CGDXF (Xali Gold) Cyclically Adjusted PB Ratio: 17.50 (As of Jul. 14, 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.

CGDXF Xali Gold Corp CGDXF
22 GF Score
Price $0.18
! 3 Warning Signs
View Full Analysis

What is Xali Gold Cyclically Adjusted PB Ratio?

Xali Gold CGDXF 22 Cyclically Adjusted PB Ratio is 17.50 as of Jul. 14, 2026. GuruFocus rates CGDXF with a GF Score™ of 22/100. The stock has 3 warning signs investors should review. Among 1,544 Metals & Mining companies, Xali Gold ranks worse than 95.79% on this metric.

As of today (2026-07-14), Xali Gold's current share price is $0.175. Xali Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $0.01. Xali Gold's Cyclically Adjusted PB Ratio for today is 17.50.

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

CGDXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 16.74
Current: 16.74

During the past years, Xali Gold's highest Cyclically Adjusted PB Ratio was 16.74. The lowest was 0.00. And the median was 0.00.

CGDXF's Cyclically Adjusted PB Ratio is ranked worse than
95.79% of 1544 companies
in the Metals & Mining industry
Industry Median: 1.44 vs CGDXF: 16.74

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.

Xali Gold's adjusted book value per share data for the three months ended in Dec. 2025 was $-0.016. 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 $0.01 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xali Gold  (OTCPK:CGDXF) 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.


Xali Gold Cyclically Adjusted PB Ratio Related Terms


Xali Gold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Xali 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.

Xali Gold Cyclically Adjusted PB Ratio Chart

Xali Gold Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.98 0.79 0.90 1.77

Xali Gold Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.52 1.77 1.84 2.26 8.01

CGDXF vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Xali 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.


Xali Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


CGDXF
22GF Score
Xali Gold Corp CGDXF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xali 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.175/0.01
=17.50

* 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.

Xali Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Xali Gold's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-0.016/130.3661*130.3661
=-0.016

Current CPI (Dec. 2025) = 130.3661.

Xali Gold Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.075 101.054 0.097
201606 0.077 102.002 0.098
201609 0.073 101.765 0.094
201612 0.071 101.449 0.091
201703 0.071 102.634 0.090
201706 0.070 103.029 0.089
201709 0.070 103.345 0.088
201712 0.068 103.345 0.086
201803 0.067 105.004 0.083
201806 0.066 105.557 0.082
201809 0.065 105.636 0.080
201812 0.065 105.399 0.080
201903 -0.010 106.979 -0.012
201906 -0.012 107.690 -0.015
201909 -0.013 107.611 -0.016
201912 -0.014 107.769 -0.017
202003 -0.013 107.927 -0.016
202006 -0.013 108.401 -0.016
202009 -0.013 108.164 -0.016
202012 -0.012 108.559 -0.014
202103 -0.018 110.298 -0.021
202106 -0.020 111.720 -0.023
202109 -0.019 112.905 -0.022
202112 -0.015 113.774 -0.017
202203 -0.018 117.646 -0.020
202206 -0.019 120.806 -0.021
202209 -0.020 120.648 -0.022
202212 -0.020 120.964 -0.022
202303 -0.027 122.702 -0.029
202306 -0.028 124.203 -0.029
202309 -0.029 125.230 -0.030
202312 -0.030 125.072 -0.031
202403 -0.034 126.258 -0.035
202406 -0.030 127.522 -0.031
202409 -0.030 127.285 -0.031
202412 -0.030 127.364 -0.031
202503 -0.022 129.181 -0.022
202506 -0.023 129.892 -0.023
202509 -0.024 130.287 -0.024
202512 -0.016 130.366 -0.016

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 17.50 mean?
Xali Gold (CGDXF) has a Cyclically Adjusted PB Ratio of 17.50 as of Jul. 14, 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 Xali Gold and its competitors. According to the industry distribution chart, Xali Gold ranks #1479 out of 1544 companies in the Metals & Mining industry, placing it in the top 95.8%.
Is Xali Gold's Cyclically Adjusted PB Ratio too high?
Xali Gold's current Cyclically Adjusted PB Ratio is 17.50. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.44. Xali Gold's value of 17.50 is 1115.3% above this industry median. Based on the distribution chart, Xali Gold ranks #1479 out of 1544 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Xali Gold has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Xali Gold's Cyclically Adjusted PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Xali Gold ranks #1479 out of 1544 companies for Cyclically Adjusted PB Ratio. This places Xali Gold in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.44. Xali Gold's value of 17.50 is 1115.3% above 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 1.44, based on 1,544 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. Xali Gold's current Cyclically Adjusted PB Ratio of 17.50 is 1115.3% 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 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 Xali Gold and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xali Gold's current Cyclically Adjusted PB Ratio is 17.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xali Gold stock overvalued right now?
Xali Gold (CGDXF) has a current Cyclically Adjusted PB Ratio of 17.50. The current Cyclically Adjusted PB Ratio is 17.50 and 1115.3% above the Metals & Mining industry median of 1.44. Xali Gold's overall GF Score™ is 22/100 with 3 warning signs to review. 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 Xali Gold (CGDXF), the current Cyclically Adjusted PB Ratio is 17.50 as of Jul. 14, 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.

Xali Gold Business Description

Other Exchanges I970:GermanyXGC:Canada
Address 1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Xali Gold Corp is a Canada-based mineral exploration company engaged in the acquisition, exploration, and development of mineral rights interests in Mexico and Peru. It is currently in the exploration stage. The company's project portfolio comprises various gold and silver properties, such as the Tres Marias and Las Brujas properties in Peru, and the Sarape epithermal gold-silver project, the El Oro Tailings project, and the El Oro gold-silver property located in Mexico.
22GF Score

Get the complete analysis for CGDXF

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

$0.18
Price