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Stakeholder Gold (TSXV:SRC) Cyclically Adjusted PB Ratio : 2.40 (As of Jun. 06, 2024)


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What is Stakeholder Gold Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Stakeholder Gold's current share price is C$0.84. Stakeholder Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.35. Stakeholder Gold's Cyclically Adjusted PB Ratio for today is 2.40.

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

TSXV:SRC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.94   Max: 3.03
Current: 2.87

During the past years, Stakeholder Gold's highest Cyclically Adjusted PB Ratio was 3.03. The lowest was 0.41. And the median was 0.94.

TSXV:SRC's Cyclically Adjusted PB Ratio is ranked worse than
80.7% of 1632 companies
in the Metals & Mining industry
Industry Median: 0.87 vs TSXV:SRC: 2.87

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.

Stakeholder Gold's adjusted book value per share data for the three months ended in Mar. 2024 was C$0.169. 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$0.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stakeholder Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Stakeholder 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.

Stakeholder Gold Cyclically Adjusted PB Ratio Chart

Stakeholder 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 - - 0.93 0.94 2.89

Stakeholder 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 1.81 2.39 2.82 2.89 2.87

Competitive Comparison of Stakeholder Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Stakeholder 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.


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

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

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



Stakeholder 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.84/0.35
=2.40

* 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.

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

For example, Stakeholder 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)
=0.169/126.2576*126.2576
=0.169

Current CPI (Mar. 2024) = 126.2576.

Stakeholder Gold Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.030 99.473 1.307
201409 1.606 99.394 2.040
201412 2.352 98.367 3.019
201503 2.246 99.789 2.842
201506 0.150 100.500 0.188
201509 0.152 100.421 0.191
201512 0.077 99.947 0.097
201603 0.281 101.054 0.351
201606 0.113 102.002 0.140
201609 0.514 101.765 0.638
201612 0.402 101.449 0.500
201703 0.347 102.634 0.427
201706 0.435 103.029 0.533
201709 0.360 103.345 0.440
201712 0.076 103.345 0.093
201803 -0.064 105.004 -0.077
201806 -0.079 105.557 -0.094
201809 -0.094 105.636 -0.112
201812 -0.089 105.399 -0.107
201903 -0.062 106.979 -0.073
201906 -0.097 107.690 -0.114
201909 -0.041 107.611 -0.048
201912 -0.010 107.769 -0.012
202003 -0.017 107.927 -0.020
202006 -0.033 108.401 -0.038
202009 -0.029 108.164 -0.034
202012 0.011 108.559 0.013
202103 0.026 110.298 0.030
202106 0.054 111.720 0.061
202109 0.089 112.905 0.100
202112 0.116 113.774 0.129
202203 0.138 117.646 0.148
202206 0.142 120.806 0.148
202209 0.169 120.648 0.177
202212 0.133 120.964 0.139
202303 0.142 122.702 0.146
202306 0.144 124.203 0.146
202309 0.123 125.230 0.124
202312 0.207 125.072 0.209
202403 0.169 126.258 0.169

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.


Stakeholder Gold  (TSXV:SRC) 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.


Stakeholder Gold Cyclically Adjusted PB Ratio Related Terms

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


Stakeholder Gold (TSXV:SRC) Business Description

Traded in Other Exchanges
Address
607 - 130 Queens Quay East, Toronto, ON, CAN, M5A 3Y5
Stakeholder Gold Corp is a mineral exploration company. Principally, it is engaged in the identification, acquisition, and exploration of properties for the mining of precious and base metals in Canada. It is engaged in the exploration and evaluation of properties for the mining of precious and base metals and the extraction of exotic quartzite. The company's project consists of the Ballarat gold project which is located in the White Gold District of the Yukon Territory and the VMC Blue Quartzite Project located in Minas Gerais, Brazil.
Executives
Christopher James Berlet Senior Officer