong Gold Mining Co's Cyclically Adjusted PB Ratio or its related term are showing as below:
SDGMF'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.38 Med: 5.04 Max: 10.62
Current: 4.42
During the past years, Shandong Gold Mining Co's highest Cyclically Adjusted PB Ratio was 10.62. The lowest was 3.38. And the median was 5.04.
SDGMF's Cyclically Adjusted PB Ratio is ranked worse than 75.66% of 1524
companies
in the Metals & Mining industry
Industry Median: 1.535
vs SDGMF: 4.42
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.
Shandong Gold Mining Co's adjusted book value per share data for the three months ended in Mar. 2026 was $1.447. 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 $0.26 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Shandong Gold Mining Co (OTCPK:SDGMF) 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.
Shandong Gold Mining Co Cyclically Adjusted PB Ratio Related Terms
Shandong Gold Mining Co Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Shandong Gold Mining Co'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.
Shandong Gold Mining Co Cyclically Adjusted PB Ratio Chart
SDGMF vs NEM, AU, RGLD: Cyclically Adjusted PB Ratio Comparison
For the Gold subindustry, Shandong Gold Mining Co'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.
Shandong Gold Mining Co Cyclically Adjusted PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Shandong Gold Mining Co's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Shandong Gold Mining Co's Cyclically Adjusted PB Ratio falls into.
Shandong Gold Mining Co 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.
* 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.
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 10.35 mean?
Shandong Gold Mining Co (SDGMF) has a Cyclically Adjusted PB Ratio of 10.35 as of Aug. 14, 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 Shandong Gold Mining Co and its competitors. This is 105% above median its historical median of 5.04. Over the past decade, Shandong Gold Mining Co's Cyclically Adjusted PB Ratio has ranged from 3.38 to 10.62. According to the industry distribution chart, Shandong Gold Mining Co ranks #1153 out of 1524 companies in the Metals & Mining industry, placing it in the top 75.7%.
Is Shandong Gold Mining Co's Cyclically Adjusted PB Ratio too high?
Shandong Gold Mining Co's current Cyclically Adjusted PB Ratio of 10.35 is 105% above median its 10-year median of 5.04. Over the past 10 years, this metric has ranged from a low of 3.38 to a high of 10.62. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.54. Shandong Gold Mining Co's value of 10.35 is 574.3% above this industry median. Based on the distribution chart, Shandong Gold Mining Co ranks #1153 out of 1524 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Shandong Gold Mining Co has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shandong Gold Mining Co's Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Shandong Gold Mining Co ranks #1153 out of 1524 companies for Cyclically Adjusted PB Ratio. This places Shandong Gold Mining Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. Shandong Gold Mining Co's value of 10.35 is 574.3% above this benchmark. Historically, Shandong Gold Mining Co's own Cyclically Adjusted PB Ratio has ranged from 3.38 to 10.62 over the past decade. While the company's 10-year median is 5.04 vs. the industry median of 1.54, Shandong Gold Mining Co 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 1.54, based on 1,524 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. Shandong Gold Mining Co's current Cyclically Adjusted PB Ratio of 10.35 is 574.3% 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 Shandong Gold Mining Co and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Gold Mining Co's current Cyclically Adjusted PB Ratio is 10.35, which is 105% above median its own 10-year median of 5.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Gold Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Gold Mining Co (SDGMF) is currently considered Possible Value Trap. The stock's GF Value™ is $4.43, compared to a current price of $2.69 — trading 39.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.35, which is 105% above median its 10-year median of 5.04 and 574.3% above the Metals & Mining industry median of 1.54. Shandong Gold Mining Co's overall GF Score™ is 83/100 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 Shandong Gold Mining Co (SDGMF), the current Cyclically Adjusted PB Ratio is 10.35 as of Aug. 14, 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 Shandong Gold Mining Co (SDGMF) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Gold Mining Co stock appears to be undervalued.
The current stock price of $2.69 is trading 39.3% below its estimated GF Value™ of $4.43.
GuruFocus considers Shandong Gold Mining Co to be Possible Value Trap.
Key valuation signals for SDGMF:
Cyclically Adjusted PB Ratio: 10.35 (105% above median its 10-year median of 5.04)
GF Value™: $4.43 vs. price of $2.69 (39.3% below fair value)
Industry Position: 574.3% above the Metals & Mining median (#1153 of 1524)
No single metric tells the full story. See the SDGMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Gold Mining Co Ltd is a China-based company mainly engaged in the exploration, mining, beneficiation, and sales of gold and non-ferrous metals. Additionally, it is involved in the production, processing, and sales of specialized equipment for gold mines and construction and decoration materials. The company's main products include standard gold bullions, investment gold bars, alloy gold, and silver ingots. Its portfolio of gold mines comprises Sanshandao Gold Mine, Jiaojia Gold Mine, Xincheng Gold Mine, Veladero Gold Mine, and Qinghai Dachaidan Mining, among others. The company's reporting segments are: Gold, which derives maximum revenue, Silver metal, Copper metal, Iron ore concentrates, Lead metal, Zinc metal, Purchased gold, Small gold bars, and Others.
83GF Score
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