Loncor Gold (STU:LO51) Cyclically Adjusted PB Ratio: 3.52 (As of Aug. 10, 2026)

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STU:LO51 Loncor Gold Inc STU:LO51
30 GF Score
Price €0.85
! 3 Warning Signs
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What is Loncor Gold Cyclically Adjusted PB Ratio?

Loncor Gold STU:LO51 30 Cyclically Adjusted PB Ratio is 3.52 as of Aug. 10, 2026. GuruFocus rates STU:LO51 with a GF Score™ of 30/100. The stock has 3 warning signs investors should review.

As of today (2026-08-10), Loncor Gold's current share price is €0.845. Loncor Gold's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 was €0.24. Loncor Gold's Cyclically Adjusted PB Ratio for today is 3.52.

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

STU:LO51' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.19
Current: 3.19

During the past years, Loncor Gold's highest Cyclically Adjusted PB Ratio was 3.19. The lowest was 0.00. And the median was 0.00.

STU:LO51's Cyclically Adjusted PB Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 1.545 vs STU:LO51: 3.19

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.

Loncor Gold's adjusted book value per share data for the three months ended in Sep. 2025 was €0.119. 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 €0.24 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Loncor Gold  (STU:LO51) 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.


Loncor Gold Cyclically Adjusted PB Ratio Related Terms


Loncor Gold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Loncor Gold'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.

Loncor Gold Cyclically Adjusted PB Ratio Chart

Loncor Gold Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.83 0.46 0.62 1.10

Loncor Gold Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.80 1.10 1.31 1.17 2.73

STU:LO51 vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Loncor Gold'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.


Loncor Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


STU:LO51
30GF Score
Loncor Gold Inc STU:LO51
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Loncor Gold 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.

Loncor Gold's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.845/0.24
=3.52

* 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.

Loncor Gold's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Loncor Gold's adjusted Book Value per Share data for the three months ended in Sep. 2025 was:

Adj_Book=Book Value per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=0.119/130.2871*130.2871
=0.119

Current CPI (Sep. 2025) = 130.2871.

Loncor Gold Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.572 99.947 0.746
201603 0.318 101.054 0.410
201606 0.311 102.002 0.397
201609 0.311 101.765 0.398
201612 0.330 101.449 0.424
201703 0.315 102.634 0.400
201706 0.299 103.029 0.378
201709 0.282 103.345 0.356
201712 0.286 103.345 0.361
201803 0.273 105.004 0.339
201806 0.262 105.557 0.323
201809 0.261 105.636 0.322
201812 0.265 105.399 0.328
201903 0.265 106.979 0.323
201906 0.263 107.690 0.318
201909 0.266 107.611 0.322
201912 0.258 107.769 0.312
202003 0.256 107.927 0.309
202006 0.247 108.401 0.297
202009 0.237 108.164 0.285
202012 0.226 108.559 0.271
202103 0.233 110.298 0.275
202106 0.229 111.720 0.267
202109 0.245 112.905 0.283
202112 0.251 113.774 0.287
202203 0.258 117.646 0.286
202206 0.270 120.806 0.291
202209 0.284 120.648 0.307
202212 0.263 120.964 0.283
202303 0.257 122.702 0.273
202306 0.250 124.203 0.262
202309 0.251 125.230 0.261
202312 0.129 125.072 0.134
202403 0.126 126.258 0.130
202406 0.123 127.522 0.126
202409 0.117 127.285 0.120
202412 0.113 127.364 0.116
202503 0.106 129.181 0.107
202506 0.125 129.892 0.125
202509 0.119 130.287 0.119

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 3.52 mean?
Loncor Gold (STU:LO51) has a Cyclically Adjusted PB Ratio of 3.52 as of Aug. 10, 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 Loncor Gold and its competitors.
Is Loncor Gold's Cyclically Adjusted PB Ratio too high?
Loncor Gold's current Cyclically Adjusted PB Ratio is 3.52. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.55. Loncor Gold's value of 3.52 is 127.8% above this industry median. Overall, Loncor Gold has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Loncor Gold's Cyclically Adjusted PB Ratio compare to NEM and AU?
Loncor Gold's Cyclically Adjusted PB Ratio of 3.52 can be compared against companies in the Metals & Mining industry. The industry median Cyclically Adjusted PB Ratio is 1.55. Loncor Gold's value of 3.52 is 127.8% 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 1.55, based on 1,528 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. Loncor Gold's current Cyclically Adjusted PB Ratio of 3.52 is 127.8% 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 Loncor Gold and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Loncor Gold's current Cyclically Adjusted PB Ratio is 3.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Loncor Gold stock overvalued right now?
Loncor Gold (STU:LO51) has a current Cyclically Adjusted PB Ratio of 3.52. The current Cyclically Adjusted PB Ratio is 3.52 and 127.8% above the Metals & Mining industry median of 1.55. Loncor Gold's overall GF Score™ is 30/100 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 Loncor Gold (STU:LO51), the current Cyclically Adjusted PB Ratio is 3.52 as of Aug. 10, 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.

Loncor Gold Business Description

Address 4120 Yonge Street, Suite 304, 1 First Canadian Place, Toronto, ON, CAN, M2P 2B8
Loncor Gold Inc is a Canadian gold exploration company focussed on the Ngayu Greenstone Gold Belt in the northeast of the Democratic Republic of the Congo. The Adumbi gold deposit is the focus of Loncor's activity and can be found within Loncor's 84.68% owned Imbo Project. The company has Africa's largest gold producer, the Barrick-managed Kibali Gold mine as a neighbour 130 miles away.
30GF 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.

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