MHIFF (Gold Strategy) Cyclically Adjusted PB Ratio: (As of Jul. 15, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

MHIFF Gold Strategy Inc MHIFF
28 GF Score
Price $1.23
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What is Gold Strategy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gold Strategy  (OTCPK:MHIFF) 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.


Gold Strategy Cyclically Adjusted PB Ratio Related Terms


Gold Strategy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gold Strategy'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.

Gold Strategy Cyclically Adjusted PB Ratio Chart

Gold Strategy 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 0.00 0.00 0.00 0.00 0.00

Gold Strategy 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 0.00 0.00 0.00 0.00 0.00

MHIFF vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Gold Strategy'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.


Gold Strategy Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Gold Strategy's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MHIFF
28GF Score
Gold Strategy Inc MHIFF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gold Strategy 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.

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

For example, Gold Strategy'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)
=-0.037/132.2623*132.2623
=-0.037

Current CPI (Mar. 2026) = 132.2623.

Gold Strategy Quarterly Data

Book Value per Share CPI Adj_Book
201606 -1.826 102.002 -2.368
201609 -1.817 101.765 -2.362
201612 -1.905 101.449 -2.484
201703 -1.921 102.634 -2.476
201706 -2.020 103.029 -2.593
201709 -2.240 103.345 -2.867
201712 -2.238 103.345 -2.864
201803 -2.220 105.004 -2.796
201806 -2.282 105.557 -2.859
201809 -2.407 105.636 -3.014
201812 -0.492 105.399 -0.617
201903 -0.492 106.979 -0.608
201906 -0.471 107.690 -0.578
201909 -0.476 107.611 -0.585
201912 -0.473 107.769 -0.580
202003 1.619 107.927 1.984
202006 -0.443 108.401 -0.541
202009 -0.470 108.164 -0.575
202012 -0.468 108.559 -0.570
202103 -0.512 110.298 -0.614
202106 -0.208 111.720 -0.246
202109 0.013 112.905 0.015
202112 0.001 113.774 0.001
202203 -0.030 117.646 -0.034
202206 -0.041 120.806 -0.045
202209 -0.043 120.648 -0.047
202212 0.079 120.964 0.086
202303 0.053 122.702 0.057
202306 0.035 124.203 0.037
202309 0.033 125.230 0.035
202312 0.034 125.072 0.036
202403 0.008 126.258 0.008
202406 0.001 127.522 0.001
202409 -0.013 127.285 -0.014
202412 -0.121 127.364 -0.126
202503 -0.144 129.181 -0.147
202506 -0.168 129.892 -0.171
202509 -0.172 130.287 -0.175
202512 0.008 130.366 0.008
202603 -0.037 132.262 -0.037

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.


Gold Strategy Business Description

Other Exchanges XY7:GermanyGST:Canada
Address 422 Richards Street, Suite 170, Vancouver, BC, CAN, V6B 2Z4
Gold Strategy Inc is engaged in the acquisition and exploration of mineral properties in Canada. It holds a small percentage of royalty interest in the Chubb and International Lithium Claims and the Canadian and McNeely Lithium Property in Quebec, Canada. Additionally, the company holds an option agreement to acquire the Apex Claims and Ace Claims in British Columbia.
28GF 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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