GDRZF (Gold Reserve) Book Value per Share: $0.84 (As of Mar. 2026)

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GDRZF Gold Reserve Ltd GDRZF
36 GF Score
Price $4.62
! 3 Warning Signs
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What is Gold Reserve Book Value per Share?

Gold Reserve GDRZF -2.74% 36 Book Value per Share is $0.84 as of Mar. 2026. GuruFocus rates GDRZF with a GF Score™ of 36/100. The stock has 3 warning signs investors should review.

Gold Reserve's book value per share for the quarter that ended in Mar. 2026 was $0.84.

During the past 12 months, Gold Reserve's average Book Value Per Share Growth Rate was 59.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Gold Reserve was 192.40% per year. The lowest was -49.90% per year. And the median was -1.80% per year.

Gold Reserve's current price is $4.62. Its book value per share for the quarter that ended in Mar. 2026 was $0.84. Hence, today's PB Ratio of Gold Reserve is 5.51.

During the past 13 years, the highest P/B Ratio of Gold Reserve was 5.79. The lowest was 0.00. And the median was 0.00.


Gold Reserve  (OTCPK:GDRZF) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Gold Reserve Book Value per Share Related Terms


Gold Reserve Book Value per Share Historical Data

* Premium members only.

The historical data trend for Gold Reserve's Book Value per Share 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.

Gold Reserve Book Value per Share Chart

Gold Reserve Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.52 0.29 0.58 0.49

Gold Reserve Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share 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 0.50 0.47 0.59 0.49 0.84

GDRZF vs NEM, AU: Book Value per Share Comparison

For the Gold subindustry, Gold Reserve'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.


Gold Reserve PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Gold Reserve's PB Ratio falls into.


GDRZF
36GF Score
Gold Reserve Ltd GDRZF
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Gold Reserve Book Value per Share Calculation

Gold Reserve's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(60.06-0.00)/122.72
=0.49

Gold Reserve's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(123.74-0.00)/147.72
=0.84

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $0.84 mean?
Gold Reserve (GDRZF) has a Book Value per Share of $0.84 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Gold Reserve and its competitors.
Is Gold Reserve's Book Value per Share too high?
Gold Reserve's current Book Value per Share is $0.84. Overall, Gold Reserve has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Gold Reserve's Book Value per Share compare to NEM and AU?
Gold Reserve's Book Value per Share of $0.84 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Metals & Mining company?
A good Book Value per Share depends on the Metals & Mining industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Gold Reserve and its competitors. Gold Reserve's current Book Value per Share is $0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Reserve stock overvalued right now?
Gold Reserve (GDRZF) has a current Book Value per Share of $0.84. The current Book Value per Share is $0.84. Gold Reserve's overall GF Score™ is 36/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Gold Reserve (GDRZF), the current Book Value per Share is $0.84 as of Mar. 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.

Gold Reserve Business Description

Other Exchanges 97Z:GermanyGRZ:Canada
Address 11 Bermudiana Road, Rosebank Centre, 5th Floor, Pembroke, BMU, HM 08
Gold Reserve Ltd is focused on managing and monetizing a collection of legal and arbitral claims. These claims include the CITGO Proceedings, Portugal Attachment Proceedings, and the Siembra Minera Arbitration Proceedings. The company operates in a single operating and reportable segment: pursuing legal claims related to mineral properties.
36GF Score

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Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.62
Price