GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold n Futures Mineral Corp (FRA:G6M) » Definitions » Cyclically Adjusted PB Ratio

Gold n Futures Mineral (FRA:G6M) Cyclically Adjusted PB Ratio : (As of Dec. 12, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Gold n Futures Mineral Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gold n Futures Mineral Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gold n Futures Mineral'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.

Gold n Futures Mineral Cyclically Adjusted PB Ratio Chart

Gold n Futures Mineral Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Gold n Futures Mineral Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Competitive Comparison of Gold n Futures Mineral's Cyclically Adjusted PB Ratio

For the Gold subindustry, Gold n Futures Mineral'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.


Gold n Futures Mineral's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Gold n Futures Mineral 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.

Gold n Futures Mineral's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Gold n Futures Mineral's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.001/127.2847*127.2847
=0.001

Current CPI (Sep. 2024) = 127.2847.

Gold n Futures Mineral Quarterly Data

Book Value per Share CPI Adj_Book
201412 -0.149 98.367 -0.193
201503 -0.186 99.789 -0.237
201506 -0.196 100.500 -0.248
201509 -0.199 100.421 -0.252
201512 -0.204 99.947 -0.260
201603 -0.209 101.054 -0.263
201606 -0.215 102.002 -0.268
201609 -0.213 101.765 -0.266
201612 -0.206 101.449 -0.258
201703 -0.206 102.634 -0.255
201706 -0.200 103.029 -0.247
201709 -0.206 103.345 -0.254
201712 -0.205 103.345 -0.252
201803 -0.198 105.004 -0.240
201806 -0.218 105.557 -0.263
201809 -0.228 105.636 -0.275
201812 -0.238 105.399 -0.287
201903 -0.247 106.979 -0.294
201906 -0.253 107.690 -0.299
201909 -0.273 107.611 -0.323
201912 -0.009 107.769 -0.011
202003 0.004 107.927 0.005
202006 0.007 108.401 0.008
202009 0.008 108.164 0.009
202012 0.020 108.559 0.023
202103 0.021 110.298 0.024
202106 0.021 111.720 0.024
202109 0.025 112.905 0.028
202112 0.025 113.774 0.028
202203 0.026 117.646 0.028
202206 0.026 120.806 0.027
202209 0.026 120.648 0.027
202212 0.023 120.964 0.024
202303 0.022 122.702 0.023
202306 0.022 124.203 0.023
202309 0.021 125.230 0.021
202312 0.001 125.072 0.001
202403 0.001 126.258 0.001
202406 0.001 127.522 0.001
202409 0.001 127.285 0.001

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.


Gold n Futures Mineral  (FRA:G6M) 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.


Gold n Futures Mineral Cyclically Adjusted PB Ratio Related Terms

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


Gold n Futures Mineral Business Description

Traded in Other Exchanges
Address
409 - 22 Leader Lane, Toronto, ON, CAN, M5E 0B2
Gold n Futures Mineral Corp is an exploration-stage company. Principally, it is engaged in the acquisition and exploration of mineral properties in Ontario. The company operates in one operating segment, Mining exploration. Its projects include Handcamp, Hercules Elmhurst Project, and Brady Gold.

Gold n Futures Mineral Headlines

No Headlines