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Lincoln Gold Mining (STU:ZMG) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


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What is Lincoln Gold Mining Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lincoln Gold Mining Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lincoln Gold 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.

Lincoln Gold Mining Cyclically Adjusted PB Ratio Chart

Lincoln Gold Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.73 - - - -

Lincoln Gold Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 - - - - -

Competitive Comparison of Lincoln Gold Mining's Cyclically Adjusted PB Ratio

For the Gold subindustry, Lincoln Gold 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.


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

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

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



Lincoln Gold 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.

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

For example, Lincoln Gold Mining'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)
=-0.444/126.2576*126.2576
=-0.444

Current CPI (Mar. 2024) = 126.2576.

Lincoln Gold Mining Quarterly Data

Book Value per Share CPI Adj_Book
201406 -14.850 99.473 -18.849
201409 -17.588 99.394 -22.342
201412 -19.546 98.367 -25.088
201503 -18.900 99.789 -23.913
201506 -19.410 100.500 -24.385
201509 -18.834 100.421 -23.680
201512 -19.845 99.947 -25.069
201603 -20.619 101.054 -25.762
201606 -20.975 102.002 -25.963
201609 -18.183 101.765 -22.559
201612 -19.011 101.449 -23.660
201703 -18.968 102.634 -23.334
201706 -4.418 103.029 -5.414
201709 -4.293 103.345 -5.245
201712 -4.789 103.345 -5.851
201803 -1.377 105.004 -1.656
201806 -1.441 105.557 -1.724
201809 -1.675 105.636 -2.002
201812 -2.408 105.399 -2.885
201903 -2.497 106.979 -2.947
201906 -2.713 107.690 -3.181
201909 -2.461 107.611 -2.887
201912 -1.170 107.769 -1.371
202003 -0.972 107.927 -1.137
202006 -0.711 108.401 -0.828
202009 -0.454 108.164 -0.530
202012 -0.343 108.559 -0.399
202103 -0.379 110.298 -0.434
202106 -0.312 111.720 -0.353
202109 -0.238 112.905 -0.266
202112 -0.280 113.774 -0.311
202203 -0.321 117.646 -0.344
202206 -0.367 120.806 -0.384
202209 -0.448 120.648 -0.469
202212 -0.461 120.964 -0.481
202303 -0.499 122.702 -0.513
202306 -0.269 124.203 -0.273
202309 -0.340 125.230 -0.343
202312 -0.404 125.072 -0.408
202403 -0.444 126.258 -0.444

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.


Lincoln Gold Mining  (STU:ZMG) 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.


Lincoln Gold Mining Cyclically Adjusted PB Ratio Related Terms

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Lincoln Gold Mining (STU:ZMG) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 400, Vancouver, BC, CAN, V6C 1H2
Lincoln Gold Mining Inc is a precious metal exploration and development company. It holds an interest in several projects which are in various stages of exploration which include the Pine Grove property located in Nevada, USA, and the Shawinigan located in Canada. The company operates through a single segment which is the Acquisition, exploration, and evaluation of mineral properties. The Company operates within two geographic areas - the United States of America and Canada.

Lincoln Gold Mining (STU:ZMG) Headlines

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