Stakeholder Gold (TSXV:SRC) Cyclically Adjusted PB Ratio: (As of Sep. 20, 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:SRC Stakeholder Gold Corp TSXV:SRC
29 GF Score
Price C$1.80
GF Value C$0.78
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Stakeholder Gold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Stakeholder Gold  (TSXV:SRC) 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.


Stakeholder Gold Cyclically Adjusted PB Ratio Related Terms


Stakeholder Gold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Stakeholder 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.

Stakeholder Gold Cyclically Adjusted PB Ratio Chart

Stakeholder Gold 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 1.60 1.18 2.60 7.71 6.33

Stakeholder 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 4.85 7.31 6.00 7.39 13.38

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

For the Gold subindustry, Stakeholder 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.


Stakeholder Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:SRC
29GF Score
Stakeholder Gold Corp TSXV:SRC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stakeholder 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.

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

For example, Stakeholder Gold'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)
=0.19/133.5265*133.5265
=0.190

Current CPI (Jun. 2026) = 133.5265.

Stakeholder Gold Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.514 101.765 0.674
201612 0.402 101.449 0.529
201703 0.347 102.634 0.451
201706 0.435 103.029 0.564
201709 0.360 103.345 0.465
201712 0.076 103.345 0.098
201803 -0.064 105.004 -0.081
201806 -0.079 105.557 -0.100
201809 -0.094 105.636 -0.119
201812 -0.089 105.399 -0.113
201903 -0.062 106.979 -0.077
201906 -0.097 107.690 -0.120
201909 -0.041 107.611 -0.051
201912 -0.010 107.769 -0.012
202003 -0.017 107.927 -0.021
202006 -0.033 108.401 -0.041
202009 -0.029 108.164 -0.036
202012 0.011 108.559 0.014
202103 0.026 110.298 0.031
202106 0.054 111.720 0.065
202109 0.089 112.905 0.105
202112 0.116 113.774 0.136
202203 0.138 117.646 0.157
202206 0.142 120.806 0.157
202209 0.169 120.648 0.187
202212 0.133 120.964 0.147
202303 0.141 122.702 0.153
202306 0.144 124.203 0.155
202309 0.124 125.230 0.132
202312 0.207 125.072 0.221
202403 0.169 126.258 0.179
202406 0.196 127.522 0.205
202409 0.164 127.285 0.172
202412 0.110 127.364 0.115
202503 0.175 129.181 0.181
202506 0.166 129.892 0.171
202509 0.159 130.287 0.163
202512 0.168 130.366 0.172
202603 0.230 132.262 0.232
202606 0.190 133.527 0.190

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 Stakeholder Gold (TSXV:SRC) Overvalued in 2026?

Based on GuruFocus' analysis, Stakeholder Gold stock appears to be overvalued. The current stock price of C$1.80 is trading 130.8% above its estimated GF Value™ of C$0.78. GuruFocus considers Stakeholder Gold to be Significantly Overvalued.

Key valuation signals for TSXV:SRC:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: C$0.78 vs. price of C$1.80 (130.8% above fair value)
  • GF Score™: 29/100 with 5 warning signs

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


Stakeholder Gold Business Description

Other Exchanges SKHRF:USASW0M:Germany
Address 607 - 130 Queens Quay East, Toronto, ON, CAN, M5A 3Y5
Stakeholder Gold Corp is engaged in the identification, acquisition, and exploration of properties for mining of precious and base metals. The Company is engaged in the exploration and evaluation of properties for the mining of precious and base metals and the extraction of exotic quartzite. Its projects include the VMC Blue Quartzite Project and the Ballarat exploration project. It operates in Stakeholder and VMC Canada and VMC Brazil, with Brazil generating maximum revenue.
29GF Score

Get the complete analysis for TSXV:SRC

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

C$1.80
Price
C$0.78
GF Value