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Prosper Gold (Prosper Gold) Cyclically Adjusted PB Ratio : 0.33 (As of Jun. 23, 2024)


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What is Prosper Gold Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Prosper Gold's current share price is $0.08. Prosper Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $0.24. Prosper Gold's Cyclically Adjusted PB Ratio for today is 0.33.

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

PGXFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.61
Current: 0.36

During the past years, Prosper Gold's highest Cyclically Adjusted PB Ratio was 0.61. The lowest was 0.00. And the median was 0.00.

PGXFF's Cyclically Adjusted PB Ratio is ranked better than
71.07% of 1635 companies
in the Metals & Mining industry
Industry Median: 0.82 vs PGXFF: 0.36

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.

Prosper Gold's adjusted book value per share data for the three months ended in Jan. 2024 was $0.036. 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 $0.24 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prosper Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Prosper 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.

Prosper Gold Cyclically Adjusted PB Ratio Chart

Prosper Gold Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.92 2.19 2.19 0.90 0.45

Prosper 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 0.65 0.60 0.47 0.45 0.58

Competitive Comparison of Prosper Gold's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Prosper 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.


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

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

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



Prosper 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.08/0.24
=0.33

* 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.

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

For example, Prosper 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)
=0.036/125.0724*125.0724
=0.036

Current CPI (Jan. 2024) = 125.0724.

Prosper Gold Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.595 98.920 0.752
201407 0.558 99.315 0.703
201410 0.264 99.473 0.332
201501 0.175 98.209 0.223
201504 0.254 99.710 0.319
201507 0.272 100.579 0.338
201510 0.245 100.500 0.305
201601 0.228 100.184 0.285
201604 0.327 101.370 0.403
201607 0.406 101.844 0.499
201610 0.369 102.002 0.452
201701 0.439 102.318 0.537
201704 0.375 103.029 0.455
201707 0.246 103.029 0.299
201710 0.184 103.424 0.223
201801 0.139 104.056 0.167
201804 0.130 105.320 0.154
201807 0.097 106.110 0.114
201810 0.068 105.952 0.080
201901 0.083 105.557 0.098
201904 0.051 107.453 0.059
201907 0.039 108.243 0.045
201910 0.112 107.927 0.130
202001 0.104 108.085 0.120
202004 0.078 107.216 0.091
202007 0.072 108.401 0.083
202010 0.178 108.638 0.205
202101 0.320 109.192 0.367
202104 0.317 110.851 0.358
202107 0.256 112.431 0.285
202110 0.180 113.695 0.198
202201 0.133 114.801 0.145
202204 0.093 118.357 0.098
202207 0.072 120.964 0.074
202210 0.055 121.517 0.057
202301 0.065 121.596 0.067
202304 0.048 123.571 0.049
202307 0.049 124.914 0.049
202310 0.039 125.310 0.039
202401 0.036 125.072 0.036

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.


Prosper Gold  (OTCPK:PGXFF) 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.


Prosper Gold Cyclically Adjusted PB Ratio Related Terms

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


Prosper Gold (Prosper Gold) Business Description

Traded in Other Exchanges
Address
1055 Dunsmuir Street, Suite 3500, P.O. Box 49114, Vancouver, BC, CAN, V7X 1H7
Prosper Gold Corp is an exploration and development company. Principally, it is engaged in the acquisition, exploration, and development of mineral resource properties in British Columbia and Canada. The company is focused on the exploration and development of the Star property in British Columbia, Canada, and exploration and development of the Ontario Projects in Ontario, Canada.

Prosper Gold (Prosper Gold) Headlines

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