VGZ (Vista Gold) Cyclically Adjusted PB Ratio: 7.30 (As of Jul. 08, 2026)


VGZ Vista Gold Corp VGZ
33 GF Score
Price $1.68
! 1 Warning Sign
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What is Vista Gold Cyclically Adjusted PB Ratio?

Vista Gold VGZ -8.70% 33 Cyclically Adjusted PB Ratio is 7.30 as of Jul. 08, 2026. GuruFocus rates VGZ with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 1,546 Metals & Mining companies, Vista Gold ranks worse than 88.03% on this metric.

As of today (2026-07-08), Vista Gold's current share price is $1.68. Vista Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.23. Vista Gold's Cyclically Adjusted PB Ratio for today is 7.30.

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

VGZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 8.14
Current: 8.14

During the past years, Vista Gold's highest Cyclically Adjusted PB Ratio was 8.14. The lowest was 0.00. And the median was 0.00.

VGZ's Cyclically Adjusted PB Ratio is ranked worse than
88.03% of 1546 companies
in the Metals & Mining industry
Industry Median: 1.505 vs VGZ: 8.14

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.

Vista Gold's adjusted book value per share data for the three months ended in Mar. 2026 was $0.366. 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 $0.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vista Gold  (AMEX:VGZ) 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.


Vista Gold Cyclically Adjusted PB Ratio Related Terms


Vista Gold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vista 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.

Vista Gold Cyclically Adjusted PB Ratio Chart

Vista 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 1.38 1.38 1.58 2.23 8.81

Vista 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 3.36 4.07 9.16 8.81 8.67

VGZ vs USAU, CMCL, FTCO: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Vista 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.


Vista Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


VGZ
33GF Score
Vista Gold Corp VGZ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vista 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.68/0.23
=7.30

* 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.

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

For example, Vista 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)
=0.366/330.2130*330.2130
=0.366

Current CPI (Mar. 2026) = 330.2130.

Vista Gold Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.342 241.018 0.469
201609 0.433 241.428 0.592
201612 0.414 241.432 0.566
201703 0.386 243.801 0.523
201706 0.361 244.955 0.487
201709 0.329 246.819 0.440
201712 0.293 246.524 0.392
201803 0.286 249.554 0.378
201806 0.269 251.989 0.353
201809 0.248 252.439 0.324
201812 0.212 251.233 0.279
201903 0.186 254.202 0.242
201906 0.160 256.143 0.206
201909 0.136 256.759 0.175
201912 0.126 256.974 0.162
202003 0.095 258.115 0.122
202006 0.121 257.797 0.155
202009 0.169 260.280 0.214
202012 0.154 260.474 0.195
202103 0.129 264.877 0.161
202106 0.124 271.696 0.151
202109 0.192 274.310 0.231
202112 0.122 278.802 0.144
202203 0.119 287.504 0.137
202206 0.108 296.311 0.120
202209 0.095 296.808 0.106
202212 0.085 296.797 0.095
202303 0.071 301.836 0.078
202306 0.065 305.109 0.070
202309 0.054 307.789 0.058
202312 0.041 306.746 0.044
202403 0.034 312.332 0.036
202406 0.165 314.175 0.173
202409 0.155 315.301 0.162
202412 0.145 315.605 0.152
202503 0.125 319.799 0.129
202506 0.111 322.561 0.114
202509 0.116 324.800 0.118
202512 0.119 324.054 0.121
202603 0.366 330.213 0.366

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 7.30 mean?
Vista Gold (VGZ) has a Cyclically Adjusted PB Ratio of 7.30 as of Jul. 08, 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 Vista Gold and its competitors. According to the industry distribution chart, Vista Gold ranks #1361 out of 1546 companies in the Metals & Mining industry, placing it in the top 88%.
Is Vista Gold's Cyclically Adjusted PB Ratio too high?
Vista Gold's current Cyclically Adjusted PB Ratio is 7.30. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.51. Vista Gold's value of 7.30 is 385% above this industry median. Based on the distribution chart, Vista Gold ranks #1361 out of 1546 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Vista Gold has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Vista Gold's Cyclically Adjusted PB Ratio compare to USAU and CMCL?
According to the Metals & Mining industry distribution chart, Vista Gold ranks #1361 out of 1546 companies for Cyclically Adjusted PB Ratio. This places Vista Gold in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Vista Gold's value of 7.30 is 385% above 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 1.51, based on 1,546 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. Vista Gold's current Cyclically Adjusted PB Ratio of 7.30 is 385% 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 Vista Gold and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vista Gold's current Cyclically Adjusted PB Ratio is 7.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vista Gold stock overvalued right now?
Vista Gold (VGZ) has a current Cyclically Adjusted PB Ratio of 7.30. The current Cyclically Adjusted PB Ratio is 7.30 and 385% above the Metals & Mining industry median of 1.51. Vista Gold's overall GF Score™ is 33/100 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 Vista Gold (VGZ), the current Cyclically Adjusted PB Ratio is 7.30 as of Jul. 08, 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.

Vista Gold Business Description

Address 8310 S Valley Highway, Suite 300, Englewood, CO, USA, 80112
Vista Gold Corp operates as a development-stage company in the gold mining industry. Its flagship asset is the Mt Todd Gold Project, a development-stage gold deposit located in the Tier-1 jurisdiction of Northern Territory, Australia. Mt Todd offers a large gold mineral reserve, development optionality, expansion opportunities, exploration upside, local infrastructure, community support, and demonstrated economic feasibility. It operates in one reportable segment, consisting of acquisition, exploration and evaluation activities which are focused on Australia.
33GF Score

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

$1.68
Price