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

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What is Plato Gold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation

Plato Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Plato 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.

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Plato Gold Cyclically Adjusted PB Ratio Chart

Plato Gold Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cyclically Adjusted PB Ratio

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1.08

2.25

2.80

5.75

11.20

Plato Gold Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															12.43	11.20	11.83	9.75	5.03

Competitive Comparison of Plato Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Plato 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.

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

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

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

Plato 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.

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

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

Adj_Book	=	Book Value per Share	/	CPI of Sep. 2023 (Change)	*	Current CPI (Sep. 2023)
	=	0.005	/	125.2304	*	125.2304
	=	0.005

Current CPI (Sep. 2023) = 125.2304.

Plato Gold Quarterly Data

	Book Value per Share	CPI	Adj_Book
201312	0.006	96.945	0.008
201403	0.005	98.604	0.006
201406	0.004	99.473	0.005
201409	0.000	99.394	0.000
201412	0.002	98.367	0.003
201503	0.001	99.789	0.001
201506	0.001	100.500	0.001
201509	0.001	100.421	0.001
201512	-0.007	99.947	-0.009
201603	-0.007	101.054	-0.009
201606	-0.008	102.002	-0.010
201609	-0.008	101.765	-0.010
201612	-0.008	101.449	-0.010
201703	-0.008	102.634	-0.010
201706	0.000	103.029	0.000
201709	-0.009	103.345	-0.011
201712	-0.004	103.345	-0.005
201803	-0.002	105.004	-0.002
201806	0.000	105.557	0.000
201809	0.002	105.636	0.002
201812	0.004	105.399	0.005
201903	0.004	106.979	0.005
201906	0.004	107.690	0.005
201909	0.005	107.611	0.006
201912	0.005	107.769	0.006
202003	0.004	107.927	0.005
202006	0.005	108.401	0.006
202009	0.005	108.164	0.006
202012	0.005	108.559	0.006
202103	0.005	110.298	0.006
202106	0.006	111.720	0.007
202109	0.005	112.905	0.006
202112	0.005	113.774	0.006
202203	0.005	117.646	0.005
202206	0.005	120.806	0.005
202209	0.005	120.648	0.005
202212	0.005	120.964	0.005
202303	0.005	122.702	0.005
202306	0.005	124.203	0.005
202309	0.005	125.230	0.005

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.

Plato Gold (OTCPK:NIOVF) 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.

Plato Gold Cyclically Adjusted PB Ratio Related Terms

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Plato Gold (Plato Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Plato Gold Corp (OTCPK:NIOVF) » Definitions » Cyclically Adjusted PB Ratio

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PGC:Canada

Address

1240 Bay Street, Suite 800, Toronto, ON, CAN, M5R 2A7

Website

https://www.platogold.com

Plato Gold Corp is a Canada-based gold and rare minerals exploration company. It is engaged in exploring precious and strategic metals properties. The company has four projects namely, the Good Hope Niobium project, Pic River Platinum Group Metals (PGM) project, the Timmins Gold project, and the Lolita project.