CTGO has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
CTGO has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
As of today (2024-05-15), Contango Ore's current share price is $19.81. Contango Ore's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.79. Contango Ore's Cyclically Adjusted PB Ratio for today is 11.07.
The historical rank and industry rank for Contango Ore's Cyclically Adjusted PB Ratio or its related term are showing as below:
During the past years, Contango Ore's highest Cyclically Adjusted PB Ratio was 12.66. The lowest was 0.00. And the median was 0.00.
CTGO's Cyclically Adjusted PB Ratio is ranked worse thanThe 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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.
Contango Ore's adjusted book value per share data for the three months ended in Dec. 2023 was $-1.539. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $1.79 for the trailing ten years ended in Dec. 2023.
The historical data trend for Contango Ore'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.
Contango Ore Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Cyclically Adjusted PB Ratio | Get a 7-Day Free Trial | 10.75 | 14.21 | 13.40 | 9.62 | 10.11 |
For the Gold subindustry, Contango Ore'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.
For the Metals & Mining industry and Basic Materials sector, Contango Ore's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Contango Ore's Cyclically Adjusted PB Ratio falls into.
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.
Contango Ore's Cyclically Adjusted PB Ratio for today is calculated as
Cyclically Adjusted PB Ratio | = | Share Price | / | Cyclically Adjusted Book per Share |
= | 19.81 | / | 1.79 | |
= | 11.07 |
* 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.
Contango Ore's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:
For example, Contango Ore's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:
Adj_Book | = | Book Value per Share | / | CPI of Dec. 2023 (Change) | * | Current CPI (Dec. 2023) |
= | -1.539 | / | 129.4194 | * | 129.4194 | |
= | -1.539 |
Current CPI (Dec. 2023) = 129.4194.
Contango Ore Quarterly Data
Book Value per Share | CPI | Adj_Book | |
201403 | 1.400 | 99.695 | 1.817 |
201406 | 1.260 | 100.560 | 1.622 |
201409 | 1.032 | 100.428 | 1.330 |
201412 | 0.903 | 99.070 | 1.180 |
201503 | 0.875 | 99.621 | 1.137 |
201506 | 0.493 | 100.684 | 0.634 |
201509 | 0.431 | 100.392 | 0.556 |
201512 | 0.382 | 99.792 | 0.495 |
201603 | 0.353 | 100.470 | 0.455 |
201606 | 0.303 | 101.688 | 0.386 |
201609 | 0.214 | 101.861 | 0.272 |
201612 | 1.168 | 101.863 | 1.484 |
201703 | 1.147 | 102.862 | 1.443 |
201706 | 1.063 | 103.349 | 1.331 |
201709 | 0.986 | 104.136 | 1.225 |
201712 | 2.647 | 104.011 | 3.294 |
201803 | 2.738 | 105.290 | 3.365 |
201806 | 2.228 | 106.317 | 2.712 |
201809 | 1.874 | 106.507 | 2.277 |
201812 | 1.647 | 105.998 | 2.011 |
201903 | 1.535 | 107.251 | 1.852 |
201906 | 1.312 | 108.070 | 1.571 |
201909 | 1.138 | 108.329 | 1.360 |
201912 | 0.796 | 108.420 | 0.950 |
202003 | 0.558 | 108.902 | 0.663 |
202006 | 0.304 | 108.767 | 0.362 |
202009 | 5.180 | 109.815 | 6.105 |
202012 | 4.653 | 109.897 | 5.480 |
202103 | 3.974 | 111.754 | 4.602 |
202106 | 5.175 | 114.631 | 5.843 |
202109 | 4.630 | 115.734 | 5.177 |
202112 | 4.006 | 117.630 | 4.408 |
202203 | 2.830 | 121.301 | 3.019 |
202206 | 1.961 | 125.017 | 2.030 |
202209 | 1.045 | 125.227 | 1.080 |
202212 | -0.109 | 125.222 | -0.113 |
202303 | -0.783 | 127.348 | -0.796 |
202306 | -0.613 | 128.729 | -0.616 |
202309 | 1.175 | 129.860 | 1.171 |
202312 | -1.539 | 129.419 | -1.539 |
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.
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.
Thank you for viewing the detailed overview of Contango Ore's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Nieuwenhuyse Rick Van | director, officer: President and CEO | C/O TRILOGY METALS, 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4 |
John B Juneau | director, officer: President and CEO | 3700 BUFFALO SPEEDWAY, SUITE 960, HOUSTON TX 77098 |
Joseph S Compofelice | director | 24 WATERWAY AVENUE, STE 200, THE WOODLANDS TX 77380 |
Richard Shortz | director | 3700 BUFFALO SPEEDWAY, SUITE 925, HOUSTON TX 77098 |
Michael Aaron Clark | officer: Executive VP-Finance | 6202 OVERSTONE DR, WEST VANCOUVER Z4 V7W1X5 |
Leah S Gaines | officer: Chief Financial Officer | 3700 BUFFALO SPEEDWAY, SUITE 1010, HOUSTON TX 77098 |
Curtis J. Freeman | director | 3700 BUFFALO SPEEDWAY, STE. 925, HOUSTON TX 77098 |
Royal Gold Inc | 10 percent owner | 1144 15TH STREET, SUITE 2500, DENVER CO 80202 |
Scott J. Reiman | 10 percent owner, other: Member of 10% owner group | 730 17TH STREET SUITE 800, DENVER CO 80202 |
Kenneth R. Peak Marital Trust | 10 percent owner | 2 LONGFELLOW LANE, HOUSTON TX 77005 |
Estate Of Kenneth R. Peak | 10 percent owner | C/O CONTANGO OIL & GAS COMPANY, 3700 BUFFALO SPEEDWAY, SUITE 960, HOUSTON TX 77098 |
Joseph G. Greenberg | director | 3700 BUFFALO SPEEDWAY, STE 960, HOUSTON TX 77098 |
Donald Gillen | 10 percent owner | 21 CAPILANO DRIVE, SASKATOON A9 S7K 4A4 |
Hexagon, Llc | 10 percent owner, other: Member of 10% owner group | 730 SEVENTEENTH STREET, SUITE 800, DENVER CO 80202 |
Sergio Castro | officer: Vice President, CFO, Treasurer | 2019 MOUNTAIN CREEK, PEARLAND TX 77584 |
From GuruFocus
By PRNewswire PRNewswire • 11-17-2022
By ACCESSWIRE ACCESSWIRE • 11-12-2020
By GuruFocus Research • 11-15-2023
By Marketwired Marketwired • 03-01-2019
By PRNewswire • 07-24-2023
By PRNewswire PRNewswire • 10-19-2022
By PRNewswire PRNewswire • 12-02-2020
By GuruFocus Research GuruFocus Editor • 11-19-2020