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B2Gold (MEX:BTG) Cyclically Adjusted Revenue per Share : MXN27.29 (As of Mar. 2025)


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What is B2Gold Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Mar. 2025 was MXN7.409. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN27.29 for the trailing ten years ended in Mar. 2025.

During the past 12 months, B2Gold's average Cyclically Adjusted Revenue Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 14.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of B2Gold was 18.10% per year. The lowest was 11.70% per year. And the median was 16.40% per year.

As of today (2025-05-25), B2Gold's current stock price is MXN57.00. B2Gold's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was MXN27.29. B2Gold's Cyclically Adjusted PS Ratio of today is 2.09.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of B2Gold was 9.18. The lowest was 1.90. And the median was 4.17.


B2Gold Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for B2Gold's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

B2Gold Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 20.66 25.01 24.46 26.53

B2Gold Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Revenue per Share 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 19.75 23.90 22.95 26.53 27.29

Competitive Comparison of B2Gold's Cyclically Adjusted Revenue per Share

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.


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B2Gold Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, B2Gold's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.409/129.1809*129.1809
=7.409

Current CPI (Mar. 2025) = 129.1809.

B2Gold Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 2.320 100.500 2.982
201509 2.546 100.421 3.275
201512 2.586 99.947 3.342
201603 2.668 101.054 3.411
201606 3.276 102.002 4.149
201609 3.844 101.765 4.880
201612 3.822 101.449 4.867
201703 2.838 102.634 3.572
201706 2.807 103.029 3.520
201709 2.643 103.345 3.304
201712 3.442 103.345 4.303
201803 5.881 105.004 7.235
201806 4.476 105.557 5.478
201809 5.242 105.636 6.410
201812 4.544 105.399 5.569
201903 5.043 106.979 6.090
201906 5.050 107.690 6.058
201909 5.949 107.611 7.141
201912 5.711 107.769 6.846
202003 8.509 107.927 10.185
202006 9.638 108.401 11.486
202009 10.116 108.164 12.082
202012 9.013 108.559 10.725
202103 6.973 110.298 8.167
202106 6.855 111.720 7.926
202109 9.903 112.905 11.331
202112 10.173 113.774 11.551
202203 6.851 117.646 7.523
202206 7.194 120.806 7.693
202209 7.419 120.648 7.944
202212 10.688 120.964 11.414
202303 7.896 122.702 8.313
202306 6.418 124.203 6.675
202309 6.417 125.230 6.619
202312 6.636 125.072 6.854
202403 5.856 126.258 5.992
202406 6.903 127.522 6.993
202409 6.732 127.285 6.832
202412 7.933 127.364 8.046
202503 7.409 129.181 7.409

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


B2Gold  (MEX:BTG) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=57.00/27.29
=2.09

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of B2Gold was 9.18. The lowest was 1.90. And the median was 4.17.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


B2Gold Cyclically Adjusted Revenue per Share Related Terms

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


B2Gold Business Description

Industry
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 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 various markets. The company's reportable operating segments include its mining operations and development projects, namely Fekola; Masbate; Otjikoto; the Goose Project, and other mineral properties; and corporate and other.