Q-Gold Resources (TSXV:QGR) Cyclically Adjusted PB Ratio: (As of Aug. 23, 2026)

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TSXV:QGR Q-Gold Resources Ltd TSXV:QGR
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What is Q-Gold Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Q-Gold Resources  (TSXV:QGR) 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.


Q-Gold Resources Cyclically Adjusted PB Ratio Related Terms


Q-Gold Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Q-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.

Q-Gold Resources Cyclically Adjusted PB Ratio Chart

Q-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 0.00 0.00 0.00 0.00 0.00

Q-Gold Resources 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:QGR vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Q-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.


Q-Gold Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:QGR
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Q-Gold Resources Ltd TSXV:QGR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Q-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.

Q-Gold Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Q-Gold Resources'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)
=-0.04/132.2623*132.2623
=-0.040

Current CPI (Mar. 2026) = 132.2623.

Q-Gold Resources Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.065 102.002 -0.084
201609 -0.080 101.765 -0.104
201612 -0.083 101.449 -0.108
201703 -0.088 102.634 -0.113
201706 -0.086 103.029 -0.110
201709 -0.095 103.345 -0.122
201712 -0.011 103.345 -0.014
201803 -0.030 105.004 -0.038
201806 -0.022 105.557 -0.028
201809 0.035 105.636 0.044
201812 0.022 105.399 0.028
201903 0.014 106.979 0.017
201906 0.005 107.690 0.006
201909 0.001 107.611 0.001
201912 -0.004 107.769 -0.005
202003 -0.007 107.927 -0.009
202006 0.036 108.401 0.044
202009 0.020 108.164 0.024
202012 0.029 108.559 0.035
202103 0.020 110.298 0.024
202106 -0.007 111.720 -0.008
202109 -0.006 112.905 -0.007
202112 0.009 113.774 0.010
202203 0.005 117.646 0.006
202206 0.000 120.806 0.000
202209 -0.005 120.648 -0.005
202212 -0.023 120.964 -0.025
202303 -0.026 122.702 -0.028
202306 -0.028 124.203 -0.030
202309 -0.030 125.230 -0.032
202312 -0.034 125.072 -0.036
202403 -0.035 126.258 -0.037
202406 -0.038 127.522 -0.039
202409 -0.039 127.285 -0.041
202412 -0.026 127.364 -0.027
202503 -0.035 129.181 -0.036
202506 -0.036 129.892 -0.037
202509 -0.039 130.287 -0.040
202512 -0.035 130.366 -0.036
202603 -0.040 132.262 -0.040

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.


Q-Gold Resources Business Description

Other Exchanges QGLDF:USAQX9G:Germany
Address 198 Davenport Road, Toronto, ON, CAN, M5R 1J2
Q-Gold Resources Ltd is a mineral exploration company focused on exploring its mineral properties. Its project portfolio comprises the Quartz Mountain Gold Property located in Oregon, USA, and the Mine Centre Gold Property in Ontario, Canada. The company has only one material operating segment, the exploration of its North American mineral licences.
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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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