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Lundin Gold (Lundin Gold) Cyclically Adjusted PB Ratio : 4.46 (As of Jun. 09, 2024)


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What is Lundin Gold Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Lundin Gold's current share price is $13.97. Lundin Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.13. Lundin Gold's Cyclically Adjusted PB Ratio for today is 4.46.

The historical rank and industry rank for Lundin Gold's Cyclically Adjusted PB Ratio or its related term are showing as below:

LUGDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.26   Med: 3.88   Max: 4.95
Current: 4.53

During the past years, Lundin Gold's highest Cyclically Adjusted PB Ratio was 4.95. The lowest was 2.26. And the median was 3.88.

LUGDF's Cyclically Adjusted PB Ratio is ranked worse than
89.49% of 1637 companies
in the Metals & Mining industry
Industry Median: 0.88 vs LUGDF: 4.53

The 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.

Lundin Gold's adjusted book value per share data for the three months ended in Mar. 2024 was $4.066. 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 $3.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lundin Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lundin 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.

Lundin Gold Cyclically Adjusted PB Ratio Chart

Lundin Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.22 3.92 3.31 3.63 4.03

Lundin Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.18 4.06 3.79 4.03 4.49

Competitive Comparison of Lundin Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Lundin 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.


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

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

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



Lundin 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.

Lundin Gold's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.97/3.13
=4.46

* 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.

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

For example, Lundin Gold'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)
=4.066/126.2576*126.2576
=4.066

Current CPI (Mar. 2024) = 126.2576.

Lundin Gold Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.292 99.473 1.640
201409 1.198 99.394 1.522
201412 3.079 98.367 3.952
201503 2.981 99.789 3.772
201506 2.841 100.500 3.569
201509 2.706 100.421 3.402
201512 2.576 99.947 3.254
201603 2.441 101.054 3.050
201606 2.326 102.002 2.879
201609 2.476 101.765 3.072
201612 2.273 101.449 2.829
201703 2.228 102.634 2.741
201706 2.236 103.029 2.740
201709 2.122 103.345 2.592
201712 1.963 103.345 2.398
201803 2.698 105.004 3.244
201806 2.839 105.557 3.396
201809 2.843 105.636 3.398
201812 2.806 105.399 3.361
201903 2.760 106.979 3.257
201906 2.538 107.690 2.976
201909 2.332 107.611 2.736
201912 2.087 107.769 2.445
202003 2.385 107.927 2.790
202006 2.467 108.401 2.873
202009 2.593 108.164 3.027
202012 2.551 108.559 2.967
202103 2.889 110.298 3.307
202106 3.146 111.720 3.555
202109 3.367 112.905 3.765
202112 3.490 113.774 3.873
202203 3.605 117.646 3.869
202206 3.870 120.806 4.045
202209 3.917 120.648 4.099
202212 3.616 120.964 3.774
202303 3.744 122.702 3.852
202306 3.901 124.203 3.966
202309 4.011 125.230 4.044
202312 4.018 125.072 4.056
202403 4.066 126.258 4.066

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.


Lundin Gold  (OTCPK:LUGDF) 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.


Lundin Gold Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Lundin Gold's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Lundin Gold (Lundin Gold) Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8
Lundin Gold Inc is a Canada-based company focused on its Fruta del Norte gold operation and developing its portfolio of mineral concessions in Ecuador. The Fruta del Norte deposit is located within a 150 km long copper-gold metallogenic sub-province located in the Cordillera del Condor region in southeastern Ecuador.

Lundin Gold (Lundin Gold) Headlines

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