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AU (Anglogold Ashanti) Cyclically Adjusted PB Ratio : 4.24 (As of May. 23, 2025)


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What is Anglogold Ashanti Cyclically Adjusted PB Ratio?

As of today (2025-05-23), Anglogold Ashanti's current share price is $44.19. Anglogold Ashanti's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $10.42. Anglogold Ashanti's Cyclically Adjusted PB Ratio for today is 4.24.

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

AU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.56   Max: 4.3
Current: 4.12

During the past years, Anglogold Ashanti's highest Cyclically Adjusted PB Ratio was 4.30. The lowest was 0.58. And the median was 1.56.

AU's Cyclically Adjusted PB Ratio is ranked worse than
85.83% of 1531 companies
in the Metals & Mining industry
Industry Median: 0.95 vs AU: 4.12

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.

Anglogold Ashanti's adjusted book value per share data for the three months ended in Mar. 2025 was $13.438. 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 $10.42 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anglogold Ashanti Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Anglogold Ashanti'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.

Anglogold Ashanti Cyclically Adjusted PB Ratio Chart

Anglogold Ashanti Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.20 1.93 1.73 1.68 2.20

Anglogold Ashanti Quarterly Data
Jun19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - 2.29 2.49 2.20 3.56

Competitive Comparison of Anglogold Ashanti's Cyclically Adjusted PB Ratio

For the Gold subindustry, Anglogold Ashanti'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.


Anglogold Ashanti's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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


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Anglogold Ashanti 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.

Anglogold Ashanti's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=44.19/10.42
=4.24

* 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.

Anglogold Ashanti's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Anglogold Ashanti's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=13.438/134.9266*134.9266
=13.438

Current CPI (Mar. 2025) = 134.9266.

Anglogold Ashanti Quarterly Data

Book Value per Share CPI Adj_Book
201212 14.218 96.871 19.803
201303 15.223 98.209 20.914
201306 9.270 98.518 12.696
201309 9.471 98.790 12.935
201312 7.641 98.326 10.485
201403 7.782 99.695 10.532
201406 7.581 100.560 10.172
201409 7.384 100.428 9.921
201412 7.042 99.070 9.591
201503 6.835 99.621 9.257
201506 6.492 100.684 8.700
201509 5.863 100.392 7.880
201512 5.996 99.792 8.107
201606 6.446 101.688 8.553
201612 6.651 101.863 8.810
201706 6.372 103.349 8.319
201712 6.494 104.011 8.424
201806 6.329 106.317 8.032
201812 6.425 105.998 8.178
201903 0.000 107.251 0.000
201906 6.627 108.070 8.274
201912 6.357 108.420 7.911
202003 6.295 108.902 7.799
202006 7.240 108.767 8.981
202012 8.942 109.897 10.979
202103 8.724 111.754 10.533
202106 9.141 114.631 10.759
202112 9.693 117.630 11.118
202203 0.000 121.301 0.000
202206 10.142 125.017 10.946
202212 9.651 125.222 10.399
202303 9.744 127.348 10.324
202306 9.647 128.729 10.111
202309 0.000 129.860 0.000
202312 8.841 129.419 9.217
202403 0.000 131.776 0.000
202406 9.407 132.554 9.575
202409 9.813 133.029 9.953
202412 13.165 133.157 13.340
202503 13.438 134.927 13.438

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.


Anglogold Ashanti  (NYSE:AU) 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.


Anglogold Ashanti Cyclically Adjusted PB Ratio Related Terms

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


Anglogold Ashanti Business Description

Address
6363 S Fiddlers Green Circle, Suite 1000, Greenwood Village, Denver, CO, USA, 80111
Anglogold Ashanti PLC is one of the gold miners. The company also produces silver and sulphuric acid as by-products. Its operating divisions are Africa, Australia, and the Americas. The firm generates a majority of its revenue from the Africa region which includes its operations of the Kibali, Iduapriem, Obuasi, Siguiri, and Geita mines.