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Cassiar Gold (FRA:756) Cyclically Adjusted PB Ratio : 0.44 (As of Dec. 14, 2024)


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What is Cassiar Gold Cyclically Adjusted PB Ratio?

As of today (2024-12-14), Cassiar Gold's current share price is €0.1225. Cassiar Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €0.28. Cassiar Gold's Cyclically Adjusted PB Ratio for today is 0.44.

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

FRA:756' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.97
Current: 0.48

During the past years, Cassiar Gold's highest Cyclically Adjusted PB Ratio was 0.97. The lowest was 0.00. And the median was 0.00.

FRA:756's Cyclically Adjusted PB Ratio is ranked better than
62.37% of 1576 companies
in the Metals & Mining industry
Industry Median: 0.84 vs FRA:756: 0.48

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.

Cassiar Gold's adjusted book value per share data for the three months ended in Jun. 2024 was €0.259. 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 €0.28 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cassiar Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cassiar 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.

Cassiar Gold Cyclically Adjusted PB Ratio Chart

Cassiar Gold Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.60 0.55 1.41

Cassiar Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
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 1.30 1.14 0.85 0.69 0.67

Competitive Comparison of Cassiar Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Cassiar 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.


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

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

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



Cassiar 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1225/0.28
=0.44

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.259/127.5217*127.5217
=0.259

Current CPI (Jun. 2024) = 127.5217.

Cassiar Gold Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.126 99.473 0.162
201409 0.233 99.394 0.299
201412 0.206 98.367 0.267
201503 0.183 99.789 0.234
201506 0.201 100.500 0.255
201509 0.226 100.421 0.287
201512 0.224 99.947 0.286
201603 0.218 101.054 0.275
201606 0.372 102.002 0.465
201609 0.300 101.765 0.376
201612 0.386 101.449 0.485
201703 0.430 102.634 0.534
201706 0.440 103.029 0.545
201709 0.421 103.345 0.519
201712 0.462 103.345 0.570
201803 0.420 105.004 0.510
201806 0.428 105.557 0.517
201809 0.116 105.636 0.140
201812 0.116 105.399 0.140
201903 0.098 106.979 0.117
201906 0.117 107.690 0.139
201909 0.103 107.611 0.122
201912 0.112 107.769 0.133
202003 0.122 107.927 0.144
202006 0.123 108.401 0.145
202009 0.132 108.164 0.156
202012 0.208 108.559 0.244
202103 0.192 110.298 0.222
202106 0.194 111.720 0.221
202109 0.210 112.905 0.237
202112 0.222 113.774 0.249
202203 0.240 117.646 0.260
202206 0.293 120.806 0.309
202209 0.310 120.648 0.328
202212 0.282 120.964 0.297
202303 0.274 122.702 0.285
202306 0.295 124.203 0.303
202312 0.281 125.072 0.287
202403 0.278 126.258 0.281
202406 0.259 127.522 0.259

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.


Cassiar Gold  (FRA:756) 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.


Cassiar Gold Cyclically Adjusted PB Ratio Related Terms

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


Cassiar Gold Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 450, Vancouver, BC, CAN, V6C 2V6
Cassiar Gold Corp is focused on the district-scale Cassiar Gold Property in northern BC, Canada. The group is engaged in the exploration of gold in British Columbia, Canada. The company is focused on two assets, the Cassiar Gold Project and the Sheep Creek Gold District. The property consists of two main project areas namely Cassiar North, which hosts a substantial bulk-tonnage orogenic gold resource with significant expansion potential over approximately 6 km strike length; and Cassiar South, which hosts numerous high-grade epizonal quartz gold vein systems, about 25 km of historical underground workings.

Cassiar Gold Headlines

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