Soma Gold (TSXV:SOMA) Cyclically Adjusted PB Ratio: (As of Sep. 21, 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.

TSXV:SOMA Soma Gold Corp TSXV:SOMA
46 GF Score
Price C$0.68
GF Value C$0.61
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Soma Gold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Soma Gold  (TSXV:SOMA) 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.


Soma Gold Cyclically Adjusted PB Ratio Related Terms


Soma Gold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Soma Gold'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.

Soma Gold Cyclically Adjusted PB Ratio Chart

Soma Gold Annual Data
Trend Sep16 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 - - - - -

Soma Gold 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 4.81 4.72 4.66 5.27 2.02

TSXV:SOMA vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Soma Gold'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.


Soma Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:SOMA
46GF Score
Soma Gold Corp TSXV:SOMA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Soma Gold 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.

Soma Gold's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Soma Gold's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.379/130.3661*130.3661
=0.379

Current CPI (Dec25) = 130.3661.

Soma Gold Annual Data

Book Value per Share CPI Adj_Book
201609 0.889 101.765 1.139
201712 0.564 103.345 0.711
201812 0.911 105.399 1.127
201912 -0.308 107.769 -0.373
202012 -0.001 108.559 -0.001
202112 -0.023 113.774 -0.026
202212 0.030 120.964 0.032
202312 0.155 125.072 0.162
202412 0.173 127.364 0.177
202512 0.379 130.366 0.379

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 Soma Gold (TSXV:SOMA) Overvalued in 2026?

Based on GuruFocus' analysis, Soma Gold stock appears to be overvalued. The current stock price of C$0.68 is trading 11.5% above its estimated GF Value™ of C$0.61. GuruFocus considers Soma Gold to be Modestly Overvalued.

Key valuation signals for TSXV:SOMA:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: C$0.61 vs. price of C$0.68 (11.5% above fair value)
  • GF Score™: 46/100 with 5 warning signs

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


Soma Gold Business Description

Other Exchanges SMAGF:USA8PR1:Germany
Address No.1500 - 409 Granville Street, Vancouver, BC, CAN, V6C 1T2
Soma Gold Corp is engaged in the acquisition, exploration, and development of mineral properties. It operates El Bagre Gold Mining Complex. The El Bagre operations consist of a gold processing plant, the La Ye and Los Mangos operating underground gold mines, and the Cordero mine development project. The company produces dore which contains both gold and silver. The dore is further processed to produce refined metals. The company operates in segments: Colombia; Brazil; and Corporate and Others, of which it derives maximum revenue from Columbia.
46GF Score

Get the complete analysis for TSXV:SOMA

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

C$0.68
Price
C$0.61
GF Value