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Golden Queen Mining Consolidated (FRA:5GQA) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is Golden Queen Mining Consolidated Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Golden Queen Mining Consolidated Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Golden Queen Mining Consolidated'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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Golden Queen Mining Consolidated Cyclically Adjusted PB Ratio Chart

Golden Queen Mining Consolidated Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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Golden Queen Mining Consolidated Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Golden Queen Mining Consolidated's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Golden Queen Mining Consolidated'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.


Golden Queen Mining Consolidated's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Golden Queen Mining Consolidated's Cyclically Adjusted PB Ratio falls into.



Golden Queen Mining Consolidated 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.

Golden Queen Mining Consolidated's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Golden Queen Mining Consolidated's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book=Book Value per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=0.29/107.6113*107.6113
=0.290

Current CPI (Sep. 2019) = 107.6113.

Golden Queen Mining Consolidated Quarterly Data

Book Value per Share CPI Adj_Book
200912 0.181 90.703 0.215
201003 0.182 91.335 0.214
201006 0.690 91.809 0.809
201009 0.056 92.362 0.065
201012 -0.242 92.836 -0.281
201103 -0.251 94.338 -0.286
201106 -0.130 94.654 -0.148
201109 -0.195 95.286 -0.220
201112 -4.100 94.970 -4.646
201203 0.224 96.155 0.251
201206 0.250 96.076 0.280
201209 0.112 96.392 0.125
201212 -4.199 95.760 -4.719
201303 0.186 97.103 0.206
201306 0.289 97.182 0.320
201309 -4.027 97.419 -4.448
201312 0.416 96.945 0.462
201403 -4.191 98.604 -4.574
201406 -4.304 99.473 -4.656
201409 -1.379 99.394 -1.493
201412 2.339 98.367 2.559
201503 3.637 99.789 3.922
201506 3.396 100.500 3.636
201509 3.253 100.421 3.486
201512 2.215 99.947 2.385
201603 1.439 101.054 1.532
201606 1.256 102.002 1.325
201609 1.929 101.765 2.040
201612 2.120 101.449 2.249
201703 1.911 102.634 2.004
201706 1.893 103.029 1.977
201709 1.658 103.345 1.726
201712 1.826 103.345 1.901
201803 1.229 105.004 1.260
201806 1.280 105.557 1.305
201809 1.214 105.636 1.237
201812 1.289 105.399 1.316
201903 1.231 106.979 1.238
201906 0.333 107.690 0.333
201909 0.290 107.611 0.290

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.


Golden Queen Mining Consolidated  (FRA:5GQA) 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.


Golden Queen Mining Consolidated Cyclically Adjusted PB Ratio Related Terms

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Golden Queen Mining Consolidated (FRA:5GQA) Business Description

Traded in Other Exchanges
N/A
Address
580 Hornby Street, Suite 880, Vancouver, BC, CAN, V6C 3B6
Golden Queen Mining Consolidated Ltd, formerly Golden Queen Mining Co Ltd is a Canada based company engaged in exploration of minerals. The company holds interests in Soledad Mountain Mine located in the Mojave Mining District, Kern County, California. The Mine uses conventional open pit mining methods and the cyanide heap leach and Merrill-Crowe processes to recover gold and silver from crushed, agglomerated ore.

Golden Queen Mining Consolidated (FRA:5GQA) Headlines

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