GoGold Resources (TSX:GGD) Cyclically Adjusted PS Ratio: 14.50 (As of Jul. 23, 2026) — 73% Above Median

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TSX:GGD GoGold Resources Inc TSX:GGD
84 GF Score
Price C$3.19
GF Value C$3.43
Valuation Fairly Valued
! 1 Warning Sign
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What is GoGold Resources Cyclically Adjusted PS Ratio?

GoGold Resources TSX:GGD +1.92% 84 Cyclically Adjusted PS Ratio is 14.50 as of Jul. 23, 2026, which is 73% above its 10-year median of 8.40. GuruFocus rates TSX:GGD with a GF Score™ of 84/100 and a GF Value™ of C$3.43 (Fairly Valued). The stock has 1 warning sign investors should review. Among 574 Metals & Mining companies, GoGold Resources ranks worse than 90.24% on this metric.

As of today (2026-07-23), GoGold Resources's current share price is C$3.19. GoGold Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$0.22. GoGold Resources's Cyclically Adjusted PS Ratio for today is 14.50.

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

TSX:GGD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.3   Med: 8.4   Max: 18.35
Current: 13.07

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.

TSX:GGD's Cyclically Adjusted PS Ratio is ranked worse than
90.24% of 574 companies
in the Metals & Mining industry
Industry Median: 2.045 vs TSX:GGD: 13.07

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 C$0.095. 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 C$0.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GoGold Resources  (TSX:GGD) 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

TSX:GGD 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.


TSX:GGD
84GF Score
GoGold Resources Inc TSX:GGD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=3.19/0.22
=14.50

* 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)
=0.095/132.2623*132.2623
=0.095

Current CPI (Mar. 2026) = 132.2623.

GoGold Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.047 102.002 0.061
201609 0.017 101.765 0.022
201612 0.029 101.449 0.038
201703 0.033 102.634 0.043
201706 0.036 103.029 0.046
201709 0.032 103.345 0.041
201712 0.043 103.345 0.055
201803 0.041 105.004 0.052
201806 0.048 105.557 0.060
201809 0.026 105.636 0.033
201812 0.030 105.399 0.038
201903 0.055 106.979 0.068
201906 0.049 107.690 0.060
201909 0.068 107.611 0.084
201912 0.064 107.769 0.079
202003 0.058 107.927 0.071
202006 0.047 108.401 0.057
202009 0.075 108.164 0.092
202012 0.066 108.559 0.080
202103 0.060 110.298 0.072
202106 0.064 111.720 0.076
202109 0.048 112.905 0.056
202112 0.039 113.774 0.045
202203 0.044 117.646 0.049
202206 0.043 120.806 0.047
202209 0.025 120.648 0.027
202212 0.039 120.964 0.043
202303 0.032 122.702 0.034
202306 0.034 124.203 0.036
202309 0.024 125.230 0.025
202312 0.027 125.072 0.029
202403 0.036 126.258 0.038
202406 0.043 127.522 0.045
202409 0.042 127.285 0.044
202412 0.083 127.364 0.086
202503 0.076 129.181 0.078
202506 0.063 129.892 0.064
202509 0.065 130.287 0.066
202512 0.106 130.366 0.108
202603 0.095 132.262 0.095

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 14.50 mean?
GoGold Resources (TSX:GGD) has a Cyclically Adjusted PS Ratio of 14.50 as of Jul. 23, 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 73% 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 #518 out of 574 companies in the Metals & Mining industry, placing it in the top 90.2%.
Is GoGold Resources' Cyclically Adjusted PS Ratio too high?
GoGold Resources' current Cyclically Adjusted PS Ratio of 14.50 is 73% 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 2.05. GoGold Resources' value of 14.50 is 609% above this industry median. Based on the distribution chart, GoGold Resources ranks #518 out of 574 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, GoGold Resources has a GF Score™ of 84/100 and is considered Fairly Valued, 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 #518 out of 574 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 2.05. GoGold Resources' value of 14.50 is 609% 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 2.05, 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 2.05, based on 574 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 14.50 is 609% 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 2.05 — 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 14.50, which is 73% 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 (TSX:GGD) is currently considered Fairly Valued. The stock's GF Value™ is C$3.43, compared to a current price of C$3.19 — trading 7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 14.50, which is 73% above median its 10-year median of 8.40 and 609% above the Metals & Mining industry median of 2.05. GoGold Resources' overall GF Score™ is 84/100 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 (TSX:GGD), the current Cyclically Adjusted PS Ratio is 14.50 as of Jul. 23, 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 (TSX:GGD) Overvalued in 2026?

Based on GuruFocus' analysis, GoGold Resources stock appears to be undervalued. The current stock price of C$3.19 is trading 7% below its estimated GF Value™ of C$3.43. GuruFocus considers GoGold Resources to be Fairly Valued.

Key valuation signals for TSX:GGD:

  • Cyclically Adjusted PS Ratio: 14.50 (73% above median its 10-year median of 8.40)
  • GF Value™: C$3.43 vs. price of C$3.19 (7% below fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 609% above the Metals & Mining median (#518 of 574)

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


GoGold Resources Business Description

Other Exchanges GLGDF:USAGGD:Germany
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.
84GF Score

Get the complete analysis for TSX:GGD

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

C$3.19
Price
C$3.43
GF Value