Lode Gold Resources (TSXV:LOD) Cyclically Adjusted PB Ratio: 0.45 (As of Aug. 02, 2026)

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TSXV:LOD Lode Gold Resources Inc TSXV:LOD
27 GF Score
Price C$0.34
! 1 Warning Sign
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What is Lode Gold Resources Cyclically Adjusted PB Ratio?

Lode Gold Resources TSXV:LOD 27 Cyclically Adjusted PB Ratio is 0.45 as of Aug. 02, 2026. GuruFocus rates TSXV:LOD with a GF Score™ of 27/100. The stock has 1 warning sign investors should review. Among 1,535 Metals & Mining companies, Lode Gold Resources ranks better than 75.5% on this metric.

As of today (2026-08-02), Lode Gold Resources's current share price is C$0.335. Lode Gold Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was C$0.75. Lode Gold Resources's Cyclically Adjusted PB Ratio for today is 0.45.

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

TSXV:LOD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.45
Current: 0.45

During the past years, Lode Gold Resources's highest Cyclically Adjusted PB Ratio was 0.45. The lowest was 0.00. And the median was 0.00.

TSXV:LOD's Cyclically Adjusted PB Ratio is ranked better than
75.5% of 1535 companies
in the Metals & Mining industry
Industry Median: 1.4 vs TSXV:LOD: 0.45

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.

Lode Gold Resources's adjusted book value per share data for the three months ended in Dec. 2025 was C$0.395. 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$0.75 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lode Gold Resources  (TSXV:LOD) 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.


Lode Gold Resources Cyclically Adjusted PB Ratio Related Terms


Lode Gold Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lode Gold Resources'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.

Lode Gold Resources Cyclically Adjusted PB Ratio Chart

Lode Gold Resources 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 0.13 0.08 0.09 0.14 0.35

Lode Gold Resources 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 0.14 0.19 0.17 0.15 0.35

Lode Gold Resources Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Lode Gold Resources'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.


Lode Gold Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:LOD
27GF Score
Lode Gold Resources Inc TSXV:LOD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lode Gold Resources 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.

Lode Gold Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.335/0.75
=0.45

* 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.

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

For example, Lode Gold Resources'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)
=0.395/130.3661*130.3661
=0.395

Current CPI (Dec. 2025) = 130.3661.

Lode Gold Resources Quarterly Data

Book Value per Share CPI Adj_Book
201603 -0.100 101.054 -0.129
201606 0.197 102.002 0.252
201609 0.134 101.765 0.172
201612 -0.016 101.449 -0.021
201703 0.013 102.634 0.017
201706 -0.030 103.029 -0.038
201709 -0.021 103.345 -0.026
201712 0.319 103.345 0.402
201803 0.389 105.004 0.483
201806 0.679 105.557 0.839
201809 0.727 105.636 0.897
201812 0.715 105.399 0.884
201903 0.775 106.979 0.944
201906 0.757 107.690 0.916
201909 0.754 107.611 0.913
201912 0.686 107.769 0.830
202003 0.658 107.927 0.795
202006 0.621 108.401 0.747
202009 1.079 108.164 1.300
202012 1.265 108.559 1.519
202103 1.259 110.298 1.488
202106 1.227 111.720 1.432
202109 1.246 112.905 1.439
202112 1.218 113.774 1.396
202203 1.170 117.646 1.297
202206 1.125 120.806 1.214
202209 1.082 120.648 1.169
202212 0.957 120.964 1.031
202303 0.929 122.702 0.987
202306 0.918 124.203 0.964
202309 0.937 125.230 0.975
202312 0.779 125.072 0.812
202403 0.636 126.258 0.657
202406 0.603 127.522 0.616
202409 0.583 127.285 0.597
202412 0.492 127.364 0.504
202503 0.484 129.181 0.488
202506 0.431 129.892 0.433
202509 0.415 130.287 0.415
202512 0.395 130.366 0.395

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 0.45 mean?
Lode Gold Resources (TSXV:LOD) has a Cyclically Adjusted PB Ratio of 0.45 as of Aug. 02, 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 Lode Gold Resources and its competitors. According to the industry distribution chart, Lode Gold Resources ranks #376 out of 1535 companies in the Metals & Mining industry, placing it in the top 24.5%.
Is Lode Gold Resources' Cyclically Adjusted PB Ratio too high?
Lode Gold Resources' current Cyclically Adjusted PB Ratio is 0.45. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. Lode Gold Resources' value of 0.45 is 67.9% below this industry median. Based on the distribution chart, Lode Gold Resources ranks #376 out of 1535 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Lode Gold Resources has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Lode Gold Resources' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Lode Gold Resources ranks #376 out of 1535 companies for Cyclically Adjusted PB Ratio. This places Lode Gold Resources in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.40. Lode Gold Resources' value of 0.45 is 67.9% below 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 1.40, based on 1,535 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. Lode Gold Resources's current Cyclically Adjusted PB Ratio of 0.45 is 67.9% below 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 Lode Gold Resources and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lode Gold Resources's current Cyclically Adjusted PB Ratio is 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lode Gold Resources stock overvalued right now?
Lode Gold Resources (TSXV:LOD) has a current Cyclically Adjusted PB Ratio of 0.45. The current Cyclically Adjusted PB Ratio is 0.45 and 67.9% below the Metals & Mining industry median of 1.40. Lode Gold Resources' overall GF Score™ is 27/100 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 Lode Gold Resources (TSXV:LOD), the current Cyclically Adjusted PB Ratio is 0.45 as of Aug. 02, 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.

Lode Gold Resources Business Description

Other Exchanges LODFF:USA
Address 409 Granville Street, Suite 1500, Toronto, ON, CAN, V6C 1T2
Lode Gold Resources Inc is an exploration and development company with projects in prospective and safe mining jurisdictions in Canada and the United States. . The company projects are the McIntyre Brook Project, the Golden Culvert, and the Bathurst Projects. It also holds a pipeline of early-stage exploration projects, including the critical mineral Captain Cobalt-Copper-Gold Deposit in New Brunswick and the Dingman Gold Project in Ontario.
27GF 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.

C$0.34
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