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Doubleview Gold (Doubleview Gold) Cyclically Adjusted PB Ratio : 7.27 (As of May. 02, 2024)


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What is Doubleview Gold Cyclically Adjusted PB Ratio?

As of today (2024-05-02), Doubleview Gold's current share price is $0.3633. Doubleview Gold's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was $0.05. Doubleview Gold's Cyclically Adjusted PB Ratio for today is 7.27.

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

DBLVF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 9.16
Current: 6.2

During the past years, Doubleview Gold's highest Cyclically Adjusted PB Ratio was 9.16. The lowest was 0.00. And the median was 0.00.

DBLVF's Cyclically Adjusted PB Ratio is ranked worse than
92.31% of 1612 companies
in the Metals & Mining industry
Industry Median: 0.85 vs DBLVF: 6.20

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.

Doubleview Gold's adjusted book value per share data for the three months ended in Nov. 2023 was $0.073. 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 $0.05 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Doubleview Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Doubleview 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.

* Premium members only.

Doubleview Gold Cyclically Adjusted PB Ratio Chart

Doubleview Gold Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.64 2.04 6.72 5.12 9.46

Doubleview Gold Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 7.44 9.46 6.42 4.66 6.40

Competitive Comparison of Doubleview Gold's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Doubleview 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.


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

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

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



Doubleview 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.

Doubleview Gold's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.3633/0.05
=7.27

* 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.

Doubleview Gold's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, Doubleview Gold's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book=Book Value per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=0.073/125.4675*125.4675
=0.073

Current CPI (Nov. 2023) = 125.4675.

Doubleview Gold Quarterly Data

Book Value per Share CPI Adj_Book
201402 0.042 98.051 0.054
201405 0.053 99.394 0.067
201408 0.056 99.315 0.071
201411 0.054 99.078 0.068
201502 0.050 99.078 0.063
201505 0.056 100.263 0.070
201508 0.051 100.579 0.064
201511 0.049 100.421 0.061
201602 0.044 100.421 0.055
201605 0.045 101.765 0.055
201608 0.045 101.686 0.056
201611 0.044 101.607 0.054
201702 0.040 102.476 0.049
201705 0.037 103.108 0.045
201708 0.039 103.108 0.047
201711 0.039 103.740 0.047
201802 0.039 104.688 0.047
201805 0.037 105.399 0.044
201808 0.036 106.031 0.043
201811 0.035 105.478 0.042
201902 0.036 106.268 0.043
201905 0.035 107.927 0.041
201908 0.035 108.085 0.041
201911 0.037 107.769 0.043
202002 0.037 108.559 0.043
202005 0.035 107.532 0.041
202008 0.045 108.243 0.052
202011 0.053 108.796 0.061
202102 0.055 109.745 0.063
202105 0.060 111.404 0.068
202108 0.065 112.668 0.072
202111 0.067 113.932 0.074
202202 0.065 115.986 0.070
202205 0.063 120.016 0.066
202208 0.068 120.569 0.071
202211 0.066 121.675 0.068
202302 0.073 122.070 0.075
202305 0.073 124.045 0.074
202308 0.074 125.389 0.074
202311 0.073 125.468 0.073

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.


Doubleview Gold  (OTCPK:DBLVF) 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.


Doubleview Gold Cyclically Adjusted PB Ratio Related Terms

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


Doubleview Gold (Doubleview Gold) Business Description

Traded in Other Exchanges
Address
470 Granville Street, Suite 822, Vancouver, BC, CAN, V6C 1V5
Doubleview Gold Corp is a Canadian resource exploration and development company. The company is engaged in the exploration and development of mineral properties in North America. Its project includes the Mount Milligan North Property located in northwest Prince George, British Columbia; the Hat Property located in Telegraph Creek, British Columbia; the Red Springs Project located in the Omineca Mining District of British Columbia. It acquires precious and base metal exploration projects in North America but mainly in British Columbia. one segment the exploration and development of exploration and evaluation in Canada.