EQTRF (Altamira Gold) Cyclically Adjusted PB Ratio: 0.86 (As of Aug. 11, 2026)

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EQTRF Altamira Gold Corp EQTRF
35 GF Score
Price $0.13
! 1 Warning Sign
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What is Altamira Gold Cyclically Adjusted PB Ratio?

Altamira Gold EQTRF 35 Cyclically Adjusted PB Ratio is 0.86 as of Aug. 11, 2026. GuruFocus rates EQTRF with a GF Score™ of 35/100. The stock has 1 warning sign investors should review. Among 1,528 Metals & Mining companies, Altamira Gold ranks better than 63.74% on this metric.

As of today (2026-08-11), Altamira Gold's current share price is $0.129165. Altamira Gold's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was $0.15. Altamira Gold's Cyclically Adjusted PB Ratio for today is 0.86.

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

EQTRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.84
Current: 0.84

During the past years, Altamira Gold's highest Cyclically Adjusted PB Ratio was 0.84. The lowest was 0.00. And the median was 0.00.

EQTRF's Cyclically Adjusted PB Ratio is ranked better than
63.74% of 1528 companies
in the Metals & Mining industry
Industry Median: 1.555 vs EQTRF: 0.84

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.

Altamira Gold's adjusted book value per share data for the three months ended in May. 2026 was $0.081. 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 $0.15 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altamira Gold  (OTCPK:EQTRF) 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.


Altamira Gold Cyclically Adjusted PB Ratio Related Terms


Altamira Gold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Altamira 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.

Altamira Gold Cyclically Adjusted PB Ratio Chart

Altamira Gold Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.46 0.41 0.36 1.02

Altamira Gold Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.38 0.61 1.10 1.02 0.98

EQTRF vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Altamira 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.


Altamira Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


EQTRF
35GF Score
Altamira Gold Corp EQTRF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Altamira 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.129165/0.15
=0.86

* 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.

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

For example, Altamira Gold's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0.081/134.0005*134.0005
=0.081

Current CPI (May. 2026) = 134.0005.

Altamira Gold Quarterly Data

Book Value per Share CPI Adj_Book
201608 0.415 101.686 0.547
201611 0.385 101.607 0.508
201702 0.325 102.476 0.425
201705 0.264 103.108 0.343
201708 0.277 103.108 0.360
201711 0.274 103.740 0.354
201802 0.191 104.688 0.244
201805 0.176 105.399 0.224
201808 0.152 106.031 0.192
201811 0.152 105.478 0.193
201902 0.148 106.268 0.187
201905 0.129 107.927 0.160
201908 0.126 108.085 0.156
201911 0.123 107.769 0.153
202002 0.101 108.559 0.125
202005 0.084 107.532 0.105
202008 0.087 108.243 0.108
202011 0.087 108.796 0.107
202102 0.096 109.745 0.117
202105 0.101 111.404 0.121
202108 0.098 112.668 0.117
202111 0.094 113.932 0.111
202202 0.094 115.986 0.109
202205 0.093 120.016 0.104
202208 0.091 120.569 0.101
202211 0.087 121.675 0.096
202302 0.085 122.070 0.093
202305 0.085 124.045 0.092
202308 0.085 125.389 0.091
202311 0.084 125.468 0.090
202402 0.085 125.468 0.091
202405 0.081 127.601 0.085
202408 0.075 127.838 0.079
202411 0.067 127.838 0.070
202502 0.071 128.786 0.074
202505 0.071 129.813 0.073
202508 0.073 130.208 0.075
202511 0.079 130.682 0.081
202602 0.081 131.077 0.083
202605 0.081 134.001 0.081

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 0.86 mean?
Altamira Gold (EQTRF) has a Cyclically Adjusted PB Ratio of 0.86 as of Aug. 11, 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 Altamira Gold and its competitors. According to the industry distribution chart, Altamira Gold ranks #554 out of 1528 companies in the Metals & Mining industry, placing it in the top 36.3%.
Is Altamira Gold's Cyclically Adjusted PB Ratio too high?
Altamira Gold's current Cyclically Adjusted PB Ratio is 0.86. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.56. Altamira Gold's value of 0.86 is 44.7% below this industry median. Based on the distribution chart, Altamira Gold ranks #554 out of 1528 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Altamira Gold has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Altamira Gold's Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Altamira Gold ranks #554 out of 1528 companies for Cyclically Adjusted PB Ratio. This puts Altamira Gold in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Altamira Gold's value of 0.86 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 1.56, based on 1,528 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. Altamira Gold's current Cyclically Adjusted PB Ratio of 0.86 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 Altamira Gold and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altamira Gold's current Cyclically Adjusted PB Ratio is 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altamira Gold stock overvalued right now?
Altamira Gold (EQTRF) has a current Cyclically Adjusted PB Ratio of 0.86. The current Cyclically Adjusted PB Ratio is 0.86 and 44.7% below the Metals & Mining industry median of 1.56. Altamira Gold's overall GF Score™ is 35/100 with 1 warning sign 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 Altamira Gold (EQTRF), the current Cyclically Adjusted PB Ratio is 0.86 as of Aug. 11, 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.

Altamira Gold Business Description

Other Exchanges T6UP:GermanyALTA:Canada
Address 409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
Altamira Gold Corp is a junior natural resource company. Principally, it is engaged in the acquisition, exploration, development, and mining of mineral properties. Its project consists of the Cajueiro Project, Crepori Project, Apiacas Project, Nova Canada, Santa Helena, and others. The geographical segments of the group are Canada and Brazil.
35GF Score

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

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