SGQRF (Southgobi Resources) Cyclically Adjusted PB Ratio: (As of Aug. 08, 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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Charlie Tian
Charlie Tian
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.

SGQRF Southgobi Resources Ltd SGQRF
60 GF Score
Price $0.28
GF Value $0.63
! 7 Warning Signs
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What is Southgobi Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Southgobi Resources  (OTCPK:SGQRF) 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.


Southgobi Resources Cyclically Adjusted PB Ratio Related Terms


Southgobi Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Southgobi 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.

Southgobi Resources Cyclically Adjusted PB Ratio Chart

Southgobi Resources 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 0.15 0.24 2.09 0.00 0.00

Southgobi 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 0.00 0.00 0.00 0.00 0.00

Southgobi Resources Cyclically Adjusted PB Ratio Competitor Comparison

For the Thermal Coal subindustry, Southgobi 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.


Southgobi Resources Cyclically Adjusted PB Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Southgobi Resources's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SGQRF
60GF Score
Southgobi Resources Ltd SGQRF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Southgobi 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.

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

For example, Southgobi 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)
=-0.797/121.4731*121.4731
=-0.797

Current CPI (Mar. 2026) = 121.4731.

Southgobi Resources Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.299 101.686 0.357
201609 0.252 102.565 0.298
201612 0.160 103.225 0.188
201703 0.149 103.335 0.175
201706 0.127 103.664 0.149
201709 0.088 103.994 0.103
201712 0.029 104.984 0.034
201803 0.009 105.973 0.010
201806 -0.085 106.193 -0.097
201809 -0.126 106.852 -0.143
201812 -0.177 107.622 -0.200
201903 -0.169 108.172 -0.190
201906 -0.164 109.601 -0.182
201909 -0.159 110.260 -0.175
201912 -0.180 110.700 -0.198
202003 -0.223 110.920 -0.244
202006 -0.267 110.590 -0.293
202009 -0.269 107.512 -0.304
202012 -0.280 109.711 -0.310
202103 -0.233 111.579 -0.254
202106 -0.258 111.360 -0.281
202109 -0.289 109.051 -0.322
202112 -0.330 112.349 -0.357
202203 -0.386 113.558 -0.413
202206 -0.442 113.448 -0.473
202209 -0.500 113.778 -0.534
202212 -0.483 114.548 -0.512
202303 -0.465 115.427 -0.489
202306 -0.662 115.647 -0.695
202309 -0.568 116.087 -0.594
202312 -0.479 117.296 -0.496
202403 -0.429 117.735 -0.443
202406 -0.436 117.296 -0.452
202409 -0.404 118.615 -0.414
202412 -0.168 118.945 -0.172
202503 -0.271 119.384 -0.276
202506 -0.365 119.055 -0.372
202509 -0.392 119.934 -0.397
202512 -0.766 120.704 -0.771
202603 -0.797 121.473 -0.797

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.

Is Southgobi Resources (SGQRF) Overvalued in 2026?

Based on GuruFocus' analysis, Southgobi Resources stock appears to be undervalued. The current stock price of $0.28 is trading 55.6% below its estimated GF Value™ of $0.63.

Key valuation signals for SGQRF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $0.63 vs. price of $0.28 (55.6% below fair value)
  • GF Score™: 60/100 with 7 warning signs

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


Southgobi Resources Business Description

Other Exchanges 01878:Hong KongSGQ:Canada
Address Tower 1, 193 Prince Edward Road. West, Grand Centurey Tower, Units 1208-10, Mongkok, Corporate Department, Kowloon, HKG, V6C 2G8
Southgobi Resources Ltd together with its subsidiaries is an integrated coal mining, development, and exploration company. Its reportable operating segment is its Coal Division which is principally engaged in coal mining, development, and exploration in Mongolia and logistics and trading of coal in Mongolia and China. The company also holds the mining and exploration licenses of other metallurgical and thermal coal deposits in the South Gobi Province of Mongolia. The company owns the following operating coal mine and coal projects in Mongolia: the Ovoot Tolgoi Mine, Zag Suuj Project, and the Soumber Project.
60GF Score

Get the complete analysis for SGQRF

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

$0.28
Price
$0.63
GF Value