FGOVF (Freegold) Cyclically Adjusted PB Ratio: 2.71 (As of Jul. 19, 2026)

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FGOVF Freegold Ltd FGOVF
34 GF Score
Price $0.65
! 1 Warning Sign
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What is Freegold Cyclically Adjusted PB Ratio?

Freegold FGOVF -0.79% 34 Cyclically Adjusted PB Ratio is 2.71 as of Jul. 19, 2026. GuruFocus rates FGOVF with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 1,545 Metals & Mining companies, Freegold ranks worse than 66.6% on this metric.

As of today (2026-07-19), Freegold's current share price is $0.6506. Freegold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.24. Freegold's Cyclically Adjusted PB Ratio for today is 2.71.

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

FGOVF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.76
Current: 2.76

During the past years, Freegold's highest Cyclically Adjusted PB Ratio was 2.76. The lowest was 0.00. And the median was 0.00.

FGOVF's Cyclically Adjusted PB Ratio is ranked worse than
66.6% of 1545 companies
in the Metals & Mining industry
Industry Median: 1.39 vs FGOVF: 2.76

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.

Freegold's adjusted book value per share data for the three months ended in Mar. 2026 was $0.287. 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 $0.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Freegold  (OTCPK:FGOVF) 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.


Freegold Cyclically Adjusted PB Ratio Related Terms


Freegold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Freegold'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.

Freegold Cyclically Adjusted PB Ratio Chart

Freegold 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 0.96 1.18 1.43 2.10 4.87

Freegold 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 2.56 3.70 4.27 4.87 3.46

Freegold Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Freegold'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.


Freegold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


FGOVF
34GF Score
Freegold Ltd FGOVF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Freegold 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.

Freegold's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.6506/0.24
=2.71

* 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.

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

For example, Freegold'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)
=0.287/132.2623*132.2623
=0.287

Current CPI (Mar. 2026) = 132.2623.

Freegold Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.241 102.002 0.312
201609 0.240 101.765 0.312
201612 0.241 101.449 0.314
201703 0.239 102.634 0.308
201706 0.237 103.029 0.304
201709 0.213 103.345 0.273
201712 0.211 103.345 0.270
201803 0.210 105.004 0.265
201806 0.209 105.557 0.262
201809 0.210 105.636 0.263
201812 0.196 105.399 0.246
201903 0.195 106.979 0.241
201906 0.194 107.690 0.238
201909 0.173 107.611 0.213
201912 0.173 107.769 0.212
202003 0.173 107.927 0.212
202006 0.163 108.401 0.199
202009 0.219 108.164 0.268
202012 0.220 108.559 0.268
202103 0.219 110.298 0.263
202106 0.219 111.720 0.259
202109 0.217 112.905 0.254
202112 0.218 113.774 0.253
202203 0.217 117.646 0.244
202206 0.216 120.806 0.236
202209 0.208 120.648 0.228
202212 0.208 120.964 0.227
202303 0.214 122.702 0.231
202306 0.215 124.203 0.229
202309 0.213 125.230 0.225
202312 0.213 125.072 0.225
202403 0.215 126.258 0.225
202406 0.214 127.522 0.222
202409 0.218 127.285 0.227
202412 0.220 127.364 0.228
202503 0.223 129.181 0.228
202506 0.256 129.892 0.261
202509 0.255 130.287 0.259
202512 0.243 130.366 0.247
202603 0.287 132.262 0.287

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 2.71 mean?
Freegold (FGOVF) has a Cyclically Adjusted PB Ratio of 2.71 as of Jul. 19, 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 Freegold and its competitors. According to the industry distribution chart, Freegold ranks #1029 out of 1545 companies in the Metals & Mining industry, placing it in the top 66.6%.
Is Freegold's Cyclically Adjusted PB Ratio too high?
Freegold's current Cyclically Adjusted PB Ratio is 2.71. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.39. Freegold's value of 2.71 is 95% above this industry median. Based on the distribution chart, Freegold ranks #1029 out of 1545 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Freegold has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Freegold's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Freegold ranks #1029 out of 1545 companies for Cyclically Adjusted PB Ratio. This places Freegold in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.39. Freegold's value of 2.71 is 95% 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 1.39, based on 1,545 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. Freegold's current Cyclically Adjusted PB Ratio of 2.71 is 95% 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 Freegold and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freegold's current Cyclically Adjusted PB Ratio is 2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freegold stock overvalued right now?
Freegold (FGOVF) has a current Cyclically Adjusted PB Ratio of 2.71. The current Cyclically Adjusted PB Ratio is 2.71 and 95% above the Metals & Mining industry median of 1.39. Freegold's overall GF Score™ is 34/100 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 Freegold (FGOVF), the current Cyclically Adjusted PB Ratio is 2.71 as of Jul. 19, 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.

Freegold Business Description

Other Exchanges FR4N:GermanyFVL:Canada
Address 700 West Georgia Street, Suite 888, P.O. Box 10351, Vancouver, BC, CAN, V7Y 1G5
Freegold Ventures Ltd is an exploration-stage company. It is engaged in the process of acquiring, exploring, and developing precious and base metal properties. The company's projects include Golden Summit and Shorty Creek in Alaska. It operates in one segment, which is in the mineral property exploration sector. The company operates in two geographical locations, the USA and Canada.
34GF Score

Get the complete analysis for FGOVF

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

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