Goldhills Holding (TSXV:GHL) Cyclically Adjusted PB Ratio: (As of Sep. 15, 2026)

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

What is Goldhills Holding Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Goldhills Holding  (TSXV:GHL) 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.


Goldhills Holding Cyclically Adjusted PB Ratio Related Terms


Goldhills Holding Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Goldhills Holding'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.

Goldhills Holding Cyclically Adjusted PB Ratio Chart

Goldhills Holding Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Goldhills Holding 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

Goldhills Holding Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Goldhills Holding'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.


Goldhills Holding Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Goldhills Holding 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.

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

For example, Goldhills Holding'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)
=-0.014/132.7364*132.7364
=-0.014

Current CPI (Apr. 2026) = 132.7364.

Goldhills Holding Quarterly Data

Book Value per Share CPI Adj_Book
201607 -0.266 101.844 -0.347
201610 -0.152 102.002 -0.198
201701 -0.212 102.318 -0.275
201704 0.109 103.029 0.140
201707 0.092 103.029 0.119
201710 0.064 103.424 0.082
201801 0.027 104.056 0.034
201804 -0.013 105.320 -0.016
201807 -0.047 106.110 -0.059
201810 -0.068 105.952 -0.085
201901 -0.094 105.557 -0.118
201904 -0.076 107.453 -0.094
201907 -0.049 108.243 -0.060
201910 -0.042 107.927 -0.052
202001 -0.046 108.085 -0.056
202004 -0.041 107.216 -0.051
202007 -0.028 108.401 -0.034
202010 -0.017 108.638 -0.021
202101 -0.023 109.192 -0.028
202104 -0.007 110.851 -0.008
202107 -0.001 112.431 -0.001
202110 -0.008 113.695 -0.009
202201 -0.012 114.801 -0.014
202204 0.108 118.357 0.121
202207 0.001 120.964 0.001
202210 -0.002 121.517 -0.002
202301 -0.008 121.596 -0.009
202304 -0.011 123.571 -0.012
202307 -0.018 124.914 -0.019
202310 -0.023 125.310 -0.024
202401 -0.027 125.072 -0.029
202404 -0.028 126.890 -0.029
202407 -0.013 128.075 -0.013
202410 -0.006 127.838 -0.006
202501 -0.007 127.443 -0.007
202504 -0.007 129.102 -0.007
202507 -0.012 130.290 -0.012
202510 -0.013 130.603 -0.013
202601 -0.014 130.366 -0.014
202604 -0.014 132.736 -0.014

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.


Goldhills Holding Business Description

Address 837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6
Goldhills Holding Ltd. is a Canada-based mineral exploration company operating in the exploration stage. The Company operates through a single segment focused on mineral exploration and evaluation activities. Its current exploration projects include the Lennac Lake Property, located in the Omineca Mining Division of British Columbia, Canada, and the Siguiri Property, located in Siguiri.