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The historical rank and industry rank for Canadian Goldfields Discovery's PB Ratio or its related term are showing as below:
During the past 13 years, Canadian Goldfields Discovery's highest PB Ratio was 130.00. The lowest was 0.00. And the median was 0.00.
CGMXF's PB Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 2.16 * Ranked among companies with meaningful PB Ratio only.
During the past 12 months, Canadian Goldfields Discovery's average Book Value Per Share Growth Rate was -100.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Canadian Goldfields Discovery was 72.90% per year. The lowest was -70.40% per year. And the median was -5.00% per year.
Back to Basics: PB Ratio
Canadian Goldfields Discovery (OTCPK:CGMXF) PB Ratio Explanation
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.
Canadian Goldfields Discovery PB Ratio Related Terms
Canadian Goldfields Discovery PB Ratio Historical Data
* 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.
Canadian Goldfields Discovery PB Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Canadian Goldfields Discovery'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 Goldfields Discovery PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Canadian Goldfields Discovery's PB Ratio distribution charts can be found below:
* The bar in red indicates where Canadian Goldfields Discovery's PB Ratio falls into.
Canadian Goldfields Discovery PB Ratio Calculation
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 Goldfields Discovery (CGMXF) has a PB Ratio of 96.80 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Canadian Goldfields Discovery and its competitors. According to the industry distribution chart, Canadian Goldfields Discovery ranks #2348 out of 2356 companies in the Metals & Mining industry, placing it in the top 99.7%.
Is Canadian Goldfields Discovery's PB Ratio too high?
Canadian Goldfields Discovery's current PB Ratio is 96.80. The Metals & Mining industry median PB Ratio is 2.16. Canadian Goldfields Discovery's value of 96.80 is 4381.5% above this industry median. Based on the distribution chart, Canadian Goldfields Discovery ranks #2348 out of 2356 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Canadian Goldfields Discovery has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Canadian Goldfields Discovery's PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Canadian Goldfields Discovery ranks #2348 out of 2356 companies for PB Ratio. This places Canadian Goldfields Discovery in the lower half of its industry. The industry median PB Ratio is 2.16. Canadian Goldfields Discovery's value of 96.80 is 4381.5% 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 PB Ratio for a Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.16, based on 2,356 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 Goldfields Discovery's current PB Ratio of 96.80 is 4381.5% 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 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 Goldfields Discovery and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Goldfields Discovery's current PB Ratio is 96.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Goldfields Discovery stock overvalued right now?
Canadian Goldfields Discovery (CGMXF) has a current PB Ratio of 96.80. The current PB Ratio is 96.80 and 4381.5% above the Metals & Mining industry median of 2.16. Canadian Goldfields Discovery's overall GF Score™ is 36/100 with 1 warning sign to review. 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 Goldfields Discovery (CGMXF), the current PB Ratio is 96.80 as of Jul. 22, 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 Goldfields Discovery Business Description
Canadian Goldfields Discovery Corp is a Canadian mineral exploration company focused on advancing the high-grade, district-scale Miminiska Gold Project located in northwestern Ontario.
36GF Score
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