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Gold Lakes (Gold Lakes) Cyclically Adjusted PB Ratio : (As of May. 09, 2024)


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What is Gold Lakes Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gold Lakes Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gold Lakes'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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Gold Lakes Cyclically Adjusted PB Ratio Chart

Gold Lakes Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16
Cyclically Adjusted PB Ratio
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Gold Lakes Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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Competitive Comparison of Gold Lakes's Cyclically Adjusted PB Ratio

For the Gold subindustry, Gold Lakes'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.


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

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

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



Gold Lakes 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.

Gold Lakes's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2017 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Apr. 2017 (Change)*Current CPI (Apr. 2017)
=-0.958/103.1673*103.1673
=-0.958

Current CPI (Apr. 2017) = 103.1673.

Gold Lakes Quarterly Data

Book Value per Share CPI Adj_Book
200701 0.000 85.402 0.000
200710 0.000 88.152 0.000
200801 0.000 89.057 0.000
200804 0.000 90.636 0.000
200807 0.000 92.805 0.000
200810 0.000 91.375 0.000
200901 0.000 89.084 0.000
200904 -307.692 89.968 -352.833
200907 -361.538 90.859 -410.515
200910 -384.615 91.207 -435.049
201001 -423.077 91.423 -477.428
201004 -446.154 91.980 -500.417
201007 -446.154 91.981 -500.412
201010 -500.000 92.277 -559.012
201101 -600.000 92.914 -666.209
201104 -269.231 94.890 -292.716
201107 -771.429 95.319 -834.947
201110 -1,085.714 95.529 -1,172.521
201201 -1,242.857 95.632 -1,340.782
201204 -1,357.143 97.075 -1,442.311
201207 -678.571 96.661 -724.243
201210 -835.714 97.595 -883.429
201301 -864.286 97.158 -917.747
201304 -871.429 98.107 -916.374
201307 -1,857.143 98.557 -1,944.024
201310 -1,435.714 98.536 -1,503.202
201401 -1,935.714 98.692 -2,023.497
201404 -1,971.429 100.023 -2,033.398
201407 -2,021.429 100.520 -2,074.661
201410 -2,064.286 100.176 -2,125.937
201501 -2,100.000 98.604 -2,197.197
201504 -2,142.857 99.824 -2,214.634
201507 -1,942.857 100.691 -1,990.644
201510 -15.984 100.346 -16.433
201601 -12.978 99.957 -13.395
201604 -50.302 100.947 -51.408
201607 -92.192 101.524 -93.685
201610 -118.041 101.988 -119.406
201701 -54.001 102.456 -54.376
201704 -0.958 103.167 -0.958

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.


Gold Lakes  (GREY:GLLK) 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.


Gold Lakes Cyclically Adjusted PB Ratio Related Terms

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Gold Lakes (Gold Lakes) Business Description

Traded in Other Exchanges
N/A
Address
3401 Enterprise Parkway, Suite 340, Beachwood, OH, USA, 42122
Gold Lakes Corp is involved in the business of mining and developing precious metals, mainly Gold. Its projects include The Big Monty property located in the north of Kirkland Lake and east of Timmins in Ontario and The Ponderosa property located in townships of Frecheville, Stoughton, and the Mistaken islands of Ontario, Canada.

Gold Lakes (Gold Lakes) Headlines

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