SSRM (SSR Mining) Cyclically Adjusted PB Ratio: 2.13 (As of Jul. 03, 2026) — 53% Above Median


SSRM SSR Mining Inc SSRM
71 GF Score
Price $30.62
GF Value $20.78
Valuation Significantly Overvalued
! 6 Warning Signs
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What is SSR Mining Cyclically Adjusted PB Ratio?

SSR Mining SSRM +6.25% 71 Cyclically Adjusted PB Ratio is 2.13 as of Jul. 03, 2026, which is 53% above its 10-year median of 1.39. GuruFocus rates SSRM with a GF Score™ of 71/100 and a GF Value™ of $20.78 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,550 Metals & Mining companies, SSR Mining ranks worse than 58.9% on this metric.

As of today (2026-07-03), SSR Mining's current share price is $30.62. SSR Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $14.40. SSR Mining's Cyclically Adjusted PB Ratio for today is 2.13.

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

SSRM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 1.39   Max: 2.75
Current: 2.17

During the past years, SSR Mining's highest Cyclically Adjusted PB Ratio was 2.75. The lowest was 0.33. And the median was 1.39.

SSRM's Cyclically Adjusted PB Ratio is ranked worse than
58.9% of 1550 companies
in the Metals & Mining industry
Industry Median: 1.51 vs SSRM: 2.17

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.

SSR Mining's adjusted book value per share data for the three months ended in Mar. 2026 was $16.770. 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 $14.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SSR Mining  (NAS:SSRM) 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.


SSR Mining Cyclically Adjusted PB Ratio Related Terms


SSR Mining Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SSR Mining'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.

SSR Mining Cyclically Adjusted PB Ratio Chart

SSR Mining 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 1.64 1.39 0.86 0.57 1.56

SSR Mining 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 0.79 0.93 1.78 1.56 2.04

SSRM vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, SSR Mining'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.


SSR Mining Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


SSRM
71GF Score
SSR Mining Inc SSRM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SSR Mining 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.

SSR Mining's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.62/14.40
=2.13

* 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.

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

For example, SSR Mining'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)
=16.77/330.2130*330.2130
=16.770

Current CPI (Mar. 2026) = 330.2130.

SSR Mining Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.492 241.018 10.265
201609 7.707 241.428 10.541
201612 7.553 241.432 10.330
201703 7.983 243.801 10.812
201706 8.155 244.955 10.993
201709 8.078 246.819 10.807
201712 8.352 246.524 11.187
201803 8.017 249.554 10.608
201806 8.062 251.989 10.565
201809 8.103 252.439 10.599
201812 8.068 251.233 10.604
201903 8.480 254.202 11.016
201906 8.606 256.143 11.095
201909 8.940 256.759 11.498
201912 9.213 256.974 11.839
202003 9.234 258.115 11.813
202006 9.380 257.797 12.015
202009 15.192 260.280 19.274
202012 15.186 260.474 19.252
202103 15.826 264.877 19.730
202106 15.988 271.696 19.431
202109 16.178 274.310 19.475
202112 16.698 278.802 19.777
202203 16.907 287.504 19.419
202206 17.106 296.311 19.063
202209 16.937 296.808 18.843
202212 17.322 296.797 19.272
202303 17.394 301.836 19.029
202306 17.725 305.109 19.183
202309 17.733 307.789 19.025
202312 16.620 306.746 17.891
202403 15.235 312.332 16.107
202406 15.281 314.175 16.061
202409 15.339 315.301 16.064
202412 15.353 315.605 16.064
202503 15.642 319.799 16.151
202506 16.076 322.561 16.457
202509 16.407 324.800 16.680
202512 17.280 324.054 17.608
202603 16.770 330.213 16.770

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 2.13 mean?
SSR Mining (SSRM) has a Cyclically Adjusted PB Ratio of 2.13 as of Jul. 03, 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 SSR Mining and its competitors. This is 53% above median its historical median of 1.39. Over the past decade, SSR Mining's Cyclically Adjusted PB Ratio has ranged from 0.33 to 2.75. According to the industry distribution chart, SSR Mining ranks #913 out of 1550 companies in the Metals & Mining industry, placing it in the top 58.9%.
Is SSR Mining's Cyclically Adjusted PB Ratio too high?
SSR Mining's current Cyclically Adjusted PB Ratio of 2.13 is 53% above median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 2.75. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.51. SSR Mining's value of 2.13 is 41.1% above this industry median. Based on the distribution chart, SSR Mining ranks #913 out of 1550 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, SSR Mining has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSR Mining's Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, SSR Mining ranks #913 out of 1550 companies for Cyclically Adjusted PB Ratio. This places SSR Mining in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. SSR Mining's value of 2.13 is 41.1% above this benchmark. Historically, SSR Mining's own Cyclically Adjusted PB Ratio has ranged from 0.33 to 2.75 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.51, SSR Mining 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 1,550 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. SSR Mining's current Cyclically Adjusted PB Ratio of 2.13 is 41.1% 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 SSR Mining 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. SSR Mining's current Cyclically Adjusted PB Ratio is 2.13, which is 53% above median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSR Mining stock overvalued right now?
Based on GuruFocus' analysis, SSR Mining (SSRM) is currently considered Significantly Overvalued. The stock's GF Value™ is $20.78, compared to a current price of $30.62 — trading 47.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.13, which is 53% above median its 10-year median of 1.39 and 41.1% above the Metals & Mining industry median of 1.51. SSR Mining's overall GF Score™ is 71/100 with 6 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 SSR Mining (SSRM), the current Cyclically Adjusted PB Ratio is 2.13 as of Jul. 03, 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 SSR Mining (SSRM) Overvalued in 2026?

Based on GuruFocus' analysis, SSR Mining stock appears to be overvalued. The current stock price of $30.62 is trading 47.4% above its estimated GF Value™ of $20.78. GuruFocus considers SSR Mining to be Significantly Overvalued.

Key valuation signals for SSRM:

  • Cyclically Adjusted PB Ratio: 2.13 (53% above median its 10-year median of 1.39)
  • GF Value™: $20.78 vs. price of $30.62 (47.4% above fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 41.1% above the Metals & Mining median (#913 of 1550)

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


SSR Mining Business Description

Address 6900 E. Layton Avenue, Suite 1300, Denver, CO, USA, 80237
SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard's revenue is attributable to the production of gold, with a key portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Puna mine in Argentina. The majority of gold production is derived from the Marigold mine, and Silver Standard's silver production is principally derived from the Puna mine.
71GF Score

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

$30.62
Price
$20.78
GF Value