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Centerra Gold (TSX:CG) Cyclically Adjusted PB Ratio : 0.89 (As of May. 31, 2025)


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What is Centerra Gold Cyclically Adjusted PB Ratio?

As of today (2025-05-31), Centerra Gold's current share price is C$9.79. Centerra Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$11.03. Centerra Gold's Cyclically Adjusted PB Ratio for today is 0.89.

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

TSX:CG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.08   Max: 2.21
Current: 0.89

During the past years, Centerra Gold's highest Cyclically Adjusted PB Ratio was 2.21. The lowest was 0.59. And the median was 1.08.

TSX:CG's Cyclically Adjusted PB Ratio is ranked better than
51.73% of 1535 companies
in the Metals & Mining industry
Industry Median: 0.97 vs TSX:CG: 0.89

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.

Centerra Gold's adjusted book value per share data for the three months ended in Mar. 2025 was C$11.463. 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 C$11.03 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Centerra Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Centerra 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.

Centerra Gold Cyclically Adjusted PB Ratio Chart

Centerra 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 1.75 1.09 0.72 0.76 0.75

Centerra Gold Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.76 0.86 0.90 0.75 0.83

Competitive Comparison of Centerra Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Centerra 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.


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

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

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


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Centerra 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.79/11.03
=0.89

* 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.

Centerra Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Centerra Gold's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=11.463/129.1809*129.1809
=11.463

Current CPI (Mar. 2025) = 129.1809.

Centerra Gold Quarterly Data

Book Value per Share CPI Adj_Book
201506 7.569 100.500 9.729
201509 7.983 100.421 10.269
201512 8.190 99.947 10.585
201603 7.935 101.054 10.144
201606 7.714 102.002 9.769
201609 8.165 101.765 10.365
201612 8.354 101.449 10.638
201703 8.648 102.634 10.885
201706 8.694 103.029 10.901
201709 8.004 103.345 10.005
201712 8.864 103.345 11.080
201803 9.047 105.004 11.130
201806 9.413 105.557 11.520
201809 9.391 105.636 11.484
201812 9.884 105.399 12.114
201903 10.066 106.979 12.155
201906 10.171 107.690 12.201
201909 9.364 107.611 11.241
201912 9.263 107.769 11.103
202003 9.828 107.927 11.763
202006 9.906 108.401 11.805
202009 10.604 108.164 12.664
202012 10.678 108.559 12.706
202103 11.123 110.298 13.027
202106 7.256 111.720 8.390
202109 7.613 112.905 8.710
202112 8.806 113.774 9.998
202203 9.029 117.646 9.914
202206 9.120 120.806 9.752
202209 11.888 120.648 12.729
202212 11.259 120.964 12.024
202303 10.786 122.702 11.356
202306 10.221 124.203 10.631
202309 10.748 125.230 11.087
202312 10.423 125.072 10.765
202403 10.848 126.258 11.099
202406 11.142 127.522 11.287
202409 11.160 127.285 11.326
202412 11.233 127.364 11.393
202503 11.463 129.181 11.463

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.


Centerra Gold  (TSX:CG) 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.


Centerra Gold Cyclically Adjusted PB Ratio Related Terms

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


Centerra Gold Business Description

Traded in Other Exchanges
Address
1 University Avenue, Suite 1500, Toronto, ON, CAN, M5J 2P1
Centerra Gold Inc a gold mining and exploration company engaged in the operation, exploration, development, and acquisition of gold properties in Asia, North America, and other markets world-wide. The company reportable operating segments are Oksut; Mount; and Milligan Molybdenum. It derives maximum revenue from Oksut segment. Geographically, it operates in Turkey, United States, Canada and Other.
Executives
Wendy Wai Ting Kei Director
Michael S. Parrett Director
Lisa Wilkinson Senior Officer
Paul Botond Stilicho Tomory Director, Senior Officer
William Paul Chawrun Senior Officer
Ryan Matthew Jonathan Snyder Senior Officer
Hélène Timpano Senior Officer
Claudia D'orazio Senior Officer
Yousef Rehman Senior Officer
Paul Nicholas Wright Director
Craig Stephen Macdougall Director
Darren Millman Senior Officer
Dennis Kwong Senior Officer
Scott Graeme Perry Senior Officer
Sheryl Pressler Director