Carlin Gold (FRA:YG20) Cyclically Adjusted PB Ratio: (As of Aug. 27, 2026)

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FRA:YG20 Carlin Gold Corp FRA:YG20
33 GF Score
Price €0.76
! 2 Warning Signs
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What is Carlin Gold Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carlin Gold  (FRA:YG20) 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.


Carlin Gold Cyclically Adjusted PB Ratio Related Terms


Carlin Gold Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Carlin 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.

Carlin Gold Cyclically Adjusted PB Ratio Chart

Carlin Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 0.68 0.56 0.65 2.29

Carlin Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.90 0.82 1.55 2.29 1.28

FRA:YG20 vs : Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Carlin 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.


Carlin Gold Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


FRA:YG20
33GF Score
Carlin Gold Corp FRA:YG20
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Carlin 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.

Carlin Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Carlin Gold's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.279/330.2130*330.2130
=0.279

Current CPI (Mar. 2026) = 330.2130.

Carlin Gold Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.215 241.018 0.295
201609 0.204 241.428 0.279
201612 0.230 241.432 0.315
201703 0.224 243.801 0.303
201706 0.221 244.955 0.298
201709 0.227 246.819 0.304
201712 0.203 246.524 0.272
201803 0.200 249.554 0.265
201806 0.197 251.989 0.258
201809 0.186 252.439 0.243
201812 0.175 251.233 0.230
201903 0.170 254.202 0.221
201906 0.177 256.143 0.228
201909 0.173 256.759 0.222
201912 0.166 256.974 0.213
202003 0.156 258.115 0.200
202006 0.158 257.797 0.202
202009 0.188 260.280 0.239
202012 0.183 260.474 0.232
202103 0.169 264.877 0.211
202106 0.163 271.696 0.198
202109 0.176 274.310 0.212
202112 0.192 278.802 0.227
202203 0.186 287.504 0.214
202206 0.172 296.311 0.192
202209 0.191 296.808 0.212
202212 0.235 296.797 0.261
202303 0.225 301.836 0.246
202306 0.183 305.109 0.198
202309 0.217 307.789 0.233
202312 0.214 306.746 0.230
202403 0.218 312.332 0.230
202406 0.217 314.175 0.228
202409 0.215 315.301 0.225
202412 0.213 315.605 0.223
202503 0.231 319.799 0.239
202506 0.247 322.561 0.253
202509 0.262 324.800 0.266
202512 0.276 324.054 0.281
202603 0.279 330.213 0.279

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.


Carlin Gold Business Description

Comparable Companies
Other Exchanges CGDCF:USACGD:Canada
Address 405 - 375 Water Street, Vancouver, BC, CAN, V6B 5C6
Carlin Gold Corp is an exploration company. The firm is focused on Carlin-type gold exploration in Nevada. Its projects are the Cortez Summit Property, and Ivy Copper-Gold Property and Willow Property Project. The company operates in Canada and the United States. It has one operating segment mineral exploration and development.
33GF Score

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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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