ALRGF (Antler Gold) Cyclically Adjusted PB Ratio: 0.78 (As of Jul. 31, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Antler Gold Cyclically Adjusted PB Ratio?

Antler Gold ALRGF Cyclically Adjusted PB Ratio is 0.78 as of Jul. 31, 2026. The stock has 1 warning sign investors should review. Among 1,537 Metals & Mining companies, Antler Gold ranks better than 79.25% on this metric.

As of today (2026-07-31), Antler Gold's current share price is $0.0313. Antler Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.04. Antler Gold's Cyclically Adjusted PB Ratio for today is 0.78.

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

ALRGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.37
Current: 0.37

During the past years, Antler Gold's highest Cyclically Adjusted PB Ratio was 0.37. The lowest was 0.00. And the median was 0.00.

ALRGF's Cyclically Adjusted PB Ratio is ranked better than
79.25% of 1537 companies
in the Metals & Mining industry
Industry Median: 1.41 vs ALRGF: 0.37

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.

Antler Gold's adjusted book value per share data for the three months ended in Mar. 2026 was $0.006. 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 $0.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Antler Gold  (OTCPK:ALRGF) 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.


Antler Gold Cyclically Adjusted PB Ratio Related Terms


Antler Gold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Antler 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.

Antler Gold Cyclically Adjusted PB Ratio Chart

Antler 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 0.00 0.00 0.00 0.00 0.00

Antler 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 0.00 0.00 0.00 0.00 0.80

ALRGF vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Antler 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.


Antler Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Antler 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0313/0.04
=0.78

* 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.

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

For example, Antler 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)
=0.006/132.2623*132.2623
=0.006

Current CPI (Mar. 2026) = 132.2623.

Antler Gold Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 102.002 0.000
201609 0.039 101.765 0.051
201612 0.103 101.449 0.134
201703 0.152 102.634 0.196
201706 0.158 103.029 0.203
201709 0.113 103.345 0.145
201712 0.106 103.345 0.136
201803 0.102 105.004 0.128
201806 0.098 105.557 0.123
201809 0.098 105.636 0.123
201812 0.087 105.399 0.109
201903 0.085 106.979 0.105
201906 0.083 107.690 0.102
201909 0.081 107.611 0.100
201912 0.014 107.769 0.017
202003 0.016 107.927 0.020
202006 0.006 108.401 0.007
202009 0.038 108.164 0.046
202012 0.038 108.559 0.046
202103 0.037 110.298 0.044
202106 0.037 111.720 0.044
202109 0.037 112.905 0.043
202112 0.034 113.774 0.040
202203 0.036 117.646 0.040
202206 0.033 120.806 0.036
202209 0.036 120.648 0.039
202212 0.033 120.964 0.036
202303 0.032 122.702 0.034
202306 0.031 124.203 0.033
202309 0.029 125.230 0.031
202312 0.028 125.072 0.030
202403 0.027 126.258 0.028
202406 0.025 127.522 0.026
202409 0.024 127.285 0.025
202412 0.021 127.364 0.022
202503 0.019 129.181 0.019
202506 0.019 129.892 0.019
202509 0.018 130.287 0.018
202512 0.007 130.366 0.007
202603 0.006 132.262 0.006

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 0.78 mean?
Antler Gold (ALRGF) has a Cyclically Adjusted PB Ratio of 0.78 as of Jul. 31, 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 Antler Gold and its competitors. According to the industry distribution chart, Antler Gold ranks #319 out of 1537 companies in the Metals & Mining industry, placing it in the top 20.8%.
Is Antler Gold's Cyclically Adjusted PB Ratio too high?
Antler Gold's current Cyclically Adjusted PB Ratio is 0.78. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.41. Antler Gold's value of 0.78 is 44.7% below this industry median. Based on the distribution chart, Antler Gold ranks #319 out of 1537 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Antler Gold's Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Antler Gold ranks #319 out of 1537 companies for Cyclically Adjusted PB Ratio. This places Antler Gold in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.41. Antler Gold's value of 0.78 is 44.7% below 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 1.41, based on 1,537 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. Antler Gold's current Cyclically Adjusted PB Ratio of 0.78 is 44.7% 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 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 Antler Gold and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antler Gold's current Cyclically Adjusted PB Ratio is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antler Gold stock overvalued right now?
Antler Gold (ALRGF) has a current Cyclically Adjusted PB Ratio of 0.78. The current Cyclically Adjusted PB Ratio is 0.78 and 44.7% below the Metals & Mining industry median of 1.41. 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 Antler Gold (ALRGF), the current Cyclically Adjusted PB Ratio is 0.78 as of Jul. 31, 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.

Antler Gold Business Description

Other Exchanges ANTL:Canada
Address 1969 Upper Water Street, Suite 2001, Halifax, NS, CAN, B3J 3R7
Antler Gold Inc is a Canada based company engaged in the exploration and development of mineral properties. The Company's project includes Erongo Gold Project, Erongo Western Project, Onkoshi Gold Project, Crescent Lake Lithium Project and Others.