STLXF (Stellar AfricaGold) Cyclically Adjusted PB Ratio: (As of Jul. 19, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is Stellar AfricaGold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Stellar AfricaGold  (OTCPK:STLXF) 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.


Stellar AfricaGold Cyclically Adjusted PB Ratio Related Terms


Stellar AfricaGold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Stellar AfricaGold'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.

Stellar AfricaGold Cyclically Adjusted PB Ratio Chart

Stellar AfricaGold Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 1.72 3.05 0.00 0.00

Stellar AfricaGold Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 0.00 0.00 0.00 0.00 0.00

STLXF vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Stellar AfricaGold'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.


Stellar AfricaGold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Stellar AfricaGold 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.

Stellar AfricaGold's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 is calculated as:

For example, Stellar AfricaGold's adjusted Book Value per Share data for the three months ended in Jan. 2026 was:

Adj_Book=Book Value per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=0.042/130.3661*130.3661
=0.042

Current CPI (Jan. 2026) = 130.3661.

Stellar AfricaGold Quarterly Data

Book Value per Share CPI Adj_Book
201604 -0.230 101.370 -0.296
201607 -0.144 101.844 -0.184
201610 -0.098 102.002 -0.125
201701 -0.119 102.318 -0.152
201704 -0.103 103.029 -0.130
201707 -0.049 103.029 -0.062
201710 -0.082 103.424 -0.103
201801 -0.147 104.056 -0.184
201804 -0.181 105.320 -0.224
201807 -0.143 106.110 -0.176
201810 -0.177 105.952 -0.218
201901 -0.162 105.557 -0.200
201904 -0.181 107.453 -0.220
201907 -0.220 108.243 -0.265
201910 0.002 107.927 0.002
202001 -0.033 108.085 -0.040
202004 0.008 107.216 0.010
202007 0.125 108.401 0.150
202010 0.090 108.638 0.108
202101 0.088 109.192 0.105
202104 0.154 110.851 0.181
202107 0.160 112.431 0.186
202110 0.139 113.695 0.159
202201 0.092 114.801 0.104
202204 0.087 118.357 0.096
202207 0.078 120.964 0.084
202210 0.030 121.517 0.032
202301 0.029 121.596 0.031
202304 0.006 123.571 0.006
202307 -0.002 124.914 -0.002
202310 -0.014 125.310 -0.015
202401 -0.030 125.072 -0.031
202404 -0.024 126.890 -0.025
202407 -0.033 128.075 -0.034
202410 0.000 127.838 0.000
202501 -0.003 127.443 -0.003
202504 0.014 129.102 0.014
202507 0.009 130.290 0.009
202510 0.045 130.603 0.045
202601 0.042 130.366 0.042

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.


Stellar AfricaGold Business Description

Other Exchanges 6YP:GermanySPX:Canada
Address 4908 Pine Crescent, Vancouver, BC, CAN, V6M 3P6
Stellar AfricaGold Inc is a precious metal exploration company. Its principal exploration project is the gold discovery at the Tichka Est Gold Project in Morocco, a grouping of seven permits covering an area of 82 km2.