XTGRF (Xtra-Gold Resources) Cyclically Adjusted PB Ratio: 7.89 (As of Jul. 17, 2026)

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XTGRF Xtra-Gold Resources Corp XTGRF
41 GF Score
Price $1.66
! 1 Warning Sign
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What is Xtra-Gold Resources Cyclically Adjusted PB Ratio?

Xtra-Gold Resources XTGRF +0.36% 41 Cyclically Adjusted PB Ratio is 7.89 as of Jul. 17, 2026. GuruFocus rates XTGRF with a GF Score™ of 41/100. The stock has 1 warning sign investors should review. Among 1,547 Metals & Mining companies, Xtra-Gold Resources ranks worse than 89.27% on this metric.

As of today (2026-07-17), Xtra-Gold Resources's current share price is $1.656. Xtra-Gold Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $0.21. Xtra-Gold Resources's Cyclically Adjusted PB Ratio for today is 7.89.

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

XTGRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 8.53
Current: 8.53

During the past years, Xtra-Gold Resources's highest Cyclically Adjusted PB Ratio was 8.53. The lowest was 0.00. And the median was 0.00.

XTGRF's Cyclically Adjusted PB Ratio is ranked worse than
89.27% of 1547 companies
in the Metals & Mining industry
Industry Median: 1.42 vs XTGRF: 8.53

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.

Xtra-Gold Resources's adjusted book value per share data for the three months ended in Dec. 2025 was $0.349. 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 $0.21 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xtra-Gold Resources  (OTCPK:XTGRF) 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.


Xtra-Gold Resources Cyclically Adjusted PB Ratio Related Terms


Xtra-Gold Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Xtra-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.

Xtra-Gold Resources Cyclically Adjusted PB Ratio Chart

Xtra-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 6.17 4.77 5.02 8.13 12.39

Xtra-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 8.13 8.55 7.93 11.13 12.39

XTGRF vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Xtra-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.


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

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

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


XTGRF
41GF Score
Xtra-Gold Resources Corp XTGRF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Xtra-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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.656/0.21
=7.89

* 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.

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

For example, Xtra-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)
=0.349/324.0540*324.0540
=0.349

Current CPI (Dec. 2025) = 324.0540.

Xtra-Gold Resources Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.066 238.132 0.090
201606 0.073 241.018 0.098
201609 0.070 241.428 0.094
201612 0.069 241.432 0.093
201703 0.068 243.801 0.090
201706 0.075 244.955 0.099
201709 0.074 246.819 0.097
201712 0.078 246.524 0.103
201803 0.090 249.554 0.117
201806 0.093 251.989 0.120
201809 0.102 252.439 0.131
201812 0.103 251.233 0.133
201903 0.111 254.202 0.142
201906 0.121 256.143 0.153
201909 0.154 256.759 0.194
201912 0.150 256.974 0.189
202003 0.162 258.115 0.203
202006 0.189 257.797 0.238
202009 0.205 260.280 0.255
202012 0.197 260.474 0.245
202103 0.236 264.877 0.289
202106 0.243 271.696 0.290
202109 0.226 274.310 0.267
202112 0.210 278.802 0.244
202203 0.230 287.504 0.259
202206 0.228 296.311 0.249
202209 0.227 296.808 0.248
202212 0.227 296.797 0.248
202303 0.239 301.836 0.257
202306 0.254 305.109 0.270
202309 0.264 307.789 0.278
202312 0.221 306.746 0.233
202403 0.231 312.332 0.240
202406 0.248 314.175 0.256
202409 0.280 315.301 0.288
202412 0.258 315.605 0.265
202503 0.287 319.799 0.291
202506 0.296 322.561 0.297
202509 0.345 324.800 0.344
202512 0.349 324.054 0.349

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 7.89 mean?
Xtra-Gold Resources (XTGRF) has a Cyclically Adjusted PB Ratio of 7.89 as of Jul. 17, 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 Xtra-Gold Resources and its competitors. According to the industry distribution chart, Xtra-Gold Resources ranks #1381 out of 1547 companies in the Metals & Mining industry, placing it in the top 89.3%.
Is Xtra-Gold Resources' Cyclically Adjusted PB Ratio too high?
Xtra-Gold Resources' current Cyclically Adjusted PB Ratio is 7.89. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.42. Xtra-Gold Resources' value of 7.89 is 455.6% above this industry median. Based on the distribution chart, Xtra-Gold Resources ranks #1381 out of 1547 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Xtra-Gold Resources has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Xtra-Gold Resources' Cyclically Adjusted PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Xtra-Gold Resources ranks #1381 out of 1547 companies for Cyclically Adjusted PB Ratio. This places Xtra-Gold Resources in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.42. Xtra-Gold Resources' value of 7.89 is 455.6% 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 1.42, based on 1,547 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. Xtra-Gold Resources's current Cyclically Adjusted PB Ratio of 7.89 is 455.6% 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 Xtra-Gold Resources and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xtra-Gold Resources's current Cyclically Adjusted PB Ratio is 7.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xtra-Gold Resources stock overvalued right now?
Xtra-Gold Resources (XTGRF) has a current Cyclically Adjusted PB Ratio of 7.89. The current Cyclically Adjusted PB Ratio is 7.89 and 455.6% above the Metals & Mining industry median of 1.42. Xtra-Gold Resources' overall GF Score™ is 41/100 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 Xtra-Gold Resources (XTGRF), the current Cyclically Adjusted PB Ratio is 7.89 as of Jul. 17, 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.

Xtra-Gold Resources Business Description

Other Exchanges 80G:GermanyXTG:Canada
Address Shirley Street Plaza, Suite 2150, P.O Box AP 59217, Nassau, BHS
Xtra-Gold Resources Corp became a resource exploration with gold exploration focused on defining a potentially resource on its Kibi Gold Discovery located in the Republic of Ghana, West Africa.. It has also engaged in the recovery of gold through alluvial operations on its claims. It includes the Kibi, Kwabeng and Pameng Project and the Banso and Muoso Projects.
41GF 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.

$1.66
Price