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CGTRF (GT Resources) Cyclically Adjusted PB Ratio : (As of Dec. 14, 2024)


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What is GT Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


GT Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GT Resources'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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GT Resources Cyclically Adjusted PB Ratio Chart

GT Resources Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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GT Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of GT Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, GT Resources'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.


GT Resources's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



GT Resources 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.

GT Resources's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, GT Resources's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.019/127.2847*127.2847
=0.019

Current CPI (Sep. 2024) = 127.2847.

GT Resources Quarterly Data

Book Value per Share CPI Adj_Book
201412 -0.087 98.367 -0.113
201503 -0.083 99.789 -0.106
201506 -0.123 100.500 -0.156
201509 -0.111 100.421 -0.141
201512 -0.117 99.947 -0.149
201603 0.004 101.054 0.005
201606 -0.005 102.002 -0.006
201609 -0.008 101.765 -0.010
201612 -0.003 101.449 -0.004
201703 -0.011 102.634 -0.014
201706 -0.002 103.029 -0.002
201709 -0.005 103.345 -0.006
201712 -0.010 103.345 -0.012
201803 0.014 105.004 0.017
201806 0.012 105.557 0.014
201809 0.002 105.636 0.002
201812 -0.013 105.399 -0.016
201903 -0.011 106.979 -0.013
201906 0.012 107.690 0.014
201909 0.008 107.611 0.009
201912 0.025 107.769 0.030
202003 0.016 107.927 0.019
202006 0.018 108.401 0.021
202009 0.013 108.164 0.015
202012 0.029 108.559 0.034
202103 0.060 110.298 0.069
202106 0.053 111.720 0.060
202109 0.042 112.905 0.047
202112 0.042 113.774 0.047
202203 0.037 117.646 0.040
202206 0.030 120.806 0.032
202209 0.023 120.648 0.024
202212 0.023 120.964 0.024
202303 0.020 122.702 0.021
202306 0.028 124.203 0.029
202309 0.024 125.230 0.024
202312 0.022 125.072 0.022
202403 0.021 126.258 0.021
202406 0.020 127.522 0.020
202409 0.019 127.285 0.019

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.


GT Resources  (OTCPK:CGTRF) 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.


GT Resources Cyclically Adjusted PB Ratio Related Terms

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GT Resources Business Description

Traded in Other Exchanges
Address
88 Scott Street, Suite 3704, Toronto, ON, CAN, M5E 0A9
GT Resources Inc is a Canadian mineral exploration and development company. It discover and ultimately produce critical Green Transportation Metals, including but not limited to sulphide nickel, copper, palladium, platinum and cobalt. The company project includes the Läntinen Koillismaa (LK) Project in north-central Finland, is a PGE-copper-nickel project that has existing NI43- 101 Mineral Resources, the Läntinen Koillismaa (LK) Project in north-central Finland, is a PGE-copper-nickel project that has existing NI43-101 Mineral Resources.