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FGLDF (Falcon Gold) Cyclically Adjusted PB Ratio : 0.29 (As of Dec. 14, 2024)


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What is Falcon Gold Cyclically Adjusted PB Ratio?

As of today (2024-12-14), Falcon Gold's current share price is $0.02319. Falcon Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.08. Falcon Gold's Cyclically Adjusted PB Ratio for today is 0.29.

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

FGLDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.63
Current: 0.33

During the past years, Falcon Gold's highest Cyclically Adjusted PB Ratio was 0.63. The lowest was 0.00. And the median was 0.00.

FGLDF's Cyclically Adjusted PB Ratio is ranked better than
70.05% of 1576 companies
in the Metals & Mining industry
Industry Median: 0.84 vs FGLDF: 0.33

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.

Falcon Gold's adjusted book value per share data for the three months ended in Mar. 2024 was $0.014. 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 $0.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Falcon Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Falcon 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.

Falcon Gold Cyclically Adjusted PB Ratio Chart

Falcon Gold Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.40 0.43 0.43 0.46

Falcon Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.42 0.46 0.22 0.34 0.39

Competitive Comparison of Falcon Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Falcon 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.


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

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

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



Falcon 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.02319/0.08
=0.29

* 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.

Falcon Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Falcon Gold's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.014/126.2576*126.2576
=0.014

Current CPI (Mar. 2024) = 126.2576.

Falcon Gold Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.358 99.473 0.454
201409 0.302 99.394 0.384
201412 0.273 98.367 0.350
201503 0.234 99.789 0.296
201506 0.211 100.500 0.265
201509 0.126 100.421 0.158
201512 0.082 99.947 0.104
201603 0.083 101.054 0.104
201606 0.075 102.002 0.093
201609 0.048 101.765 0.060
201612 0.043 101.449 0.054
201703 0.038 102.634 0.047
201706 0.034 103.029 0.042
201709 0.034 103.345 0.042
201712 0.030 103.345 0.037
201803 0.028 105.004 0.034
201806 0.024 105.557 0.029
201809 0.023 105.636 0.027
201812 0.020 105.399 0.024
201903 0.019 106.979 0.022
201906 -0.009 107.690 -0.011
201909 -0.001 107.611 -0.001
201912 0.000 107.769 0.000
202003 0.000 107.927 0.000
202006 0.004 108.401 0.005
202009 0.012 108.164 0.014
202012 0.014 108.559 0.016
202103 0.017 110.298 0.019
202106 0.018 111.720 0.020
202109 0.020 112.905 0.022
202112 0.018 113.774 0.020
202203 0.017 117.646 0.018
202206 0.015 120.806 0.016
202209 0.014 120.648 0.015
202212 0.019 120.964 0.020
202303 0.018 122.702 0.019
202306 0.016 124.203 0.016
202309 0.015 125.230 0.015
202312 0.015 125.072 0.015
202403 0.014 126.258 0.014

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.


Falcon Gold  (OTCPK:FGLDF) 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.


Falcon Gold Cyclically Adjusted PB Ratio Related Terms

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


Falcon Gold Business Description

Traded in Other Exchanges
Address
Melville Street, Suite 1100-1111, Vancouver, BC, CAN, V6C 2V6
Falcon Gold Corp is engaged in acquiring, exploring, and advancing quality mining projects in the Americas. Its projects include Esperanza Property, Central Canada Gold & Polymetalic Project, Camping Lake, Spitfire & Sunny Boy Claims, Burton Gold Property, and Springpole West Property.