Guanajuato Silver Co (STU:E35B) Cyclically Adjusted PB Ratio: 8.90 (As of Aug. 21, 2026) — 84% Above Median

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STU:E35B Guanajuato Silver Co Ltd STU:E35B
38 GF Score
Price €0.36
GF Value €0.14
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Guanajuato Silver Co Cyclically Adjusted PB Ratio?

Guanajuato Silver Co STU:E35B +7.72% 38 Cyclically Adjusted PB Ratio is 8.90 as of Aug. 21, 2026, which is 84% above its 10-year median of 4.83. GuruFocus rates STU:E35B with a GF Score™ of 38/100 and a GF Value™ of €0.14 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,516 Metals & Mining companies, Guanajuato Silver Co ranks worse than 88.72% on this metric.

As of today (2026-08-21), Guanajuato Silver Co's current share price is €0.356. Guanajuato Silver Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.04. Guanajuato Silver Co's Cyclically Adjusted PB Ratio for today is 8.90.

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

STU:E35B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 4.83   Max: 17.33
Current: 8.59

During the past years, Guanajuato Silver Co's highest Cyclically Adjusted PB Ratio was 17.33. The lowest was 0.85. And the median was 4.83.

STU:E35B's Cyclically Adjusted PB Ratio is ranked worse than
88.72% of 1516 companies
in the Metals & Mining industry
Industry Median: 1.51 vs STU:E35B: 8.59

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.

Guanajuato Silver Co's adjusted book value per share data for the three months ended in Mar. 2026 was €0.074. 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 €0.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guanajuato Silver Co  (STU:E35B) 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.


Guanajuato Silver Co Cyclically Adjusted PB Ratio Related Terms


Guanajuato Silver Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Guanajuato Silver 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.

Guanajuato Silver Co Cyclically Adjusted PB Ratio Chart

Guanajuato Silver Co 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 0.99 3.01 5.01 4.27 11.81

Guanajuato Silver Co 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 3.99 5.46 10.38 11.81 9.52

STU:E35B vs EXK: Cyclically Adjusted PB Ratio Comparison

For the Silver subindustry, Guanajuato Silver 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.


Guanajuato Silver Co Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


STU:E35B
38GF Score
Guanajuato Silver Co Ltd STU:E35B
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guanajuato Silver 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.

Guanajuato Silver Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.356/0.04
=8.90

* 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.

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

For example, Guanajuato Silver Co'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)
=0.074/132.2623*132.2623
=0.074

Current CPI (Mar. 2026) = 132.2623.

Guanajuato Silver Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.076 102.002 -0.099
201609 -0.077 101.765 -0.100
201612 -0.090 101.449 -0.117
201703 0.021 102.634 0.027
201706 0.038 103.029 0.049
201709 0.035 103.345 0.045
201712 0.036 103.345 0.046
201803 0.032 105.004 0.040
201806 0.027 105.557 0.034
201809 0.024 105.636 0.030
201812 0.024 105.399 0.030
201903 0.024 106.979 0.030
201906 0.023 107.690 0.028
201909 0.021 107.611 0.026
201912 0.024 107.769 0.029
202003 0.020 107.927 0.025
202006 0.028 108.401 0.034
202009 0.040 108.164 0.049
202012 0.057 108.559 0.069
202103 0.093 110.298 0.112
202106 0.121 111.720 0.143
202109 0.111 112.905 0.130
202112 0.122 113.774 0.142
202203 0.108 117.646 0.121
202206 0.099 120.806 0.108
202209 0.121 120.648 0.133
202212 0.096 120.964 0.105
202303 0.073 122.702 0.079
202306 0.053 124.203 0.056
202309 0.047 125.230 0.050
202312 0.028 125.072 0.030
202403 0.011 126.258 0.012
202406 0.023 127.522 0.024
202409 0.016 127.285 0.017
202412 0.026 127.364 0.027
202503 0.021 129.181 0.022
202506 0.015 129.892 0.015
202509 0.028 130.287 0.028
202512 0.035 130.366 0.036
202603 0.074 132.262 0.074

