GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Green River Gold Corp (XCNQ:CCR) » Definitions » Cyclically Adjusted PB Ratio

Green River Gold (XCNQ:CCR) Cyclically Adjusted PB Ratio : (As of May. 23, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Green River Gold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Green River Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Green River 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.

Green River Gold Cyclically Adjusted PB Ratio Chart

Green River Gold Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 207.53 25.13 23.02 397.96 -

Green River Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - 93.44

Competitive Comparison of Green River Gold's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Green River 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.


Green River Gold's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Green River Gold's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Green River 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.

Green River Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Green River Gold's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.022/125.0724*125.0724
=0.022

Current CPI (Dec. 2023) = 125.0724.

Green River Gold Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.007 98.604 -0.009
201406 -0.011 99.473 -0.014
201409 -0.021 99.394 -0.026
201412 -0.026 98.367 -0.033
201503 -0.029 99.789 -0.036
201506 -0.028 100.500 -0.035
201509 -0.033 100.421 -0.041
201512 -0.035 99.947 -0.044
201603 -0.038 101.054 -0.047
201606 -0.019 102.002 -0.023
201609 -0.021 101.765 -0.026
201612 -0.023 101.449 -0.028
201703 -0.025 102.634 -0.030
201706 -0.025 103.029 -0.030
201709 0.002 103.345 0.002
201712 0.002 103.345 0.002
201803 0.001 105.004 0.001
201806 0.000 105.557 0.000
201809 0.007 105.636 0.008
201812 0.012 105.399 0.014
201903 0.010 106.979 0.012
201906 0.006 107.690 0.007
201909 0.014 107.611 0.016
201912 0.015 107.769 0.017
202003 0.014 107.927 0.016
202006 0.019 108.401 0.022
202009 0.025 108.164 0.029
202012 0.024 108.559 0.028
202103 0.022 110.298 0.025
202106 0.026 111.720 0.029
202109 0.015 112.905 0.017
202112 0.020 113.774 0.022
202203 0.021 117.646 0.022
202206 0.019 120.806 0.020
202209 0.021 120.648 0.022
202212 0.024 120.964 0.025
202303 0.021 122.702 0.021
202306 0.022 124.203 0.022
202309 0.020 125.230 0.020
202312 0.022 125.072 0.022

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.


Green River Gold  (XCNQ:CCR) 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.


Green River Gold Cyclically Adjusted PB Ratio Related Terms

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


Green River Gold (XCNQ:CCR) Business Description

Traded in Other Exchanges
Address
6220 Fulton Road NW, Suite 115, Edmonton, AB, CAN, T6A 3T4
Green River Gold Corp is engaged in the business of location, acquisition, exploration, and development of mineral properties, including alluvial gold properties. It also provides services to the placer mining industry, selling equipment and supplies, renting placer mining claims and equipment, and providing permitting and consulting services. Its operating segments are retail division and mining division. The majority of its revenue comes from the Retail segment, which sells larger mining equipment, including refurbished used mining equipment and new equipment manufactured by a related Company.
Executives
Arthur Craig Brekkas Director