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Stellar AfricaGold (STU:6YP) Cyclically Adjusted PB Ratio : (As of Dec. 15, 2024)


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What is Stellar AfricaGold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Stellar AfricaGold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Stellar AfricaGold'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.

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Stellar AfricaGold Cyclically Adjusted PB Ratio Chart

Stellar AfricaGold Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.64 1.70 3.15 -

Stellar AfricaGold Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 3.15 14.95 - - -

Competitive Comparison of Stellar AfricaGold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Stellar AfricaGold'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.


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

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

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



Stellar AfricaGold 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.

Stellar AfricaGold's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2024 is calculated as:

For example, Stellar AfricaGold's adjusted Book Value per Share data for the three months ended in Jul. 2024 was:

Adj_Book=Book Value per Share/CPI of Jul. 2024 (Change)*Current CPI (Jul. 2024)
=-0.03/128.0748*128.0748
=-0.030

Current CPI (Jul. 2024) = 128.0748.

Stellar AfricaGold Quarterly Data

Book Value per Share CPI Adj_Book
201410 -0.216 99.473 -0.278
201501 -0.202 98.209 -0.263
201504 -0.192 99.710 -0.247
201507 -0.171 100.579 -0.218
201510 -0.192 100.500 -0.245
201601 -0.189 100.184 -0.242
201604 -0.202 101.370 -0.255
201607 -0.130 101.844 -0.163
201610 -0.089 102.002 -0.112
201701 -0.112 102.318 -0.140
201704 -0.096 103.029 -0.119
201707 -0.042 103.029 -0.052
201710 -0.070 103.424 -0.087
201801 -0.120 104.056 -0.148
201804 -0.147 105.320 -0.179
201807 -0.122 106.110 -0.147
201810 -0.154 105.952 -0.186
201901 -0.142 105.557 -0.172
201904 -0.161 107.453 -0.192
201907 -0.196 108.243 -0.232
201910 0.002 107.927 0.002
202001 -0.029 108.085 -0.034
202004 0.007 107.216 0.008
202007 0.109 108.401 0.129
202010 0.077 108.638 0.091
202101 0.072 109.192 0.084
202104 0.129 110.851 0.149
202107 0.135 112.431 0.154
202110 0.000 113.695 0.000
202201 0.081 114.801 0.090
202204 0.081 118.357 0.088
202207 0.077 120.964 0.082
202210 0.031 121.517 0.033
202301 0.027 121.596 0.028
202304 0.005 123.571 0.005
202307 -0.002 124.914 -0.002
202310 -0.013 125.310 -0.013
202401 -0.028 125.072 -0.029
202404 -0.022 126.890 -0.022
202407 -0.030 128.075 -0.030

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.


Stellar AfricaGold  (STU:6YP) 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.


Stellar AfricaGold Cyclically Adjusted PB Ratio Related Terms

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Stellar AfricaGold Business Description

Traded in Other Exchanges
Address
4908 Pine Crescent, Vancouver, BC, CAN, V6M 3P6
Stellar AfricaGold Inc is a precious metal exploration company. Its principal exploration project is the gold discovery at the Tichka Est Gold Project in Morocco, a grouping of seven permits covering an area of 82 km2. Stellar also holds the Namarana Gold Project in Mali.

Stellar AfricaGold Headlines

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