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Osisko Mining (TSX:OSK) Cyclically Adjusted PB Ratio : 1.09 (As of May. 01, 2024)


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What is Osisko Mining Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Osisko Mining's current share price is C$3.04. Osisko Mining's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$2.78. Osisko Mining's Cyclically Adjusted PB Ratio for today is 1.09.

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

TSX:OSK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.15
Current: 1.12

During the past years, Osisko Mining's highest Cyclically Adjusted PB Ratio was 1.15. The lowest was 0.00. And the median was 0.00.

TSX:OSK's Cyclically Adjusted PB Ratio is ranked worse than
56.64% of 1612 companies
in the Metals & Mining industry
Industry Median: 0.85 vs TSX:OSK: 1.12

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.

Osisko Mining's adjusted book value per share data for the three months ended in Dec. 2023 was C$2.670. 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$2.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Osisko Mining Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Osisko 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.

Osisko Mining Cyclically Adjusted PB Ratio Chart

Osisko 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 - - 0.98 0.97 0.96

Osisko Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.97 1.30 1.03 0.83 0.96

Competitive Comparison of Osisko Mining's Cyclically Adjusted PB Ratio

For the Gold subindustry, Osisko 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.


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

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

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



Osisko 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.

Osisko Mining's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.04/2.78
=1.09

* 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.

Osisko Mining's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Osisko Mining's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.67/125.4675*125.4675
=2.670

Current CPI (Dec. 2023) = 125.4675.

Osisko Mining Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.425 98.604 9.448
201406 6.941 99.473 8.755
201409 3.878 99.394 4.895
201412 3.671 98.367 4.682
201503 2.103 99.789 2.644
201506 2.042 100.500 2.549
201509 2.007 100.421 2.508
201512 1.937 99.947 2.432
201603 1.524 101.054 1.892
201606 1.550 102.002 1.907
201609 1.686 101.765 2.079
201612 1.682 101.449 2.080
201703 1.889 102.634 2.309
201706 0.000 103.029 0.000
201709 1.890 103.345 2.295
201712 2.061 103.345 2.502
201803 2.047 105.004 2.446
201806 2.024 105.557 2.406
201809 2.043 105.636 2.427
201812 2.065 105.399 2.458
201903 1.912 106.979 2.242
201906 1.887 107.690 2.199
201909 1.785 107.611 2.081
201912 1.842 107.769 2.144
202003 1.792 107.927 2.083
202006 2.048 108.401 2.370
202009 2.020 108.164 2.343
202012 2.024 108.559 2.339
202103 2.061 110.298 2.344
202106 2.042 111.720 2.293
202109 2.024 112.905 2.249
202112 2.021 113.774 2.229
202203 2.075 117.646 2.213
202206 2.068 120.806 2.148
202209 2.052 120.648 2.134
202212 2.016 120.964 2.091
202303 2.092 122.702 2.139
202306 2.670 124.203 2.697
202309 2.722 125.230 2.727
202312 2.670 125.468 2.670

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.


Osisko Mining  (TSX:OSK) 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.


Osisko Mining Cyclically Adjusted PB Ratio Related Terms

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


Osisko Mining (TSX:OSK) Business Description

Traded in Other Exchanges
Address
155 University Avenue, Suite 1440, Toronto, ON, CAN, M5H 3B7
Osisko Mining Inc is a precious metal mining company. It is engaged in acquiring, exploring and developing mineral properties. The company's project portfolio includes Urban-Barry, Windfall Lake Property, Quevillon Osborne Project and the Garrison Properties.