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Golconda Gold (FRA:Y87) Cyclically Adjusted PB Ratio : 0.24 (As of Jun. 17, 2024)


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What is Golconda Gold Cyclically Adjusted PB Ratio?

As of today (2024-06-17), Golconda Gold's current share price is €0.126. Golconda Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.53. Golconda Gold's Cyclically Adjusted PB Ratio for today is 0.24.

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

FRA:Y87' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.31   Max: 1.31
Current: 0.24

During the past years, Golconda Gold's highest Cyclically Adjusted PB Ratio was 1.31. The lowest was 0.11. And the median was 0.31.

FRA:Y87's Cyclically Adjusted PB Ratio is ranked better than
77.29% of 1634 companies
in the Metals & Mining industry
Industry Median: 0.815 vs FRA:Y87: 0.24

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.

Golconda Gold's adjusted book value per share data for the three months ended in Mar. 2024 was €0.393. 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 €0.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Golconda Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Golconda 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.

Golconda Gold Cyclically Adjusted PB Ratio Chart

Golconda Gold 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 0.36 0.88 0.44 0.29 0.17

Golconda Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.29 0.20 0.12 0.17 0.28

Competitive Comparison of Golconda Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Golconda 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.


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

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

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



Golconda 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.126/0.53
=0.24

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.393/126.2576*126.2576
=0.393

Current CPI (Mar. 2024) = 126.2576.

Golconda Gold Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.092 99.473 1.386
201409 1.148 99.394 1.458
201412 1.229 98.367 1.577
201503 1.310 99.789 1.657
201506 1.113 100.500 1.398
201509 1.085 100.421 1.364
201512 0.767 99.947 0.969
201603 0.681 101.054 0.851
201606 0.633 102.002 0.784
201609 0.597 101.765 0.741
201612 0.523 101.449 0.651
201703 0.378 102.634 0.465
201706 0.321 103.029 0.393
201709 0.341 103.345 0.417
201712 0.406 103.345 0.496
201803 0.350 105.004 0.421
201806 0.441 105.557 0.527
201809 0.406 105.636 0.485
201812 0.328 105.399 0.393
201903 0.337 106.979 0.398
201906 0.346 107.690 0.406
201909 0.375 107.611 0.440
201912 0.260 107.769 0.305
202003 0.296 107.927 0.346
202006 0.285 108.401 0.332
202009 0.329 108.164 0.384
202012 0.384 108.559 0.447
202103 0.386 110.298 0.442
202106 0.411 111.720 0.464
202109 0.464 112.905 0.519
202112 0.425 113.774 0.472
202203 0.438 117.646 0.470
202206 0.474 120.806 0.495
202209 0.494 120.648 0.517
202212 0.442 120.964 0.461
202303 0.425 122.702 0.437
202306 0.415 124.203 0.422
202309 0.421 125.230 0.424
202312 0.402 125.072 0.406
202403 0.393 126.258 0.393

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.


Golconda Gold  (FRA:Y87) 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.


Golconda Gold Cyclically Adjusted PB Ratio Related Terms

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


Golconda Gold (FRA:Y87) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9
Golconda Gold Ltd is an un-hedged gold producer and explorer with mining operations and exploration tenements in Botswana, South Africa and New Mexico. The company's projects include Mupane in Botswana; Galaxy in South Africa; and Summit and Banner Mill in the United States of America. It has one reportable segment, being the exploration, development and operation of gold mining properties.

Golconda Gold (FRA:Y87) Headlines

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