Freegold (TSX:FVL) Cyclically Adjusted PB Ratio: 2.73 (As of Jul. 17, 2026)

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TSX:FVL Freegold Ltd TSX:FVL
33 GF Score
Price C$0.90
! 1 Warning Sign
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What is Freegold Cyclically Adjusted PB Ratio?

Freegold TSX:FVL -7.22% 33 Cyclically Adjusted PB Ratio is 2.73 as of Jul. 17, 2026. GuruFocus rates TSX:FVL with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 1,547 Metals & Mining companies, Freegold ranks worse than 68.39% on this metric.

As of today (2026-07-17), Freegold's current share price is C$0.90. Freegold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.33. Freegold's Cyclically Adjusted PB Ratio for today is 2.73.

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

TSX:FVL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.15
Current: 3.15

During the past years, Freegold's highest Cyclically Adjusted PB Ratio was 3.15. The lowest was 0.00. And the median was 0.00.

TSX:FVL's Cyclically Adjusted PB Ratio is ranked worse than
68.39% of 1547 companies
in the Metals & Mining industry
Industry Median: 1.42 vs TSX:FVL: 3.15

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.

Freegold's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.393. 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$0.33 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Freegold  (TSX:FVL) 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.


Freegold Cyclically Adjusted PB Ratio Related Terms


Freegold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Freegold'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.

Freegold Cyclically Adjusted PB Ratio Chart

Freegold 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 0.96 1.18 1.43 2.10 4.87

Freegold 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 2.56 3.70 4.27 4.87 3.46

Freegold Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Freegold'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.


Freegold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSX:FVL
33GF Score
Freegold Ltd TSX:FVL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Freegold 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.

Freegold's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.90/0.33
=2.73

* 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.

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

For example, Freegold'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)
=0.393/132.2623*132.2623
=0.393

Current CPI (Mar. 2026) = 132.2623.

Freegold Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.311 102.002 0.403
201609 0.315 101.765 0.409
201612 0.321 101.449 0.419
201703 0.320 102.634 0.412
201706 0.315 103.029 0.404
201709 0.262 103.345 0.335
201712 0.270 103.345 0.346
201803 0.272 105.004 0.343
201806 0.274 105.557 0.343
201809 0.274 105.636 0.343
201812 0.264 105.399 0.331
201903 0.261 106.979 0.323
201906 0.258 107.690 0.317
201909 0.229 107.611 0.281
201912 0.228 107.769 0.280
202003 0.241 107.927 0.295
202006 0.221 108.401 0.270
202009 0.290 108.164 0.355
202012 0.281 108.559 0.342
202103 0.276 110.298 0.331
202106 0.268 111.720 0.317
202109 0.275 112.905 0.322
202112 0.279 113.774 0.324
202203 0.275 117.646 0.309
202206 0.276 120.806 0.302
202209 0.277 120.648 0.304
202212 0.282 120.964 0.308
202303 0.292 122.702 0.315
202306 0.286 124.203 0.305
202309 0.289 125.230 0.305
202312 0.285 125.072 0.301
202403 0.291 126.258 0.305
202406 0.293 127.522 0.304
202409 0.296 127.285 0.308
202412 0.313 127.364 0.325
202503 0.320 129.181 0.328
202506 0.350 129.892 0.356
202509 0.353 130.287 0.358
202512 0.336 130.366 0.341
202603 0.393 132.262 0.393

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 2.73 mean?
Freegold (TSX:FVL) has a Cyclically Adjusted PB Ratio of 2.73 as of Jul. 17, 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 Freegold and its competitors. According to the industry distribution chart, Freegold ranks #1058 out of 1547 companies in the Metals & Mining industry, placing it in the top 68.4%.
Is Freegold's Cyclically Adjusted PB Ratio too high?
Freegold's current Cyclically Adjusted PB Ratio is 2.73. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.42. Freegold's value of 2.73 is 92.3% above this industry median. Based on the distribution chart, Freegold ranks #1058 out of 1547 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Freegold has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Freegold's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Freegold ranks #1058 out of 1547 companies for Cyclically Adjusted PB Ratio. This places Freegold in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.42. Freegold's value of 2.73 is 92.3% 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 1.42, based on 1,547 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. Freegold's current Cyclically Adjusted PB Ratio of 2.73 is 92.3% 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 Freegold and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freegold's current Cyclically Adjusted PB Ratio is 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freegold stock overvalued right now?
Freegold (TSX:FVL) has a current Cyclically Adjusted PB Ratio of 2.73. The current Cyclically Adjusted PB Ratio is 2.73 and 92.3% above the Metals & Mining industry median of 1.42. Freegold's overall GF Score™ is 33/100 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 Freegold (TSX:FVL), the current Cyclically Adjusted PB Ratio is 2.73 as of Jul. 17, 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.

Freegold Business Description

Other Exchanges FGOVF:USAFR4N:Germany
Address 700 West Georgia Street, Suite 888, P.O. Box 10351, Vancouver, BC, CAN, V7Y 1G5
Freegold Ventures Ltd is an exploration-stage company. It is engaged in the process of acquiring, exploring, and developing precious and base metal properties. The company's projects include Golden Summit and Shorty Creek in Alaska. It operates in one segment, which is in the mineral property exploration sector. The company operates in two geographical locations, the USA and Canada.
33GF 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.

C$0.90
Price