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Pinnacle Silver and Gold (TSXV:PINN) Cyclically Adjusted PB Ratio : 0.20 (As of May. 21, 2024)


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What is Pinnacle Silver and Gold Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Pinnacle Silver and Gold's current share price is C$0.04. Pinnacle Silver and Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$0.20. Pinnacle Silver and Gold's Cyclically Adjusted PB Ratio for today is 0.20.

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

TSXV:PINN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.41
Current: 0.2

During the past years, Pinnacle Silver and Gold's highest Cyclically Adjusted PB Ratio was 0.41. The lowest was 0.00. And the median was 0.00.

TSXV:PINN's Cyclically Adjusted PB Ratio is ranked better than
81.06% of 1616 companies
in the Metals & Mining industry
Industry Median: 0.905 vs TSXV:PINN: 0.20

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.

Pinnacle Silver and Gold's adjusted book value per share data for the three months ended in Jan. 2024 was C$-0.009. 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$0.20 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pinnacle Silver and Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pinnacle Silver and 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.

Pinnacle Silver and Gold Cyclically Adjusted PB Ratio Chart

Pinnacle Silver and Gold Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.72 2.44 1.18 0.40

Pinnacle Silver and Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.39 0.40 0.41 0.42 0.15

Competitive Comparison of Pinnacle Silver and Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Pinnacle Silver and 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.


Pinnacle Silver and Gold's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Pinnacle Silver and 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.

Pinnacle Silver and Gold's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.04/0.2
=0.20

* 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.

Pinnacle Silver and Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Pinnacle Silver and Gold's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.009/125.0724*125.0724
=-0.009

Current CPI (Jan. 2024) = 125.0724.

Pinnacle Silver and Gold Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.325 98.920 0.411
201407 0.248 99.315 0.312
201410 0.212 99.473 0.267
201501 0.206 98.209 0.262
201504 0.199 99.710 0.250
201507 0.196 100.579 0.244
201510 0.187 100.500 0.233
201601 0.226 100.184 0.282
201604 0.222 101.370 0.274
201607 0.202 101.844 0.248
201610 0.191 102.002 0.234
201701 0.302 102.318 0.369
201704 0.353 103.029 0.429
201707 0.315 103.029 0.382
201710 0.238 103.424 0.288
201801 0.248 104.056 0.298
201804 0.228 105.320 0.271
201807 0.195 106.110 0.230
201810 0.224 105.952 0.264
201901 0.186 105.557 0.220
201904 0.169 107.453 0.197
201907 0.173 108.243 0.200
201910 0.162 107.927 0.188
202001 0.223 108.085 0.258
202004 0.151 107.216 0.176
202007 0.146 108.401 0.168
202010 0.149 108.638 0.172
202101 0.186 109.192 0.213
202104 0.200 110.851 0.226
202107 0.142 112.431 0.158
202110 0.116 113.695 0.128
202201 0.114 114.801 0.124
202204 0.010 118.357 0.011
202207 -0.004 120.964 -0.004
202210 -0.012 121.517 -0.012
202301 -0.007 121.596 -0.007
202304 0.010 123.571 0.010
202307 0.005 124.914 0.005
202310 -0.005 125.310 -0.005
202401 -0.009 125.072 -0.009

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.


Pinnacle Silver and Gold  (TSXV:PINN) 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.


Pinnacle Silver and Gold Cyclically Adjusted PB Ratio Related Terms

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


Pinnacle Silver and Gold (TSXV:PINN) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 3B6
Newrange Gold Corp has signed a binding Definitive Agreement for an RTO with ASX-listed Mithril Resources to create a new Americas-focused precious metals exploration & development company. The flagship project will be the high-grade gold-silver Copalquin Project in the Sierra Madre of Mexico. The Company will also continue to focus on district-scale exploration for precious metals in the prolific Red Lake District of northwestern Ontario. The past-producing high-grade Argosy Gold Mine is open to depth, while the adjacent North Birch Project offers additional blue-sky potential. Both projects lie within 10-12 kilometres of the Springpole Gold Deposit currently under development by First Mining Gold.

Pinnacle Silver and Gold (TSXV:PINN) Headlines

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