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Belo Sun Mining (Belo Sun Mining) Cyclically Adjusted PB Ratio : 0.38 (As of Apr. 30, 2024)


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What is Belo Sun Mining Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Belo Sun Mining's current share price is $0.0338. Belo Sun Mining's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.09. Belo Sun Mining's Cyclically Adjusted PB Ratio for today is 0.38.

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

BSXGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.49
Current: 0.37

During the past years, Belo Sun Mining's highest Cyclically Adjusted PB Ratio was 0.49. The lowest was 0.00. And the median was 0.00.

BSXGF's Cyclically Adjusted PB Ratio is ranked better than
69.67% of 1612 companies
in the Metals & Mining industry
Industry Median: 0.85 vs BSXGF: 0.37

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.

Belo Sun Mining's adjusted book value per share data for the three months ended in Dec. 2023 was $0.041. 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 $0.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Belo Sun Mining Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Belo Sun Mining'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.

Belo Sun Mining Cyclically Adjusted PB Ratio Chart

Belo Sun Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.98 7.46 4.89 0.69 0.41

Belo Sun Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.69 0.53 0.58 0.50 0.41

Competitive Comparison of Belo Sun Mining's Cyclically Adjusted PB Ratio

For the Gold subindustry, Belo Sun Mining'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.


Belo Sun Mining's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Belo Sun Mining's Cyclically Adjusted PB Ratio falls into.



Belo Sun Mining 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.

Belo Sun Mining's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0338/0.09
=0.38

* 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.

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

For example, Belo Sun Mining'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)
=0.041/125.4675*125.4675
=0.041

Current CPI (Dec. 2023) = 125.4675.

Belo Sun Mining Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.056 98.604 0.071
201406 0.044 99.473 0.055
201409 0.039 99.394 0.049
201412 0.028 98.367 0.036
201503 0.020 99.789 0.025
201506 0.043 100.500 0.054
201509 0.039 100.421 0.049
201512 0.034 99.947 0.043
201603 0.051 101.054 0.063
201606 0.043 102.002 0.053
201609 0.144 101.765 0.178
201612 0.138 101.449 0.171
201703 0.124 102.634 0.152
201706 0.124 103.029 0.151
201709 0.129 103.345 0.157
201712 0.124 103.345 0.151
201803 0.120 105.004 0.143
201806 0.114 105.557 0.136
201809 0.112 105.636 0.133
201812 0.106 105.399 0.126
201903 0.103 106.979 0.121
201906 0.099 107.690 0.115
201909 0.097 107.611 0.113
201912 0.093 107.769 0.108
202003 0.088 107.927 0.102
202006 0.088 108.401 0.102
202009 0.088 108.164 0.102
202012 0.087 108.559 0.101
202103 0.086 110.298 0.098
202106 0.085 111.720 0.095
202109 0.080 112.905 0.089
202112 0.080 113.774 0.088
202203 0.078 117.646 0.083
202206 0.075 120.806 0.078
202209 0.061 120.648 0.063
202212 0.057 120.964 0.059
202303 0.055 122.702 0.056
202306 0.054 124.203 0.055
202309 0.052 125.230 0.052
202312 0.041 125.468 0.041

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.


Belo Sun Mining  (OTCPK:BSXGF) 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.


Belo Sun Mining Cyclically Adjusted PB Ratio Related Terms

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


Belo Sun Mining (Belo Sun Mining) Business Description

Traded in Other Exchanges
Address
198 Davenport Road, Toronto, ON, CAN, M5R 1J2
Belo Sun Mining Corp is a Canada-based gold exploration and development company. It operates in Canada where its head office is located and in Brazil where its exploration and development properties are located. The company owns and operates the Volta Grande Gold project.

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