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Sandstorm Gold (TSX:SSL) Cyclically Adjusted PB Ratio : 2.16 (As of Jun. 02, 2025)


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What is Sandstorm Gold Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Sandstorm Gold's current share price is C$12.11. Sandstorm Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$5.61. Sandstorm Gold's Cyclically Adjusted PB Ratio for today is 2.16.

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

TSX:SSL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.8   Max: 3.24
Current: 2.16

During the past years, Sandstorm Gold's highest Cyclically Adjusted PB Ratio was 3.24. The lowest was 1.06. And the median was 1.80.

TSX:SSL's Cyclically Adjusted PB Ratio is ranked worse than
72.21% of 1540 companies
in the Metals & Mining industry
Industry Median: 0.965 vs TSX:SSL: 2.16

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.

Sandstorm Gold's adjusted book value per share data for the three months ended in Mar. 2025 was C$6.886. 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$5.61 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sandstorm Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sandstorm 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.

Sandstorm Gold Cyclically Adjusted PB Ratio Chart

Sandstorm 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 2.16 1.72 1.43 1.27 1.46

Sandstorm 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 1.33 1.37 1.49 1.46 1.93

Competitive Comparison of Sandstorm Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Sandstorm 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.


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

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

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


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Sandstorm 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.11/5.61
=2.16

* 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.

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

For example, Sandstorm 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)
=6.886/129.1809*129.1809
=6.886

Current CPI (Mar. 2025) = 129.1809.

Sandstorm Gold Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.249 100.500 5.462
201509 4.131 100.421 5.314
201512 4.284 99.947 5.537
201603 4.234 101.054 5.412
201606 4.293 102.002 5.437
201609 4.586 101.765 5.822
201612 4.630 101.449 5.896
201703 4.783 102.634 6.020
201706 4.689 103.029 5.879
201709 4.435 103.345 5.544
201712 4.555 103.345 5.694
201803 4.494 105.004 5.529
201806 4.395 105.557 5.379
201809 4.080 105.636 4.989
201812 4.333 105.399 5.311
201903 4.217 106.979 5.092
201906 4.172 107.690 5.005
201909 4.182 107.611 5.020
201912 4.242 107.769 5.085
202003 4.158 107.927 4.977
202006 4.252 108.401 5.067
202009 4.128 108.164 4.930
202012 4.186 108.559 4.981
202103 4.025 110.298 4.714
202106 3.941 111.720 4.557
202109 4.087 112.905 4.676
202112 3.958 113.774 4.494
202203 3.902 117.646 4.285
202206 4.142 120.806 4.429
202209 5.948 120.648 6.369
202212 6.431 120.964 6.868
202303 6.536 122.702 6.881
202306 6.328 124.203 6.582
202309 6.401 125.230 6.603
202312 6.441 125.072 6.653
202403 6.474 126.258 6.624
202406 6.601 127.522 6.687
202409 6.540 127.285 6.637
202412 6.853 127.364 6.951
202503 6.886 129.181 6.886

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.


Sandstorm Gold  (TSX:SSL) 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.


Sandstorm Gold Cyclically Adjusted PB Ratio Related Terms

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


Sandstorm Gold Business Description

Traded in Other Exchanges
Address
733 Seymour Street, Suite 3200, Vancouver, BC, CAN, V6B 5J3
Sandstorm Gold Ltd provides financing to companies engaged in gold mining through the gold stream and royalty. Geographically, the company has operational footprints in North America, South & Central America, Africa, and Asia & Australia. The firm's royalties include Hod Maden, Santa Elena, Chapada, Platreef, Greenstone, and Cerro Moro.
Executives
David Awram Director, Senior Officer
Nolan Allan Watson Director, Senior Officer
Erfan Kazemi-esfahani Senior Officer
Andrew Swarthout Director
Vera Kobalia Director
Arturo Bonillas Director, Senior Officer
Sun Valley Gold Llc 10% Security Holder
Catalin Kilofliski Director
Tim Thiessen Senior Officer
Rene Bernard 10% Security Holder
Mark Thomas Brown Director
Tony Barresi Senior Officer
Philip Steven Smerchanski Senior Officer
Fruchtexpress Grabher Gmbh & Co Kg 10% Security Holder
Jeffrey P. Newhouse Director, Senior Officer