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Big River Gold (ASX:BRV) Cyclically Adjusted PB Ratio : (As of Jun. 18, 2024)


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What is Big River Gold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Big River Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Big River 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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Big River Gold Cyclically Adjusted PB Ratio Chart

Big River Gold Annual Data
Trend Jun12 Jun13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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Big River Gold Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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Competitive Comparison of Big River Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Big River 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.


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

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

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



Big River 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.

Big River Gold's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec21 is calculated as:

For example, Big River Gold's adjusted Book Value per Share data for the fiscal year that ended in Dec21 was:

Adj_Book=Book Value per Share/CPI of Dec21 (Change)*Current CPI (Dec21)
=0.16/112.6538*112.6538
=0.160

Current CPI (Dec21) = 112.6538.

Big River Gold Annual Data

Book Value per Share CPI Adj_Book
201206 1.333 93.244 1.610
201306 1.249 95.473 1.474
201412 1.102 99.002 1.254
201512 0.525 100.673 0.587
201612 0.420 102.159 0.463
201712 0.459 104.110 0.497
201812 0.229 105.967 0.243
201912 0.150 107.917 0.157
202012 0.140 108.846 0.145
202112 0.160 112.654 0.160

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.


Big River Gold  (ASX:BRV) 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.


Big River Gold Cyclically Adjusted PB Ratio Related Terms

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Big River Gold (ASX:BRV) Business Description

Traded in Other Exchanges
N/A
Address
25 Richardson Street, Ground Floor, Perth, WA, AUS, 6005
Big River Gold Ltd is a specialized minerals exploration company focused on advancing its wholly-owned core projects in Brazil across the project exploration and development curve. It operates in two geographical areas being Australia and Brazil. The company projects include the Borborema Gold project is located in the Serido area of the Borborema province, within the State of Rio Grande do Norte in northeastern Brazil.

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