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Barrick Mining (MEX:BN) Cyclically Adjusted PB Ratio : 1.64 (As of May. 29, 2025)


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What is Barrick Mining Cyclically Adjusted PB Ratio?

As of today (2025-05-29), Barrick Mining's current share price is MXN379.30. Barrick Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN231.46. Barrick Mining's Cyclically Adjusted PB Ratio for today is 1.64.

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

MEX:BN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 1.43   Max: 2.51
Current: 1.62

During the past years, Barrick Mining's highest Cyclically Adjusted PB Ratio was 2.51. The lowest was 0.44. And the median was 1.43.

MEX:BN's Cyclically Adjusted PB Ratio is ranked worse than
64.43% of 1532 companies
in the Metals & Mining industry
Industry Median: 0.96 vs MEX:BN: 1.62

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.

Barrick Mining's adjusted book value per share data for the three months ended in Mar. 2025 was MXN290.907. 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 MXN231.46 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barrick Mining Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Barrick Mining'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.

Barrick Mining Cyclically Adjusted PB Ratio Chart

Barrick Mining 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 1.87 1.57 1.54 1.57 1.40

Barrick Mining Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.46 1.45 1.71 1.40 1.72

Competitive Comparison of Barrick Mining's Cyclically Adjusted PB Ratio

For the Gold subindustry, Barrick Mining'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.


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

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

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


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Barrick Mining 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.

Barrick Mining's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=379.30/231.46
=1.64

* 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.

Barrick Mining's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Barrick Mining's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=290.907/129.1809*129.1809
=290.907

Current CPI (Mar. 2025) = 129.1809.

Barrick Mining Quarterly Data

Book Value per Share CPI Adj_Book
201506 136.995 100.500 176.090
201509 141.808 100.421 182.420
201512 105.937 99.947 136.923
201603 105.968 101.054 135.463
201606 116.516 102.002 147.563
201609 124.730 101.765 158.333
201612 140.357 101.449 178.726
201703 138.644 102.634 174.506
201706 149.475 103.029 187.417
201709 149.635 103.345 187.044
201712 156.331 103.345 195.414
201803 147.581 105.004 181.561
201806 157.511 105.557 192.762
201809 142.691 105.636 174.495
201812 127.661 105.399 156.466
201903 172.702 106.979 208.543
201906 172.573 107.690 207.012
201909 223.752 107.611 268.601
201912 227.348 107.769 272.517
202003 285.999 107.927 342.319
202006 286.010 108.401 340.835
202009 283.249 108.164 338.285
202012 261.108 108.559 310.707
202103 272.114 110.298 318.701
202106 265.030 111.720 306.453
202109 272.937 112.905 312.283
202112 275.049 113.774 312.295
202203 270.518 117.646 297.043
202206 273.903 120.806 292.892
202209 272.426 120.648 291.694
202212 252.909 120.964 270.089
202303 233.223 122.702 245.537
202306 223.046 124.203 231.985
202309 228.412 125.230 235.617
202312 225.679 125.072 233.092
202403 221.799 126.258 226.934
202406 246.842 127.522 250.054
202409 268.436 127.285 272.435
202412 293.315 127.364 297.500
202503 290.907 129.181 290.907

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.


Barrick Mining  (MEX:BN) 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.


Barrick Mining Cyclically Adjusted PB Ratio Related Terms

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


Barrick Mining Business Description

Address
161 Bay Street, Brookfield Place, TD Canada Trust Tower, Suite 3700, P.O. Box 212, Toronto, ON, CAN, M5J 2S1
Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2024, the firm produced nearly 3.9 million attributable ounces of gold and about 430 million pounds of copper. At year-end 2024, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.