GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Getchell Gold Corp (XCNQ:GTCH) » Definitions » Cyclically Adjusted PB Ratio

Getchell Gold (XCNQ:GTCH) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Getchell Gold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Getchell Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Getchell 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.

Getchell Gold Cyclically Adjusted PB Ratio Chart

Getchell Gold Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Getchell Gold Quarterly Data
Oct18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Getchell Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Getchell 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.


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

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

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



Getchell 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.

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

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

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.01/125.0724*125.0724
=-0.010

Current CPI (Dec. 2023) = 125.0724.

Getchell Gold Quarterly Data

Book Value per Share CPI Adj_Book
201310 -0.063 97.182 -0.081
201401 -0.064 97.261 -0.082
201404 -0.066 98.920 -0.083
201407 -0.067 99.315 -0.084
201410 -0.071 99.473 -0.089
201501 -0.075 98.209 -0.096
201504 -0.076 99.710 -0.095
201507 -0.078 100.579 -0.097
201510 -0.082 100.500 -0.102
201601 -0.086 100.184 -0.107
201604 -0.089 101.370 -0.110
201607 -0.090 101.844 -0.111
201610 -0.095 102.002 -0.116
201701 -0.096 102.318 -0.117
201704 -0.100 103.029 -0.121
201707 -0.060 103.029 -0.073
201710 -0.052 103.424 -0.063
201801 -0.055 104.056 -0.066
201804 -0.068 105.320 -0.081
201807 -0.072 106.110 -0.085
201810 -0.070 105.952 -0.083
201903 0.000 106.979 0.000
201906 0.012 107.690 0.014
201909 0.003 107.611 0.003
201912 0.016 107.769 0.019
202003 0.015 107.927 0.017
202006 0.019 108.401 0.022
202009 0.046 108.164 0.053
202012 0.030 108.559 0.035
202103 0.028 110.298 0.032
202106 0.057 111.720 0.064
202109 0.045 112.905 0.050
202112 0.041 113.774 0.045
202203 0.041 117.646 0.044
202206 0.042 120.806 0.043
202209 0.022 120.648 0.023
202212 0.009 120.964 0.009
202303 0.004 122.702 0.004
202309 0.003 125.230 0.003
202312 -0.010 125.072 -0.010

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.


Getchell Gold  (XCNQ:GTCH) 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.


Getchell Gold Cyclically Adjusted PB Ratio Related Terms

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


Getchell Gold (XCNQ:GTCH) Business Description

Traded in Other Exchanges
Address
625 Howe Street, Suite 488, Vancouver, BC, CAN, V6C 2T6
Getchell Gold Corp is a resource company committed to responsible exploration focused on gold and copper in Nevada. The company's projects are Fondaway canyon, Star, Dixie comstock, and Hot springs peak projects. Getchell Gold is directing its efforts on Fondaway Canyon, a past gold producer with an in-the-ground historic resources, and on the Star project, a past high-grade copper, gold, and silver small-scale producer. Along with Dixie Comstock, a past gold producer with a historic resource and one earlier stage exploration project, Hot Springs Peak (Au). Getchell has the option to acquire 100% of the Fondaway Canyon and Dixie Comstock properties, Churchill County, Nevada.
Executives
William Wagener Director, Senior Officer
Peter Michael Clausi Director, Senior Officer