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Getchell Gold (Getchell Gold) Cyclically Adjusted PB Ratio : (As of Jun. 24, 2024)


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What is Getchell Gold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Getchell Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Getchell 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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Getchell Gold Cyclically Adjusted PB Ratio Chart

Getchell Gold Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
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Getchell Gold Quarterly Data
Oct18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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Competitive Comparison of Getchell Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Getchell 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.


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

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

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



Getchell 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.

Getchell Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Getchell Gold's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.007/125.0724*125.0724
=-0.007

Current CPI (Dec. 2023) = 125.0724.

Getchell Gold Quarterly Data

Book Value per Share CPI Adj_Book
201310 -0.061 97.182 -0.079
201401 -0.059 97.261 -0.076
201404 -0.060 98.920 -0.076
201407 -0.062 99.315 -0.078
201410 -0.064 99.473 -0.080
201501 -0.062 98.209 -0.079
201504 -0.062 99.710 -0.078
201507 -0.060 100.579 -0.075
201510 -0.062 100.500 -0.077
201601 -0.060 100.184 -0.075
201604 -0.069 101.370 -0.085
201607 -0.069 101.844 -0.085
201610 -0.072 102.002 -0.088
201701 -0.073 102.318 -0.089
201704 -0.075 103.029 -0.091
201707 -0.047 103.029 -0.057
201710 -0.041 103.424 -0.050
201801 -0.045 104.056 -0.054
201804 -0.053 105.320 -0.063
201807 -0.055 106.110 -0.065
201810 -0.054 105.952 -0.064
201903 -0.001 106.979 -0.001
201906 0.009 107.690 0.010
201909 0.002 107.611 0.002
201912 0.012 107.769 0.014
202003 0.011 107.927 0.013
202006 0.014 108.401 0.016
202009 0.035 108.164 0.040
202012 0.023 108.559 0.026
202103 0.022 110.298 0.025
202106 0.046 111.720 0.051
202109 0.036 112.905 0.040
202112 0.032 113.774 0.035
202203 0.032 117.646 0.034
202206 0.033 120.806 0.034
202209 0.016 120.648 0.017
202212 0.007 120.964 0.007
202303 0.003 122.702 0.003
202309 0.002 125.230 0.002
202312 -0.007 125.072 -0.007

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.


Getchell Gold  (OTCPK:GGLDF) 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.


Getchell Gold Cyclically Adjusted PB Ratio Related Terms

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Getchell Gold (Getchell Gold) Business Description

Traded in Other Exchanges
Address
625 Howe Street, Suite 488, Vancouver, BC, CAN, V6C 2T6
Getchell Gold Corp is a resource company committed to responsible exploration focused on gold and copper in Nevada. The company's projects are Fondaway canyon, Star, Dixie comstock, and Hot springs peak projects. Getchell Gold is directing its efforts on Fondaway Canyon, a past gold producer with an in-the-ground historic resources, and on the Star project, a past high-grade copper, gold, and silver small-scale producer. Along with Dixie Comstock, a past gold producer with a historic resource and one earlier stage exploration project, Hot Springs Peak (Au). Getchell has the option to acquire 100% of the Fondaway Canyon and Dixie Comstock properties, Churchill County, Nevada.