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Cosigo Resources (TSXV:CSG.H) Cyclically Adjusted PB Ratio : 4.00 (As of Oct. 31, 2024)


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What is Cosigo Resources Cyclically Adjusted PB Ratio?

As of today (2024-10-31), Cosigo Resources's current share price is C$0.08. Cosigo Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was C$0.02. Cosigo Resources's Cyclically Adjusted PB Ratio for today is 4.00.

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

TSXV:CSG.H' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 5.21
Current: 5.21

During the past years, Cosigo Resources's highest Cyclically Adjusted PB Ratio was 5.21. The lowest was 0.00. And the median was 0.00.

TSXV:CSG.H's Cyclically Adjusted PB Ratio is ranked worse than
90.25% of 1570 companies
in the Metals & Mining industry
Industry Median: 0.88 vs TSXV:CSG.H: 5.21

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.

Cosigo Resources's adjusted book value per share data for the three months ended in Jun. 2024 was C$-0.002. 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$0.02 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cosigo Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cosigo Resources'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.

Cosigo Resources Cyclically Adjusted PB Ratio Chart

Cosigo Resources Annual Data
Trend Nov10 Dec11 Dec12 Dec13 Dec14 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.37 0.44 1.68 2.45

Cosigo Resources Quarterly Data
Sep15 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 1.88 2.45 2.25 2.47

Competitive Comparison of Cosigo Resources's Cyclically Adjusted PB Ratio

For the Gold subindustry, Cosigo Resources'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.


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

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

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



Cosigo Resources 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.

Cosigo Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.08/0.02
=4.00

* 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.

Cosigo Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Cosigo Resources's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.002/127.5217*127.5217
=-0.002

Current CPI (Jun. 2024) = 127.5217.

Cosigo Resources Quarterly Data

Book Value per Share CPI Adj_Book
201008 0.043 92.204 0.059
201011 0.052 92.836 0.071
201102 0.036 93.311 0.049
201106 0.062 94.654 0.084
201109 0.061 95.286 0.082
201112 0.053 94.970 0.071
201203 0.047 96.155 0.062
201206 0.037 96.076 0.049
201209 0.032 96.392 0.042
201212 0.026 95.760 0.035
201303 0.021 97.103 0.028
201306 0.026 97.182 0.034
201309 0.013 97.419 0.017
201312 0.008 96.945 0.011
201403 0.004 98.604 0.005
201406 0.002 99.473 0.003
201409 0.000 99.394 0.000
201412 -0.001 98.367 -0.001
201503 -0.002 99.789 -0.003
201506 -0.002 100.500 -0.003
201509 -0.002 100.421 -0.003
201912 -0.004 107.769 -0.005
202003 0.000 107.927 0.000
202006 0.000 108.401 0.000
202009 0.000 108.164 0.000
202012 -0.006 108.559 -0.007
202103 -0.006 110.298 -0.007
202106 -0.006 111.720 -0.007
202109 -0.003 112.905 -0.003
202112 -0.003 113.774 -0.003
202203 -0.003 117.646 -0.003
202206 -0.004 120.806 -0.004
202209 -0.004 120.648 -0.004
202212 -0.003 120.964 -0.003
202303 -0.001 122.702 -0.001
202306 0.000 124.203 0.000
202309 -0.001 125.230 -0.001
202312 -0.001 125.072 -0.001
202403 -0.002 126.258 -0.002
202406 -0.002 127.522 -0.002

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.


Cosigo Resources  (TSXV:CSG.H) 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.


Cosigo Resources Cyclically Adjusted PB Ratio Related Terms

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


Cosigo Resources Business Description

Traded in Other Exchanges
Address
3854 Cadboro Bay Road, Victoria, BC, CAN, V8N 4G4
Cosigo Resources Ltd is engaged in exploring and developing mineral properties in Canada, Brazil, and Colombia. The projects of the company include Machado, CN mineral project, Damian area, and other projects.

Cosigo Resources Headlines

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