Volcanic Gold Mines (TSXV:VG) Cyclically Adjusted PB Ratio: 0.36 (As of Jul. 17, 2026)

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What is Volcanic Gold Mines Cyclically Adjusted PB Ratio?

Volcanic Gold Mines TSXV:VG Cyclically Adjusted PB Ratio is 0.36 as of Jul. 17, 2026. The stock has 1 warning sign investors should review. Among 1,547 Metals & Mining companies, Volcanic Gold Mines ranks better than 80.35% on this metric.

As of today (2026-07-17), Volcanic Gold Mines's current share price is C$0.075. Volcanic Gold Mines's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was C$0.21. Volcanic Gold Mines's Cyclically Adjusted PB Ratio for today is 0.36.

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

TSXV:VG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.35
Current: 0.35

During the past years, Volcanic Gold Mines's highest Cyclically Adjusted PB Ratio was 0.35. The lowest was 0.00. And the median was 0.00.

TSXV:VG's Cyclically Adjusted PB Ratio is ranked better than
80.35% of 1547 companies
in the Metals & Mining industry
Industry Median: 1.42 vs TSXV:VG: 0.35

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.

Volcanic Gold Mines's adjusted book value per share data for the three months ended in Dec. 2025 was C$0.028. 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$0.21 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Volcanic Gold Mines  (TSXV:VG) 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.


Volcanic Gold Mines Cyclically Adjusted PB Ratio Related Terms


Volcanic Gold Mines Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Volcanic 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.

Volcanic Gold Mines Cyclically Adjusted PB Ratio Chart

Volcanic 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 0.88 0.46 0.97 0.35 0.51

Volcanic Gold Mines Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.35 0.62 0.56 0.46 0.51

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

For the Gold subindustry, Volcanic 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.


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

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

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



Volcanic 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.075/0.21
=0.36

* 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.

Volcanic Gold Mines's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Volcanic Gold Mines's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.028/130.3661*130.3661
=0.028

Current CPI (Dec. 2025) = 130.3661.

Volcanic Gold Mines Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.129 101.054 0.166
201606 0.118 102.002 0.151
201609 0.086 101.765 0.110
201612 0.080 101.449 0.103
201703 1.087 102.634 1.381
201706 0.810 103.029 1.025
201709 0.680 103.345 0.858
201712 0.501 103.345 0.632
201803 0.443 105.004 0.550
201806 0.379 105.557 0.468
201809 0.019 105.636 0.023
201812 -0.007 105.399 -0.009
201903 0.012 106.979 0.015
201906 0.045 107.690 0.054
201909 0.039 107.611 0.047
201912 0.032 107.769 0.039
202003 0.027 107.927 0.033
202006 0.034 108.401 0.041
202009 0.160 108.164 0.193
202012 0.269 108.559 0.323
202103 0.258 110.298 0.305
202106 0.235 111.720 0.274
202109 0.209 112.905 0.241
202112 0.188 113.774 0.215
202203 0.171 117.646 0.189
202206 0.154 120.806 0.166
202209 0.142 120.648 0.153
202212 0.129 120.964 0.139
202303 0.116 122.702 0.123
202306 0.102 124.203 0.107
202309 0.091 125.230 0.095
202312 0.079 125.072 0.082
202403 0.064 126.258 0.066
202406 0.036 127.522 0.037
202409 0.031 127.285 0.032
202412 0.025 127.364 0.026
202503 0.021 129.181 0.021
202506 0.022 129.892 0.022
202509 0.033 130.287 0.033
202512 0.028 130.366 0.028

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 0.36 mean?
Volcanic Gold Mines (TSXV:VG) has a Cyclically Adjusted PB Ratio of 0.36 as of Jul. 17, 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 Volcanic Gold Mines and its competitors. According to the industry distribution chart, Volcanic Gold Mines ranks #304 out of 1547 companies in the Metals & Mining industry, placing it in the top 19.7%.
Is Volcanic Gold Mines' Cyclically Adjusted PB Ratio too high?
Volcanic Gold Mines' current Cyclically Adjusted PB Ratio is 0.36. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.42. Volcanic Gold Mines' value of 0.36 is 74.6% below this industry median. Based on the distribution chart, Volcanic Gold Mines ranks #304 out of 1547 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Volcanic Gold Mines' Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Volcanic Gold Mines ranks #304 out of 1547 companies for Cyclically Adjusted PB Ratio. This places Volcanic Gold Mines in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.42. Volcanic Gold Mines' value of 0.36 is 74.6% 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 1.42, based on 1,547 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. Volcanic Gold Mines's current Cyclically Adjusted PB Ratio of 0.36 is 74.6% 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 Volcanic 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. Volcanic Gold Mines's current Cyclically Adjusted PB Ratio is 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Volcanic Gold Mines stock overvalued right now?
Volcanic Gold Mines (TSXV:VG) has a current Cyclically Adjusted PB Ratio of 0.36. The current Cyclically Adjusted PB Ratio is 0.36 and 74.6% below the Metals & Mining industry median of 1.42. 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 Volcanic Gold Mines (TSXV:VG), the current Cyclically Adjusted PB Ratio is 0.36 as of Jul. 17, 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.

Volcanic Gold Mines Business Description

Other Exchanges VLMZF:USACKC2:Germany
Address 1111 Melville Street, Suite 1000, Vancouver, BC, CAN, V6E 3V6
Volcanic Gold Mines Inc is a Canadian company that is principally engaged in the acquisition and exploration of resource properties. It holds an interest in the Holly and Banderas property located in Guatemala. The company operates through a single segment, being the Acquisition, exploration, and evaluation of mineral properties. The mineral property interests and substantially all property and equipment are located in Guatemala, and substantially all of the exploration expenditures are incurred in Guatemala.