GoGold Resources (TSX:GGD) Cyclically Adjusted Revenue per Share: C$0.22 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

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
View Full Analysis

What is GoGold Resources Cyclically Adjusted Revenue per Share?

GoGold Resources TSX:GGD +1.92% 84 Cyclically Adjusted Revenue per Share is C$0.22 as of Mar. 2026. 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.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 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 the count will get our Cyclically Adjusted Revenue per Share, which is C$0.22 for the trailing ten years ended in Mar. 2026.

During the past 12 months, GoGold Resources's average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of GoGold Resources was 10.10% per year. The lowest was 0.00% per year. And the median was 3.60% per year.

As of today (2026-07-23), GoGold Resources's current stock 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 of today is 14.50.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of GoGold Resources was 18.35. The lowest was 1.30. And the median was 8.40.


GoGold Resources  (TSX:GGD) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of GoGold Resources was 18.35. The lowest was 1.30. And the median was 8.40.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


GoGold Resources Cyclically Adjusted Revenue per Share Related Terms


GoGold Resources Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for GoGold Resources's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

GoGold Resources Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.20 0.20 0.20 0.21

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 Revenue per Share 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 0.21 0.21 0.21 0.22 0.22

TSX:GGD vs HL: Cyclically Adjusted Revenue per Share 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 Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GoGold Resources Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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.

What does a Cyclically Adjusted Revenue per Share of C$0.22 mean?
GoGold Resources (TSX:GGD) has a Cyclically Adjusted Revenue per Share of C$0.22 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on GoGold Resources and its competitors.
Is GoGold Resources' Cyclically Adjusted Revenue per Share too high?
GoGold Resources' current Cyclically Adjusted Revenue per Share is C$0.22. 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 Revenue per Share compare to HL?
GoGold Resources' Cyclically Adjusted Revenue per Share of C$0.22 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Metals & Mining company?
A good Cyclically Adjusted Revenue per Share depends on the Metals & Mining industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on GoGold Resources and its competitors. GoGold Resources's current Cyclically Adjusted Revenue per Share is C$0.22. 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 Revenue per Share is C$0.22. 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For GoGold Resources (TSX:GGD), the current Cyclically Adjusted Revenue per Share is C$0.22 as of Mar. 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 Revenue per Share: C$0.22
  • GF Value™: C$3.43 vs. price of C$3.19 (7% below fair value)
  • GF Score™: 84/100 with 1 warning sign

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 Revenue per Share 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