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Patagonia Gold (Patagonia Gold) Cyclically Adjusted PB Ratio : 0.01 (As of Jun. 06, 2024)


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What is Patagonia Gold Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Patagonia Gold's current share price is $0.02. Patagonia Gold's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 was $1.90. Patagonia Gold's Cyclically Adjusted PB Ratio for today is 0.01.

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

HGLD's Cyclically Adjusted PB Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 0.87
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Patagonia Gold's adjusted book value per share data for the three months ended in Sep. 2022 was $0.026. 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 $1.90 for the trailing ten years ended in Sep. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Patagonia Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Patagonia 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.

* Premium members only.

Patagonia Gold Cyclically Adjusted PB Ratio Chart

Patagonia Gold Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.13 0.05

Patagonia Gold Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.05 0.05 0.04 0.03 0.03

Competitive Comparison of Patagonia Gold's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Patagonia 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.


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

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

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



Patagonia 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.

Patagonia Gold's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.02/1.9
=0.01

* 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.

Patagonia Gold's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Patagonia Gold's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=0.026/120.6479*120.6479
=0.026

Current CPI (Sep. 2022) = 120.6479.

Patagonia Gold Quarterly Data

Book Value per Share CPI Adj_Book
200712 0.005 88.491 0.007
200806 0.002 91.177 0.003
200812 0.005 89.518 0.007
200906 0.018 90.940 0.024
200912 0.010 90.703 0.013
201006 0.029 91.809 0.038
201012 0.022 92.836 0.029
201106 0.059 94.654 0.075
201112 0.038 94.970 0.048
201206 0.039 96.076 0.049
201212 4.018 95.760 5.062
201306 3.883 97.182 4.821
201312 2.823 96.945 3.513
201406 1.932 99.473 2.343
201412 2.543 98.367 3.119
201506 1.874 100.500 2.250
201512 0.823 99.947 0.993
201606 1.275 102.002 1.508
201612 1.197 101.449 1.424
201706 1.696 103.029 1.986
201712 1.412 103.345 1.648
201803 0.000 105.004 0.000
201806 1.007 105.557 1.151
201809 0.000 105.636 0.000
201812 0.703 105.399 0.805
201903 0.858 106.979 0.968
201906 0.064 107.690 0.072
201909 0.108 107.611 0.121
201912 0.048 107.769 0.054
202003 0.026 107.927 0.029
202006 0.044 108.401 0.049
202009 0.041 108.164 0.046
202012 0.063 108.559 0.070
202103 0.065 110.298 0.071
202106 0.060 111.720 0.065
202109 0.055 112.905 0.059
202112 0.041 113.774 0.043
202203 0.034 117.646 0.035
202206 0.032 120.806 0.032
202209 0.026 120.648 0.026

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.


Patagonia Gold  (OTCPK:HGLD) 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.


Patagonia Gold Cyclically Adjusted PB Ratio Related Terms

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


Patagonia Gold (Patagonia Gold) Business Description

Traded in Other Exchanges
N/A
Address
2200 - 885 West Georgia Street, 2200 HSBC Building, Vancouver, BC, CAN, V6C 3E8
Patagonia Gold Corp is a Canada-based mineral exploration company. The firm is engaged in the exploration, development, and production of gold and silver projects in the southern Patagonia region of Argentina, Chile, and Uruguay. It also holds interests in mineral exploration companies, which are involved in the identification, acquisition, development, and exploitation of mineral projects. Some of its projects include the Calcatreu, Cap-Oeste, El Tranquilo, La Josefina, La Manchuria, and La Valenciana.

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