GORO (Goldgroup Mining) Cyclically Adjusted PB Ratio: 6.29 (As of Aug. 30, 2026) — 5142% Above Median

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GORO Goldgroup Mining Inc GORO
36 GF Score
Price $3.65
GF Value $0.38
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Goldgroup Mining Cyclically Adjusted PB Ratio?

Goldgroup Mining GORO -3.69% 36 Cyclically Adjusted PB Ratio is 6.29 as of Aug. 30, 2026, which is 5142% above its 10-year median of 0.12. GuruFocus rates GORO with a GF Score™ of 36/100 and a GF Value™ of $0.38 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,502 Metals & Mining companies, Goldgroup Mining ranks worse than 82.16% on this metric.

As of today (2026-08-30), Goldgroup Mining's current share price is $3.65. Goldgroup Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.58. Goldgroup Mining's Cyclically Adjusted PB Ratio for today is 6.29.

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

GORO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.12   Max: 9.57
Current: 6.16

During the past years, Goldgroup Mining's highest Cyclically Adjusted PB Ratio was 9.57. The lowest was 0.02. And the median was 0.12.

GORO's Cyclically Adjusted PB Ratio is ranked worse than
82.16% of 1502 companies
in the Metals & Mining industry
Industry Median: 1.585 vs GORO: 6.16

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.

Goldgroup Mining's adjusted book value per share data for the three months ended in Mar. 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 $0.58 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Goldgroup Mining  (AMEX:GORO) 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.


Goldgroup Mining Cyclically Adjusted PB Ratio Related Terms


Goldgroup Mining Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Goldgroup Mining'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.

Goldgroup Mining Cyclically Adjusted PB Ratio Chart

Goldgroup Mining 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 0.13 0.05 0.03 0.37 6.98

Goldgroup Mining 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 1.80 3.33 3.96 6.98 6.98

GORO vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Goldgroup Mining'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.


Goldgroup Mining Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


GORO
36GF Score
Goldgroup Mining Inc GORO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goldgroup Mining 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.

Goldgroup Mining's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.65/0.58
=6.29

* 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.

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

For example, Goldgroup Mining'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)
=-0.081/132.2623*132.2623
=-0.081

Current CPI (Mar. 2026) = 132.2623.

Goldgroup Mining Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.079 102.002 2.696
201609 2.440 101.765 3.171
201612 1.773 101.449 2.312
201703 1.838 102.634 2.369
201706 1.612 103.029 2.069
201709 1.596 103.345 2.043
201712 1.877 103.345 2.402
201803 1.839 105.004 2.316
201806 1.765 105.557 2.212
201809 1.465 105.636 1.834
201812 1.197 105.399 1.502
201903 1.092 106.979 1.350
201906 1.203 107.690 1.477
201909 0.582 107.611 0.715
201912 0.362 107.769 0.444
202003 0.328 107.927 0.402
202006 0.306 108.401 0.373
202009 0.040 108.164 0.049
202012 0.131 108.559 0.160
202103 0.058 110.298 0.070
202106 0.479 111.720 0.567
202109 0.221 112.905 0.259
202112 -0.040 113.774 -0.047
202203 -0.198 117.646 -0.223
202206 -0.308 120.806 -0.337
202209 -0.365 120.648 -0.400
202212 -0.448 120.964 -0.490
202303 -0.477 122.702 -0.514
202306 -1.179 124.203 -1.256
202309 -0.359 125.230 -0.379
202312 -0.308 125.072 -0.326
202403 -0.319 126.258 -0.334
202406 -0.283 127.522 -0.294
202409 -0.273 127.285 -0.284
202412 -0.330 127.364 -0.343
202503 -0.182 129.181 -0.186
202506 0.073 129.892 0.074
202509 0.071 130.287 0.072
202512 -0.207 130.366 -0.210
202603 -0.081 132.262 -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 6.29 mean?
Goldgroup Mining (GORO) has a Cyclically Adjusted PB Ratio of 6.29 as of Aug. 30, 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 Goldgroup Mining and its competitors. This is 5142% above median its historical median of 0.12. Over the past decade, Goldgroup Mining's Cyclically Adjusted PB Ratio has ranged from 0.02 to 9.57. According to the industry distribution chart, Goldgroup Mining ranks #1234 out of 1502 companies in the Metals & Mining industry, placing it in the top 82.2%.
Is Goldgroup Mining's Cyclically Adjusted PB Ratio too high?
Goldgroup Mining's current Cyclically Adjusted PB Ratio of 6.29 is 5142% above median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 9.57. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.59. Goldgroup Mining's value of 6.29 is 296.8% above this industry median. Based on the distribution chart, Goldgroup Mining ranks #1234 out of 1502 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Goldgroup Mining has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goldgroup Mining's Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Goldgroup Mining ranks #1234 out of 1502 companies for Cyclically Adjusted PB Ratio. This places Goldgroup Mining in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.59. Goldgroup Mining's value of 6.29 is 296.8% above this benchmark. Historically, Goldgroup Mining's own Cyclically Adjusted PB Ratio has ranged from 0.02 to 9.57 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 1.59, Goldgroup Mining has consistently been above the industry average. 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 1.59, based on 1,502 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. Goldgroup Mining's current Cyclically Adjusted PB Ratio of 6.29 is 296.8% 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 Goldgroup Mining and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldgroup Mining's current Cyclically Adjusted PB Ratio is 6.29, which is 5142% above median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldgroup Mining stock overvalued right now?
Based on GuruFocus' analysis, Goldgroup Mining (GORO) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.38, compared to a current price of $3.65 — trading 860.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.29, which is 5142% above median its 10-year median of 0.12 and 296.8% above the Metals & Mining industry median of 1.59. Goldgroup Mining's overall GF Score™ is 36/100 with 6 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 Goldgroup Mining (GORO), the current Cyclically Adjusted PB Ratio is 6.29 as of Aug. 30, 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.

Is Goldgroup Mining (GORO) Overvalued in 2026?

Based on GuruFocus' analysis, Goldgroup Mining stock appears to be overvalued. The current stock price of $3.65 is trading 860.5% above its estimated GF Value™ of $0.38. GuruFocus considers Goldgroup Mining to be Significantly Overvalued.

Key valuation signals for GORO:

  • Cyclically Adjusted PB Ratio: 6.29 (5142% above median its 10-year median of 0.12)
  • GF Value™: $0.38 vs. price of $3.65 (860.5% above fair value)
  • GF Score™: 36/100 with 6 warning signs
  • Industry Position: 296.8% above the Metals & Mining median (#1234 of 1502)

No single metric tells the full story. See the GORO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goldgroup Mining Business Description

Other Exchanges 55G0:GermanyGGA:Canada
Address 1111 Melville Street, Suite 410, Vancouver, BC, CAN, V6E 3V6
Goldgroup Mining Inc is focused on the acquisition, exploration and development of stage gold-bearing mineral properties in the Americas. The Companies current gold production and exploration and development related activities are conducted in Mexico. It property portfolio include Cerro Prieto project in Sonora and Pinos Project.
36GF Score

Get the complete analysis for GORO

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

$3.65
Price
$0.38
GF Value