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China Gold International Resources (TSX:CGG) Cyclically Adjusted PB Ratio : 1.71 (As of May. 22, 2025)


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What is China Gold International Resources Cyclically Adjusted PB Ratio?

As of today (2025-05-22), China Gold International Resources's current share price is C$10.45. China Gold International Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$6.11. China Gold International Resources's Cyclically Adjusted PB Ratio for today is 1.71.

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

TSX:CGG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.79   Max: 1.67
Current: 1.67

During the past years, China Gold International Resources's highest Cyclically Adjusted PB Ratio was 1.67. The lowest was 0.10. And the median was 0.79.

TSX:CGG's Cyclically Adjusted PB Ratio is ranked worse than
64.62% of 1532 companies
in the Metals & Mining industry
Industry Median: 0.95 vs TSX:CGG: 1.67

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.

China Gold International Resources's adjusted book value per share data for the three months ended in Mar. 2025 was C$6.712. 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 C$6.11 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Gold International Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for China Gold International 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.

* Premium members only.

China Gold International Resources Cyclically Adjusted PB Ratio Chart

China Gold International Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.68 0.71 0.96 1.24

China Gold International Resources Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.47 1.50 1.04 1.24 1.64

Competitive Comparison of China Gold International Resources's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, China Gold International 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.


China Gold International Resources's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Gold International Resources's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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China Gold International 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.

China Gold International Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.45/6.11
=1.71

* 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.

China Gold International Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, China Gold International Resources's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=6.712/129.1809*129.1809
=6.712

Current CPI (Mar. 2025) = 129.1809.

China Gold International Resources Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.584 100.500 5.892
201509 4.860 100.421 6.252
201512 4.961 99.947 6.412
201603 4.776 101.054 6.105
201606 4.602 102.002 5.828
201609 4.697 101.765 5.962
201612 4.733 101.449 6.027
201703 4.776 102.634 6.011
201706 4.817 103.029 6.040
201709 4.545 103.345 5.681
201712 4.817 103.345 6.021
201803 4.943 105.004 6.081
201806 4.944 105.557 6.050
201809 4.853 105.636 5.935
201812 4.997 105.399 6.125
201903 4.983 106.979 6.017
201906 4.836 107.690 5.801
201909 4.789 107.611 5.749
201912 4.768 107.769 5.715
202003 4.997 107.927 5.981
202006 4.914 108.401 5.856
202009 5.003 108.164 5.975
202012 5.101 108.559 6.070
202103 5.021 110.298 5.881
202106 5.251 111.720 6.072
202109 5.601 112.905 6.408
202112 5.864 113.774 6.658
202203 5.742 117.646 6.305
202206 5.910 120.806 6.320
202209 6.081 120.648 6.511
202212 6.456 120.964 6.895
202303 6.292 122.702 6.624
202306 5.796 124.203 6.028
202309 5.853 125.230 6.038
202312 5.777 125.072 5.967
202403 5.778 126.258 5.912
202406 5.831 127.522 5.907
202409 5.879 127.285 5.967
202412 6.334 127.364 6.424
202503 6.712 129.181 6.712

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.


China Gold International Resources  (TSX:CGG) 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.


China Gold International Resources Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of China Gold International Resources's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


China Gold International Resources Business Description

Traded in Other Exchanges
Address
505 Burrard Street, Suite 660, One Bentall Centre, Vancouver, BC, CAN, V7X 1M4
China Gold International Resources Corp Ltd is a company engaged in acquiring, developing, and mining mineral reserves in China. The company operates two mines in China: the CSH Mine, which produces gold, and the Jiama Mine, which produces gold and copper. While the majority of the company's revenue is derived from gold mining, a portion of sales still results from copper production. The vast majority of the company's gold output is sold to China National Gold Corporation and its subsidiaries.
Executives
China National Gold Group Hong Kong Limited 10% Security Holder

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