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Alamos Gold (TSX:AGI) Cyclically Adjusted PB Ratio : 2.18 (As of May. 19, 2024)


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What is Alamos Gold Cyclically Adjusted PB Ratio?

As of today (2024-05-19), Alamos Gold's current share price is C$23.26. Alamos Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$10.65. Alamos Gold's Cyclically Adjusted PB Ratio for today is 2.18.

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

TSX:AGI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.42   Max: 6
Current: 2.18

During the past years, Alamos Gold's highest Cyclically Adjusted PB Ratio was 6.00. The lowest was 0.57. And the median was 1.42.

TSX:AGI's Cyclically Adjusted PB Ratio is ranked worse than
72.22% of 1616 companies
in the Metals & Mining industry
Industry Median: 0.86 vs TSX:AGI: 2.18

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.

Alamos Gold's adjusted book value per share data for the three months ended in Mar. 2024 was C$10.080. 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 C$10.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alamos Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alamos 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.

Alamos Gold Cyclically Adjusted PB Ratio Chart

Alamos 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 1.00 1.32 1.06 1.36 1.69

Alamos 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 1.61 1.52 1.46 1.69 1.87

Competitive Comparison of Alamos Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Alamos 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.


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

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

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



Alamos 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.26/10.65
=2.18

* 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.

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

For example, Alamos 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)
=10.08/126.2576*126.2576
=10.080

Current CPI (Mar. 2024) = 126.2576.

Alamos Gold Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.801 99.473 8.632
201409 6.785 99.394 8.619
201412 14.771 98.367 18.959
201503 7.792 99.789 9.859
201506 11.273 100.500 14.162
201509 9.252 100.421 11.632
201512 9.197 99.947 11.618
201603 8.837 101.054 11.041
201606 8.577 102.002 10.617
201609 8.735 101.765 10.837
201612 8.787 101.449 10.936
201703 8.982 102.634 11.049
201706 8.950 103.029 10.968
201709 8.386 103.345 10.245
201712 8.799 103.345 10.750
201803 8.901 105.004 10.703
201806 8.980 105.557 10.741
201809 8.927 105.636 10.670
201812 8.937 105.399 10.706
201903 8.983 106.979 10.602
201906 8.984 107.690 10.533
201909 8.995 107.611 10.554
201912 9.059 107.769 10.613
202003 9.483 107.927 11.094
202006 9.301 108.401 10.833
202009 9.331 108.164 10.892
202012 9.299 108.559 10.815
202103 9.253 110.298 10.592
202106 8.431 111.720 9.528
202109 8.788 112.905 9.827
202112 8.935 113.774 9.915
202203 8.782 117.646 9.425
202206 8.826 120.806 9.224
202209 9.089 120.648 9.512
202212 9.387 120.964 9.798
202303 9.602 122.702 9.880
202306 9.569 124.203 9.727
202309 9.821 125.230 9.902
202312 9.881 125.072 9.975
202403 10.080 126.258 10.080

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.


Alamos Gold  (TSX:AGI) 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.


Alamos Gold Cyclically Adjusted PB Ratio Related Terms

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


Alamos Gold (TSX:AGI) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Brookfield Place, Suite 3910, Toronto, ON, CAN, M5J 2T3
Alamos Gold Inc acquires, explores, and produces gold and other precious metals, and operates in two principal geographic areas: Canada and Mexico. The company has three operating mines in North America: Young-Davidson and Island Gold mines operate in Canada and the Mulatos and in Sonora, Mexico. The company generates maximum revenue from Young Davidson mines.