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Atlantic Gold (ASX:AGB) Cyclically Adjusted PB Ratio : (As of Jun. 25, 2024)


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What is Atlantic Gold Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlantic Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Atlantic 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.

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Atlantic Gold Cyclically Adjusted PB Ratio Chart

Atlantic Gold Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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Atlantic Gold Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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Competitive Comparison of Atlantic Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Atlantic 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.


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

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

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



Atlantic 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.

Atlantic Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2019 is calculated as:

For example, Atlantic Gold's adjusted Book Value per Share data for the three months ended in Mar. 2019 was:

Adj_Book=Book Value per Share/CPI of Mar. 2019 (Change)*Current CPI (Mar. 2019)
=2.048/106.9792*106.9792
=2.048

Current CPI (Mar. 2019) = 106.9792.

Atlantic Gold Quarterly Data

Book Value per Share CPI Adj_Book
200906 0.565 90.940 0.665
200909 0.540 90.624 0.637
200912 0.534 90.703 0.630
201003 0.538 91.335 0.630
201006 0.551 91.809 0.642
201009 0.499 92.362 0.578
201012 0.483 92.836 0.557
201103 0.429 94.338 0.486
201106 0.440 94.654 0.497
201109 0.440 95.286 0.494
201112 0.441 94.970 0.497
201203 0.481 96.155 0.535
201206 0.492 96.076 0.548
201209 0.492 96.392 0.546
201212 0.479 95.760 0.535
201303 0.464 97.103 0.511
201306 0.501 97.182 0.552
201309 0.503 97.419 0.552
201312 0.502 96.945 0.554
201403 0.468 98.604 0.508
201406 0.462 99.473 0.497
201409 0.552 99.394 0.594
201412 0.567 98.367 0.617
201503 0.547 99.789 0.586
201506 0.551 100.500 0.587
201509 0.555 100.421 0.591
201512 0.513 99.947 0.549
201603 0.508 101.054 0.538
201606 0.865 102.002 0.907
201609 0.913 101.765 0.960
201612 0.908 101.449 0.958
201703 0.872 102.634 0.909
201706 0.896 103.029 0.930
201709 0.962 103.345 0.996
201712 1.130 103.345 1.170
201803 1.179 105.004 1.201
201806 1.559 105.557 1.580
201809 1.841 105.636 1.864
201812 1.907 105.399 1.936
201903 2.048 106.979 2.048

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.


Atlantic Gold  (ASX:AGB) 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.


Atlantic Gold Cyclically Adjusted PB Ratio Related Terms

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


Atlantic Gold (ASX:AGB) Business Description

Traded in Other Exchanges
N/A
Address
595 Burrard Street, Suite 3083, P.O. Box 49298, Three Bentall Centre, Vancouver, BC, CAN, V7X 1L3
Atlantic Gold Corp is engaged in the acquisition, exploration, and development of mineral properties. The company explores for gold. It holds interests in the Moose River Consolidated Project comprising the Touquoy and the Beaver Dam gold deposits; the Cochrane Hill gold deposit; and the Fifteen Mile Stream deposit. All the business activity is primarily functioned through the region of Canada.

Atlantic Gold (ASX:AGB) Headlines

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