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Vista Gold (TSX:VGZ) Cyclically Adjusted PB Ratio : 4.47 (As of Jun. 02, 2025)


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What is Vista Gold Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Vista Gold's current share price is C$1.61. Vista Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$0.36. Vista Gold's Cyclically Adjusted PB Ratio for today is 4.47.

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

TSX:VGZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 4.79
Current: 4.79

During the past years, Vista Gold's highest Cyclically Adjusted PB Ratio was 4.79. The lowest was 0.00. And the median was 0.00.

TSX:VGZ's Cyclically Adjusted PB Ratio is ranked worse than
87.27% of 1540 companies
in the Metals & Mining industry
Industry Median: 0.965 vs TSX:VGZ: 4.79

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.

Vista Gold's adjusted book value per share data for the three months ended in Mar. 2025 was C$0.180. 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$0.36 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vista Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vista 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.

Vista Gold Cyclically Adjusted PB Ratio Chart

Vista 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 1.63 1.38 1.38 1.58 2.23

Vista 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 2.05 1.75 3.02 2.23 3.36

Competitive Comparison of Vista Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Vista 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.


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

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

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


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Vista 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.61/0.36
=4.47

* 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.

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

For example, Vista 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)
=0.18/134.9266*134.9266
=0.180

Current CPI (Mar. 2025) = 134.9266.

Vista Gold Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.426 100.684 0.571
201509 0.466 100.392 0.626
201512 0.448 99.792 0.606
201603 0.423 100.470 0.568
201606 0.441 101.688 0.585
201609 0.568 101.861 0.752
201612 0.553 101.863 0.732
201703 0.517 102.862 0.678
201706 0.479 103.349 0.625
201709 0.404 104.136 0.523
201712 0.374 104.011 0.485
201803 0.369 105.290 0.473
201806 0.353 106.317 0.448
201809 0.323 106.507 0.409
201812 0.285 105.998 0.363
201903 0.248 107.251 0.312
201906 0.212 108.070 0.265
201909 0.180 108.329 0.224
201912 0.165 108.420 0.205
202003 0.132 108.902 0.164
202006 0.164 108.767 0.203
202009 0.224 109.815 0.275
202012 0.197 109.897 0.242
202103 0.162 111.754 0.196
202106 0.152 114.631 0.179
202109 0.243 115.734 0.283
202112 0.156 117.630 0.179
202203 0.151 121.301 0.168
202206 0.139 125.017 0.150
202209 0.127 125.227 0.137
202212 0.115 125.222 0.124
202303 0.098 127.348 0.104
202306 0.086 128.729 0.090
202309 0.073 129.860 0.076
202312 0.055 129.419 0.057
202403 0.046 131.776 0.047
202406 0.226 132.554 0.230
202409 0.210 133.029 0.213
202412 0.206 133.157 0.209
202503 0.180 134.927 0.180

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.


Vista Gold  (TSX:VGZ) 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.


Vista Gold Cyclically Adjusted PB Ratio Related Terms

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


Vista Gold Business Description

Traded in Other Exchanges
Address
8310 S Valley Highway, Suite 300, Englewood, CO, USA, 80112
Vista Gold Corp is a gold mining company. It is engaged in the evaluation, acquisition, exploration, and advancement of gold exploration and potential development projects. The company evaluate, acquire, explore and advance gold exploration and potential development projects for gold production or value adding strategic transactions. The Company has one reportable segment: Australia. The Australia segment conducts exploration, development, care and maintenance activities at Vista's asset, the Mt Todd gold project in Northern Territory, Australia.
Executives
Douglas Lee Tobler Senior Officer
Tracy Stevenson Director
Pamela A. Solly Senior Officer
John W. Rozelle Senior Officer
Frederick H. Earnest Senior Officer
W. Durand Eppler Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
John Engele Senior Officer
Michael Richings Director
John Clark Director