CMCL (Caledonia Mining) Shiller PE Ratio: (As of Sep. 20, 2026)

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CMCL Caledonia Mining Corp PLC CMCL
89 GF Score
Price $24.11
GF Value $23.01
Valuation Fairly Valued
! 5 Warning Signs
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What is Caledonia Mining Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Caledonia Mining  (AMEX:CMCL) 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.


Caledonia Mining Shiller PE Ratio Related Terms


Caledonia Mining Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Caledonia Mining'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.

Caledonia Mining Shiller PE Ratio Chart

Caledonia Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.55 9.34 8.91 6.52 15.32

Caledonia Mining Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 11.60 20.83 14.84 12.07 9.71

CMCL vs IDR, BSAI, CTGO: Shiller PE Ratio Comparison

For the Gold subindustry, Caledonia Mining'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.


Caledonia Mining Shiller PE Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Caledonia Mining's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Caledonia Mining's Shiller PE Ratio falls into.


CMCL
89GF Score
Caledonia Mining Corp PLC CMCL
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Caledonia Mining 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.

Caledonia Mining's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Caledonia Mining's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.2321/333.9520*333.9520
=1.232

Current CPI (Jun. 2026) = 333.9520.

Caledonia Mining Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.095 241.428 0.131
201612 0.310 241.432 0.429
201703 0.200 243.801 0.274
201706 0.066 244.955 0.090
201709 0.296 246.819 0.400
201712 0.294 246.524 0.398
201803 0.298 249.554 0.398
201806 0.246 251.989 0.325
201809 0.210 252.439 0.278
201812 0.252 251.233 0.335
201903 0.867 254.202 1.139
201906 2.168 256.143 2.826
201909 0.652 256.759 0.848
201912 0.213 256.974 0.277
202003 0.716 258.115 0.926
202006 0.446 257.797 0.577
202009 0.375 260.280 0.481
202012 0.239 260.474 0.306
202103 0.401 264.877 0.505
202106 0.222 271.696 0.273
202109 0.573 274.310 0.697
202112 0.343 278.802 0.410
202203 0.490 287.504 0.569
202206 0.892 296.311 1.005
202209 0.671 296.808 0.755
202212 -0.626 296.797 -0.704
202303 -0.297 301.836 -0.328
202306 -0.028 305.109 -0.031
202309 0.251 307.789 0.272
202312 -0.169 306.746 -0.184
202403 0.077 312.332 0.083
202406 0.432 314.175 0.459
202409 0.118 315.301 0.125
202412 0.304 315.605 0.322
202503 0.464 319.799 0.485
202506 1.064 322.561 1.102
202509 0.784 324.800 0.806
202512 0.554 324.054 0.571
202603 0.800 330.213 0.809
202606 1.232 333.952 1.232

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.

Is Caledonia Mining (CMCL) Overvalued in 2026?

Based on GuruFocus' analysis, Caledonia Mining stock appears to be overvalued. The current stock price of $24.11 is trading 4.8% above its estimated GF Value™ of $23.01. GuruFocus considers Caledonia Mining to be Fairly Valued.

Key valuation signals for CMCL:

  • Shiller PE Ratio:
  • GF Value™: $23.01 vs. price of $24.11 (4.8% above fair value)
  • GF Score™: 89/100 with 5 warning signs

No single metric tells the full story. See the CMCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Caledonia Mining Business Description

Other Exchanges CMCL:UK9CD1:Germany
Address 2 Mulcaster Street, 2nd Floor, Saint Helier, JEY, JE2 3NJ
Caledonia Mining Corp PLC is a gold exploration, development, and mining company. The company's segment includes Blanket, South Africa, Bilboes Oxide mine, and E&E projects. The company generates the majority of its revenue from the Blanket project. The Blanket Mine is located in the south-west of Zimbabwe and operates at a depth of approximately 750 meters below the surface. Its project includes Maligreen and Motapa.
89GF Score

Get the complete analysis for CMCL

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

$24.11
Price
$23.01
GF Value