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GFGSF (GFG Resources) Cyclically Adjusted PB Ratio : 0.61 (As of Sep. 26, 2024)


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What is GFG Resources Cyclically Adjusted PB Ratio?

As of today (2024-09-26), GFG Resources's current share price is $0.09745. GFG Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.16. GFG Resources's Cyclically Adjusted PB Ratio for today is 0.61.

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

GFGSF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.61
Current: 0.59

During the past years, GFG Resources's highest Cyclically Adjusted PB Ratio was 0.61. The lowest was 0.00. And the median was 0.00.

GFGSF's Cyclically Adjusted PB Ratio is ranked better than
57.03% of 1585 companies
in the Metals & Mining industry
Industry Median: 0.82 vs GFGSF: 0.59

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.

GFG Resources's adjusted book value per share data for the three months ended in Mar. 2024 was $0.111. 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 $0.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GFG Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GFG Resources'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.

GFG Resources Cyclically Adjusted PB Ratio Chart

GFG Resources Annual Data
Trend Feb14 Feb15 Feb16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.61 0.57

GFG Resources 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 0.64 0.57 0.38 0.51 0.39

Competitive Comparison of GFG Resources's Cyclically Adjusted PB Ratio

For the Gold subindustry, GFG Resources'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.


GFG Resources's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



GFG Resources 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.

GFG Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.09745/0.16
=0.61

* 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.

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

For example, GFG Resources'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)
=0.111/126.2576*126.2576
=0.111

Current CPI (Mar. 2024) = 126.2576.

GFG Resources Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.014 99.394 0.018
201408 0.003 99.315 0.004
201411 -0.005 99.078 -0.006
201502 -0.006 99.078 -0.008
201505 -0.013 100.263 -0.016
201508 0.018 100.579 0.023
201511 0.017 100.421 0.021
201602 0.015 100.421 0.019
201605 0.015 101.765 0.019
201608 0.012 101.686 0.015
201612 0.164 101.449 0.204
201703 0.200 102.634 0.246
201706 0.191 103.029 0.234
201709 0.191 103.345 0.233
201712 0.246 103.345 0.301
201803 0.248 105.004 0.298
201806 0.239 105.557 0.286
201809 0.239 105.636 0.286
201812 0.226 105.399 0.271
201903 0.227 106.979 0.268
201906 0.226 107.690 0.265
201909 0.226 107.611 0.265
201912 0.213 107.769 0.250
202003 0.201 107.927 0.235
202006 0.194 108.401 0.226
202009 0.199 108.164 0.232
202012 0.205 108.559 0.238
202103 0.208 110.298 0.238
202106 0.214 111.720 0.242
202109 0.206 112.905 0.230
202112 0.189 113.774 0.210
202203 0.190 117.646 0.204
202206 0.186 120.806 0.194
202209 0.181 120.648 0.189
202212 0.162 120.964 0.169
202303 0.151 122.702 0.155
202306 0.116 124.203 0.118
202309 0.112 125.230 0.113
202312 0.112 125.072 0.113
202403 0.111 126.258 0.111

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.


GFG Resources  (OTCPK:GFGSF) 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.


GFG Resources Cyclically Adjusted PB Ratio Related Terms

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


GFG Resources Business Description

Traded in Other Exchanges
Address
202-640 Broadway Avenue, Saskatoon, SK, CAN, S7N 1A9
GFG Resources Inc is a precious metals exploration company. Its principal business is to acquire, explore, and develop interests in exploration and evaluation assets. The company holds an interest in the Rattlesnake Hills Gold Property which is located southwest of Casper in Central Wyoming, U.S., and Pen Gold and Dore Gold Projects located in Ontario, Canada.