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B2Gold (B2Gold) Cyclically Adjusted PS Ratio : 2.33 (As of Jul. 25, 2024)


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What is B2Gold Cyclically Adjusted PS Ratio?

As of today (2024-07-25), B2Gold's current share price is $2.94. B2Gold's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.26. B2Gold's Cyclically Adjusted PS Ratio for today is 2.33.

The historical rank and industry rank for B2Gold's Cyclically Adjusted PS Ratio or its related term are showing as below:

BTG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.99   Med: 4.33   Max: 9.18
Current: 2.4

During the past years, B2Gold's highest Cyclically Adjusted PS Ratio was 9.18. The lowest was 1.99. And the median was 4.33.

BTG's Cyclically Adjusted PS Ratio is ranked worse than
68.78% of 583 companies
in the Metals & Mining industry
Industry Median: 1.2 vs BTG: 2.40

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

B2Gold's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.353. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $1.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


B2Gold Cyclically Adjusted PS Ratio Historical Data

The historical data trend for B2Gold's Cyclically Adjusted PS 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.

B2Gold Cyclically Adjusted PS Ratio Chart

B2Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.61 6.39 3.82 3.17 2.51

B2Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 3.41 2.93 2.37 2.51 2.08

Competitive Comparison of B2Gold's Cyclically Adjusted PS Ratio

For the Gold subindustry, B2Gold's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


B2Gold's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, B2Gold's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where B2Gold's Cyclically Adjusted PS Ratio falls into.



B2Gold Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

B2Gold's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.94/1.26
=2.33

* 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.

B2Gold's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, B2Gold's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.353/126.2576*126.2576
=0.353

Current CPI (Mar. 2024) = 126.2576.

B2Gold Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.178 99.473 0.226
201409 0.164 99.394 0.208
201412 0.134 98.367 0.172
201503 0.141 99.789 0.178
201506 0.148 100.500 0.186
201509 0.151 100.421 0.190
201512 0.150 99.947 0.189
201603 0.155 101.054 0.194
201606 0.177 102.002 0.219
201609 0.199 101.765 0.247
201612 0.185 101.449 0.230
201703 0.151 102.634 0.186
201706 0.155 103.029 0.190
201709 0.146 103.345 0.178
201712 0.175 103.345 0.214
201803 0.324 105.004 0.390
201806 0.228 105.557 0.273
201809 0.280 105.636 0.335
201812 0.231 105.399 0.277
201903 0.260 106.979 0.307
201906 0.263 107.690 0.308
201909 0.301 107.611 0.353
201912 0.303 107.769 0.355
202003 0.363 107.927 0.425
202006 0.418 108.401 0.487
202009 0.458 108.164 0.535
202012 0.453 108.559 0.527
202103 0.341 110.298 0.390
202106 0.341 111.720 0.385
202109 0.482 112.905 0.539
202112 0.496 113.774 0.550
202203 0.344 117.646 0.369
202206 0.358 120.806 0.374
202209 0.369 120.648 0.386
202212 0.548 120.964 0.572
202303 0.438 122.702 0.451
202306 0.374 124.203 0.380
202309 0.368 125.230 0.371
202312 0.391 125.072 0.395
202403 0.353 126.258 0.353

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


B2Gold  (AMEX:BTG) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


B2Gold Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of B2Gold's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


B2Gold (B2Gold) Business Description

Address
666 Burrard Street, Park Place, Suite 3400, Vancouver, BC, CAN, V6C 2X8
B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into a global market. The company's reportable operating segments include its mining operations and development projects, namely Fekola; Masbate; Otjikoto; other mineral properties; and corporate and other. It generates maximum revenue from the Fekola mine segment in Mali.