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Global Gold (Global Gold) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is Global Gold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Global 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.

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Global Gold Cyclically Adjusted PB Ratio Chart

Global Gold Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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Global Gold Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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Competitive Comparison of Global Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Global 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.


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

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

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



Global 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.

Global Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2017 is calculated as:

For example, Global Gold's adjusted Book Value per Share data for the three months ended in Jun. 2017 was:

Adj_Book=Book Value per Share/CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=-35.788/103.3491*103.3491
=-35.788

Current CPI (Jun. 2017) = 103.3491.

Global Gold Quarterly Data

Book Value per Share CPI Adj_Book
200709 74.519 87.964 87.552
200712 59.505 88.616 69.398
200803 51.353 90.090 58.911
200806 40.428 92.320 45.258
200809 34.116 92.307 38.197
200812 12.433 88.697 14.487
200903 4.452 89.744 5.127
200906 -2.610 91.003 -2.964
200909 -9.296 91.120 -10.544
200912 -15.005 91.111 -17.020
201003 -19.085 91.821 -21.481
201006 -23.593 91.962 -26.514
201009 -32.068 92.162 -35.961
201012 -2.650 92.474 -2.962
201103 -5.125 94.283 -5.618
201106 -2.216 95.235 -2.405
201109 -4.286 95.727 -4.627
201112 -21.397 95.213 -23.225
201203 -26.018 96.783 -27.783
201206 -27.092 96.819 -28.919
201209 -12.587 97.633 -13.324
201212 -11.755 96.871 -12.541
201303 -11.717 98.209 -12.330
201306 -12.875 98.518 -13.506
201309 -14.183 98.790 -14.838
201312 -17.432 98.326 -18.323
201403 -19.111 99.695 -19.812
201406 -21.224 100.560 -21.813
201409 -23.680 100.428 -24.369
201412 -25.674 99.070 -26.783
201503 -27.128 99.621 -28.143
201506 -27.175 100.684 -27.894
201509 -28.595 100.392 -29.437
201512 -30.712 99.792 -31.807
201603 -31.564 100.470 -32.468
201606 -31.811 101.688 -32.331
201609 -32.786 101.861 -33.265
201612 -34.221 101.863 -34.720
201703 -35.212 102.862 -35.379
201706 -35.788 103.349 -35.788

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.


Global Gold  (OTCPK:GBGD) 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.


Global Gold Cyclically Adjusted PB Ratio Related Terms

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Global Gold (Global Gold) Business Description

Traded in Other Exchanges
N/A
Address
555 Theodore Fremd Avenue, Suite C208, Rye, NY, USA, 10580
Global Gold Corp is an exploration-stage company. It operates as an international gold mining, development, and exploration company with mining properties in Armenia, Canada, and Chile. Business activity of the firm is functioned through the production of gold, silver and other precious metals segment. The company holds interests in the Toukhmanuk property in the North Central Armenian Belt; and Hankavan and Marjan properties located in Armenia. It also holds a royalty interest in the Cochrane Pond property in Newfoundland, Canada.
Executives
Farallon Capital Institutional Partners, L.p. 10 percent owner, other: Member of Group Owning 10% C/O FARALLON PARTNERS, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Richard H. Voon 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C. ONE MARITIME PLAZA, SUITE 2100 SAN FRANCISCO CA 94111
Daniel J. Hirsch 10 percent owner, other: Member of Group Owning 10% 748 DIAMOND STREET, SAN FRANCISCO CA 94114
Ashish H Pant 10 percent owner, other: Member of Group Owning 10% 390 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Douglas M Macmahon 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., 390 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Spokes Andrew J M 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Jason E Moment 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Farallon Capital Offshore Investors Ii, L.p. 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Rajiv A Patel 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
William F Duhamel 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Richard B Fried 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Monica R Landry 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Mark C Wehrly 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Stephen L Millham 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Farallon Capital Institutional Partners Iii Lp 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111

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