Tristar Gold (TSXV:TSG) Cyclically Adjusted PB Ratio : (As of May. 03, 2024)

View and export this data going back to 2010. Start your Free Trial

What is Tristar Gold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation

Tristar Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tristar 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.

Tristar Gold Cyclically Adjusted PB Ratio Chart

Tristar Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PB Ratio

Get a 7-Day Free Trial

1.28

1.82

1.42

0.81

Tristar Gold Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															0.81	0.81	0.85	0.65	-

Competitive Comparison of Tristar Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Tristar 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.

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

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

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

Tristar 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.

Tristar Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Tristar Gold's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book	=	Book Value per Share	/	CPI of Dec. 2023 (Change)	*	Current CPI (Dec. 2023)
	=	0.141	/	129.4194	*	129.4194
	=	0.141

Current CPI (Dec. 2023) = 129.4194.

Tristar Gold Quarterly Data

	Book Value per Share	CPI	Adj_Book
201312	0.153	98.326	0.201
201403	0.118	99.695	0.153
201406	0.101	100.560	0.130
201409	0.095	100.428	0.122
201412	0.128	99.070	0.167
201503	0.142	99.621	0.184
201506	0.139	100.684	0.179
201509	0.141	100.392	0.182
201512	0.143	99.792	0.185
201603	0.105	100.470	0.135
201606	0.111	101.688	0.141
201609	0.104	101.861	0.132
201612	0.143	101.863	0.182
201703	0.143	102.862	0.180
201706	0.145	103.349	0.182
201709	0.139	104.136	0.173
201712	0.143	104.011	0.178
201803	0.143	105.290	0.176
201806	0.145	106.317	0.177
201809	0.143	106.507	0.174
201812	0.145	105.998	0.177
201903	0.143	107.251	0.173
201906	0.139	108.070	0.166
201909	0.131	108.329	0.157
201912	0.132	108.420	0.158
202003	0.134	108.902	0.159
202006	0.119	108.767	0.142
202009	0.130	109.815	0.153
202012	0.141	109.897	0.166
202103	0.140	111.754	0.162
202106	0.133	114.631	0.150
202109	0.134	115.734	0.150
202112	0.143	117.630	0.157
202203	0.127	121.301	0.135
202206	0.146	125.017	0.151
202209	0.150	125.227	0.155
202212	0.151	125.222	0.156
202303	0.149	127.348	0.151
202309	0.143	129.860	0.143
202312	0.141	129.419	0.141

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.

Tristar Gold (TSXV:TSG) 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.

Tristar Gold Cyclically Adjusted PB Ratio Related Terms

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

Tristar Gold (TSXV:TSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tristar Gold Inc (TSXV:TSG) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

TSGZF:USA 7TG:Germany

Address

7950 East Acoma Drive, Suite 209, Scottsdale, AZ, USA, 85260

Website

https://www.tristargold.com

Tristar Gold Inc is a gold exploration and development company. The company principally explores for precious and base metal prospects. Its projects include Castelo de Sonhos in Para State, Brazil. The Castelo de Sonhos gold project is situated in southwestern Para state, Brazil.