GLGDF (GoGold Resources) Cyclically Adjusted PS Ratio: 13.44 (As of Jul. 13, 2026) — 60% Above Median

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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.

GLGDF GoGold Resources Inc GLGDF
80 GF Score
Price $2.15
GF Value $2.45
Valuation Modestly Undervalued
! 1 Warning Sign
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What is GoGold Resources Cyclically Adjusted PS Ratio?

GoGold Resources GLGDF -4.87% 80 Cyclically Adjusted PS Ratio is 13.44 as of Jul. 13, 2026, which is 60% above its 10-year median of 8.40. GuruFocus rates GLGDF with a GF Score™ of 80/100 and a GF Value™ of $2.45 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 576 Metals & Mining companies, GoGold Resources ranks worse than 90.45% on this metric.

As of today (2026-07-13), GoGold Resources's current share price is $2.15. GoGold Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.16. GoGold Resources's Cyclically Adjusted PS Ratio for today is 13.44.

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

GLGDF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.3   Med: 8.4   Max: 18.35
Current: 14.23

During the past years, GoGold Resources's highest Cyclically Adjusted PS Ratio was 18.35. The lowest was 1.30. And the median was 8.40.

GLGDF's Cyclically Adjusted PS Ratio is ranked worse than
90.45% of 576 companies
in the Metals & Mining industry
Industry Median: 2.11 vs GLGDF: 14.23

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

GoGold Resources's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.069. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $0.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GoGold Resources  (OTCPK:GLGDF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


GoGold Resources Cyclically Adjusted PS Ratio Related Terms


GoGold Resources Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for GoGold Resources's Cyclically Adjusted PS 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.

GoGold Resources Cyclically Adjusted PS Ratio Chart

GoGold Resources Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.10 7.80 6.02 6.45 12.89

GoGold 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 PS 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 8.40 9.63 12.89 13.42 11.87

GLGDF vs HL: Cyclically Adjusted PS Ratio Comparison

For the Other Precious Metals & Mining subindustry, GoGold Resources's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


GoGold Resources Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

* The bar in red indicates where GoGold Resources's Cyclically Adjusted PS Ratio falls into.


GLGDF
80GF Score
GoGold Resources Inc GLGDF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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GoGold Resources Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

GoGold Resources's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.15/0.16
=13.44

* 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.

GoGold Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, GoGold Resources's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.069/132.2623*132.2623
=0.069

Current CPI (Mar. 2026) = 132.2623.

GoGold Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.036 102.002 0.047
201609 0.013 101.765 0.017
201612 0.021 101.449 0.027
201703 0.025 102.634 0.032
201706 0.027 103.029 0.035
201709 0.026 103.345 0.033
201712 0.034 103.345 0.044
201803 0.032 105.004 0.040
201806 0.037 105.557 0.046
201809 0.020 105.636 0.025
201812 0.022 105.399 0.028
201903 0.041 106.979 0.051
201906 0.037 107.690 0.045
201909 0.051 107.611 0.063
201912 0.049 107.769 0.060
202003 0.042 107.927 0.051
202006 0.034 108.401 0.041
202009 0.057 108.164 0.070
202012 0.051 108.559 0.062
202103 0.048 110.298 0.058
202106 0.053 111.720 0.063
202109 0.038 112.905 0.045
202112 0.031 113.774 0.036
202203 0.035 117.646 0.039
202206 0.034 120.806 0.037
202209 0.019 120.648 0.021
202212 0.029 120.964 0.032
202303 0.024 122.702 0.026
202306 0.025 124.203 0.027
202309 0.017 125.230 0.018
202312 0.020 125.072 0.021
202403 0.027 126.258 0.028
202406 0.032 127.522 0.033
202409 0.031 127.285 0.032
202412 0.058 127.364 0.060
202503 0.053 129.181 0.054
202506 0.046 129.892 0.047
202509 0.047 130.287 0.048
202512 0.077 130.366 0.078
202603 0.069 132.262 0.069

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 13.44 mean?
GoGold Resources (GLGDF) has a Cyclically Adjusted PS Ratio of 13.44 as of Jul. 13, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on GoGold Resources and its competitors. This is 60% above median its historical median of 8.40. Over the past decade, GoGold Resources' Cyclically Adjusted PS Ratio has ranged from 1.30 to 18.35. According to the industry distribution chart, GoGold Resources ranks #521 out of 576 companies in the Metals & Mining industry, placing it in the top 90.5%.
Is GoGold Resources' Cyclically Adjusted PS Ratio too high?
GoGold Resources' current Cyclically Adjusted PS Ratio of 13.44 is 60% above median its 10-year median of 8.40. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 18.35. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.11. GoGold Resources' value of 13.44 is 537% above this industry median. Based on the distribution chart, GoGold Resources ranks #521 out of 576 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, GoGold Resources has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GoGold Resources' Cyclically Adjusted PS Ratio compare to HL?
According to the Metals & Mining industry distribution chart, GoGold Resources ranks #521 out of 576 companies for Cyclically Adjusted PS Ratio. This places GoGold Resources in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.11. GoGold Resources' value of 13.44 is 537% above this benchmark. Historically, GoGold Resources' own Cyclically Adjusted PS Ratio has ranged from 1.30 to 18.35 over the past decade. While the company's 10-year median is 8.40 vs. the industry median of 2.11, GoGold Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Metals & Mining company?
The median Cyclically Adjusted PS Ratio among Metals & Mining companies is 2.11, based on 576 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GoGold Resources's current Cyclically Adjusted PS Ratio of 13.44 is 537% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on GoGold Resources and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GoGold Resources's current Cyclically Adjusted PS Ratio is 13.44, which is 60% above median its own 10-year median of 8.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoGold Resources stock overvalued right now?
Based on GuruFocus' analysis, GoGold Resources (GLGDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.45, compared to a current price of $2.15 — trading 12.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 13.44, which is 60% above median its 10-year median of 8.40 and 537% above the Metals & Mining industry median of 2.11. GoGold Resources' overall GF Score™ is 80/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For GoGold Resources (GLGDF), the current Cyclically Adjusted PS Ratio is 13.44 as of Jul. 13, 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.

Is GoGold Resources (GLGDF) Overvalued in 2026?

Based on GuruFocus' analysis, GoGold Resources stock appears to be undervalued. The current stock price of $2.15 is trading 12.2% below its estimated GF Value™ of $2.45. GuruFocus considers GoGold Resources to be Modestly Undervalued.

Key valuation signals for GLGDF:

  • Cyclically Adjusted PS Ratio: 13.44 (60% above median its 10-year median of 8.40)
  • GF Value™: $2.45 vs. price of $2.15 (12.2% below fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 537% above the Metals & Mining median (#521 of 576)

No single metric tells the full story. See the GLGDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GoGold Resources Business Description

Other Exchanges GGD:GermanyGGD:Canada
Address 2000 Barrington Street, Suite 1301, Cogswell Tower, Halifax, NS, CAN, B3J 3K1
GoGold Resources Inc is a Canadian-based company engaged in the identification, acquisition, exploration, development, and production of silver and gold. Its projects include the Parral Project, the Los Ricos South Project, and the Los Ricos North Project.
80GF Score

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

$2.15
Price
$2.45
GF Value