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Galantas Gold (STU:G2V2) Cyclically Adjusted PB Ratio : 0.30 (As of Jun. 11, 2024)


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What is Galantas Gold Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Galantas Gold's current share price is €0.0925. Galantas Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.31. Galantas Gold's Cyclically Adjusted PB Ratio for today is 0.30.

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

STU:G2V2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.37   Max: 0.87
Current: 0.29

During the past years, Galantas Gold's highest Cyclically Adjusted PB Ratio was 0.87. The lowest was 0.08. And the median was 0.37.

STU:G2V2's Cyclically Adjusted PB Ratio is ranked better than
74.74% of 1635 companies
in the Metals & Mining industry
Industry Median: 0.86 vs STU:G2V2: 0.29

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.

Galantas Gold's adjusted book value per share data for the three months ended in Mar. 2024 was €0.063. 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 €0.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Galantas Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Galantas 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.

Galantas Gold Cyclically Adjusted PB Ratio Chart

Galantas 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 0.22 0.26 0.58 0.68 0.41

Galantas Gold 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 0.53 0.42 0.36 0.41 0.35

Competitive Comparison of Galantas Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Galantas 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.


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

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

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



Galantas 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0925/0.31
=0.30

* 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.

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

For example, Galantas Gold'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)
=0.063/126.2576*126.2576
=0.063

Current CPI (Mar. 2024) = 126.2576.

Galantas Gold Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.833 99.473 1.057
201409 0.519 99.394 0.659
201412 0.463 98.367 0.594
201503 0.454 99.789 0.574
201506 0.437 100.500 0.549
201509 0.467 100.421 0.587
201512 0.453 99.947 0.572
201603 0.396 101.054 0.495
201606 0.373 102.002 0.462
201609 0.352 101.765 0.437
201612 0.339 101.449 0.422
201703 0.346 102.634 0.426
201706 0.317 103.029 0.388
201709 0.306 103.345 0.374
201712 0.302 103.345 0.369
201803 0.291 105.004 0.350
201806 0.294 105.557 0.352
201809 0.284 105.636 0.339
201812 0.346 105.399 0.414
201903 0.335 106.979 0.395
201906 0.306 107.690 0.359
201909 0.305 107.611 0.358
201912 0.301 107.769 0.353
202003 0.279 107.927 0.326
202006 0.253 108.401 0.295
202009 0.232 108.164 0.271
202012 0.195 108.559 0.227
202103 0.192 110.298 0.220
202106 0.183 111.720 0.207
202109 0.175 112.905 0.196
202112 0.180 113.774 0.200
202203 0.179 117.646 0.192
202206 0.173 120.806 0.181
202209 0.179 120.648 0.187
202212 0.099 120.964 0.103
202303 0.103 122.702 0.106
202306 0.102 124.203 0.104
202309 0.093 125.230 0.094
202312 0.068 125.072 0.069
202403 0.063 126.258 0.063

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.


Galantas Gold  (STU:G2V2) 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.


Galantas Gold Cyclically Adjusted PB Ratio Related Terms

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


Galantas Gold (STU:G2V2) Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, Suite 201, Toronto, ON, CAN, M5C 1P1
Galantas Gold Corp is involved in mining and exploration activities. The company owns and operates a producing open-pit gold mine near Omagh, County Tyrone, Northern Ireland.

Galantas Gold (STU:G2V2) Headlines

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