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WHGOF (White Gold) Cyclically Adjusted PB Ratio : 0.38 (As of May. 30, 2025)


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What is White Gold Cyclically Adjusted PB Ratio?

As of today (2025-05-30), White Gold's current share price is $0.1922. White Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $0.50. White Gold's Cyclically Adjusted PB Ratio for today is 0.38.

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

WHGOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.37
Current: 0.37

During the past years, White Gold's highest Cyclically Adjusted PB Ratio was 0.37. The lowest was 0.00. And the median was 0.00.

WHGOF's Cyclically Adjusted PB Ratio is ranked better than
71.34% of 1535 companies
in the Metals & Mining industry
Industry Median: 0.97 vs WHGOF: 0.37

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.

White Gold's adjusted book value per share data for the three months ended in Dec. 2024 was $0.489. 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 $0.50 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


White Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for White 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.

White Gold Cyclically Adjusted PB Ratio Chart

White Gold Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.49 1.91 0.84 0.44 0.32

White Gold Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.44 0.51 0.39 0.38 0.32

Competitive Comparison of White Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, White 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.


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

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

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


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White 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1922/0.50
=0.38

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.489/127.3637*127.3637
=0.489

Current CPI (Dec. 2024) = 127.3637.

White Gold Quarterly Data

Book Value per Share CPI Adj_Book
201503 -0.141 99.789 -0.180
201506 -0.153 100.500 -0.194
201509 0.012 100.421 0.015
201512 0.010 99.947 0.013
201603 0.011 101.054 0.014
201606 0.011 102.002 0.014
201609 0.010 101.765 0.013
201612 0.343 101.449 0.431
201703 0.403 102.634 0.500
201706 0.678 103.029 0.838
201709 0.732 103.345 0.902
201712 0.713 103.345 0.879
201803 0.684 105.004 0.830
201806 0.668 105.557 0.806
201809 0.660 105.636 0.796
201812 0.643 105.399 0.777
201903 0.645 106.979 0.768
201906 0.644 107.690 0.762
201909 0.654 107.611 0.774
201912 0.620 107.769 0.733
202003 0.578 107.927 0.682
202006 0.589 108.401 0.692
202009 0.598 108.164 0.704
202012 0.605 108.559 0.710
202103 0.610 110.298 0.704
202106 0.621 111.720 0.708
202109 0.587 112.905 0.662
202112 0.593 113.774 0.664
202203 0.594 117.646 0.643
202206 0.582 120.806 0.614
202209 0.557 120.648 0.588
202212 0.538 120.964 0.566
202303 0.529 122.702 0.549
202306 0.541 124.203 0.555
202309 0.528 125.230 0.537
202312 0.508 125.072 0.517
202403 0.500 126.258 0.504
202406 0.492 127.522 0.491
202409 0.496 127.285 0.496
202412 0.489 127.364 0.489

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.


White Gold  (OTCPK:WHGOF) 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.


White Gold Cyclically Adjusted PB Ratio Related Terms

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


White Gold Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, Toronto, ON, CAN, M5C 1P1
White Gold Corp is a junior natural resource mining company engaged in the business of acquiring and exploring mineral properties. The company's flagship White Gold project hosts four near-surface gold deposits which collectively contain an estimated 1,203,000 ounces of gold in Indicated Resources and 1,116,600 ounces of gold in Inferred Resources. Regional exploration work has also produced several other new discoveries and prospective targets on the company's claim packages which border sizable gold discoveries including the Coffee project owned by Newmont Corporation and Western Copper and Gold Corporation's Casino project.