/term/cyclically-adjusted-pb-ratio/TSXV:GGO Galleon Gold (TSXV:GGO) Cyclically Adjusted PB Ratio
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Galleon Gold (TSXV:GGO) Cyclically Adjusted PB Ratio : 0.17 (As of Jun. 20, 2024)


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What is Galleon Gold Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Galleon Gold's current share price is C$0.20. Galleon Gold's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was C$1.16. Galleon Gold's Cyclically Adjusted PB Ratio for today is 0.17.

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

TSXV:GGO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.04   Max: 0.26
Current: 0.17

During the past years, Galleon Gold's highest Cyclically Adjusted PB Ratio was 0.26. The lowest was 0.01. And the median was 0.04.

TSXV:GGO's Cyclically Adjusted PB Ratio is ranked better than
83.06% of 1635 companies
in the Metals & Mining industry
Industry Median: 0.82 vs TSXV:GGO: 0.17

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.

Galleon Gold's adjusted book value per share data for the three months ended in Feb. 2024 was C$0.368. 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$1.16 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Galleon Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Galleon 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.

Galleon Gold Cyclically Adjusted PB Ratio Chart

Galleon Gold Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.32 0.20 0.12 0.07

Galleon Gold Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.11 0.13 0.09 0.07 0.13

Competitive Comparison of Galleon Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Galleon 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.


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

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

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



Galleon 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.20/1.16
=0.17

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.368/125.4675*125.4675
=0.368

Current CPI (Feb. 2024) = 125.4675.

Galleon Gold Quarterly Data

Book Value per Share CPI Adj_Book
201405 5.657 99.394 7.141
201408 5.624 99.315 7.105
201411 4.437 99.078 5.619
201502 4.396 99.078 5.567
201505 4.507 100.263 5.640
201508 4.508 100.579 5.623
201511 0.320 100.421 0.400
201602 0.295 100.421 0.369
201605 0.255 101.765 0.314
201608 0.230 101.686 0.284
201611 0.027 101.607 0.033
201702 0.009 102.476 0.011
201705 0.000 103.108 0.000
201708 0.059 103.108 0.072
201711 0.045 103.740 0.054
201802 0.034 104.688 0.041
201805 0.025 105.399 0.030
201808 0.013 106.031 0.015
201811 -0.060 105.478 -0.071
201902 -0.097 106.268 -0.115
201905 -0.067 107.927 -0.078
201908 -0.065 108.085 -0.075
201911 -0.045 107.769 -0.052
202002 0.293 108.559 0.339
202005 0.312 107.532 0.364
202008 0.330 108.243 0.383
202011 0.421 108.796 0.486
202102 0.432 109.745 0.494
202105 0.433 111.404 0.488
202108 0.431 112.668 0.480
202111 0.437 113.932 0.481
202202 0.425 115.986 0.460
202205 0.433 120.016 0.453
202208 0.426 120.569 0.443
202211 0.382 121.675 0.394
202302 0.402 122.070 0.413
202305 0.425 124.045 0.430
202308 0.402 125.389 0.402
202311 0.386 125.468 0.386
202402 0.368 125.468 0.368

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.


Galleon Gold  (TSXV:GGO) 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.


Galleon Gold Cyclically Adjusted PB Ratio Related Terms

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


Galleon Gold (TSXV:GGO) Business Description

Traded in Other Exchanges
Address
161 Bay Street, 27th Floor, Suite 2700, PO Box 508, TD Canada Trust Tower, Toronto, ON, CAN, M5J 2S1
Galleon Gold Corp is principally engaged in the business of acquiring, exploring, and developing mineral properties in Canada and the United States, those containing gold, silver, platinum group elements (PGEs), copper, nickel, and associated base and precious metals. Its projects include West Cache Gold, Ontario, Neal, Idaho, USA, Chester, New Brunswick, and Other properties in Canada. Its properties are located in two geographical areas, Canada, and the United States of America, and the majority of the revenue comes from Canada.
Executives
Chris Dupont Director, Senior Officer

Galleon Gold (TSXV:GGO) Headlines

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