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Roscan Gold (FRA:2OJ) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is Roscan Gold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Roscan Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Roscan 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.

Roscan Gold Cyclically Adjusted PB Ratio Chart

Roscan Gold Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.09 152.20 163.11 72.85 54.36

Roscan Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 81.55 74.45 69.40 54.36 59.57

Competitive Comparison of Roscan Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Roscan 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.


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

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

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



Roscan 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.

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

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

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.005/125.0724*125.0724
=-0.005

Current CPI (Jan. 2024) = 125.0724.

Roscan Gold Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.000 98.920 0.000
201407 -0.001 99.315 -0.001
201410 -0.001 99.473 -0.001
201501 -0.002 98.209 -0.003
201504 -0.002 99.710 -0.003
201507 -0.002 100.579 -0.002
201510 -0.003 100.500 -0.004
201601 -0.003 100.184 -0.004
201604 -0.004 101.370 -0.005
201607 -0.004 101.844 -0.005
201610 -0.005 102.002 -0.006
201701 -0.005 102.318 -0.006
201704 -0.001 103.029 -0.001
201707 0.000 103.029 0.000
201710 -0.001 103.424 -0.001
201801 -0.003 104.056 -0.004
201804 -0.006 105.320 -0.007
201807 0.007 106.110 0.008
201810 0.005 105.952 0.006
201901 -0.001 105.557 -0.001
201904 0.016 107.453 0.019
201907 0.004 108.243 0.005
201910 0.000 107.927 0.000
202001 0.012 108.085 0.014
202004 0.010 107.216 0.012
202007 0.019 108.401 0.022
202010 -0.002 108.638 -0.002
202101 -0.004 109.192 -0.005
202104 0.010 110.851 0.011
202107 0.002 112.431 0.002
202110 0.012 113.695 0.013
202201 0.006 114.801 0.007
202204 0.005 118.357 0.005
202207 -0.001 120.964 -0.001
202210 -0.002 121.517 -0.002
202301 0.003 121.596 0.003
202304 -0.003 123.571 -0.003
202307 -0.002 124.914 -0.002
202310 -0.004 125.310 -0.004
202401 -0.005 125.072 -0.005

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.


Roscan Gold  (FRA:2OJ) 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.


Roscan Gold Cyclically Adjusted PB Ratio Related Terms

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Roscan Gold (FRA:2OJ) Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Roscan Gold Corp is a Canadian gold exploration company focused on the exploration and acquisition of gold properties in West Africa. The company has assembled a land position in an area of producing gold mines and gold deposits, located both north and south of its Kandiole Project in West Mali.

Roscan Gold (FRA:2OJ) Headlines

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