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Canadian Gold ResourcesTSXV:CAN -9.09% PB Ratio is 0.48 as of Jul. 30, 2026. The stock has 2 warning signs investors should review. Among 2,354 Metals & Mining companies, Canadian Gold Resources ranks better than 91.63% on this metric.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
* 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.
For the Gold subindustry, Canadian Gold Resources's PB Ratio, along with its competitors' market caps and 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.
Canadian Gold Resources PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Canadian Gold Resources's PB Ratio distribution charts can be found below:
* The bar in red indicates where Canadian Gold Resources's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Canadian Gold Resources (TSXV:CAN) has a PB Ratio of 0.48 as of Jul. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Canadian Gold Resources and its competitors. According to the industry distribution chart, Canadian Gold Resources ranks #197 out of 2354 companies in the Metals & Mining industry, placing it in the top 8.4%.
Is Canadian Gold Resources' PB Ratio too high?
Canadian Gold Resources' current PB Ratio is 0.48. The Metals & Mining industry median PB Ratio is 2.11. Canadian Gold Resources' value of 0.48 is 77.3% below this industry median. Based on the distribution chart, Canadian Gold Resources ranks #197 out of 2354 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Canadian Gold Resources' PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Canadian Gold Resources ranks #197 out of 2354 companies for PB Ratio. This places Canadian Gold Resources in the top 8% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.11. Canadian Gold Resources' value of 0.48 is 77.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.11, based on 2,354 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Gold Resources's current PB Ratio of 0.48 is 77.3% below 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Canadian Gold Resources and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Gold Resources's current PB Ratio is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Gold Resources stock overvalued right now?
Canadian Gold Resources (TSXV:CAN) has a current PB Ratio of 0.48. The current PB Ratio is 0.48 and 77.3% below the Metals & Mining industry median of 2.11. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Canadian Gold Resources (TSXV:CAN), the current PB Ratio is 0.48 as of Jul. 30, 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.
Canadian Gold Resources Ltd is a Canadian exploration company focused on developing high-grade gold projects in the Gaspe Gold Belt of Quebec. The company targets under-explored, past-producing properties with growth potential, leveraging modern exploration techniques to unlock value. Its projects include Lac Arsenault is its Flagship Project, with a Bulk Sample Projected to Yield 4,000 oz of Gold; Robidoux with high-grade Gold potential with Confirmed Bulk Samples; and VG Boulder with high-grade surface samples and visible gold occurrences.
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