Belo Sun Mining (TSX:BSX) Cyclically Adjusted PB Ratio: 8.25 (As of Aug. 04, 2026)

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TSX:BSX Belo Sun Mining Corp TSX:BSX
32 GF Score
Price C$0.99
! 1 Warning Sign
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What is Belo Sun Mining Cyclically Adjusted PB Ratio?

Belo Sun Mining TSX:BSX -4.81% 32 Cyclically Adjusted PB Ratio is 8.25 as of Aug. 04, 2026. GuruFocus rates TSX:BSX with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 1,535 Metals & Mining companies, Belo Sun Mining ranks worse than 88.47% on this metric.

As of today (2026-08-04), Belo Sun Mining's current share price is C$0.99. Belo Sun Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.12. Belo Sun Mining's Cyclically Adjusted PB Ratio for today is 8.25.

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

TSX:BSX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 7.44
Current: 7.44

During the past years, Belo Sun Mining's highest Cyclically Adjusted PB Ratio was 7.44. The lowest was 0.00. And the median was 0.00.

TSX:BSX's Cyclically Adjusted PB Ratio is ranked worse than
88.47% of 1535 companies
in the Metals & Mining industry
Industry Median: 1.4 vs TSX:BSX: 7.44

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.

Belo Sun Mining's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.093. 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 C$0.12 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Belo Sun Mining  (TSX:BSX) 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.


Belo Sun Mining Cyclically Adjusted PB Ratio Related Terms


Belo Sun Mining Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Belo Sun 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.

Belo Sun Mining Cyclically Adjusted PB Ratio Chart

Belo Sun 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 4.89 0.69 0.42 0.70 4.43

Belo Sun 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 1.46 2.52 2.41 4.43 10.35

TSX:BSX vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Belo Sun 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.


Belo Sun Mining Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSX:BSX
32GF Score
Belo Sun Mining Corp TSX:BSX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Belo Sun 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.99/0.12
=8.25

* 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.

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

For example, Belo Sun 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)
=0.093/132.2623*132.2623
=0.093

Current CPI (Mar. 2026) = 132.2623.

Belo Sun Mining Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.055 102.002 0.071
201609 0.189 101.765 0.246
201612 0.184 101.449 0.240
201703 0.166 102.634 0.214
201706 0.164 103.029 0.211
201709 0.158 103.345 0.202
201712 0.158 103.345 0.202
201803 0.155 105.004 0.195
201806 0.150 105.557 0.188
201809 0.146 105.636 0.183
201812 0.143 105.399 0.179
201903 0.138 106.979 0.171
201906 0.132 107.690 0.162
201909 0.128 107.611 0.157
201912 0.122 107.769 0.150
202003 0.123 107.927 0.151
202006 0.120 108.401 0.146
202009 0.116 108.164 0.142
202012 0.112 108.559 0.136
202103 0.109 110.298 0.131
202106 0.104 111.720 0.123
202109 0.101 112.905 0.118
202112 0.102 113.774 0.119
202203 0.099 117.646 0.111
202206 0.097 120.806 0.106
202209 0.081 120.648 0.089
202212 0.077 120.964 0.084
202303 0.075 122.702 0.081
202306 0.072 124.203 0.077
202309 0.070 125.230 0.074
202312 0.055 125.072 0.058
202403 0.053 126.258 0.056
202406 0.047 127.522 0.049
202409 0.044 127.285 0.046
202412 0.043 127.364 0.045
202503 0.041 129.181 0.042
202506 0.036 129.892 0.037
202509 0.034 130.287 0.035
202512 0.030 130.366 0.030
202603 0.093 132.262 0.093

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 8.25 mean?
Belo Sun Mining (TSX:BSX) has a Cyclically Adjusted PB Ratio of 8.25 as of Aug. 04, 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 Belo Sun Mining and its competitors. According to the industry distribution chart, Belo Sun Mining ranks #1358 out of 1535 companies in the Metals & Mining industry, placing it in the top 88.5%.
Is Belo Sun Mining's Cyclically Adjusted PB Ratio too high?
Belo Sun Mining's current Cyclically Adjusted PB Ratio is 8.25. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. Belo Sun Mining's value of 8.25 is 489.3% above this industry median. Based on the distribution chart, Belo Sun Mining ranks #1358 out of 1535 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Belo Sun Mining has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Belo Sun Mining's Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Belo Sun Mining ranks #1358 out of 1535 companies for Cyclically Adjusted PB Ratio. This places Belo Sun Mining in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.40. Belo Sun Mining's value of 8.25 is 489.3% 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 1.40, based on 1,535 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. Belo Sun Mining's current Cyclically Adjusted PB Ratio of 8.25 is 489.3% 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 Belo Sun Mining and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Belo Sun Mining's current Cyclically Adjusted PB Ratio is 8.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belo Sun Mining stock overvalued right now?
Belo Sun Mining (TSX:BSX) has a current Cyclically Adjusted PB Ratio of 8.25. The current Cyclically Adjusted PB Ratio is 8.25 and 489.3% above the Metals & Mining industry median of 1.40. Belo Sun Mining's overall GF Score™ is 32/100 with 1 warning sign 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 Belo Sun Mining (TSX:BSX), the current Cyclically Adjusted PB Ratio is 8.25 as of Aug. 04, 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.

Belo Sun Mining Business Description

Other Exchanges BSXGF:USAVE7:Germany
Address 198 Davenport Road, Toronto, ON, CAN, M5R 1J2
Belo Sun Mining Corp is a Canada-based gold exploration and development company. It operates in Canada where its head office is located and in Brazil where its exploration and development properties are located. It owns and operates the Volta Grande Gold Project.
32GF 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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