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GGXXF (GGX Gold) Cyclically Adjusted PB Ratio : (As of Jun. 01, 2025)


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What is GGX Gold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


GGX Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GGX 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.

* Premium members only.

GGX Gold Cyclically Adjusted PB Ratio Chart

GGX Gold Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.16 0.20 1.08 -

GGX Gold Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - - -

Competitive Comparison of GGX Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, GGX 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.


GGX Gold's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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


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GGX 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.

GGX Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, GGX Gold's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.025/127.3637*127.3637
=-0.025

Current CPI (Dec. 2024) = 127.3637.

GGX Gold Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.634 99.789 0.809
201506 -1.130 100.500 -1.432
201509 -1.118 100.421 -1.418
201512 -1.190 99.947 -1.516
201603 -0.537 101.054 -0.677
201606 0.036 102.002 0.045
201609 0.038 101.765 0.048
201612 0.044 101.449 0.055
201703 0.026 102.634 0.032
201706 0.018 103.029 0.022
201709 0.067 103.345 0.083
201712 0.028 103.345 0.035
201803 0.006 105.004 0.007
201806 0.007 105.557 0.008
201809 -0.019 105.636 -0.023
201812 -0.032 105.399 -0.039
201903 -0.044 106.979 -0.052
201906 -0.045 107.690 -0.053
201909 -0.016 107.611 -0.019
201912 -0.025 107.769 -0.030
202003 -0.026 107.927 -0.031
202006 -0.018 108.401 -0.021
202009 -0.014 108.164 -0.016
202012 -0.021 108.559 -0.025
202103 -0.007 110.298 -0.008
202106 -0.004 111.720 -0.005
202109 -0.027 112.905 -0.030
202112 -0.031 113.774 -0.035
202203 -0.034 117.646 -0.037
202206 -0.031 120.806 -0.033
202209 -0.027 120.648 -0.029
202212 -0.030 120.964 -0.032
202303 -0.033 122.702 -0.034
202306 -0.038 124.203 -0.039
202309 -0.037 125.230 -0.038
202312 -0.037 125.072 -0.038
202403 -0.039 126.258 -0.039
202406 -0.024 127.522 -0.024
202409 -0.021 127.285 -0.021
202412 -0.025 127.364 -0.025

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.


GGX Gold  (OTCPK:GGXXF) 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.


GGX Gold Cyclically Adjusted PB Ratio Related Terms

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GGX Gold Business Description

Traded in Other Exchanges
Address
888 Dunsmuir Street, Suite 888, Vancouver, BC, CAN, V6C 3K4
GGX Gold Corp is a Canada-based company. It is involved in the industrial metals and minerals business sector. The activities of the company consist of the acquisition, exploration, and development of mineral properties. The company has one project known as Gold Drop. It explores for gold, Tellurium, and silver properties.