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West African ResourcesASX:WAF +0.58%91 Shiller PE Ratio is 29.00 as of Aug. 19, 2026, which is 21% below its 10-year median of 36.50. GuruFocus rates ASX:WAF with a GF Score™ of 91/100 and a GF Value™ of A$4.61 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 412 Metals & Mining companies, West African Resources ranks better than 55.58% on this metric.
The historical rank and industry rank for West African Resources's Shiller PE Ratio or its related term are showing as below:
ASX:WAF'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.13 Med: 36.5 Max: 65.5
Current: 28.39
During the past 13 years, West African Resources's highest Shiller PE Ratio was 65.50. The lowest was 21.13. And the median was 36.50.
ASX:WAF's Shiller PE Ratio is ranked better than 55.58% of 412
companies
in the Metals & Mining industry
Industry Median: 32.3
vs ASX:WAF: 28.39
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
West African Resources's adjusted earnings per share data of for the fiscal year that ended in Dec25 was A$0.413. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is A$0.12 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
West African Resources (ASX:WAF) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
West African Resources Shiller PE Ratio Related Terms
West African Resources Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for West African Resources's Shiller PE 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, West African Resources's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.
West African Resources Shiller PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, West African Resources's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where West African Resources's Shiller PE Ratio falls into.
West African Resources Shiller PE Ratio Calculation
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
* 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.
Add all the adjusted EPS together and divide 10 will get our E10.
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.
West African Resources (ASX:WAF) has a Shiller PE Ratio of 29.00 as of Aug. 19, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on West African Resources and its competitors. This is 21% below median its historical median of 36.50. Over the past decade, West African Resources' Shiller PE Ratio has ranged from 21.13 to 65.50. According to the industry distribution chart, West African Resources ranks #183 out of 412 companies in the Metals & Mining industry, placing it in the top 44.4%.
Is West African Resources' Shiller PE Ratio too high?
West African Resources' current Shiller PE Ratio of 29.00 is 21% below median its 10-year median of 36.50. Over the past 10 years, this metric has ranged from a low of 21.13 to a high of 65.50. The Metals & Mining industry median Shiller PE Ratio is 32.30. West African Resources' value of 29.00 is 10.2% below this industry median. Based on the distribution chart, West African Resources ranks #183 out of 412 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, West African Resources has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does West African Resources' Shiller PE Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, West African Resources ranks #183 out of 412 companies for Shiller PE Ratio. This puts West African Resources in the upper half of its industry. The industry median Shiller PE Ratio is 32.30. West African Resources' value of 29.00 is 10.2% below this benchmark. Historically, West African Resources' own Shiller PE Ratio has ranged from 21.13 to 65.50 over the past decade. While the company's 10-year median is 36.50 vs. the industry median of 32.30, West African Resources has consistently been below 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 Shiller PE Ratio for a Metals & Mining company?
The median Shiller PE Ratio among Metals & Mining companies is 32.30, based on 412 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. West African Resources's current Shiller PE Ratio of 29.00 is 10.2% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on West African Resources and its competitors. For the Metals & Mining industry, the median Shiller PE Ratio is 32.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West African Resources's current Shiller PE Ratio is 29.00, which is 21% below median its own 10-year median of 36.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West African Resources stock overvalued right now?
Based on GuruFocus' analysis, West African Resources (ASX:WAF) is currently considered Modestly Undervalued. The stock's GF Value™ is A$4.61, compared to a current price of A$3.48 — trading 24.5% below its estimated fair value. The current Shiller PE Ratio is 29.00, which is 21% below median its 10-year median of 36.50 and 10.2% below the Metals & Mining industry median of 32.30. West African Resources' overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For West African Resources (ASX:WAF), the current Shiller PE Ratio is 29.00 as of Aug. 19, 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 West African Resources (ASX:WAF) Overvalued in 2026?
Based on GuruFocus' analysis, West African Resources stock appears to be undervalued.
The current stock price of A$3.48 is trading 24.5% below its estimated GF Value™ of A$4.61.
GuruFocus considers West African Resources to be Modestly Undervalued.
Key valuation signals for ASX:WAF:
Shiller PE Ratio: 29.00 (21% below median its 10-year median of 36.50)
GF Value™: A$4.61 vs. price of A$3.48 (24.5% below fair value)
Industry Position: 10.2% below the Metals & Mining median (#183 of 412)
No single metric tells the full story. See the ASX:WAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
West African Resources Ltd is engaged in mineral exploration in Burkina Faso. It focuses on the development of the Sanbrado Gold Project. The Group's mineral portfolio also includes gold and copper-gold exploration permits in Burkina Faso. The operating segments of the Company that includes Mining Operations: comprise the Sanbrado Gold Project operation located in Burkina Faso. Construction and E&E segment comprises mines under construction andexploration and evaluation (E&E) projects in locations other than Sanbrado.
91GF Score
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