Endeavour Mining (TSX:EDV) Cyclically Adjusted PB Ratio: (As of Jul. 30, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:EDV Endeavour Mining PLC TSX:EDV
89 GF Score
Price C$65.78
GF Value C$71.01
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Endeavour Mining Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Endeavour Mining  (TSX:EDV) 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.


Endeavour Mining Cyclically Adjusted PB Ratio Related Terms


Endeavour Mining Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Endeavour 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.

Endeavour Mining Cyclically Adjusted PB Ratio Chart

Endeavour 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 1.59 1.65 1.69 1.38 3.65

Endeavour Mining Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.12 2.95 3.65 4.17 0.00

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

For the Gold subindustry, Endeavour 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.


Endeavour Mining Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSX:EDV
89GF Score
Endeavour Mining PLC TSX:EDV
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Endeavour 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.

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

For example, Endeavour Mining's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=19.219/142.1000*142.1000
=19.219

Current CPI (Jun. 2026) = 142.1000.

Endeavour Mining Quarterly Data

Book Value per Share CPI Adj_Book
201609 13.612 101.500 19.057
201612 12.962 102.200 18.023
201703 12.923 102.700 17.881
201706 12.827 103.500 17.611
201709 12.228 104.300 16.660
201712 11.695 105.000 15.827
201803 12.020 105.100 16.252
201806 12.049 105.900 16.168
201809 11.813 106.600 15.747
201812 10.666 107.100 14.152
201903 10.332 107.000 13.721
201906 10.327 107.900 13.600
201909 9.955 108.400 13.050
201912 8.600 108.500 11.263
202003 9.375 108.600 12.267
202006 6.080 108.800 7.941
202009 16.453 109.200 21.410
202012 16.169 109.400 21.002
202103 19.944 109.700 25.834
202106 19.775 111.400 25.225
202109 20.672 112.400 26.134
202112 20.332 114.700 25.189
202203 19.504 116.500 23.790
202206 20.710 120.500 24.422
202209 21.328 122.300 24.781
202212 20.275 125.300 22.993
202303 19.823 126.800 22.215
202306 18.674 129.400 20.507
202309 18.801 130.100 20.535
202312 17.701 130.500 19.274
202403 17.129 131.600 18.496
202406 16.973 133.000 18.134
202409 16.247 133.500 17.294
202412 15.835 135.100 16.655
202503 16.902 136.100 17.647
202506 16.630 138.400 17.075
202509 17.779 138.900 18.189
202512 17.391 139.900 17.664
202603 19.035 140.800 19.211
202606 19.219 142.100 19.219

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.

Is Endeavour Mining (TSX:EDV) Overvalued in 2026?

Based on GuruFocus' analysis, Endeavour Mining stock appears to be undervalued. The current stock price of C$65.78 is trading 7.4% below its estimated GF Value™ of C$71.01. GuruFocus considers Endeavour Mining to be Fairly Valued.

Key valuation signals for TSX:EDV:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: C$71.01 vs. price of C$65.78 (7.4% below fair value)
  • GF Score™: 89/100 with 1 warning sign

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


Endeavour Mining Business Description

Address 5 Young Street, London, GBR, W8 5EH
Endeavour Mining PLC is a gold producer in West Africa. The Group operates in four principal countries, Burkina Faso (Hounde, and Mana mines), Cote d'Ivoire (Ity mine, Lafigue project), Senegal (Sabodala-Massawa mine) and Mali (Kalana Project). It derives maximum revenue from Ity Mine.
89GF Score

Get the complete analysis for TSX:EDV

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

C$65.78
Price
C$71.01
GF Value