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Dixie Gold (TSXV:DG) Cyclically Adjusted PB Ratio : 0.50 (As of Dec. 13, 2024)


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What is Dixie Gold Cyclically Adjusted PB Ratio?

As of today (2024-12-13), Dixie Gold's current share price is C$0.065. Dixie Gold's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was C$0.13. Dixie Gold's Cyclically Adjusted PB Ratio for today is 0.50.

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

TSXV:DG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.26
Current: 0.49

During the past years, Dixie Gold's highest Cyclically Adjusted PB Ratio was 1.26. The lowest was 0.00. And the median was 0.00.

TSXV:DG's Cyclically Adjusted PB Ratio is ranked better than
67.28% of 1577 companies
in the Metals & Mining industry
Industry Median: 0.83 vs TSXV:DG: 0.49

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.

Dixie Gold's adjusted book value per share data for the three months ended in Sep. 2024 was C$0.050. 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$0.13 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dixie Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dixie 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.

Dixie Gold Cyclically Adjusted PB Ratio Chart

Dixie Gold 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 - - 0.90 0.34 1.12

Dixie Gold Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.54 1.12 0.32 0.34 0.34

Competitive Comparison of Dixie Gold's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Dixie 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.


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

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

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



Dixie 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.065/0.13
=0.50

* 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.

Dixie Gold's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Dixie Gold's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.05/127.2847*127.2847
=0.050

Current CPI (Sep. 2024) = 127.2847.

Dixie Gold Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.414 98.367 0.536
201503 0.401 99.789 0.511
201506 0.118 100.500 0.149
201509 0.114 100.421 0.144
201512 0.106 99.947 0.135
201603 0.101 101.054 0.127
201606 0.157 102.002 0.196
201609 0.135 101.765 0.169
201612 0.133 101.449 0.167
201703 0.130 102.634 0.161
201706 0.135 103.029 0.167
201709 0.112 103.345 0.138
201712 0.150 103.345 0.185
201803 0.144 105.004 0.175
201806 0.140 105.557 0.169
201809 0.137 105.636 0.165
201812 0.121 105.399 0.146
201903 0.118 106.979 0.140
201906 0.115 107.690 0.136
201909 0.107 107.611 0.127
201912 0.085 107.769 0.100
202003 0.081 107.927 0.096
202006 0.078 108.401 0.092
202009 0.076 108.164 0.089
202012 0.073 108.559 0.086
202103 0.084 110.298 0.097
202106 0.082 111.720 0.093
202109 0.079 112.905 0.089
202112 0.068 113.774 0.076
202203 0.066 117.646 0.071
202206 0.063 120.806 0.066
202209 0.061 120.648 0.064
202212 0.057 120.964 0.060
202303 0.055 122.702 0.057
202306 0.052 124.203 0.053
202309 0.050 125.230 0.051
202312 0.056 125.072 0.057
202403 0.053 126.258 0.053
202406 0.052 127.522 0.052
202409 0.050 127.285 0.050

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.


Dixie Gold  (TSXV:DG) 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.


Dixie Gold Cyclically Adjusted PB Ratio Related Terms

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


Dixie Gold Business Description

Traded in Other Exchanges
Address
1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6E 3C9
Dixie Gold Inc is engaged in the exploration and development of mineral resources. It is involved in a diverse portfolio of exploration projects, including gold, lithium, and uranium assets in Canada. The firm's projects include the Red Lake Gold Project, Preston Uranium Project, Isko Gold Project, and Phoenix and trop lithium projects.
Executives
Ryan Kalt 10% Security Holder, Director
Ryan Cheung Senior Officer