Goldgroup Mining (MEX:GGA N) Cyclically Adjusted PB Ratio: 6.95 (As of Aug. 10, 2026) — 5692% Above Median

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MEX:GGA N Goldgroup Mining Inc MEX:GGA N
33 GF Score
Price MXN1.32
GF Value MXN0.20
! 6 Warning Signs
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What is Goldgroup Mining Cyclically Adjusted PB Ratio?

Goldgroup Mining MEX:GGA N 33 Cyclically Adjusted PB Ratio is 6.95 as of Aug. 10, 2026, which is 5692% above its 10-year median of 0.12. GuruFocus rates MEX:GGA N with a GF Score™ of 33/100 and a GF Value™ of MXN0.20. The stock has 6 warning signs investors should review. Among 1,528 Metals & Mining companies, Goldgroup Mining ranks worse than 74.67% on this metric.

As of today (2026-08-10), Goldgroup Mining's current share price is MXN1.32. Goldgroup Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN0.19. Goldgroup Mining's Cyclically Adjusted PB Ratio for today is 6.95.

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

MEX:GGA N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.12   Max: 9.57
Current: 4.31

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.

MEX:GGA N's Cyclically Adjusted PB Ratio is ranked worse than
74.67% of 1528 companies
in the Metals & Mining industry
Industry Median: 1.545 vs MEX:GGA N: 4.31

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 MXN-1.459. 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 MXN0.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Goldgroup Mining  (MEX:GGA N) 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

MEX:GGA N 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.


MEX:GGA N
33GF Score
Goldgroup Mining Inc MEX:GGA N
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
=1.32/0.19
=6.95

* 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)
=-1.459/132.2623*132.2623
=-1.459

Current CPI (Mar. 2026) = 132.2623.

Goldgroup Mining Quarterly Data

Book Value per Share CPI Adj_Book
201606 38.449 102.002 49.856
201609 47.174 101.765 61.312
201612 36.560 101.449 47.665
201703 34.599 102.634 44.587
201706 29.137 103.029 37.404
201709 28.955 103.345 37.057
201712 36.856 103.345 47.169
201803 33.411 105.004 42.084
201806 34.675 105.557 43.448
201809 27.407 105.636 34.315
201812 23.500 105.399 29.490
201903 21.188 106.979 26.195
201906 23.110 107.690 28.383
201909 11.483 107.611 14.113
201912 6.830 107.769 8.382
202003 7.681 107.927 9.413
202006 7.052 108.401 8.604
202009 0.884 108.164 1.081
202012 2.615 108.559 3.186
202103 1.178 110.298 1.413
202106 9.541 111.720 11.295
202109 4.539 112.905 5.317
202112 -0.817 113.774 -0.950
202203 -3.941 117.646 -4.431
202206 -6.203 120.806 -6.791
202209 -7.350 120.648 -8.058
202212 -8.729 120.964 -9.544
202303 -8.604 122.702 -9.274
202306 -20.206 124.203 -21.517
202309 -6.246 125.230 -6.597
202312 -5.226 125.072 -5.526
202403 -5.291 126.258 -5.543
202406 -5.188 127.522 -5.381
202409 -5.367 127.285 -5.577
202412 -6.881 127.364 -7.146
202503 -3.726 129.181 -3.815
202506 1.369 129.892 1.394
202509 1.304 130.287 1.324
202512 -3.734 130.366 -3.788
202603 -1.459 132.262 -1.459

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 6.95 mean?
Goldgroup Mining (MEX:GGA N) has a Cyclically Adjusted PB Ratio of 6.95 as of Aug. 10, 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 5692% 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 #1141 out of 1528 companies in the Metals & Mining industry, placing it in the top 74.7%.
Is Goldgroup Mining's Cyclically Adjusted PB Ratio too high?
Goldgroup Mining's current Cyclically Adjusted PB Ratio of 6.95 is 5692% 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 1.55. Goldgroup Mining's value of 6.95 is 349.8% above this industry median. Based on the distribution chart, Goldgroup Mining ranks #1141 out of 1528 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Goldgroup Mining has a GF Score™ of 33/100, 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 #1141 out of 1528 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 1.55. Goldgroup Mining's value of 6.95 is 349.8% 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 1.55, 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 1.55, based on 1,528 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 6.95 is 349.8% 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 1.55 — 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 6.95, which is 5692% 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?
Goldgroup Mining (MEX:GGA N) has a current Cyclically Adjusted PB Ratio of 6.95. The stock's GF Value™ is MXN0.20, compared to a current price of MXN1.32 — trading 560% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.95, which is 5692% above median its 10-year median of 0.12 and 349.8% above the Metals & Mining industry median of 1.55. Goldgroup Mining's overall GF Score™ is 33/100 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 (MEX:GGA N), the current Cyclically Adjusted PB Ratio is 6.95 as of Aug. 10, 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 (MEX:GGA N) Overvalued in 2026?

Based on GuruFocus' analysis, Goldgroup Mining stock appears to be overvalued. The current stock price of MXN1.32 is trading 560% above its estimated GF Value™ of MXN0.20.

Key valuation signals for MEX:GGA N:

  • Cyclically Adjusted PB Ratio: 6.95 (5692% above median its 10-year median of 0.12)
  • GF Value™: MXN0.20 vs. price of MXN1.32 (560% above fair value)
  • GF Score™: 33/100 with 6 warning signs
  • Industry Position: 349.8% above the Metals & Mining median (#1141 of 1528)

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


Goldgroup Mining Business Description

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.
33GF Score

Get the complete analysis for MEX:GGA N

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

MXN1.32
Price
MXN0.20
GF Value