GOTRF (Goliath Resources) Cyclically Adjusted PB Ratio: 20.25 (As of Sep. 08, 2026)

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GOTRF Goliath Resources Ltd GOTRF
26 GF Score
Price $1.22
! 1 Warning Sign
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What is Goliath Resources Cyclically Adjusted PB Ratio?

Goliath Resources GOTRF -2.80% 26 Cyclically Adjusted PB Ratio is 20.25 as of Sep. 08, 2026. GuruFocus rates GOTRF with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 1,499 Metals & Mining companies, Goliath Resources ranks worse than 96.6% on this metric.

As of today (2026-09-08), Goliath Resources's current share price is $1.215. Goliath Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.06. Goliath Resources's Cyclically Adjusted PB Ratio for today is 20.25.

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

GOTRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 20.73
Current: 20.73

During the past years, Goliath Resources's highest Cyclically Adjusted PB Ratio was 20.73. The lowest was 0.00. And the median was 0.00.

GOTRF's Cyclically Adjusted PB Ratio is ranked worse than
96.6% of 1499 companies
in the Metals & Mining industry
Industry Median: 1.56 vs GOTRF: 20.73

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.

Goliath Resources's adjusted book value per share data for the three months ended in Mar. 2026 was $0.173. 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 $0.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Goliath Resources  (OTCPK:GOTRF) 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.


Goliath Resources Cyclically Adjusted PB Ratio Related Terms


Goliath Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Goliath Resources'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.

Goliath Resources Cyclically Adjusted PB Ratio Chart

Goliath Resources Annual Data
Trend Dec15 Dec16 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.06 4.78 5.80 10.30 29.15

Goliath Resources 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 22.46 29.15 41.11 31.51 19.65

GOTRF vs HL: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, Goliath Resources'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.


Goliath Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


GOTRF
26GF Score
Goliath Resources Ltd GOTRF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Goliath Resources 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.

Goliath Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.215/0.06
=20.25

* 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.

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

For example, Goliath Resources'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)
=0.173/132.2623*132.2623
=0.173

Current CPI (Mar. 2026) = 132.2623.

Goliath Resources Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.013 102.002 0.017
201609 0.002 101.765 0.003
201612 -0.095 101.449 -0.124
201703 -0.113 102.634 -0.146
201706 -0.158 103.029 -0.203
201709 0.108 103.345 0.138
201712 0.006 103.345 0.008
201803 -0.023 105.004 -0.029
201806 0.242 105.557 0.303
201809 0.069 105.636 0.086
201812 0.164 105.399 0.206
201903 0.140 106.979 0.173
201906 0.140 107.690 0.172
201909 0.000 107.611 0.000
201912 0.004 107.769 0.005
202003 -0.011 107.927 -0.013
202006 0.014 108.401 0.017
202009 0.050 108.164 0.061
202012 0.068 108.559 0.083
202103 0.112 110.298 0.134
202106 0.091 111.720 0.108
202109 0.047 112.905 0.055
202112 0.032 113.774 0.037
202203 0.179 117.646 0.201
202206 0.158 120.806 0.173
202209 0.056 120.648 0.061
202212 0.038 120.964 0.042
202303 0.027 122.702 0.029
202306 0.052 124.203 0.055
202309 0.006 125.230 0.006
202312 0.034 125.072 0.036
202403 0.027 126.258 0.028
202406 0.021 127.522 0.022
202409 0.036 127.285 0.037
202412 0.039 127.364 0.040
202503 0.084 129.181 0.086
202506 0.151 129.892 0.154
202509 0.118 130.287 0.120
202512 0.170 130.366 0.172
202603 0.173 132.262 0.173

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 20.25 mean?
Goliath Resources (GOTRF) has a Cyclically Adjusted PB Ratio of 20.25 as of Sep. 08, 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 Goliath Resources and its competitors. According to the industry distribution chart, Goliath Resources ranks #1448 out of 1499 companies in the Metals & Mining industry, placing it in the top 96.6%.
Is Goliath Resources' Cyclically Adjusted PB Ratio too high?
Goliath Resources' current Cyclically Adjusted PB Ratio is 20.25. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.56. Goliath Resources' value of 20.25 is 1198.1% above this industry median. Based on the distribution chart, Goliath Resources ranks #1448 out of 1499 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Goliath Resources has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Goliath Resources' Cyclically Adjusted PB Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Goliath Resources ranks #1448 out of 1499 companies for Cyclically Adjusted PB Ratio. This places Goliath Resources in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Goliath Resources' value of 20.25 is 1198.1% 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 1.56, based on 1,499 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. Goliath Resources's current Cyclically Adjusted PB Ratio of 20.25 is 1198.1% 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 Goliath Resources 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. Goliath Resources's current Cyclically Adjusted PB Ratio is 20.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goliath Resources stock overvalued right now?
Goliath Resources (GOTRF) has a current Cyclically Adjusted PB Ratio of 20.25. The current Cyclically Adjusted PB Ratio is 20.25 and 1198.1% above the Metals & Mining industry median of 1.56. Goliath Resources' overall GF Score™ is 26/100 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 Goliath Resources (GOTRF), the current Cyclically Adjusted PB Ratio is 20.25 as of Sep. 08, 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.

Goliath Resources Business Description

Other Exchanges B4IF:GermanyGOT:Canada
Address 688 West Hastings Street, Suite 920, Vancouver, BC, CAN, V6B 1P1
Goliath Resources Ltd is principally engaged in mineral exploration in British Columbia and Quebec, Canada. Its core activities include the acquisition, exploration, and evaluation of mineral exploration and evaluation assets. Recently, the Company acquired four rare earth element (REE) properties in Quebec and is preparing to explore them. These properties include the Nelligan East Project and Nelligan West Project, located in the northeastern Chibougamau-Chapais Mining Camp within the Abitibi Greenstone Belt.
26GF 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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