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Carlin Gold (TSXV:CGD) Cyclically Adjusted PB Ratio : 1.04 (As of Jun. 10, 2024)


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What is Carlin Gold Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Carlin Gold's current share price is C$0.26. Carlin Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.25. Carlin Gold's Cyclically Adjusted PB Ratio for today is 1.04.

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

TSXV:CGD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.03
Current: 1.03

During the past years, Carlin Gold's highest Cyclically Adjusted PB Ratio was 1.03. The lowest was 0.00. And the median was 0.00.

TSXV:CGD's Cyclically Adjusted PB Ratio is ranked worse than
54.62% of 1635 companies
in the Metals & Mining industry
Industry Median: 0.86 vs TSXV:CGD: 1.03

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.

Carlin Gold's adjusted book value per share data for the three months ended in Mar. 2024 was C$0.218. 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$0.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carlin Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Carlin 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.

Carlin Gold Cyclically Adjusted PB Ratio Chart

Carlin 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 0.27 1.59 1.27 0.68 0.56

Carlin 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 1.22 0.52 0.66 0.56 0.71

Competitive Comparison of Carlin Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Carlin 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.


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

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

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



Carlin 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.26/0.25
=1.04

* 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.

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

For example, Carlin 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)
=0.218/126.2576*126.2576
=0.218

Current CPI (Mar. 2024) = 126.2576.

Carlin Gold Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.487 99.473 0.618
201409 0.484 99.394 0.615
201412 0.273 98.367 0.350
201503 0.256 99.789 0.324
201506 0.250 100.500 0.314
201509 0.235 100.421 0.295
201512 0.222 99.947 0.280
201603 0.216 101.054 0.270
201606 0.215 102.002 0.266
201609 0.204 101.765 0.253
201612 0.230 101.449 0.286
201703 0.224 102.634 0.276
201706 0.221 103.029 0.271
201709 0.227 103.345 0.277
201712 0.203 103.345 0.248
201803 0.200 105.004 0.240
201806 0.197 105.557 0.236
201809 0.186 105.636 0.222
201812 0.175 105.399 0.210
201903 0.170 106.979 0.201
201906 0.177 107.690 0.208
201909 0.173 107.611 0.203
201912 0.166 107.769 0.194
202003 0.156 107.927 0.182
202006 0.158 108.401 0.184
202009 0.188 108.164 0.219
202012 0.183 108.559 0.213
202103 0.169 110.298 0.193
202106 0.163 111.720 0.184
202109 0.176 112.905 0.197
202112 0.192 113.774 0.213
202203 0.186 117.646 0.200
202206 0.172 120.806 0.180
202209 0.191 120.648 0.200
202212 0.235 120.964 0.245
202303 0.225 122.702 0.232
202306 0.183 124.203 0.186
202309 0.217 125.230 0.219
202312 0.214 125.072 0.216
202403 0.218 126.258 0.218

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.


Carlin Gold  (TSXV:CGD) 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.


Carlin Gold Cyclically Adjusted PB Ratio Related Terms

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


Carlin Gold (TSXV:CGD) Business Description

Traded in Other Exchanges
N/A
Address
405 - 375 Water Street, Vancouver, BC, CAN, V6B 5C6
Carlin Gold Corp is an exploration company. The firm is focused on Carlin-type gold exploration in Nevada. Its projects are Cortez Summit Property, and Yukon Joint Venture Property among others. The company operates in Canada and the United States. It has one operating segment mineral exploration and development.

Carlin Gold (TSXV:CGD) Headlines

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