GoldQuest Mining (TSXV:GQC) Cyclically Adjusted PB Ratio: 12.13 (As of Aug. 26, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:GQC GoldQuest Mining Corp TSXV:GQC
26 GF Score
Price C$0.97
! 1 Warning Sign
View Full Analysis

What is GoldQuest Mining Cyclically Adjusted PB Ratio?

GoldQuest Mining TSXV:GQC -1.02% 26 Cyclically Adjusted PB Ratio is 12.13 as of Aug. 26, 2026. GuruFocus rates TSXV:GQC with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 1,516 Metals & Mining companies, GoldQuest Mining ranks worse than 92.81% on this metric.

As of today (2026-08-26), GoldQuest Mining's current share price is C$0.97. GoldQuest Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.08. GoldQuest Mining's Cyclically Adjusted PB Ratio for today is 12.13.

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

TSXV:GQC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 12.89
Current: 12.89

During the past years, GoldQuest Mining's highest Cyclically Adjusted PB Ratio was 12.89. The lowest was 0.00. And the median was 0.00.

TSXV:GQC's Cyclically Adjusted PB Ratio is ranked worse than
92.81% of 1516 companies
in the Metals & Mining industry
Industry Median: 1.56 vs TSXV:GQC: 12.89

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.

GoldQuest Mining's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.143. 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$0.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GoldQuest Mining  (TSXV:GQC) 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.


GoldQuest Mining Cyclically Adjusted PB Ratio Related Terms


GoldQuest Mining Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GoldQuest Mining'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.

GoldQuest Mining Cyclically Adjusted PB Ratio Chart

GoldQuest Mining 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 1.67 1.91 1.38 4.02 23.35

GoldQuest Mining 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 6.59 11.99 14.76 23.35 30.91

GoldQuest Mining Cyclically Adjusted PB Ratio Competitor Comparison

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


GoldQuest Mining Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:GQC
26GF Score
GoldQuest Mining Corp TSXV:GQC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GoldQuest Mining 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.

GoldQuest Mining's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.97/0.08
=12.13

* 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.

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

For example, GoldQuest Mining'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)
=0.143/132.2623*132.2623
=0.143

Current CPI (Mar. 2026) = 132.2623.

GoldQuest Mining Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.051 102.002 0.066
201609 0.044 101.765 0.057
201612 0.035 101.449 0.046
201703 0.113 102.634 0.146
201706 0.104 103.029 0.134
201709 0.097 103.345 0.124
201712 0.091 103.345 0.116
201803 0.086 105.004 0.108
201806 0.082 105.557 0.103
201809 0.078 105.636 0.098
201812 0.071 105.399 0.089
201903 0.069 106.979 0.085
201906 0.069 107.690 0.085
201909 0.067 107.611 0.082
201912 0.065 107.769 0.080
202003 0.064 107.927 0.078
202006 0.063 108.401 0.077
202009 0.062 108.164 0.076
202012 0.060 108.559 0.073
202103 0.059 110.298 0.071
202106 0.057 111.720 0.067
202109 0.056 112.905 0.066
202112 0.054 113.774 0.063
202203 0.053 117.646 0.060
202206 0.051 120.806 0.056
202209 0.049 120.648 0.054
202212 0.046 120.964 0.050
202303 0.043 122.702 0.046
202306 0.040 124.203 0.043
202309 0.038 125.230 0.040
202312 0.037 125.072 0.039
202403 0.035 126.258 0.037
202406 0.032 127.522 0.033
202409 0.030 127.285 0.031
202412 0.050 127.364 0.052
202503 0.048 129.181 0.049
202506 0.088 129.892 0.090
202509 0.080 130.287 0.081
202512 0.146 130.366 0.148
202603 0.143 132.262 0.143

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 12.13 mean?
GoldQuest Mining (TSXV:GQC) has a Cyclically Adjusted PB Ratio of 12.13 as of Aug. 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 GoldQuest Mining and its competitors. According to the industry distribution chart, GoldQuest Mining ranks #1407 out of 1516 companies in the Metals & Mining industry, placing it in the top 92.8%.
Is GoldQuest Mining's Cyclically Adjusted PB Ratio too high?
GoldQuest Mining's current Cyclically Adjusted PB Ratio is 12.13. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.56. GoldQuest Mining's value of 12.13 is 677.6% above this industry median. Based on the distribution chart, GoldQuest Mining ranks #1407 out of 1516 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, GoldQuest Mining has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does GoldQuest Mining's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, GoldQuest Mining ranks #1407 out of 1516 companies for Cyclically Adjusted PB Ratio. This places GoldQuest Mining in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. GoldQuest Mining's value of 12.13 is 677.6% 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 1.56, based on 1,516 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. GoldQuest Mining's current Cyclically Adjusted PB Ratio of 12.13 is 677.6% 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 GoldQuest Mining and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GoldQuest Mining's current Cyclically Adjusted PB Ratio is 12.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoldQuest Mining stock overvalued right now?
GoldQuest Mining (TSXV:GQC) has a current Cyclically Adjusted PB Ratio of 12.13. The current Cyclically Adjusted PB Ratio is 12.13 and 677.6% above the Metals & Mining industry median of 1.56. GoldQuest Mining's overall GF Score™ is 26/100 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 GoldQuest Mining (TSXV:GQC), the current Cyclically Adjusted PB Ratio is 12.13 as of Aug. 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.

GoldQuest Mining Business Description

Other Exchanges GDQMF:USAM1W:Germany
Address 1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9
GoldQuest Mining Corp is a Canadian-based mineral exploration and development company with projects in the Dominican Republic. The firm is focused on its portfolio of gold-copper projects located within the Tireo Formation in the western portion of the Dominican Republic. Its projects include Romero Project, Tireo Project, and Others. The company, along with its subsidiaries, is engaged in the identification, acquisition, and exploration of mineral properties. It has one reportable segment, being the evaluation and exploration of mineral exploration properties.
26GF Score

Get the complete analysis for TSXV:GQC

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

C$0.97
Price