Canadian Goldfields Discovery (TSXV:CGM) Cyclically Adjusted PB Ratio: (As of Sep. 09, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

TSXV:CGM Canadian Goldfields Discovery Corp TSXV:CGM
28 GF Score
Price C$0.20
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What is Canadian Goldfields Discovery Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Canadian Goldfields Discovery  (TSXV:CGM) 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.


Canadian Goldfields Discovery Cyclically Adjusted PB Ratio Related Terms


Canadian Goldfields Discovery Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Canadian Goldfields Discovery'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.

Canadian Goldfields Discovery Cyclically Adjusted PB Ratio Chart

Canadian Goldfields Discovery Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
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Canadian Goldfields Discovery Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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

Canadian Goldfields Discovery Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Canadian Goldfields Discovery'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.


Canadian Goldfields Discovery Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:CGM
28GF Score
Canadian Goldfields Discovery Corp TSXV:CGM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Goldfields Discovery 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.

Canadian Goldfields Discovery's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Canadian Goldfields Discovery's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.072/132.7364*132.7364
=0.072

Current CPI (Apr. 2026) = 132.7364.

Canadian Goldfields Discovery Quarterly Data

Book Value per Share CPI Adj_Book
201607 -12.306 101.844 -16.039
201610 -8.954 102.002 -11.652
201701 0.000 102.318 0.000
201704 -10.318 103.029 -13.293
201707 -10.315 103.029 -13.289
201710 0.000 103.424 0.000
201801 -0.068 104.056 -0.087
201804 0.242 105.320 0.305
201807 0.133 106.110 0.166
201810 -0.058 105.952 -0.073
201901 -0.160 105.557 -0.201
201904 -0.237 107.453 -0.293
201907 -0.279 108.243 -0.342
201910 -0.315 107.927 -0.387
202001 -0.337 108.085 -0.414
202004 -0.370 107.216 -0.458
202007 -0.377 108.401 -0.462
202010 -0.263 108.638 -0.321
202101 -0.278 109.192 -0.338
202104 -0.286 110.851 -0.342
202107 -0.286 112.431 -0.338
202110 -0.286 113.695 -0.334
202201 -0.279 114.801 -0.323
202204 -0.286 118.357 -0.321
202207 -0.289 120.964 -0.317
202210 -0.291 121.517 -0.318
202301 0.014 121.596 0.015
202304 0.010 123.571 0.011
202307 0.007 124.914 0.007
202310 0.006 125.310 0.006
202401 0.004 125.072 0.004
202404 0.003 126.890 0.003
202407 0.003 128.075 0.003
202410 0.002 127.838 0.002
202501 0.001 127.443 0.001
202504 0.000 129.102 0.000
202507 -0.001 130.290 -0.001
202510 -0.002 130.603 -0.002
202601 0.002 130.366 0.002
202604 0.072 132.736 0.072

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.


Canadian Goldfields Discovery Business Description

Other Exchanges CGMXF:USA3TI:Germany
Address 1090 West Georgia Street, Suite 488, Vancouver, BC, CAN, V6E 3V7
Canadian Goldfields Discovery Corp is a Canadian mineral exploration company focused on advancing the high-grade, district-scale Miminiska Gold Project located in northwestern Ontario.
28GF 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.

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