Goliath Resources (STU:B4IF) Cyclically Adjusted PB Ratio: 17.36 (As of Aug. 04, 2026)

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STU:B4IF Goliath Resources Ltd STU:B4IF
37 GF Score
Price €0.87
! 1 Warning Sign
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What is Goliath Resources Cyclically Adjusted PB Ratio?

Goliath Resources STU:B4IF -3.60% 37 Cyclically Adjusted PB Ratio is 17.36 as of Aug. 04, 2026. GuruFocus rates STU:B4IF with a GF Score™ of 37/100. The stock has 1 warning sign investors should review. Among 1,535 Metals & Mining companies, Goliath Resources ranks worse than 96.29% on this metric.

As of today (2026-08-04), Goliath Resources's current share price is €0.868. Goliath Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.05. Goliath Resources's Cyclically Adjusted PB Ratio for today is 17.36.

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

STU:B4IF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 17.02
Current: 17.02

During the past years, Goliath Resources's highest Cyclically Adjusted PB Ratio was 17.02. The lowest was 0.00. And the median was 0.00.

STU:B4IF's Cyclically Adjusted PB Ratio is ranked worse than
96.29% of 1535 companies
in the Metals & Mining industry
Industry Median: 1.4 vs STU:B4IF: 17.02

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 €0.149. 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 €0.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Goliath Resources  (STU:B4IF) 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

STU:B4IF 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.


STU:B4IF
37GF Score
Goliath Resources Ltd STU:B4IF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=0.868/0.05
=17.36

* 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)
=0.149/132.2623*132.2623
=0.149

Current CPI (Mar. 2026) = 132.2623.

Goliath Resources Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.011 102.002 0.014
201609 0.002 101.765 0.003
201612 -0.090 101.449 -0.117
201703 -0.106 102.634 -0.137
201706 -0.140 103.029 -0.180
201709 0.091 103.345 0.116
201712 0.005 103.345 0.006
201803 -0.019 105.004 -0.024
201806 0.208 105.557 0.261
201809 0.059 105.636 0.074
201812 0.144 105.399 0.181
201903 0.124 106.979 0.153
201906 0.124 107.690 0.152
201909 0.000 107.611 0.000
201912 0.003 107.769 0.004
202003 -0.010 107.927 -0.012
202006 0.012 108.401 0.015
202009 0.042 108.164 0.051
202012 0.056 108.559 0.068
202103 0.094 110.298 0.113
202106 0.076 111.720 0.090
202109 0.040 112.905 0.047
202112 0.028 113.774 0.033
202203 0.163 117.646 0.183
202206 0.150 120.806 0.164
202209 0.057 120.648 0.062
202212 0.036 120.964 0.039
202303 0.025 122.702 0.027
202306 0.048 124.203 0.051
202309 0.006 125.230 0.006
202312 0.032 125.072 0.034
202403 0.025 126.258 0.026
202406 0.019 127.522 0.020
202409 0.032 127.285 0.033
202412 0.037 127.364 0.038
202503 0.078 129.181 0.080
202506 0.131 129.892 0.133
202509 0.101 130.287 0.103
202512 0.145 130.366 0.147
202603 0.149 132.262 0.149

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 17.36 mean?
Goliath Resources (STU:B4IF) has a Cyclically Adjusted PB Ratio of 17.36 as of Aug. 04, 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 #1478 out of 1535 companies in the Metals & Mining industry, placing it in the top 96.3%.
Is Goliath Resources' Cyclically Adjusted PB Ratio too high?
Goliath Resources' current Cyclically Adjusted PB Ratio is 17.36. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. Goliath Resources' value of 17.36 is 1140% above this industry median. Based on the distribution chart, Goliath Resources ranks #1478 out of 1535 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Goliath Resources has a GF Score™ of 37/100, 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 #1478 out of 1535 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 1.40. Goliath Resources' value of 17.36 is 1140% 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 1.40, based on 1,535 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 17.36 is 1140% 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 1.40 — 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 17.36. 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 (STU:B4IF) has a current Cyclically Adjusted PB Ratio of 17.36. The current Cyclically Adjusted PB Ratio is 17.36 and 1140% above the Metals & Mining industry median of 1.40. Goliath Resources' overall GF Score™ is 37/100 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 (STU:B4IF), the current Cyclically Adjusted PB Ratio is 17.36 as of Aug. 04, 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 GOTRF:USAGOT: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.
37GF 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.

€0.87
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