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Goldsource Mines (STU:G5MA) Cyclically Adjusted PB Ratio : 0.92 (As of Jun. 18, 2024)


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What is Goldsource Mines Cyclically Adjusted PB Ratio?

As of today (2024-06-18), Goldsource Mines's current share price is €0.442. Goldsource Mines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.48. Goldsource Mines's Cyclically Adjusted PB Ratio for today is 0.92.

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

STU:G5MA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.08
Current: 0.94

During the past years, Goldsource Mines's highest Cyclically Adjusted PB Ratio was 1.08. The lowest was 0.00. And the median was 0.00.

STU:G5MA's Cyclically Adjusted PB Ratio is ranked worse than
53.18% of 1634 companies
in the Metals & Mining industry
Industry Median: 0.815 vs STU:G5MA: 0.94

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.

Goldsource Mines's adjusted book value per share data for the three months ended in Mar. 2024 was €0.077. 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 €0.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Goldsource Mines Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Goldsource Mines'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.

Goldsource Mines Cyclically Adjusted PB Ratio Chart

Goldsource Mines Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.25 0.52 0.58 0.52

Goldsource Mines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 0.52 0.46 0.42 0.31 0.68

Competitive Comparison of Goldsource Mines's Cyclically Adjusted PB Ratio

For the Gold subindustry, Goldsource Mines'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.


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

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

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



Goldsource Mines 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.

Goldsource Mines's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.442/0.48
=0.92

* 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.

Goldsource Mines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Goldsource Mines's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.077/126.2576*126.2576
=0.077

Current CPI (Mar. 2024) = 126.2576.

Goldsource Mines Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.656 98.604 0.840
201406 0.713 99.473 0.905
201409 0.707 99.394 0.898
201412 0.780 98.367 1.001
201503 0.843 99.789 1.067
201506 0.820 100.500 1.030
201509 0.762 100.421 0.958
201512 0.588 99.947 0.743
201603 0.747 101.054 0.933
201606 0.787 102.002 0.974
201609 0.799 101.765 0.991
201612 0.488 101.449 0.607
201703 0.553 102.634 0.680
201706 0.494 103.029 0.605
201709 0.470 103.345 0.574
201712 0.426 103.345 0.520
201803 0.354 105.004 0.426
201806 0.339 105.557 0.405
201809 0.315 105.636 0.376
201812 0.301 105.399 0.361
201903 0.272 106.979 0.321
201906 0.342 107.690 0.401
201909 0.312 107.611 0.366
201912 0.266 107.769 0.312
202003 0.288 107.927 0.337
202006 0.265 108.401 0.309
202009 0.239 108.164 0.279
202012 0.182 108.559 0.212
202103 0.174 110.298 0.199
202106 0.264 111.720 0.298
202109 0.230 112.905 0.257
202112 0.204 113.774 0.226
202203 0.187 117.646 0.201
202206 0.173 120.806 0.181
202209 0.162 120.648 0.170
202212 0.131 120.964 0.137
202303 0.114 122.702 0.117
202306 0.121 124.203 0.123
202309 0.111 125.230 0.112
202403 0.077 126.258 0.077

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.


Goldsource Mines  (STU:G5MA) 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.


Goldsource Mines Cyclically Adjusted PB Ratio Related Terms

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


Goldsource Mines (STU:G5MA) Business Description

Traded in Other Exchanges
Address
570 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 3P1
Goldsource Mines Inc is a Canadian resource company. It is engaged in the business segment of the acquisition, exploration, and evaluation of resource properties. The geographical segments of the group are Canada and Guyana. It has a business interest in Eagle Mountain Gold Project, located on the Eagle Mountain Property, in Guyana, South America.

Goldsource Mines (STU:G5MA) Headlines

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