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Victoria Gold (Victoria Gold) Cyclically Adjusted PB Ratio : 1.13 (As of Jun. 06, 2024)


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What is Victoria Gold Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Victoria Gold's current share price is $6.03. Victoria Gold's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $5.35. Victoria Gold's Cyclically Adjusted PB Ratio for today is 1.13.

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

VITFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.5   Max: 3.36
Current: 1.07

During the past years, Victoria Gold's highest Cyclically Adjusted PB Ratio was 3.36. The lowest was 0.76. And the median was 1.50.

VITFF's Cyclically Adjusted PB Ratio is ranked worse than
54.78% of 1632 companies
in the Metals & Mining industry
Industry Median: 0.87 vs VITFF: 1.07

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.

Victoria Gold's adjusted book value per share data for the three months ended in Mar. 2024 was $6.424. 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 $5.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Victoria Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Victoria 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.

Victoria Gold Cyclically Adjusted PB Ratio Chart

Victoria Gold Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 2.06 2.27 1.05 0.97

Victoria Gold Quarterly Data
May19 Aug19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.30 1.10 0.82 0.97 0.91

Competitive Comparison of Victoria Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Victoria 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.


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

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

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



Victoria 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.03/5.35
=1.13

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.424/126.2576*126.2576
=6.424

Current CPI (Mar. 2024) = 126.2576.

Victoria Gold Quarterly Data

Book Value per Share CPI Adj_Book
201405 5.261 99.394 6.683
201408 5.273 99.315 6.703
201411 5.057 99.078 6.444
201502 4.382 99.078 5.584
201505 4.479 100.263 5.640
201508 4.148 100.579 5.207
201511 4.008 100.421 5.039
201602 3.798 100.421 4.775
201605 3.907 101.765 4.847
201608 4.174 101.686 5.183
201611 4.064 101.607 5.050
201702 4.189 102.476 5.161
201705 4.108 103.108 5.030
201708 4.396 103.108 5.383
201711 4.336 103.740 5.277
201802 4.411 104.688 5.320
201805 4.450 105.399 5.331
201808 4.475 106.031 5.329
201811 4.370 105.478 5.231
201902 4.213 106.268 5.005
201905 4.200 107.927 4.913
201908 3.982 108.085 4.651
201912 4.175 107.769 4.891
202003 3.390 107.927 3.966
202006 3.431 108.401 3.996
202009 3.763 108.164 4.392
202012 4.595 108.559 5.344
202103 5.102 110.298 5.840
202106 5.285 111.720 5.973
202109 5.504 112.905 6.155
202112 6.024 113.774 6.685
202203 6.377 117.646 6.844
202206 6.591 120.806 6.888
202209 6.194 120.648 6.482
202212 6.208 120.964 6.480
202303 6.188 122.702 6.367
202306 6.571 124.203 6.680
202309 6.516 125.230 6.569
202312 6.603 125.072 6.666
202403 6.424 126.258 6.424

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.


Victoria Gold  (OTCPK:VITFF) 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.


Victoria Gold Cyclically Adjusted PB Ratio Related Terms

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


Victoria Gold (Victoria Gold) Business Description

Traded in Other Exchanges
Address
80 Richmond Street West, Suite 204, Toronto, ON, CAN, M5H 2A4
Victoria Gold Corp is engaged in the acquisition, evaluation, and exploration of mineral properties. Its mining project includes The Eagle Gold Project in Yukon Canada. Eagle is an open pit, heap leach operation located approximately 375 kilometers north of the capital city of Whitehorse. The exploration potential of the company's 100% owned greater Dublin Gulch property is good and includes priority targets Olive-Shamrock and Nugget-Raven.

Victoria Gold (Victoria Gold) Headlines