Starcore International Mines (TSX:SAM) Cyclically Adjusted PB Ratio: 0.47 (As of Aug. 04, 2026) — 161% Above Median

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TSX:SAM Starcore International Mines Ltd TSX:SAM
43 GF Score
Price C$0.44
GF Value C$0.17
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Starcore International Mines Cyclically Adjusted PB Ratio?

Starcore International Mines TSX:SAM +7.41% 43 Cyclically Adjusted PB Ratio is 0.47 as of Aug. 04, 2026, which is 161% above its 10-year median of 0.18. GuruFocus rates TSX:SAM with a GF Score™ of 43/100 and a GF Value™ of C$0.17 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,535 Metals & Mining companies, Starcore International Mines ranks better than 75.96% on this metric.

As of today (2026-08-04), Starcore International Mines's current share price is C$0.435. Starcore International Mines's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was C$0.93. Starcore International Mines's Cyclically Adjusted PB Ratio for today is 0.47.

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

TSX:SAM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.18   Max: 1.35
Current: 0.44

During the past years, Starcore International Mines's highest Cyclically Adjusted PB Ratio was 1.35. The lowest was 0.04. And the median was 0.18.

TSX:SAM's Cyclically Adjusted PB Ratio is ranked better than
75.96% of 1535 companies
in the Metals & Mining industry
Industry Median: 1.4 vs TSX:SAM: 0.44

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.

Starcore International Mines's adjusted book value per share data for the three months ended in Apr. 2026 was C$0.569. 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$0.93 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Starcore International Mines  (TSX:SAM) 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.


Starcore International Mines Cyclically Adjusted PB Ratio Related Terms


Starcore International Mines Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Starcore International Mines'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.

Starcore International Mines Cyclically Adjusted PB Ratio Chart

Starcore International Mines Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.15 0.13 0.26 0.75

Starcore International Mines Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.26 0.31 0.52 1.27 0.75

Starcore International Mines Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Starcore International Mines'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.


Starcore International Mines Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Starcore International Mines's Cyclically Adjusted PB Ratio falls into.


TSX:SAM
43GF Score
Starcore International Mines Ltd TSX:SAM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Starcore International Mines 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.

Starcore International Mines's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.435/0.93
=0.47

* 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.

Starcore International Mines's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Starcore International Mines's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.569/132.7364*132.7364
=0.569

Current CPI (Apr. 2026) = 132.7364.

Starcore International Mines Quarterly Data

Book Value per Share CPI Adj_Book
201607 1.207 101.844 1.573
201610 1.172 102.002 1.525
201701 1.091 102.318 1.415
201704 1.321 103.029 1.702
201707 1.212 103.029 1.561
201710 1.198 103.424 1.538
201801 1.056 104.056 1.347
201804 0.988 105.320 1.245
201807 0.992 106.110 1.241
201810 0.829 105.952 1.039
201901 0.806 105.557 1.014
201904 0.786 107.453 0.971
201907 0.763 108.243 0.936
201910 0.742 107.927 0.913
202001 0.745 108.085 0.915
202004 0.751 107.216 0.930
202007 0.760 108.401 0.931
202010 0.786 108.638 0.960
202101 0.772 109.192 0.938
202104 0.731 110.851 0.875
202107 0.751 112.431 0.887
202110 0.747 113.695 0.872
202201 0.754 114.801 0.872
202204 0.807 118.357 0.905
202207 0.731 120.964 0.802
202210 0.741 121.517 0.809
202301 0.690 121.596 0.753
202304 0.697 123.571 0.749
202307 0.641 124.914 0.681
202310 0.493 125.310 0.522
202401 0.494 125.072 0.524
202404 0.562 126.890 0.588
202407 0.551 128.075 0.571
202410 0.582 127.838 0.604
202501 0.605 127.443 0.630
202504 0.611 129.102 0.628
202507 0.622 130.290 0.634
202510 0.523 130.603 0.532
202601 0.524 130.366 0.534
202604 0.569 132.736 0.569

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 0.47 mean?
Starcore International Mines (TSX:SAM) has a Cyclically Adjusted PB Ratio of 0.47 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 Starcore International Mines and its competitors. This is 161% above median its historical median of 0.18. Over the past decade, Starcore International Mines' Cyclically Adjusted PB Ratio has ranged from 0.04 to 1.35. According to the industry distribution chart, Starcore International Mines ranks #369 out of 1535 companies in the Metals & Mining industry, placing it in the top 24%.
Is Starcore International Mines' Cyclically Adjusted PB Ratio too high?
Starcore International Mines' current Cyclically Adjusted PB Ratio of 0.47 is 161% above median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 1.35. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. Starcore International Mines' value of 0.47 is 66.4% below this industry median. Based on the distribution chart, Starcore International Mines ranks #369 out of 1535 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Starcore International Mines has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Starcore International Mines' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Starcore International Mines ranks #369 out of 1535 companies for Cyclically Adjusted PB Ratio. This places Starcore International Mines in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.40. Starcore International Mines' value of 0.47 is 66.4% below this benchmark. Historically, Starcore International Mines' own Cyclically Adjusted PB Ratio has ranged from 0.04 to 1.35 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 1.40, Starcore International Mines has consistently been below 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 1.40, 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. Starcore International Mines's current Cyclically Adjusted PB Ratio of 0.47 is 66.4% below 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 Starcore International Mines 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. Starcore International Mines's current Cyclically Adjusted PB Ratio is 0.47, which is 161% above median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starcore International Mines stock overvalued right now?
Based on GuruFocus' analysis, Starcore International Mines (TSX:SAM) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.17, compared to a current price of C$0.44 — trading 155.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.47, which is 161% above median its 10-year median of 0.18 and 66.4% below the Metals & Mining industry median of 1.40. Starcore International Mines' overall GF Score™ is 43/100 with 2 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 Starcore International Mines (TSX:SAM), the current Cyclically Adjusted PB Ratio is 0.47 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.

Is Starcore International Mines (TSX:SAM) Overvalued in 2026?

Based on GuruFocus' analysis, Starcore International Mines stock appears to be overvalued. The current stock price of C$0.44 is trading 155.9% above its estimated GF Value™ of C$0.17. GuruFocus considers Starcore International Mines to be Significantly Overvalued.

Key valuation signals for TSX:SAM:

  • Cyclically Adjusted PB Ratio: 0.47 (161% above median its 10-year median of 0.18)
  • GF Value™: C$0.17 vs. price of C$0.44 (155.9% above fair value)
  • GF Score™: 43/100 with 2 warning signs
  • Industry Position: 66.4% below the Metals & Mining median (#369 of 1535)

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


Starcore International Mines Business Description

Other Exchanges SHVLF:USAV4JA:Germany
Address 580 Hornby Street, Suite 750, Vancouver, BC, CAN, V6C 3B6
Starcore International Mines Ltd is in the business of exploration, development, and production of minerals. It has got products in various stages The San Martin being the primary source of operating cash flows. In Mexico, the business holds an interest in the silver and gold processing plant. Some of its projects include San Martin, El Creston, and Toiyabe among others. The majority of the organization's revenue comes from Bernal, Mexico. The Company is also engaged in acquiring mining related operating assets and exploration assets in North America and West Africa directly and through corporate acquisitions.
43GF Score

Get the complete analysis for TSX:SAM

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

C$0.44
Price
C$0.17
GF Value