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WTHVF (Westhaven Gold) Cyclically Adjusted PB Ratio : 1.32 (As of Sep. 21, 2024)


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What is Westhaven Gold Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Westhaven Gold's current share price is $0.1185. Westhaven Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $0.09. Westhaven Gold's Cyclically Adjusted PB Ratio for today is 1.32.

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

WTHVF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.25
Current: 1.25

During the past years, Westhaven Gold's highest Cyclically Adjusted PB Ratio was 2.25. The lowest was 0.00. And the median was 0.00.

WTHVF's Cyclically Adjusted PB Ratio is ranked worse than
62.89% of 1587 companies
in the Metals & Mining industry
Industry Median: 0.78 vs WTHVF: 1.25

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.

Westhaven Gold's adjusted book value per share data for the three months ended in Jun. 2024 was $0.158. 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 $0.09 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Westhaven Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Westhaven 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.

Westhaven Gold Cyclically Adjusted PB Ratio Chart

Westhaven Gold Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 13.50 5.44 3.44

Westhaven Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24
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 2.76 2.25 1.76 1.57 1.32

Competitive Comparison of Westhaven Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Westhaven 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.


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

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

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



Westhaven 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1185/0.09
=1.32

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.158/127.5217*127.5217
=0.158

Current CPI (Jun. 2024) = 127.5217.

Westhaven Gold Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.058 99.473 0.074
201409 0.049 99.394 0.063
201412 0.044 98.367 0.057
201503 0.039 99.789 0.050
201506 0.039 100.500 0.049
201509 0.039 100.421 0.050
201512 0.021 99.947 0.027
201603 0.023 101.054 0.029
201606 0.027 102.002 0.034
201609 0.033 101.765 0.041
201612 0.031 101.449 0.039
201703 0.030 102.634 0.037
201706 0.031 103.029 0.038
201709 0.033 103.345 0.041
201712 0.034 103.345 0.042
201803 0.034 105.004 0.041
201806 0.036 105.557 0.043
201809 0.043 105.636 0.052
201812 0.043 105.399 0.052
201903 0.059 106.979 0.070
201906 0.058 107.690 0.069
201909 0.059 107.611 0.070
201912 0.103 107.769 0.122
202003 0.094 107.927 0.111
202006 0.120 108.401 0.141
202009 0.121 108.164 0.143
202012 0.125 108.559 0.147
202103 0.000 110.298 0.000
202106 0.195 111.720 0.223
202109 0.186 112.905 0.210
202112 0.184 113.774 0.206
202203 0.183 117.646 0.198
202206 0.177 120.806 0.187
202209 0.175 120.648 0.185
202212 0.176 120.964 0.186
202303 0.172 122.702 0.179
202306 0.175 124.203 0.180
202309 0.143 125.230 0.146
202403 0.163 126.258 0.165
202406 0.158 127.522 0.158

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.


Westhaven Gold  (OTCPK:WTHVF) 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.


Westhaven Gold Cyclically Adjusted PB Ratio Related Terms

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


Westhaven Gold Business Description

Traded in Other Exchanges
Address
1056-409 Granville Street, Vancouver, BC, CAN, V6C 1T2
Westhaven Gold Corp is a Canada based exploration company. It is engaged the acquisition and exploration and evaluation activities. The company's properties include the Shovelnose gold property, Prospect valley gold property, Skoonka creek property and Skoonka north gold property.

Westhaven Gold Headlines

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