GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Avino Silver & Gold Mines Ltd (LTS:0XGF) » Definitions » Cyclically Adjusted PB Ratio

Avino Silver & Gold Mines (LTS:0XGF) Cyclically Adjusted PB Ratio : 1.08 (As of Jun. 10, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Avino Silver & Gold Mines Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Avino Silver & Gold Mines's current share price is C$1.35. Avino Silver & Gold Mines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$1.25. Avino Silver & Gold Mines's Cyclically Adjusted PB Ratio for today is 1.08.

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

LTS:0XGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.19   Max: 3.66
Current: 0.92

During the past years, Avino Silver & Gold Mines's highest Cyclically Adjusted PB Ratio was 3.66. The lowest was 0.32. And the median was 1.19.

LTS:0XGF's Cyclically Adjusted PB Ratio is ranked worse than
51.68% of 1635 companies
in the Metals & Mining industry
Industry Median: 0.86 vs LTS:0XGF: 0.92

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.

Avino Silver & Gold Mines's adjusted book value per share data for the three months ended in Mar. 2024 was C$1.112. 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 C$1.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avino Silver & Gold Mines Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Avino Silver & Gold Mines'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.

Avino Silver & Gold Mines Cyclically Adjusted PB Ratio Chart

Avino Silver & Gold Mines 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 0.58 1.28 0.83 0.64 0.47

Avino Silver & Gold Mines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.83 0.58 0.47 0.47 0.57

Competitive Comparison of Avino Silver & Gold Mines's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Avino Silver & Gold Mines'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.


Avino Silver & Gold Mines's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Avino Silver & Gold Mines's Cyclically Adjusted PB Ratio falls into.



Avino Silver & Gold Mines 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.

Avino Silver & Gold Mines's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.35/1.25
=1.08

* 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.

Avino Silver & Gold Mines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Avino Silver & Gold Mines's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.112/126.2576*126.2576
=1.112

Current CPI (Mar. 2024) = 126.2576.

Avino Silver & Gold Mines Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.122 99.473 1.424
201409 1.179 99.394 1.498
201412 1.265 98.367 1.624
201503 1.331 99.789 1.684
201506 1.336 100.500 1.678
201509 1.347 100.421 1.694
201512 1.380 99.947 1.743
201603 1.371 101.054 1.713
201606 1.364 102.002 1.688
201609 1.508 101.765 1.871
201612 1.573 101.449 1.958
201703 1.600 102.634 1.968
201706 1.653 103.029 2.026
201709 1.566 103.345 1.913
201712 1.671 103.345 2.041
201803 1.689 105.004 2.031
201806 1.721 105.557 2.059
201809 1.559 105.636 1.863
201812 1.595 105.399 1.911
201903 1.561 106.979 1.842
201906 1.515 107.690 1.776
201909 1.412 107.611 1.657
201912 0.927 107.769 1.086
202003 0.955 107.927 1.117
202006 0.906 108.401 1.055
202009 0.885 108.164 1.033
202012 0.844 108.559 0.982
202103 0.967 110.298 1.107
202106 0.933 111.720 1.054
202109 0.940 112.905 1.051
202112 0.983 113.774 1.091
202203 1.017 117.646 1.091
202206 1.063 120.806 1.111
202209 1.088 120.648 1.139
202212 1.125 120.964 1.174
202303 1.124 122.702 1.157
202306 1.085 124.203 1.103
202309 1.114 125.230 1.123
202312 1.105 125.072 1.115
202403 1.112 126.258 1.112

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.


Avino Silver & Gold Mines  (LTS:0XGF) 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.


Avino Silver & Gold Mines Cyclically Adjusted PB Ratio Related Terms

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


Avino Silver & Gold Mines (LTS:0XGF) Business Description

Traded in Other Exchanges
Address
570 Granville Street, Suite 900, Vancouver, BC, CAN, V6C 3P1
Avino Silver & Gold Mines Ltd is a mineral resource company. It is engaged in the exploration, extraction, and processing of silver, gold, and copper and the acquisition, exploration, and advancement of mineral properties. The company generates majority of its revenues through the sale of Copper produced from its mines. Its project portfolio includes Avino; San Gonzalo; Oxide Tailings; Bralorne Gold and others.

Avino Silver & Gold Mines (LTS:0XGF) Headlines

No Headlines