GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Loncor Gold Inc (OTCPK:LONCF) » Definitions » Cyclically Adjusted PB Ratio

LONCF (Loncor Gold) Cyclically Adjusted PB Ratio : 1.85 (As of May. 16, 2025)


View and export this data going back to 2014. Start your Free Trial

What is Loncor Gold Cyclically Adjusted PB Ratio?

As of today (2025-05-16), Loncor Gold's current share price is $0.63. Loncor Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $0.34. Loncor Gold's Cyclically Adjusted PB Ratio for today is 1.85.

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

LONCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.81
Current: 1.81

During the past years, Loncor Gold's highest Cyclically Adjusted PB Ratio was 1.81. The lowest was 0.00. And the median was 0.00.

LONCF's Cyclically Adjusted PB Ratio is ranked worse than
67.9% of 1536 companies
in the Metals & Mining industry
Industry Median: 0.92 vs LONCF: 1.81

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.

Loncor Gold's adjusted book value per share data for the three months ended in Dec. 2024 was $0.118. 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 $0.34 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Loncor Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Loncor 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.

Loncor Gold Cyclically Adjusted PB Ratio Chart

Loncor Gold Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.83 0.46 0.62 1.10

Loncor Gold Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.62 0.63 0.69 0.80 1.10

Competitive Comparison of Loncor Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Loncor 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.


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

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

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


;
;

Loncor 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.63/0.34
=1.85

* 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.

Loncor Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Loncor Gold's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.118/127.3637*127.3637
=0.118

Current CPI (Dec. 2024) = 127.3637.

Loncor Gold Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.678 99.789 0.865
201506 0.676 100.500 0.857
201509 0.676 100.421 0.857
201512 0.623 99.947 0.794
201603 0.354 101.054 0.446
201606 0.350 102.002 0.437
201609 0.349 101.765 0.437
201612 0.348 101.449 0.437
201703 0.337 102.634 0.418
201706 0.336 103.029 0.415
201709 0.337 103.345 0.415
201712 0.338 103.345 0.417
201803 0.337 105.004 0.409
201806 0.306 105.557 0.369
201809 0.305 105.636 0.368
201812 0.302 105.399 0.365
201903 0.300 106.979 0.357
201906 0.297 107.690 0.351
201909 0.293 107.611 0.347
201912 0.286 107.769 0.338
202003 0.283 107.927 0.334
202006 0.279 108.401 0.328
202009 0.279 108.164 0.329
202012 0.275 108.559 0.323
202103 0.277 110.298 0.320
202106 0.276 111.720 0.315
202109 0.288 112.905 0.325
202112 0.284 113.774 0.318
202203 0.285 117.646 0.309
202206 0.286 120.806 0.302
202209 0.281 120.648 0.297
202212 0.279 120.964 0.294
202303 0.276 122.702 0.286
202306 0.271 124.203 0.278
202309 0.268 125.230 0.273
202312 0.141 125.072 0.144
202403 0.137 126.258 0.138
202406 0.132 127.522 0.132
202409 0.130 127.285 0.130
202412 0.118 127.364 0.118

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.


Loncor Gold  (OTCPK:LONCF) 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.


Loncor Gold Cyclically Adjusted PB Ratio Related Terms

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


Loncor Gold Business Description

Traded in Other Exchanges
Address
4120 Yonge Street, Suite 304, 1 First Canadian Place, Toronto, ON, CAN, M2P 2B8
Loncor Gold Inc is a Canadian gold exploration company focussed on the Ngayu Greenstone Gold Belt in the northeast of the Democratic Republic of the Congo. The Adumbi gold deposit is the focus of Loncor's activity and can be found within Loncor's 84.68% owned Imbo Project. The company has Africa's largest gold producer, the Barrick-managed Kibali Gold mine as a neighbour 130 miles away.

Loncor Gold Headlines

From GuruFocus

Loncor Resources Announces Election of Directors

By GlobeNewswire GlobeNewswire 06-30-2018

Loncor Announces Share Consolidation

By GlobeNewswire GlobeNewswire 09-16-2019

Loncor Closes Acquisitions and Private Placement

By GlobeNewswire GlobeNewswire 06-20-2018

Loncor Applies to Extend Term of Warrants

By GlobeNewswire GlobeNewswire 06-05-2018

Loncor Enters into Agreement to Consolidate Ground in Ngayu Gold Belt

By GlobeNewswire GlobeNewswire 09-13-2019

Loncor Announces Closing of Resolute Mining Transactions

By GlobeNewswire GlobeNewswire 06-27-2018

Loncor Closes First Tranche of Private Placement Financing

By GlobeNewswire GlobeNewswire 08-01-2020