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TRRXF (TNR Gold) Cyclically Adjusted PB Ratio : (As of May. 31, 2025)


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What is TNR Gold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


TNR Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TNR 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.

TNR Gold Cyclically Adjusted PB Ratio Chart

TNR Gold Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.08 29.36 - - -

TNR Gold Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 TNR Gold's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, TNR 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.


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

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

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


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TNR 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.

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

For example, TNR Gold's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0/127.3637*127.3637
=0.000

Current CPI (Dec. 2024) = 127.3637.

TNR Gold Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.027 99.789 0.034
201506 0.026 100.500 0.033
201509 0.022 100.421 0.028
201512 -0.017 99.947 -0.022
201603 -0.020 101.054 -0.025
201606 -0.021 102.002 -0.026
201609 -0.022 101.765 -0.028
201612 -0.022 101.449 -0.028
201703 -0.012 102.634 -0.015
201706 -0.016 103.029 -0.020
201709 -0.017 103.345 -0.021
201712 -0.013 103.345 -0.016
201803 -0.018 105.004 -0.022
201806 -0.019 105.557 -0.023
201809 -0.021 105.636 -0.025
201812 -0.023 105.399 -0.028
201903 -0.018 106.979 -0.021
201906 -0.020 107.690 -0.024
201909 -0.022 107.611 -0.026
201912 -0.025 107.769 -0.030
202003 -0.026 107.927 -0.031
202006 -0.024 108.401 -0.028
202009 -0.026 108.164 -0.031
202012 -0.028 108.559 -0.033
202103 -0.025 110.298 -0.029
202106 -0.027 111.720 -0.031
202109 -0.028 112.905 -0.032
202112 -0.030 113.774 -0.034
202203 -0.027 117.646 -0.029
202206 -0.028 120.806 -0.030
202209 -0.028 120.648 -0.030
202212 -0.027 120.964 -0.028
202303 0.008 122.702 0.008
202306 0.005 124.203 0.005
202309 0.004 125.230 0.004
202312 0.002 125.072 0.002
202403 0.001 126.258 0.001
202406 0.000 127.522 0.000
202409 0.001 127.285 0.001
202412 0.000 127.364 0.000

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.


TNR Gold  (OTCPK:TRRXF) 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.


TNR Gold Cyclically Adjusted PB Ratio Related Terms

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


TNR Gold Business Description

Traded in Other Exchanges
Address
789 Pender Street, Suite 1120, Vancouver, BC, CAN, V6C 1H2
TNR Gold Corp is in the business of acquiring and owning royalties. It is engaged in the acquisition, exploration, and development of mineral properties located in the USA and Canada. The company explores gold and copper deposits. It holds an interest in projects such as the Shotgun Gold project, Los Azules Copper property, and Mariana Property.