Wesdome Gold Mines (TSX:WDO) Cyclically Adjusted PB Ratio: 9.68 (As of Jul. 27, 2026) — 61% Above Median

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TSX:WDO Wesdome Gold Mines Ltd TSX:WDO
99 GF Score
Price C$26.14
GF Value C$31.82
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Wesdome Gold Mines Cyclically Adjusted PB Ratio?

Wesdome Gold Mines TSX:WDO +1.20% 99 Cyclically Adjusted PB Ratio is 9.68 as of Jul. 27, 2026, which is 61% above its 10-year median of 6.03. GuruFocus rates TSX:WDO with a GF Score™ of 99/100 and a GF Value™ of C$31.82 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,538 Metals & Mining companies, Wesdome Gold Mines ranks worse than 91.09% on this metric.

As of today (2026-07-27), Wesdome Gold Mines's current share price is C$26.14. Wesdome Gold Mines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$2.70. Wesdome Gold Mines's Cyclically Adjusted PB Ratio for today is 9.68.

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

TSX:WDO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.48   Med: 6.03   Max: 12.55
Current: 9.7

During the past years, Wesdome Gold Mines's highest Cyclically Adjusted PB Ratio was 12.55. The lowest was 1.48. And the median was 6.03.

TSX:WDO's Cyclically Adjusted PB Ratio is ranked worse than
91.09% of 1538 companies
in the Metals & Mining industry
Industry Median: 1.415 vs TSX:WDO: 9.70

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.

Wesdome Gold Mines's adjusted book value per share data for the three months ended in Mar. 2026 was C$6.871. 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$2.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wesdome Gold Mines  (TSX:WDO) 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.


Wesdome Gold Mines Cyclically Adjusted PB Ratio Related Terms


Wesdome Gold Mines Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wesdome Gold 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.

Wesdome Gold Mines Cyclically Adjusted PB Ratio Chart

Wesdome Gold Mines 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 8.59 4.80 4.30 6.29 9.04

Wesdome Gold Mines 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 7.93 8.37 9.09 9.04 9.21

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

For the Gold subindustry, Wesdome Gold 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.


Wesdome Gold Mines Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSX:WDO
99GF Score
Wesdome Gold Mines Ltd TSX:WDO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Wesdome Gold 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.14/2.70
=9.68

* 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.

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

For example, Wesdome Gold Mines'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)
=6.871/132.2623*132.2623
=6.871

Current CPI (Mar. 2026) = 132.2623.

Wesdome Gold Mines Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.897 102.002 1.163
201609 0.954 101.765 1.240
201612 0.978 101.449 1.275
201703 1.001 102.634 1.290
201706 1.027 103.029 1.318
201709 1.033 103.345 1.322
201712 1.032 103.345 1.321
201803 1.059 105.004 1.334
201806 1.109 105.557 1.390
201809 1.141 105.636 1.429
201812 1.164 105.399 1.461
201903 1.235 106.979 1.527
201906 1.305 107.690 1.603
201909 1.402 107.611 1.723
201912 1.496 107.769 1.836
202003 1.583 107.927 1.940
202006 1.711 108.401 2.088
202009 1.822 108.164 2.228
202012 1.840 108.559 2.242
202103 1.937 110.298 2.323
202106 2.575 111.720 3.048
202109 2.685 112.905 3.145
202112 2.790 113.774 3.243
202203 2.848 117.646 3.202
202206 2.749 120.806 3.010
202209 2.725 120.648 2.987
202212 2.766 120.964 3.024
202303 2.849 122.702 3.071
202306 2.870 124.203 3.056
202309 2.849 125.230 3.009
202312 2.868 125.072 3.033
202403 2.957 126.258 3.098
202406 3.155 127.522 3.272
202409 3.426 127.285 3.560
202412 3.808 127.364 3.954
202503 4.239 129.181 4.340
202506 4.873 129.892 4.962
202509 5.500 130.287 5.583
202512 6.231 130.366 6.322
202603 6.871 132.262 6.871

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 9.68 mean?
Wesdome Gold Mines (TSX:WDO) has a Cyclically Adjusted PB Ratio of 9.68 as of Jul. 27, 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 Wesdome Gold Mines and its competitors. This is 61% above median its historical median of 6.03. Over the past decade, Wesdome Gold Mines' Cyclically Adjusted PB Ratio has ranged from 1.48 to 12.55. According to the industry distribution chart, Wesdome Gold Mines ranks #1401 out of 1538 companies in the Metals & Mining industry, placing it in the top 91.1%.
Is Wesdome Gold Mines' Cyclically Adjusted PB Ratio too high?
Wesdome Gold Mines' current Cyclically Adjusted PB Ratio of 9.68 is 61% above median its 10-year median of 6.03. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 12.55. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.42. Wesdome Gold Mines' value of 9.68 is 584.1% above this industry median. Based on the distribution chart, Wesdome Gold Mines ranks #1401 out of 1538 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Wesdome Gold Mines has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wesdome Gold Mines' Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Wesdome Gold Mines ranks #1401 out of 1538 companies for Cyclically Adjusted PB Ratio. This places Wesdome Gold Mines in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.42. Wesdome Gold Mines' value of 9.68 is 584.1% above this benchmark. Historically, Wesdome Gold Mines' own Cyclically Adjusted PB Ratio has ranged from 1.48 to 12.55 over the past decade. While the company's 10-year median is 6.03 vs. the industry median of 1.42, Wesdome Gold Mines 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 1.42, based on 1,538 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. Wesdome Gold Mines's current Cyclically Adjusted PB Ratio of 9.68 is 584.1% 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 Wesdome Gold Mines and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wesdome Gold Mines's current Cyclically Adjusted PB Ratio is 9.68, which is 61% above median its own 10-year median of 6.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wesdome Gold Mines stock overvalued right now?
Based on GuruFocus' analysis, Wesdome Gold Mines (TSX:WDO) is currently considered Modestly Undervalued. The stock's GF Value™ is C$31.82, compared to a current price of C$26.14 — trading 17.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 9.68, which is 61% above median its 10-year median of 6.03 and 584.1% above the Metals & Mining industry median of 1.42. Wesdome Gold Mines' overall GF Score™ is 99/100 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 Wesdome Gold Mines (TSX:WDO), the current Cyclically Adjusted PB Ratio is 9.68 as of Jul. 27, 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 Wesdome Gold Mines (TSX:WDO) Overvalued in 2026?

Based on GuruFocus' analysis, Wesdome Gold Mines stock appears to be undervalued. The current stock price of C$26.14 is trading 17.9% below its estimated GF Value™ of C$31.82. GuruFocus considers Wesdome Gold Mines to be Modestly Undervalued.

Key valuation signals for TSX:WDO:

  • Cyclically Adjusted PB Ratio: 9.68 (61% above median its 10-year median of 6.03)
  • GF Value™: C$31.82 vs. price of C$26.14 (17.9% below fair value)
  • GF Score™: 99/100 with 1 warning sign
  • Industry Position: 584.1% above the Metals & Mining median (#1401 of 1538)

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


Wesdome Gold Mines Business Description

Address 220 Bay Street, Suite 1200, Toronto, ON, CAN, M5J 2W4
Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground, Kiena Complex, and Mishi Open Pit gold mines. The activities of the group function through Canada and it derives revenue from the sale of gold and silver bullion. The company operates in one segment which is the gold mining and related activities industry including exploration, extraction, processing and decommissioning.
99GF Score

Get the complete analysis for TSX:WDO

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

C$26.14
Price
C$31.82
GF Value