Solitario Resources (TSX:SLR) Cyclically Adjusted PB Ratio: 1.56 (As of Jul. 19, 2026) — 11% Above Median

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TSX:SLR Solitario Resources Corp TSX:SLR
26 GF Score
Price C$1.03
! 1 Warning Sign
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What is Solitario Resources Cyclically Adjusted PB Ratio?

Solitario Resources TSX:SLR -3.74% 26 Cyclically Adjusted PB Ratio is 1.56 as of Jul. 19, 2026, which is 11% above its 10-year median of 1.41. GuruFocus rates TSX:SLR with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 1,545 Metals & Mining companies, Solitario Resources ranks worse than 52.75% on this metric.

As of today (2026-07-19), Solitario Resources's current share price is C$1.03. Solitario Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.66. Solitario Resources's Cyclically Adjusted PB Ratio for today is 1.56.

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

TSX:SLR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.41   Max: 2.61
Current: 1.59

During the past years, Solitario Resources's highest Cyclically Adjusted PB Ratio was 2.61. The lowest was 0.46. And the median was 1.41.

TSX:SLR's Cyclically Adjusted PB Ratio is ranked worse than
52.75% of 1545 companies
in the Metals & Mining industry
Industry Median: 1.39 vs TSX:SLR: 1.59

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.

Solitario Resources's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.377. 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$0.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Solitario Resources  (TSX:SLR) 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.


Solitario Resources Cyclically Adjusted PB Ratio Related Terms


Solitario Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Solitario Resources'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.

Solitario Resources Cyclically Adjusted PB Ratio Chart

Solitario Resources 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 1.22 1.42 1.22 1.26 1.48

Solitario Resources 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 1.25 1.34 1.45 1.48 1.74

TSX:SLR vs TMRC, WWR, RNGE: Cyclically Adjusted PB Ratio Comparison

For the Other Industrial Metals & Mining subindustry, Solitario Resources'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.


Solitario Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSX:SLR
26GF Score
Solitario Resources Corp TSX:SLR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Solitario Resources 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.

Solitario Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.03/0.66
=1.56

* 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.

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

For example, Solitario Resources'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)
=0.377/330.2130*330.2130
=0.377

Current CPI (Mar. 2026) = 330.2130.

Solitario Resources Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.581 241.018 0.796
201609 0.586 241.428 0.802
201612 0.603 241.432 0.825
201703 0.601 243.801 0.814
201706 0.587 244.955 0.791
201709 0.649 246.819 0.868
201712 0.658 246.524 0.881
201803 0.645 249.554 0.853
201806 0.651 251.989 0.853
201809 0.631 252.439 0.825
201812 0.626 251.233 0.823
201903 0.615 254.202 0.799
201906 0.590 256.143 0.761
201909 0.556 256.759 0.715
201912 0.547 256.974 0.703
202003 0.567 258.115 0.725
202006 0.559 257.797 0.716
202009 0.547 260.280 0.694
202012 0.518 260.474 0.657
202103 0.499 264.877 0.622
202106 0.470 271.696 0.571
202109 0.474 274.310 0.571
202112 0.478 278.802 0.566
202203 0.483 287.504 0.555
202206 0.456 296.311 0.508
202209 0.458 296.808 0.510
202212 0.454 296.797 0.505
202303 0.450 301.836 0.492
202306 0.417 305.109 0.451
202309 0.423 307.789 0.454
202312 0.437 306.746 0.470
202403 0.430 312.332 0.455
202406 0.439 314.175 0.461
202409 0.398 315.301 0.417
202412 0.393 315.605 0.411
202503 0.388 319.799 0.401
202506 0.395 322.561 0.404
202509 0.378 324.800 0.384
202512 0.374 324.054 0.381
202603 0.377 330.213 0.377

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 1.56 mean?
Solitario Resources (TSX:SLR) has a Cyclically Adjusted PB Ratio of 1.56 as of Jul. 19, 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 Solitario Resources and its competitors. This is 11% above median its historical median of 1.41. Over the past decade, Solitario Resources' Cyclically Adjusted PB Ratio has ranged from 0.46 to 2.61. According to the industry distribution chart, Solitario Resources ranks #815 out of 1545 companies in the Metals & Mining industry, placing it in the top 52.8%.
Is Solitario Resources' Cyclically Adjusted PB Ratio too high?
Solitario Resources' current Cyclically Adjusted PB Ratio of 1.56 is 11% above median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 2.61. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.39. Solitario Resources' value of 1.56 is 12.2% above this industry median. Based on the distribution chart, Solitario Resources ranks #815 out of 1545 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Solitario Resources has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Solitario Resources' Cyclically Adjusted PB Ratio compare to TMRC and WWR?
According to the Metals & Mining industry distribution chart, Solitario Resources ranks #815 out of 1545 companies for Cyclically Adjusted PB Ratio. This places Solitario Resources in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.39. Solitario Resources' value of 1.56 is 12.2% above this benchmark. Historically, Solitario Resources' own Cyclically Adjusted PB Ratio has ranged from 0.46 to 2.61 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 1.39, Solitario Resources 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 1.39, based on 1,545 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. Solitario Resources's current Cyclically Adjusted PB Ratio of 1.56 is 12.2% 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 Solitario Resources and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solitario Resources's current Cyclically Adjusted PB Ratio is 1.56, which is 11% above median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solitario Resources stock overvalued right now?
Solitario Resources (TSX:SLR) has a current Cyclically Adjusted PB Ratio of 1.56. The current Cyclically Adjusted PB Ratio is 1.56, which is 11% above median its 10-year median of 1.41 and 12.2% above the Metals & Mining industry median of 1.39. Solitario Resources' overall GF Score™ is 26/100 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 Solitario Resources (TSX:SLR), the current Cyclically Adjusted PB Ratio is 1.56 as of Jul. 19, 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.

Solitario Resources Business Description

Other Exchanges XPL:USA
Address 4251 Kipling Street, Suite 410, Wheat Ridge, CO, USA, 80033
Solitario Resources Corp is an exploration company engaging in acquiring, exploring, and developing zinc properties and other precious metals in safe jurisdictions in North and South America. Its core mineral property assets are: the Florida Canyon zinc project in Peru, the Lik zinc project in Alaska, and the Golden Crest project in South Dakota. Additionally, Solitario holds an interest in the Chambara project in Peru and also has two early-stage projects, the Cat Creek project and the Bright Angel project in Colorado. The company is conducting mineral exploration on its Golden Crest project, the Cat Creek project, and the Bright Angel project on its own.
26GF 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.

C$1.03
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