Granada Gold Mine (TSXV:GGM) Cyclically Adjusted PB Ratio: (As of Aug. 01, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is Granada Gold Mine Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Granada Gold Mine  (TSXV:GGM) 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.


Granada Gold Mine Cyclically Adjusted PB Ratio Related Terms


Granada Gold Mine Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Granada Gold Mine'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.

Granada Gold Mine Cyclically Adjusted PB Ratio Chart

Granada Gold Mine Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
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Granada Gold Mine Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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

TSXV:GGM vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Granada Gold Mine'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.


Granada Gold Mine Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Granada Gold Mine 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.

Granada Gold Mine's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Granada Gold Mine's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-0.088/130.3661*130.3661
=-0.088

Current CPI (Dec. 2025) = 130.3661.

Granada Gold Mine Quarterly Data

Book Value per Share CPI Adj_Book
201603 -0.068 101.054 -0.088
201606 -0.067 102.002 -0.086
201609 -0.065 101.765 -0.083
201612 -0.041 101.449 -0.053
201703 -0.026 102.634 -0.033
201706 -0.058 103.029 -0.073
201709 -0.067 103.345 -0.085
201712 -0.013 103.345 -0.016
201803 -0.042 105.004 -0.052
201806 -0.024 105.557 -0.030
201809 -0.033 105.636 -0.041
201812 -0.040 105.399 -0.049
201903 -0.077 106.979 -0.094
201906 -0.087 107.690 -0.105
201909 -0.071 107.611 -0.086
201912 -0.078 107.769 -0.094
202003 -0.078 107.927 -0.094
202006 -0.077 108.401 -0.093
202009 -0.052 108.164 -0.063
202012 -0.057 108.559 -0.068
202103 -0.050 110.298 -0.059
202106 -0.046 111.720 -0.054
202109 -0.049 112.905 -0.057
202112 -0.052 113.774 -0.060
202203 -0.055 117.646 -0.061
202206 -0.050 120.806 -0.054
202209 -0.055 120.648 -0.059
202212 -0.060 120.964 -0.065
202303 -0.064 122.702 -0.068
202306 -0.067 124.203 -0.070
202309 -0.066 125.230 -0.069
202312 -0.069 125.072 -0.072
202403 -0.071 126.258 -0.073
202406 -0.077 127.522 -0.079
202409 -0.079 127.285 -0.081
202412 -0.077 127.364 -0.079
202503 -0.080 129.181 -0.081
202506 -0.083 129.892 -0.083
202509 -0.085 130.287 -0.085
202512 -0.088 130.366 -0.088

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.


Granada Gold Mine Business Description

Other Exchanges GBBFF:USAB6DA:Germany
Address 3028 Quadra Court, Coquitlam, BC, CAN, V3B 5X6
Granada Gold Mine Inc is a Canada-based company involved in the industrial metals and mining business sector. The company is a junior natural resource company, which is engaged in the acquisition, exploration, and development of mineral property interests. It operates in the Granada Gold project.