Cerrado GoldTSXV:CERT -0.31%37 PB Ratio is 2.53 as of Jun. 26, 2026, which is 14% below its 10-year median of 2.95. GuruFocus rates TSXV:CERT with a GF Score™ of 37/100 and a GF Value™ of C$0.79 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,358 Metals & Mining companies, Cerrado Gold ranks worse than 54.37% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-26), Cerrado Gold's share price is C$1.595. Cerrado Gold's Book Value per Share for the quarter that ended in Mar. 2026 was C$0.63. Hence, Cerrado Gold's PB Ratio of today is 2.53.
The historical rank and industry rank for Cerrado Gold's PB Ratio or its related term are showing as below:
TSXV:CERT'
s PB Ratio Range Over the Past 10 Years
Min: 0.5 Med: 2.95 Max: 9.22
Current: 2.53
During the past 5 years, Cerrado Gold's highest PB Ratio was 9.22. The lowest was 0.50. And the median was 2.95.
TSXV:CERT's PB Ratio is ranked worse than 54.37% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.25
vs TSXV:CERT: 2.53
During the past 12 months, Cerrado Gold's average Book Value Per Share Growth Rate was -3.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 29.40% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Cerrado Gold was 40.80% per year. The lowest was 29.40% per year. And the median was 35.10% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Cerrado Gold PB Ratio Related Terms
Cerrado Gold PB Ratio Historical Data
* Premium members only.
The historical data trend for Cerrado Gold's 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.
For the Gold subindustry, Cerrado Gold's PB Ratio, along with its competitors' market caps and 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.
Cerrado Gold PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Cerrado Gold's PB Ratio distribution charts can be found below:
* The bar in red indicates where Cerrado Gold's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Cerrado Gold's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Cerrado Gold (TSXV:CERT) has a PB Ratio of 2.53 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Cerrado Gold and its competitors. This is 14% below median its historical median of 2.95. Over the past decade, Cerrado Gold's PB Ratio has ranged from 0.50 to 9.22. According to the industry distribution chart, Cerrado Gold ranks #1282 out of 2358 companies in the Metals & Mining industry, placing it in the top 54.4%.
Is Cerrado Gold's PB Ratio too high?
Cerrado Gold's current PB Ratio of 2.53 is 14% below median its 10-year median of 2.95. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 9.22. The Metals & Mining industry median PB Ratio is 2.25. Cerrado Gold's value of 2.53 is 12.4% above this industry median. Based on the distribution chart, Cerrado Gold ranks #1282 out of 2358 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Cerrado Gold has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cerrado Gold's PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Cerrado Gold ranks #1282 out of 2358 companies for PB Ratio. This places Cerrado Gold in the lower half of its industry. The industry median PB Ratio is 2.25. Cerrado Gold's value of 2.53 is 12.4% above this benchmark. Historically, Cerrado Gold's own PB Ratio has ranged from 0.50 to 9.22 over the past decade. While the company's 10-year median is 2.95 vs. the industry median of 2.25, Cerrado Gold has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.25, based on 2,358 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cerrado Gold's current PB Ratio of 2.53 is 12.4% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Cerrado Gold and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cerrado Gold's current PB Ratio is 2.53, which is 14% below median its own 10-year median of 2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cerrado Gold stock overvalued right now?
Based on GuruFocus' analysis, Cerrado Gold (TSXV:CERT) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.79, compared to a current price of C$1.60 — trading 101.9% above its estimated fair value. The current PB Ratio is 2.53, which is 14% below median its 10-year median of 2.95 and 12.4% above the Metals & Mining industry median of 2.25. Cerrado Gold's overall GF Score™ is 37/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Cerrado Gold (TSXV:CERT), the current PB Ratio is 2.53 as of Jun. 26, 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.
Is Cerrado Gold (TSXV:CERT) Overvalued in 2026?
Based on GuruFocus' analysis, Cerrado Gold stock appears to be overvalued.
The current stock price of C$1.60 is trading 101.9% above its estimated GF Value™ of C$0.79.
GuruFocus considers Cerrado Gold to be Significantly Overvalued.
Key valuation signals for TSXV:CERT:
PB Ratio: 2.53 (14% below median its 10-year median of 2.95)
GF Value™: C$0.79 vs. price of C$1.60 (101.9% above fair value)
Industry Position: 12.4% above the Metals & Mining median (#1282 of 2358)
No single metric tells the full story. See the TSXV:CERT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cerrado Gold Inc is a mining, minerals production, and exploration company focused on precious metals in Brazil and Argentina. The Company is mainly focused on its producing Don Nicolas gold and silver mine in Argentina, with an emphasis on increasing gold equivalent production and optimizing mine operations. It is also engaged in evaluating exploration and mineral resource opportunities. Its projects include the Mont Sorcier Iron project, the Monte do Carmo (MDC) Gold Project in Brazil, and a vanadium project in Roy Township, Quebec, east of the Town of Chibougamau, among others.
37GF Score
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