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Golden Star Resources (Golden Star Resources) Cyclically Adjusted PB Ratio : (As of Jun. 02, 2024)


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What is Golden Star Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Golden Star Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Golden Star Resources'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.

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Golden Star Resources Cyclically Adjusted PB Ratio Chart

Golden Star Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
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Golden Star Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Golden Star Resources's Cyclically Adjusted PB Ratio

For the Gold subindustry, Golden Star Resources'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.


Golden Star Resources's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Golden Star Resources's Cyclically Adjusted PB Ratio falls into.



Golden Star Resources 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.

Golden Star Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Golden Star Resources's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.114/131.7762*131.7762
=-0.114

Current CPI (Mar. 2024) = 131.7762.

Golden Star Resources Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.059 100.560 -0.077
201409 -0.060 100.428 -0.079
201412 -0.062 99.070 -0.082
201503 -0.067 99.621 -0.089
201506 -0.067 100.684 -0.088
201509 -0.067 100.392 -0.088
201512 -0.069 99.792 -0.091
201603 -0.071 100.470 -0.093
201606 -0.071 101.688 -0.092
201609 -0.071 101.861 -0.092
201612 -0.072 101.863 -0.093
201703 -0.073 102.862 -0.094
201706 -0.074 103.349 -0.094
201709 -0.075 104.136 -0.095
201712 -0.077 104.011 -0.098
201803 -0.078 105.290 -0.098
201806 -0.079 106.317 -0.098
201809 -0.080 106.507 -0.099
201812 -0.082 105.998 -0.102
201903 -0.083 107.251 -0.102
201906 -0.084 108.070 -0.102
201909 -0.086 108.329 -0.105
201912 -0.087 108.420 -0.106
202003 -0.088 108.902 -0.106
202006 -0.089 108.767 -0.108
202009 -0.091 109.815 -0.109
202012 -0.092 109.897 -0.110
202103 -0.093 111.754 -0.110
202106 -0.094 114.631 -0.108
202109 -0.097 115.734 -0.110
202112 -0.099 117.630 -0.111
202203 -0.100 121.301 -0.109
202206 -0.103 125.017 -0.109
202209 -0.105 125.227 -0.110
202212 -0.106 125.222 -0.112
202303 -0.107 127.348 -0.111
202306 -0.109 128.729 -0.112
202309 -0.111 129.860 -0.113
202312 -0.113 129.419 -0.115
202403 -0.114 131.776 -0.114

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.


Golden Star Resources  (OTCPK:GLNS) 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.


Golden Star Resources Cyclically Adjusted PB Ratio Related Terms

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Golden Star Resources (Golden Star Resources) Business Description

Traded in Other Exchanges
N/A
Address
No. 300- 500 North Rainbow Boulevard, Las Vegas, NV, USA, 89107
Golden Star Resources Corp is a mining and exploration company. It holds 100% interest in four contiguous Federal BLM unpatented lode mining claims located in Churchill Country, Nevada. The company explores gold-silver deposits.
Executives
Kathrine Macdonald 10 percent owner 885 PYRFORD ROAD, WEST VANCOUVER A1 V7S 2A2
Marilyn Miller 10 percent owner 3390 TOOPAL DRIVE, OCEANSIDE CA 92058

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