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Pinnacle Silver and Gold (Pinnacle Silver and Gold) Cyclically Adjusted PB Ratio : 0.02 (As of Jun. 14, 2024)


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What is Pinnacle Silver and Gold Cyclically Adjusted PB Ratio?

As of today (2024-06-14), Pinnacle Silver and Gold's current share price is $0.011. Pinnacle Silver and Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $0.45. Pinnacle Silver and Gold's Cyclically Adjusted PB Ratio for today is 0.02.

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

NRGOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.41
Current: 0.18

During the past years, Pinnacle Silver and Gold's highest Cyclically Adjusted PB Ratio was 0.41. The lowest was 0.00. And the median was 0.00.

NRGOF's Cyclically Adjusted PB Ratio is ranked better than
82.56% of 1634 companies
in the Metals & Mining industry
Industry Median: 0.85 vs NRGOF: 0.18

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.

Pinnacle Silver and Gold's adjusted book value per share data for the three months ended in Jan. 2024 was $-0.007. 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 $0.45 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pinnacle Silver and Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pinnacle Silver and 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.

Pinnacle Silver and Gold Cyclically Adjusted PB Ratio Chart

Pinnacle Silver and Gold Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.72 2.44 1.18 0.40

Pinnacle Silver and Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.39 0.40 0.41 0.42 0.15

Competitive Comparison of Pinnacle Silver and Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Pinnacle Silver and 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.


Pinnacle Silver and Gold's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Pinnacle Silver and 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.

Pinnacle Silver and Gold's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.011/0.45
=0.02

* 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.

Pinnacle Silver and Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Pinnacle Silver and Gold's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.007/125.0724*125.0724
=-0.007

Current CPI (Jan. 2024) = 125.0724.

Pinnacle Silver and Gold Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.296 98.920 0.374
201407 0.231 99.315 0.291
201410 0.189 99.473 0.238
201501 0.170 98.209 0.217
201504 0.161 99.710 0.202
201507 0.153 100.579 0.190
201510 0.143 100.500 0.178
201601 0.159 100.184 0.198
201604 0.173 101.370 0.213
201607 0.155 101.844 0.190
201610 0.144 102.002 0.177
201701 0.229 102.318 0.280
201704 0.263 103.029 0.319
201707 0.249 103.029 0.302
201710 0.189 103.424 0.229
201801 0.200 104.056 0.240
201804 0.179 105.320 0.213
201807 0.148 106.110 0.174
201810 0.172 105.952 0.203
201901 0.140 105.557 0.166
201904 0.126 107.453 0.147
201907 0.132 108.243 0.153
201910 0.123 107.927 0.143
202001 0.170 108.085 0.197
202004 0.108 107.216 0.126
202007 0.108 108.401 0.125
202010 0.112 108.638 0.129
202101 0.147 109.192 0.168
202104 0.160 110.851 0.181
202107 0.114 112.431 0.127
202110 0.094 113.695 0.103
202201 0.091 114.801 0.099
202204 0.008 118.357 0.008
202207 -0.003 120.964 -0.003
202210 -0.009 121.517 -0.009
202301 -0.005 121.596 -0.005
202304 0.007 123.571 0.007
202307 0.004 124.914 0.004
202310 -0.003 125.310 -0.003
202401 -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.


Pinnacle Silver and Gold  (OTCPK:NRGOF) 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.


Pinnacle Silver and Gold Cyclically Adjusted PB Ratio Related Terms

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


Pinnacle Silver and Gold (Pinnacle Silver and Gold) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 3B6
Newrange Gold Corp has signed a binding Definitive Agreement for an RTO with ASX-listed Mithril Resources to create a new Americas-focused precious metals exploration & development company. The flagship project will be the high-grade gold-silver Copalquin Project in the Sierra Madre of Mexico. The Company will also continue to focus on district-scale exploration for precious metals in the prolific Red Lake District of northwestern Ontario. The past-producing high-grade Argosy Gold Mine is open to depth, while the adjacent North Birch Project offers additional blue-sky potential. Both projects lie within 10-12 kilometres of the Springpole Gold Deposit currently under development by First Mining Gold.

Pinnacle Silver and Gold (Pinnacle Silver and Gold) Headlines