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Resource Capital Gold (Resource Capital Gold) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is Resource Capital Gold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Resource Capital Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Resource Capital 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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Resource Capital Gold Cyclically Adjusted PB Ratio Chart

Resource Capital Gold Annual Data
Trend Apr09 Apr10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Cyclically Adjusted PB Ratio
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Resource Capital Gold Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of Resource Capital Gold's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Resource Capital 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.


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

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

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



Resource Capital 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.

Resource Capital Gold's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, Resource Capital Gold's adjusted Book Value per Share data for the three months ended in Sep. 2018 was:

Adj_Book=Book Value per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=0.056/105.6360*105.6360
=0.056

Current CPI (Sep. 2018) = 105.6360.

Resource Capital Gold Quarterly Data

Book Value per Share CPI Adj_Book
200810 2.130 90.466 2.487
200901 1.857 89.281 2.197
200904 0.221 89.992 0.259
200907 0.234 90.624 0.273
200910 0.231 90.545 0.269
201001 0.393 90.940 0.457
201004 0.331 91.651 0.382
201007 0.273 92.283 0.313
201010 0.263 92.757 0.300
201101 0.257 93.074 0.292
201106 0.388 94.654 0.433
201109 0.357 95.286 0.396
201112 0.350 94.970 0.389
201203 0.349 96.155 0.383
201206 0.350 96.076 0.385
201209 0.338 96.392 0.370
201212 0.317 95.760 0.350
201303 0.298 97.103 0.324
201306 0.289 97.182 0.314
201309 0.254 97.419 0.275
201312 0.235 96.945 0.256
201403 0.228 98.604 0.244
201406 0.208 99.473 0.221
201409 0.206 99.394 0.219
201412 0.194 98.367 0.208
201503 0.176 99.789 0.186
201506 0.129 100.500 0.136
201509 0.118 100.421 0.124
201512 0.126 99.947 0.133
201603 0.124 101.054 0.130
201606 -0.045 102.002 -0.047
201609 0.001 101.765 0.001
201612 0.043 101.449 0.045
201703 0.048 102.634 0.049
201706 0.051 103.029 0.052
201709 0.070 103.345 0.072
201712 0.096 103.345 0.098
201803 0.088 105.004 0.089
201806 0.056 105.557 0.056
201809 0.056 105.636 0.056

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.


Resource Capital Gold  (OTCPK:GDPEF) 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.


Resource Capital Gold Cyclically Adjusted PB Ratio Related Terms

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Resource Capital Gold (Resource Capital Gold) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
Resource Capital Gold Corp is a precious-metals developer and producer. The company has the pipeline of late-stage exploration, development and producing gold-silver assets in North America. The company is currently focusing on Dufferin Gold Mine and mill in Nova Scotia. It is also advancing the Corcoran Canyon, Tangier and Forest Hill gold-silver projects. Its mineral operations are located in Canada and the United States of America.

Resource Capital Gold (Resource Capital Gold) Headlines

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