Guardian Exploration (TSXV:GX) Cyclically Adjusted PB Ratio: (As of Aug. 15, 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:GX Guardian Exploration Inc TSXV:GX
31 GF Score
Price C$0.19
! 5 Warning Signs
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What is Guardian Exploration Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Guardian Exploration  (TSXV:GX) 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.


Guardian Exploration Cyclically Adjusted PB Ratio Related Terms


Guardian Exploration Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Guardian Exploration'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.

Guardian Exploration Cyclically Adjusted PB Ratio Chart

Guardian Exploration 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 0.00 0.00 0.00 0.00 0.00

Guardian Exploration 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 0.00 0.00 0.00 0.00 0.00

TSXV:GX vs COP, EOG, FANG: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, Guardian Exploration'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.


Guardian Exploration Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Guardian Exploration's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSXV:GX
31GF Score
Guardian Exploration Inc TSXV:GX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Guardian Exploration 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.

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

For example, Guardian Exploration'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)
=-0.017/132.2623*132.2623
=-0.017

Current CPI (Mar. 2026) = 132.2623.

Guardian Exploration Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.467 102.002 -0.606
201609 -0.466 101.765 -0.606
201612 -0.602 101.449 -0.785
201703 -0.621 102.634 -0.800
201706 -0.629 103.029 -0.807
201709 -0.643 103.345 -0.823
201712 -0.045 103.345 -0.058
201803 -0.047 105.004 -0.059
201806 -0.013 105.557 -0.016
201809 -0.014 105.636 -0.018
201812 -0.014 105.399 -0.018
201903 -0.014 106.979 -0.017
201906 -0.015 107.690 -0.018
201909 -0.016 107.611 -0.020
201912 -0.015 107.769 -0.018
202003 -0.015 107.927 -0.018
202006 -0.016 108.401 -0.020
202009 -0.017 108.164 -0.021
202012 -0.018 108.559 -0.022
202103 -0.011 110.298 -0.013
202106 -0.011 111.720 -0.013
202109 -0.013 112.905 -0.015
202112 -0.017 113.774 -0.020
202203 -0.017 117.646 -0.019
202206 -0.004 120.806 -0.004
202209 -0.004 120.648 -0.004
202212 -0.005 120.964 -0.005
202303 -0.006 122.702 -0.006
202306 -0.006 124.203 -0.006
202309 -0.008 125.230 -0.008
202312 -0.007 125.072 -0.007
202403 -0.009 126.258 -0.009
202406 -0.010 127.522 -0.010
202409 -0.011 127.285 -0.011
202412 -0.012 127.364 -0.012
202503 -0.013 129.181 -0.013
202506 -0.003 129.892 -0.003
202509 -0.006 130.287 -0.006
202512 -0.020 130.366 -0.020
202603 -0.017 132.262 -0.017

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.


Guardian Exploration Business Description

Industry EnergyOil & Gas
Other Exchanges GXUSF:USAR6B:Germany
Address 538 Hurricane Drive, Springbank Airport, Calgary, AB, CAN, T3Z 3S8
Guardian Exploration Inc is in the business of oil and gas as well as mineral exploration and development. The company's first prospect is the Mount Cameron Property located in the Yukon's Mayo Mining District, it also holds mineral claims located on southern Dall Island, southeast Alaska, USA, known as the Kaigani claims, which it acquired in February 2022.
31GF 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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