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Roscan Gold (TSXV:ROS) Cyclically Adjusted PB Ratio : (As of May. 18, 2024)


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What is Roscan Gold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Roscan Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Roscan 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.

Roscan Gold Cyclically Adjusted PB Ratio Chart

Roscan Gold Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.09 152.20 163.11 72.85 54.36

Roscan 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 81.55 74.45 69.40 54.36 59.57

Competitive Comparison of Roscan Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Roscan 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.


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

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

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



Roscan 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.

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

For example, Roscan 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)
=-0.008/125.0724*125.0724
=-0.008

Current CPI (Jan. 2024) = 125.0724.

Roscan Gold Quarterly Data

Book Value per Share CPI Adj_Book
201404 -0.001 98.920 -0.001
201407 -0.001 99.315 -0.001
201410 -0.002 99.473 -0.003
201501 -0.002 98.209 -0.003
201504 -0.003 99.710 -0.004
201507 -0.003 100.579 -0.004
201510 -0.004 100.500 -0.005
201601 -0.005 100.184 -0.006
201604 -0.005 101.370 -0.006
201607 -0.006 101.844 -0.007
201610 -0.007 102.002 -0.009
201701 -0.008 102.318 -0.010
201704 -0.001 103.029 -0.001
201707 0.000 103.029 0.000
201710 -0.002 103.424 -0.002
201801 -0.004 104.056 -0.005
201804 -0.010 105.320 -0.012
201807 0.011 106.110 0.013
201810 0.007 105.952 0.008
201901 -0.002 105.557 -0.002
201904 0.024 107.453 0.028
201907 0.005 108.243 0.006
201910 -0.001 107.927 -0.001
202001 0.018 108.085 0.021
202004 0.016 107.216 0.019
202007 0.030 108.401 0.035
202010 -0.003 108.638 -0.003
202101 -0.006 109.192 -0.007
202104 0.015 110.851 0.017
202107 0.003 112.431 0.003
202110 0.017 113.695 0.019
202201 0.009 114.801 0.010
202204 0.007 118.357 0.007
202207 -0.002 120.964 -0.002
202210 -0.003 121.517 -0.003
202301 0.004 121.596 0.004
202304 -0.005 123.571 -0.005
202307 -0.004 124.914 -0.004
202310 -0.006 125.310 -0.006
202401 -0.008 125.072 -0.008

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.


Roscan Gold  (TSXV:ROS) 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.


Roscan Gold Cyclically Adjusted PB Ratio Related Terms

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Roscan Gold (TSXV:ROS) Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Roscan Gold Corp is a Canadian gold exploration company focused on the exploration and acquisition of gold properties in West Africa. The company has assembled a land position in an area of producing gold mines and gold deposits, located both north and south of its Kandiole Project in West Mali.

Roscan Gold (TSXV:ROS) Headlines

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