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 8.90 mean?
Guanajuato Silver Co (STU:E35B) has a Cyclically Adjusted PB Ratio of 8.90 as of Aug. 21, 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 Guanajuato Silver Co and its competitors. This is 84% above median its historical median of 4.83. Over the past decade, Guanajuato Silver Co's Cyclically Adjusted PB Ratio has ranged from 0.85 to 17.33. According to the industry distribution chart, Guanajuato Silver Co ranks #1345 out of 1516 companies in the Metals & Mining industry, placing it in the top 88.7%.
Is Guanajuato Silver Co's Cyclically Adjusted PB Ratio too high?
Guanajuato Silver Co's current Cyclically Adjusted PB Ratio of 8.90 is 84% above median its 10-year median of 4.83. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 17.33. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.51. Guanajuato Silver Co's value of 8.90 is 489.4% above this industry median. Based on the distribution chart, Guanajuato Silver Co ranks #1345 out of 1516 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Guanajuato Silver Co has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guanajuato Silver Co's Cyclically Adjusted PB Ratio compare to EXK?
According to the Metals & Mining industry distribution chart, Guanajuato Silver Co ranks #1345 out of 1516 companies for Cyclically Adjusted PB Ratio. This places Guanajuato Silver Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Guanajuato Silver Co's value of 8.90 is 489.4% above this benchmark. Historically, Guanajuato Silver Co's own Cyclically Adjusted PB Ratio has ranged from 0.85 to 17.33 over the past decade. While the company's 10-year median is 4.83 vs. the industry median of 1.51, Guanajuato Silver 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 1.51, based on 1,516 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. Guanajuato Silver Co's current Cyclically Adjusted PB Ratio of 8.90 is 489.4% 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 Guanajuato Silver Co 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. Guanajuato Silver Co's current Cyclically Adjusted PB Ratio is 8.90, which is 84% above median its own 10-year median of 4.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guanajuato Silver Co stock overvalued right now?
Based on GuruFocus' analysis, Guanajuato Silver Co (STU:E35B) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.14, compared to a current price of €0.36 — trading 154.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.90, which is 84% above median its 10-year median of 4.83 and 489.4% above the Metals & Mining industry median of 1.51. Guanajuato Silver Co's overall GF Score™ is 38/100 with 4 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 Guanajuato Silver Co (STU:E35B), the current Cyclically Adjusted PB Ratio is 8.90 as of Aug. 21, 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 Guanajuato Silver Co (STU:E35B) Overvalued in 2026?

Based on GuruFocus' analysis, Guanajuato Silver Co stock appears to be overvalued. The current stock price of €0.36 is trading 154.3% above its estimated GF Value™ of €0.14. GuruFocus considers Guanajuato Silver Co to be Significantly Overvalued.

Key valuation signals for STU:E35B:

  • Cyclically Adjusted PB Ratio: 8.90 (84% above median its 10-year median of 4.83)
  • GF Value™: €0.14 vs. price of €0.36 (154.3% above fair value)
  • GF Score™: 38/100 with 4 warning signs
  • Industry Position: 489.4% above the Metals & Mining median (#1345 of 1516)

No single metric tells the full story. See the STU:E35B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guanajuato Silver Co Business Description

Other Exchanges GSVRF:USAGSVR:Canada
Address 999 Canada Place, Suite 578, Vancouver, BC, CAN, V6C 3E1
Guanajuato Silver Co Ltd is a precious metals producer engaged in reactivating past producing silver and gold mines near the city of Guanajuato, Mexico. The Company produces silver and gold at the El Cubo mine and mill (the El Cubo Mines Complex); the Valenciana Mines Complex, including the Cata processing plant; and the San Ignacio Mine, and produces silver, gold, zinc, and lead at the Topia mine in Mexico, and the Bolanitos gold-silver mine. The group has reportable operating segments in Mexico. The El Cubo Mines Complex, Valenciana Mines Complex, and San Ignacio Mine segments are located in the state of Guanajuato, Mexico. The Topia segment is located in the state of Durango, Mexico.
38GF Score

Get the complete analysis for STU:E35B

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

€0.36
Price
€0.14
GF Value