GPXM (Golden Phoenix Minerals) Cyclically Adjusted PB Ratio: (As of Aug. 19, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Golden Phoenix Minerals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Golden Phoenix Minerals  (OTCPK:GPXM) 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.


Golden Phoenix Minerals Cyclically Adjusted PB Ratio Related Terms


Golden Phoenix Minerals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Golden Phoenix Minerals'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.

Golden Phoenix Minerals Cyclically Adjusted PB Ratio Chart

Golden Phoenix Minerals Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
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Golden Phoenix Minerals Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 0.00 0.00 0.00 0.00 0.00

GPXM vs ECRTF, NOATF, WRPSF: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Golden Phoenix Minerals'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.


Golden Phoenix Minerals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Golden Phoenix Minerals 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.

Golden Phoenix Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2016 is calculated as:

For example, Golden Phoenix Minerals's adjusted Book Value per Share data for the three months ended in Mar. 2016 was:

Adj_Book=Book Value per Share/CPI of Mar. 2016 (Change)*Current CPI (Mar. 2016)
=-0.002/238.1320*238.1320
=-0.002

Current CPI (Mar. 2016) = 238.1320.

Golden Phoenix Minerals Quarterly Data

Book Value per Share CPI Adj_Book
200606 -0.047 202.900 -0.055
200609 -0.042 202.900 -0.049
200612 -0.033 201.800 -0.039
200703 -0.027 205.352 -0.031
200706 0.013 208.352 0.015
200709 0.007 208.490 0.008
200712 0.001 210.036 0.001
200803 -0.003 213.528 -0.003
200806 -0.004 218.815 -0.004
200809 -0.015 218.783 -0.016
200812 -0.022 210.228 -0.025
200903 -0.021 212.709 -0.024
200906 -0.026 215.693 -0.029
200909 -0.027 215.969 -0.030
200912 -0.028 215.949 -0.031
201003 0.014 217.631 0.015
201006 0.006 217.965 0.007
201009 -0.003 218.439 -0.003
201012 0.002 219.179 0.002
201103 -0.002 223.467 -0.002
201106 -0.003 225.722 -0.003
201109 -0.009 226.889 -0.009
201112 -0.022 225.672 -0.023
201203 -0.024 229.392 -0.025
201206 -0.008 229.478 -0.008
201209 -0.007 231.407 -0.007
201212 -0.009 229.601 -0.009
201303 -0.009 232.773 -0.009
201306 -0.009 233.504 -0.009
201309 -0.010 234.149 -0.010
201312 -0.010 233.049 -0.010
201403 -0.008 236.293 -0.008
201406 -0.002 238.343 -0.002
201409 -0.003 238.031 -0.003
201412 -0.003 234.812 -0.003
201503 -0.003 236.119 -0.003
201506 -0.003 238.638 -0.003
201509 -0.002 237.945 -0.002
201512 -0.002 236.525 -0.002
201603 -0.002 238.132 -0.002

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.


Golden Phoenix Minerals Business Description

Address 125 East Main Street, Suite 602, American Fork, UT, USA, 84003
Golden Phoenix Minerals Inc is a mining and exploration company. Its property holdings are located in the Silver peak mining district near Tonopah, Nevada. The company seeks to maximize the value of its assets through exploration, joint ventures, and mineral royalties. It operates in the United States of America.