SKE (Skeena Resources) Cyclically Adjusted PB Ratio: 25.10 (As of Jul. 26, 2026)

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SKE Skeena Resources Ltd SKE
32 GF Score
Price $27.11
! 2 Warning Signs
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What is Skeena Resources Cyclically Adjusted PB Ratio?

Skeena Resources SKE +0.78% 32 Cyclically Adjusted PB Ratio is 25.10 as of Jul. 26, 2026. GuruFocus rates SKE with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 1,540 Metals & Mining companies, Skeena Resources ranks worse than 97.73% on this metric.

As of today (2026-07-26), Skeena Resources's current share price is $27.11. Skeena Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.08. Skeena Resources's Cyclically Adjusted PB Ratio for today is 25.10.

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

SKE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 25.5
Current: 25.5

During the past years, Skeena Resources's highest Cyclically Adjusted PB Ratio was 25.50. The lowest was 0.00. And the median was 0.00.

SKE's Cyclically Adjusted PB Ratio is ranked worse than
97.73% of 1540 companies
in the Metals & Mining industry
Industry Median: 1.41 vs SKE: 25.50

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 $1.080. 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 $1.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Skeena Resources  (NYSE:SKE) 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.


SKE
32GF Score
Skeena Resources Ltd SKE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=27.11/1.08
=25.10

* 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)
=1.08/132.2623*132.2623
=1.080

Current CPI (Mar. 2026) = 132.2623.

Skeena Resources Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.256 102.002 1.629
201609 1.223 101.765 1.590
201612 1.136 101.449 1.481
201703 1.067 102.634 1.375
201706 1.052 103.029 1.350
201709 0.980 103.345 1.254
201712 0.900 103.345 1.152
201803 0.955 105.004 1.203
201806 0.781 105.557 0.979
201809 0.684 105.636 0.856
201812 0.565 105.399 0.709
201903 0.523 106.979 0.647
201906 0.497 107.690 0.610
201909 0.368 107.611 0.452
201912 0.262 107.769 0.322
202003 0.335 107.927 0.411
202006 0.659 108.401 0.804
202009 0.376 108.164 0.460
202012 1.570 108.559 1.913
202103 1.399 110.298 1.678
202106 1.874 111.720 2.219
202109 1.568 112.905 1.837
202112 1.476 113.774 1.716
202203 1.600 117.646 1.799
202206 1.423 120.806 1.558
202209 1.323 120.648 1.450
202212 1.301 120.964 1.423
202303 1.161 122.702 1.251
202306 1.514 124.203 1.612
202309 1.174 125.230 1.240
202312 1.028 125.072 1.087
202403 0.830 126.258 0.869
202406 1.167 127.522 1.210
202409 0.622 127.285 0.646
202412 0.591 127.364 0.614
202503 0.825 129.181 0.845
202506 0.717 129.892 0.730
202509 0.535 130.287 0.543
202512 0.951 130.366 0.965
202603 1.080 132.262 1.080

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 25.10 mean?
Skeena Resources (SKE) has a Cyclically Adjusted PB Ratio of 25.10 as of Jul. 26, 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 #1505 out of 1540 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 25.10. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.41. Skeena Resources' value of 25.10 is 1680.1% above this industry median. Based on the distribution chart, Skeena Resources ranks #1505 out of 1540 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Skeena Resources has a GF Score™ of 32/100, 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 #1505 out of 1540 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 1.41. Skeena Resources' value of 25.10 is 1680.1% 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 1.41, based on 1,540 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 25.10 is 1680.1% 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 1.41 — 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 25.10. 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 (SKE) has a current Cyclically Adjusted PB Ratio of 25.10. The current Cyclically Adjusted PB Ratio is 25.10 and 1680.1% above the Metals & Mining industry median of 1.41. Skeena Resources' overall GF Score™ is 32/100 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 (SKE), the current Cyclically Adjusted PB Ratio is 25.10 as of Jul. 26, 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

Other Exchanges RXF:GermanySKE:Canada
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.
32GF Score

Get the complete analysis for SKE

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

$27.11
Price