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Yamana Gold (Yamana Gold) Cyclically Adjusted PB Ratio : (As of May. 23, 2024)


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What is Yamana Gold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Yamana Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Yamana Gold's Cyclically Adjusted PB 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.

* Premium members only.

Yamana Gold Cyclically Adjusted PB Ratio Chart

Yamana Gold Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Yamana Gold Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of Yamana Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Yamana Gold's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Yamana Gold's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Yamana Gold's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Yamana Gold's Cyclically Adjusted PB Ratio falls into.



Yamana Gold Cyclically Adjusted PB Ratio Calculation

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

Yamana Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Yamana Gold's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book=Book Value per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=3.413/120.9639*120.9639
=3.413

Current CPI (Dec. 2022) = 120.9639.

Yamana Gold Quarterly Data

Book Value per Share CPI Adj_Book
201303 10.455 97.103 13.024
201306 10.317 97.182 12.842
201309 10.326 97.419 12.822
201312 9.477 96.945 11.825
201403 9.438 98.604 11.578
201406 9.258 99.473 11.258
201409 8.051 99.394 9.798
201412 7.647 98.367 9.404
201503 7.242 99.789 8.779
201506 7.194 100.500 8.659
201509 7.056 100.421 8.499
201512 5.112 99.947 6.187
201603 5.147 101.054 6.161
201606 5.181 102.002 6.144
201609 5.169 101.765 6.144
201612 4.761 101.449 5.677
201703 4.773 102.634 5.625
201706 4.713 103.029 5.533
201709 4.770 103.345 5.583
201712 4.547 103.345 5.322
201803 4.358 105.004 5.020
201806 4.353 105.557 4.988
201809 4.264 105.636 4.883
201812 4.202 105.399 4.823
201903 4.189 106.979 4.737
201906 4.198 107.690 4.715
201909 4.393 107.611 4.938
201912 4.403 107.769 4.942
202003 4.396 107.927 4.927
202006 4.428 108.401 4.941
202009 4.482 108.164 5.012
202012 4.562 108.559 5.083
202103 4.585 110.298 5.028
202106 4.531 111.720 4.906
202109 4.507 112.905 4.829
202112 4.580 113.774 4.869
202203 4.624 117.646 4.754
202206 4.599 120.806 4.605
202209 4.576 120.648 4.588
202212 3.413 120.964 3.413

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Yamana Gold  (NYSE:AUY) Cyclically Adjusted PB Ratio Explanation

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


Yamana Gold Cyclically Adjusted PB Ratio Related Terms

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Yamana Gold (Yamana Gold) Business Description

Traded in Other Exchanges
N/A
Address
200 Bay Street, Suite 2200, Royal Bank Plaza, North Tower, Toronto, ON, CAN, M5J 2J3
Yamana Gold Inc is a Canadian-based precious metals producer with gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. The company's segment includes Canadian Malartic; Jacobina; Cerro Moro; El Penon; Minera Florida and Corporate and other. It generates maximum revenue from the Canadian Malartic segment.

Yamana Gold (Yamana Gold) Headlines

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