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K2 Gold (FRA:23K) Cyclically Adjusted PB Ratio : 1.26 (As of Jun. 01, 2025)


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What is K2 Gold Cyclically Adjusted PB Ratio?

As of today (2025-06-01), K2 Gold's current share price is €0.214. K2 Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €0.17. K2 Gold's Cyclically Adjusted PB Ratio for today is 1.26.

The historical rank and industry rank for K2 Gold's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:23K' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.03
Current: 1.03

During the past years, K2 Gold's highest Cyclically Adjusted PB Ratio was 1.03. The lowest was 0.00. And the median was 0.00.

FRA:23K's Cyclically Adjusted PB Ratio is ranked worse than
51.49% of 1540 companies
in the Metals & Mining industry
Industry Median: 0.955 vs FRA:23K: 1.03

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.

K2 Gold's adjusted book value per share data for the three months ended in Dec. 2024 was €0.098. 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 €0.17 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


K2 Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for K2 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.

K2 Gold Cyclically Adjusted PB Ratio Chart

K2 Gold Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.13 0.11 0.09 0.38

K2 Gold Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.09 0.17 0.17 0.23 0.38

Competitive Comparison of K2 Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, K2 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.


K2 Gold's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, K2 Gold's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where K2 Gold's Cyclically Adjusted PB Ratio falls into.


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K2 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.

K2 Gold's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.214/0.17
=1.26

* 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.

K2 Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, K2 Gold's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.098/127.3637*127.3637
=0.098

Current CPI (Dec. 2024) = 127.3637.

K2 Gold Quarterly Data

Book Value per Share CPI Adj_Book
201503 1.505 99.789 1.921
201506 1.462 100.500 1.853
201509 1.367 100.421 1.734
201512 -0.098 99.947 -0.125
201603 -0.113 101.054 -0.142
201606 -0.004 102.002 -0.005
201609 -0.007 101.765 -0.009
201612 0.093 101.449 0.117
201703 0.088 102.634 0.109
201706 0.109 103.029 0.135
201709 0.108 103.345 0.133
201712 0.100 103.345 0.123
201803 0.092 105.004 0.112
201806 0.094 105.557 0.113
201809 0.092 105.636 0.111
201812 0.085 105.399 0.103
201903 0.084 106.979 0.100
201906 0.079 107.690 0.093
201909 0.109 107.611 0.129
201912 0.106 107.769 0.125
202003 0.097 107.927 0.114
202006 0.098 108.401 0.115
202009 0.113 108.164 0.133
202012 0.151 108.559 0.177
202103 0.151 110.298 0.174
202106 0.148 111.720 0.169
202109 0.146 112.905 0.165
202112 0.147 113.774 0.165
202203 0.149 117.646 0.161
202206 0.151 120.806 0.159
202209 0.152 120.648 0.160
202212 0.137 120.964 0.144
202303 0.123 122.702 0.128
202306 0.000 124.203 0.000
202309 0.118 125.230 0.120
202312 0.115 125.072 0.117
202403 0.108 126.258 0.109
202406 0.107 127.522 0.107
202409 0.101 127.285 0.101
202412 0.098 127.364 0.098

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.


K2 Gold  (FRA:23K) 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.


K2 Gold Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of K2 Gold's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


K2 Gold Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 1020, Vancouver, BC, CAN, V6C 2V6
K2 Gold Corp is a North American mineral exploration company with its primary focus being the exploration of gold properties in the Southwest USA and the Yukon Territory. The company has three exploration projects: the Mojave Project in California, the Wels Project in the Yukon, and the Si2 Project in Nevada.

K2 Gold Headlines

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