Tristar Gold (TSXV:TSG) Cyclically Adjusted PB Ratio: 0.97 (As of Aug. 03, 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSXV:TSG Tristar Gold Inc TSXV:TSG
26 GF Score
Price C$0.16
! 1 Warning Sign
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What is Tristar Gold Cyclically Adjusted PB Ratio?

Tristar Gold TSXV:TSG -3.13% 26 Cyclically Adjusted PB Ratio is 0.97 as of Aug. 03, 2026. GuruFocus rates TSXV:TSG with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 1,535 Metals & Mining companies, Tristar Gold ranks better than 56.48% on this metric.

As of today (2026-08-03), Tristar Gold's current share price is C$0.155. Tristar Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.16. Tristar Gold's Cyclically Adjusted PB Ratio for today is 0.97.

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

TSXV:TSG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.1
Current: 1.1

During the past years, Tristar Gold's highest Cyclically Adjusted PB Ratio was 1.10. The lowest was 0.00. And the median was 0.00.

TSXV:TSG's Cyclically Adjusted PB Ratio is ranked better than
56.48% of 1535 companies
in the Metals & Mining industry
Industry Median: 1.4 vs TSXV:TSG: 1.10

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.

Tristar Gold's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.118. 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$0.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tristar Gold  (TSXV:TSG) 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.


Tristar Gold Cyclically Adjusted PB Ratio Related Terms


Tristar Gold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tristar 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.

Tristar Gold Cyclically Adjusted PB Ratio Chart

Tristar 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 1.42 0.81 0.56 0.80 1.27

Tristar Gold 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 1.01 1.16 1.01 1.27 1.65

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

For the Gold subindustry, Tristar 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.


Tristar Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:TSG
26GF Score
Tristar Gold Inc TSXV:TSG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tristar 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.155/0.16
=0.97

* 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.

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

For example, Tristar Gold'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)
=0.118/330.2130*330.2130
=0.118

Current CPI (Mar. 2026) = 330.2130.

Tristar Gold Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.111 241.018 0.152
201609 0.104 241.428 0.142
201612 0.143 241.432 0.196
201703 0.143 243.801 0.194
201706 0.145 244.955 0.195
201709 0.139 246.819 0.186
201712 0.143 246.524 0.192
201803 0.143 249.554 0.189
201806 0.145 251.989 0.190
201809 0.143 252.439 0.187
201812 0.145 251.233 0.191
201903 0.143 254.202 0.186
201906 0.139 256.143 0.179
201909 0.131 256.759 0.168
201912 0.132 256.974 0.170
202003 0.134 258.115 0.171
202006 0.119 257.797 0.152
202009 0.130 260.280 0.165
202012 0.141 260.474 0.179
202103 0.140 264.877 0.175
202106 0.133 271.696 0.162
202109 0.134 274.310 0.161
202112 0.143 278.802 0.169
202203 0.127 287.504 0.146
202206 0.146 296.311 0.163
202209 0.150 296.808 0.167
202212 0.151 296.797 0.168
202303 0.149 301.836 0.163
202306 0.144 305.109 0.156
202309 0.143 307.789 0.153
202312 0.142 306.746 0.153
202403 0.139 312.332 0.147
202406 0.135 314.175 0.142
202409 0.134 315.301 0.140
202412 0.142 315.605 0.149
202503 0.140 319.799 0.145
202506 0.126 322.561 0.129
202509 0.127 324.800 0.129
202512 0.123 324.054 0.125
202603 0.118 330.213 0.118

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 0.97 mean?
Tristar Gold (TSXV:TSG) has a Cyclically Adjusted PB Ratio of 0.97 as of Aug. 03, 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 Tristar Gold and its competitors. According to the industry distribution chart, Tristar Gold ranks #668 out of 1535 companies in the Metals & Mining industry, placing it in the top 43.5%.
Is Tristar Gold's Cyclically Adjusted PB Ratio too high?
Tristar Gold's current Cyclically Adjusted PB Ratio is 0.97. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. Tristar Gold's value of 0.97 is 30.7% below this industry median. Based on the distribution chart, Tristar Gold ranks #668 out of 1535 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Tristar Gold has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Tristar Gold's Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Tristar Gold ranks #668 out of 1535 companies for Cyclically Adjusted PB Ratio. This puts Tristar Gold in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.40. Tristar Gold's value of 0.97 is 30.7% below this benchmark. 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. Tristar Gold's current Cyclically Adjusted PB Ratio of 0.97 is 30.7% 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 Tristar Gold 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. Tristar Gold's current Cyclically Adjusted PB Ratio is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tristar Gold stock overvalued right now?
Tristar Gold (TSXV:TSG) has a current Cyclically Adjusted PB Ratio of 0.97. The current Cyclically Adjusted PB Ratio is 0.97 and 30.7% below the Metals & Mining industry median of 1.40. Tristar Gold's 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 Tristar Gold (TSXV:TSG), the current Cyclically Adjusted PB Ratio is 0.97 as of Aug. 03, 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.

Tristar Gold Business Description

Other Exchanges TSGZF:USA7TG:Germany
Address 7950 East Acoma Drive, Suite 209, Scottsdale, AZ, USA, 85260
Tristar Gold Inc is a gold exploration and development company. The company principally explores for precious and base metal prospects. Its projects include Castelo de sanhos located in the Tapajos Gold District of Brazil's northern Para State. The Company is concentrating its exploration activities on the CDS property because the Company believes CDS has the potential to host several million ounces of gold.
26GF Score

Get the complete analysis for TSXV:TSG

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

C$0.16
Price