CGMXF (Canadian Goldfields Discovery) Cyclically Adjusted PB Ratio: (As of Sep. 09, 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.

CGMXF Canadian Goldfields Discovery Corp CGMXF
22 GF Score
Price $0.15
! 1 Warning Sign
View Full Analysis

What is Canadian Goldfields Discovery Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Canadian Goldfields Discovery  (OTCPK:CGMXF) 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.


Canadian Goldfields Discovery Cyclically Adjusted PB Ratio Related Terms


Canadian Goldfields Discovery Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Canadian Goldfields Discovery'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.

Canadian Goldfields Discovery Cyclically Adjusted PB Ratio Chart

Canadian Goldfields Discovery Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
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

Canadian Goldfields Discovery Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00

Canadian Goldfields Discovery Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Canadian Goldfields Discovery'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.


Canadian Goldfields Discovery Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Canadian Goldfields Discovery's Cyclically Adjusted PB Ratio falls into.


CGMXF
22GF Score
Canadian Goldfields Discovery Corp CGMXF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canadian Goldfields Discovery 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.

Canadian Goldfields Discovery's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Canadian Goldfields Discovery's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.052/132.7364*132.7364
=0.052

Current CPI (Apr. 2026) = 132.7364.

Canadian Goldfields Discovery Quarterly Data

Book Value per Share CPI Adj_Book
201607 -9.429 101.844 -12.289
201610 -6.757 102.002 -8.793
201701 0.000 102.318 0.000
201704 -7.679 103.029 -9.893
201707 -8.128 103.029 -10.472
201710 0.000 103.424 0.000
201801 -0.055 104.056 -0.070
201804 0.190 105.320 0.239
201807 0.101 106.110 0.126
201810 -0.045 105.952 -0.056
201901 -0.121 105.557 -0.152
201904 -0.177 107.453 -0.219
201907 -0.213 108.243 -0.261
201910 -0.239 107.927 -0.294
202001 -0.258 108.085 -0.317
202004 -0.264 107.216 -0.327
202007 -0.279 108.401 -0.342
202010 -0.199 108.638 -0.243
202101 -0.218 109.192 -0.265
202104 -0.229 110.851 -0.274
202107 -0.228 112.431 -0.269
202110 -0.230 113.695 -0.269
202201 -0.221 114.801 -0.256
202204 -0.227 118.357 -0.255
202207 -0.223 120.964 -0.245
202210 -0.213 121.517 -0.233
202301 0.010 121.596 0.011
202304 0.007 123.571 0.008
202307 0.006 124.914 0.006
202310 0.004 125.310 0.004
202401 0.003 125.072 0.003
202404 0.002 126.890 0.002
202407 0.002 128.075 0.002
202410 0.001 127.838 0.001
202501 0.001 127.443 0.001
202504 0.000 129.102 0.000
202507 0.000 130.290 0.000
202510 -0.002 130.603 -0.002
202601 0.002 130.366 0.002
202604 0.052 132.736 0.052

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.


Canadian Goldfields Discovery Business Description

Other Exchanges 3TI:GermanyCGM:Canada
Address 1090 West Georgia Street, Suite 488, Vancouver, BC, CAN, V6E 3V7
Canadian Goldfields Discovery Corp is a Canadian mineral exploration company focused on advancing the high-grade, district-scale Miminiska Gold Project located in northwestern Ontario.
22GF Score

Get the complete analysis for CGMXF

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

$0.15
Price