Liberty Gold (TSX:LGD) Cyclically Adjusted PB Ratio: 6.14 (As of Jul. 26, 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSX:LGD Liberty Gold Corp TSX:LGD
33 GF Score
Price C$1.35
! 1 Warning Sign
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What is Liberty Gold Cyclically Adjusted PB Ratio?

Liberty Gold TSX:LGD -2.17% 33 Cyclically Adjusted PB Ratio is 6.14 as of Jul. 26, 2026. GuruFocus rates TSX:LGD with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 1,540 Metals & Mining companies, Liberty Gold ranks worse than 84.68% on this metric.

As of today (2026-07-26), Liberty Gold's current share price is C$1.35. Liberty Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.22. Liberty Gold's Cyclically Adjusted PB Ratio for today is 6.14.

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

TSX:LGD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6.14
Current: 6.14

During the past years, Liberty Gold's highest Cyclically Adjusted PB Ratio was 6.14. The lowest was 0.00. And the median was 0.00.

TSX:LGD's Cyclically Adjusted PB Ratio is ranked worse than
84.68% of 1540 companies
in the Metals & Mining industry
Industry Median: 1.41 vs TSX:LGD: 6.14

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.

Liberty Gold's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.092. 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$0.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Liberty Gold  (TSX:LGD) 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.


Liberty Gold Cyclically Adjusted PB Ratio Related Terms


Liberty Gold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Liberty Gold'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.

Liberty Gold Cyclically Adjusted PB Ratio Chart

Liberty Gold 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 1.88 1.15 0.75 0.82 3.47

Liberty Gold 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 1.15 1.19 2.55 3.47 5.32

TSX:LGD vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Liberty Gold'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.


Liberty Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSX:LGD
33GF Score
Liberty Gold Corp TSX:LGD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Liberty Gold 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.

Liberty Gold's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.35/0.22
=6.14

* 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.

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

For example, Liberty Gold'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)
=0.092/132.2623*132.2623
=0.092

Current CPI (Mar. 2026) = 132.2623.

Liberty Gold Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.739 102.002 0.958
201609 0.744 101.765 0.967
201612 0.265 101.449 0.345
201703 0.244 102.634 0.314
201706 0.217 103.029 0.279
201709 0.175 103.345 0.224
201712 0.160 103.345 0.205
201803 0.181 105.004 0.228
201806 0.159 105.557 0.199
201809 0.133 105.636 0.167
201812 0.157 105.399 0.197
201903 0.149 106.979 0.184
201906 0.130 107.690 0.160
201909 0.160 107.611 0.197
201912 0.144 107.769 0.177
202003 0.157 107.927 0.192
202006 0.149 108.401 0.182
202009 0.222 108.164 0.271
202012 0.221 108.559 0.269
202103 0.210 110.298 0.252
202106 0.182 111.720 0.215
202109 0.165 112.905 0.193
202112 0.146 113.774 0.170
202203 0.197 117.646 0.221
202206 0.208 120.806 0.228
202209 0.184 120.648 0.202
202212 0.166 120.964 0.182
202303 0.150 122.702 0.162
202306 0.127 124.203 0.135
202309 0.124 125.230 0.131
202312 0.107 125.072 0.113
202403 0.099 126.258 0.104
202406 0.112 127.522 0.116
202409 0.092 127.285 0.096
202412 0.078 127.364 0.081
202503 0.071 129.181 0.073
202506 0.092 129.892 0.094
202509 0.123 130.287 0.125
202512 0.101 130.366 0.102
202603 0.092 132.262 0.092

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 6.14 mean?
Liberty Gold (TSX:LGD) has a Cyclically Adjusted PB Ratio of 6.14 as of Jul. 26, 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 Liberty Gold and its competitors. According to the industry distribution chart, Liberty Gold ranks #1304 out of 1540 companies in the Metals & Mining industry, placing it in the top 84.7%.
Is Liberty Gold's Cyclically Adjusted PB Ratio too high?
Liberty Gold's current Cyclically Adjusted PB Ratio is 6.14. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.41. Liberty Gold's value of 6.14 is 335.5% above this industry median. Based on the distribution chart, Liberty Gold ranks #1304 out of 1540 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Liberty Gold has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Liberty Gold's Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Liberty Gold ranks #1304 out of 1540 companies for Cyclically Adjusted PB Ratio. This places Liberty Gold in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.41. Liberty Gold's value of 6.14 is 335.5% 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 1.41, based on 1,540 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. Liberty Gold's current Cyclically Adjusted PB Ratio of 6.14 is 335.5% 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 Liberty Gold and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liberty Gold's current Cyclically Adjusted PB Ratio is 6.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liberty Gold stock overvalued right now?
Liberty Gold (TSX:LGD) has a current Cyclically Adjusted PB Ratio of 6.14. The current Cyclically Adjusted PB Ratio is 6.14 and 335.5% above the Metals & Mining industry median of 1.41. Liberty Gold'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 Liberty Gold (TSX:LGD), the current Cyclically Adjusted PB Ratio is 6.14 as of Jul. 26, 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.

Liberty Gold Business Description

Other Exchanges LGDTF:USA0V46:UKPGW:Germany
Address 815 West Hastings Street, Suite 610, Vancouver, BC, CAN, V6C 1B4
Liberty Gold Corp is a development and exploration stage business engaged in the acquisition, exploration, and development of mineral properties located mainly in the United States of America. The company has its operations in the geographic locations of Canada and the USA. Its projects include the Black Pine project, Goldstrike, TV Tower, and others.
33GF Score

Get the complete analysis for TSX:LGD

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

C$1.35
Price