BARUF (Baru Gold) Cyclically Adjusted PB Ratio: (As of Sep. 04, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Baru Gold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Baru Gold  (OTCPK:BARUF) 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.


Baru Gold Cyclically Adjusted PB Ratio Related Terms


Baru Gold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Baru 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.

Baru Gold Cyclically Adjusted PB Ratio Chart

Baru Gold Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.05 0.15 0.20 0.00

Baru Gold Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.00 0.00 0.00 177.57 12.72

BARUF vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Baru 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.


Baru Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Baru 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.

Baru Gold's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, Baru Gold's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0.006/134.0005*134.0005
=0.006

Current CPI (May. 2026) = 134.0005.

Baru Gold Quarterly Data

Book Value per Share CPI Adj_Book
201608 -0.060 101.686 -0.079
201611 -0.062 101.607 -0.082
201702 -0.058 102.476 -0.076
201705 0.027 103.108 0.035
201708 0.020 103.108 0.026
201711 0.014 103.740 0.018
201802 -0.002 104.688 -0.003
201805 -0.007 105.399 -0.009
201808 -0.015 106.031 -0.019
201811 -0.006 105.478 -0.008
201902 -0.010 106.268 -0.013
201905 -0.009 107.927 -0.011
201908 -0.005 108.085 -0.006
201911 -0.005 107.769 -0.006
202002 -0.008 108.559 -0.010
202005 -0.002 107.532 -0.002
202008 0.003 108.243 0.004
202011 0.026 108.796 0.032
202102 0.026 109.745 0.032
202105 0.026 111.404 0.031
202108 0.023 112.668 0.027
202111 0.025 113.932 0.029
202202 0.023 115.986 0.027
202205 0.020 120.016 0.022
202208 0.020 120.569 0.022
202211 0.016 121.675 0.018
202302 0.013 122.070 0.014
202305 0.011 124.045 0.012
202308 0.008 125.389 0.009
202311 0.007 125.468 0.007
202402 0.006 125.468 0.006
202405 0.005 127.601 0.005
202408 0.003 127.838 0.003
202411 0.003 127.838 0.003
202502 0.001 128.786 0.001
202505 0.002 129.813 0.002
202508 0.006 130.208 0.006
202511 0.006 130.682 0.006
202602 0.007 131.077 0.007
202605 0.006 134.001 0.006

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.


Baru Gold Business Description

Other Exchanges WG3N:GermanyBARU:Canada
Address 1021 West Hastings Street, Suite 900, Vancouver, BC, CAN, V6E 0C3
Baru Gold Corp is an Indonesian-based Canadian mineral exploration and evaluation company. The company is building a new gold production facility in Indonesia. It is a junior gold developer with NI43-101 gold resources. Its projects include the Sangihe Gold project and the Indonesian Focus.