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Galiano Gold (Galiano Gold) Cyclically Adjusted PB Ratio : 0.95 (As of Apr. 27, 2024)


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What is Galiano Gold Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Galiano Gold's current share price is $1.58. Galiano Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.67. Galiano Gold's Cyclically Adjusted PB Ratio for today is 0.95.

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

GAU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.44   Max: 2.65
Current: 0.95

During the past years, Galiano Gold's highest Cyclically Adjusted PB Ratio was 2.65. The lowest was 0.18. And the median was 0.44.

GAU's Cyclically Adjusted PB Ratio is ranked worse than
52.11% of 1610 companies
in the Metals & Mining industry
Industry Median: 0.855 vs GAU: 0.95

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.

Galiano Gold's adjusted book value per share data for the three months ended in Dec. 2023 was $0.893. 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 $1.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Galiano Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Galiano 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.

Galiano Gold Cyclically Adjusted PB Ratio Chart

Galiano 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 0.46 0.56 0.37 0.31 0.56

Galiano 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 0.31 0.34 0.35 0.36 0.56

Competitive Comparison of Galiano Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Galiano 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.


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

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

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



Galiano 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.58/1.67
=0.95

* 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.

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

For example, Galiano 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)
=0.893/125.4675*125.4675
=0.893

Current CPI (Dec. 2023) = 125.4675.

Galiano Gold Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.257 98.604 2.872
201406 2.268 99.473 2.861
201409 2.217 99.394 2.799
201412 2.204 98.367 2.811
201503 2.087 99.789 2.624
201506 2.108 100.500 2.632
201509 2.093 100.421 2.615
201512 2.104 99.947 2.641
201603 2.088 101.054 2.592
201606 2.024 102.002 2.490
201609 2.104 101.765 2.594
201612 2.063 101.449 2.551
201703 2.109 102.634 2.578
201706 2.117 103.029 2.578
201709 2.144 103.345 2.603
201712 2.123 103.345 2.577
201803 2.135 105.004 2.551
201806 1.372 105.557 1.631
201809 1.371 105.636 1.628
201812 1.368 105.399 1.628
201903 1.345 106.979 1.577
201906 1.373 107.690 1.600
201909 0.721 107.611 0.841
201912 0.628 107.769 0.731
202003 0.723 107.927 0.841
202006 0.790 108.401 0.914
202009 0.807 108.164 0.936
202012 0.887 108.559 1.025
202103 0.946 110.298 1.076
202106 0.970 111.720 1.089
202109 0.991 112.905 1.101
202112 0.590 113.774 0.651
202203 0.584 117.646 0.623
202206 0.638 120.806 0.663
202209 0.644 120.648 0.670
202212 0.772 120.964 0.801
202303 0.811 122.702 0.829
202306 0.865 124.203 0.874
202309 0.917 125.230 0.919
202312 0.893 125.468 0.893

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.


Galiano Gold  (AMEX:GAU) 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.


Galiano Gold Cyclically Adjusted PB Ratio Related Terms

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


Galiano Gold (Galiano Gold) Business Description

Traded in Other Exchanges
Address
1066 West Hastings Street, Suite 1640, Vancouver, BC, CAN, V6E 3X1
Galiano Gold Inc is focused on building a sustainable business capable of long term value creation for its stakeholders through a combination of exploration, accretive acquisitions, and the disciplined deployment of its financial resources. The company currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa. Its Asanko Gold Mine is a multi-deposit complex, with two main deposits, the Obotan Project and the Esaase Project, both located in the Amansie West District of the Republic of Ghana, West Africa.