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Banro (BAA) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


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What is Banro Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Banro Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Banro'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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Banro Cyclically Adjusted PB Ratio Chart

Banro Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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Banro Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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Competitive Comparison of Banro's Cyclically Adjusted PB Ratio

For the Gold subindustry, Banro'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.


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

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

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



Banro 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.

Banro's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2017 is calculated as:

For example, Banro's adjusted Book Value per Share data for the three months ended in Jun. 2017 was:

Adj_Book=Book Value per Share/CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=2.068/103.0287*103.0287
=2.068

Current CPI (Jun. 2017) = 103.0287.

Banro Quarterly Data

Book Value per Share CPI Adj_Book
200709 24.272 88.412 28.285
200712 24.400 88.491 28.409
200803 25.654 88.965 29.709
200806 24.788 91.177 28.010
200809 28.271 91.414 31.863
200812 21.146 89.518 24.338
200903 19.659 90.071 22.487
200906 19.121 90.940 21.663
200909 19.641 90.624 22.329
200912 19.236 90.703 21.850
201003 19.270 91.335 21.737
201006 18.698 91.809 20.983
201009 18.823 92.362 20.997
201012 18.796 92.836 20.860
201103 19.872 94.338 21.703
201106 19.835 94.654 21.590
201109 19.825 95.286 21.436
201112 19.739 94.970 21.414
201203 20.440 96.155 21.901
201206 20.417 96.076 21.895
201209 20.472 96.392 21.882
201212 20.967 95.760 22.559
201303 21.397 97.103 22.703
201306 19.527 97.182 20.702
201309 19.398 97.419 20.515
201312 19.476 96.945 20.698
201403 19.451 98.604 20.324
201406 19.346 99.473 20.037
201409 19.505 99.394 20.218
201412 19.536 98.367 20.462
201503 19.793 99.789 20.436
201506 17.861 100.500 18.310
201509 17.383 100.421 17.834
201512 16.636 99.947 17.149
201603 13.386 101.054 13.648
201606 12.943 102.002 13.073
201609 12.751 101.765 12.909
201612 12.436 101.449 12.630
201703 11.916 102.634 11.962
201706 2.068 103.029 2.068

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.


Banro  (AMEX:BAA) 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.


Banro Cyclically Adjusted PB Ratio Related Terms

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Banro (BAA) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 7070, 1 First Canadian Place, Toronto, ON, CAN, M5X 1E3
Banro Corp is a Canadian gold mining company. Principally it focuses on exploration, development, and production of mineral properties in the Democratic Republic of the Congo. The company holds two gold producing mines Twangiza mines and Namoya mines and two advancing gold exploration projects which include Lugushwa project and Kamituga project. Twangiza mine property is located approximately 45 kilometers south-southwest of Bukavu in south Kivu Province whereas the Namoya mine property lies at the southern end of the Twangiza-Namoya gold belt in Maniema province. The company's Lugushwa project and Kamituga project, both are located in the southwest city of Bukavu.

Banro (BAA) Headlines

From GuruFocus

Banro Corporation – On the Doorstep of Major Gold Production

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