GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Americas Gold And Silver Corp (TSX:USA) » Definitions » Cyclically Adjusted PB Ratio

Americas Gold And Silver (TSX:USA) Cyclically Adjusted PB Ratio : 0.11 (As of Apr. 27, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Americas Gold And Silver Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Americas Gold And Silver's current share price is C$0.375. Americas Gold And Silver's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was C$3.37. Americas Gold And Silver's Cyclically Adjusted PB Ratio for today is 0.11.

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

TSX:USA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.42   Max: 0.91
Current: 0.11

During the past years, Americas Gold And Silver's highest Cyclically Adjusted PB Ratio was 0.91. The lowest was 0.08. And the median was 0.42.

TSX:USA's Cyclically Adjusted PB Ratio is ranked better than
89.19% of 1610 companies
in the Metals & Mining industry
Industry Median: 0.855 vs TSX:USA: 0.11

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.

Americas Gold And Silver's adjusted book value per share data for the three months ended in Sep. 2023 was C$0.403. 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 C$3.37 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Americas Gold And Silver Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Americas Gold And Silver'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.

Americas Gold And Silver Cyclically Adjusted PB Ratio Chart

Americas Gold And Silver 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 0.40 0.70 0.76 0.21 0.19

Americas Gold And Silver Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.14 0.19 0.17 0.13 0.14

Competitive Comparison of Americas Gold And Silver's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Americas Gold And Silver'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.


Americas Gold And Silver's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Americas Gold And Silver 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.

Americas Gold And Silver's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.375/3.37
=0.11

* 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.

Americas Gold And Silver's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Americas Gold And Silver's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.403/125.2304*125.2304
=0.403

Current CPI (Sep. 2023) = 125.2304.

Americas Gold And Silver Quarterly Data

Book Value per Share CPI Adj_Book
201312 8.707 96.945 11.247
201403 8.997 98.604 11.426
201406 8.692 99.473 10.943
201409 8.638 99.394 10.883
201412 3.514 98.367 4.474
201503 3.582 99.789 4.495
201506 3.496 100.500 4.356
201509 3.493 100.421 4.356
201512 3.073 99.947 3.850
201603 2.935 101.054 3.637
201606 2.813 102.002 3.454
201609 2.919 101.765 3.592
201612 2.940 101.449 3.629
201703 2.962 102.634 3.614
201706 2.969 103.029 3.609
201709 2.631 103.345 3.188
201712 2.710 103.345 3.284
201803 2.792 105.004 3.330
201806 2.899 105.557 3.439
201809 2.713 105.636 3.216
201812 2.606 105.399 3.096
201903 2.447 106.979 2.864
201906 2.274 107.690 2.644
201909 2.181 107.611 2.538
201912 1.920 107.769 2.231
202003 2.025 107.927 2.350
202006 1.896 108.401 2.190
202009 1.960 108.164 2.269
202012 1.842 108.559 2.125
202103 1.139 110.298 1.293
202106 1.007 111.720 1.129
202109 0.944 112.905 1.047
202112 0.721 113.774 0.794
202203 0.758 117.646 0.807
202206 0.731 120.806 0.758
202209 0.630 120.648 0.654
202212 0.540 120.964 0.559
202303 0.486 122.702 0.496
202306 0.437 124.203 0.441
202309 0.403 125.230 0.403

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.


Americas Gold And Silver  (TSX:USA) 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.


Americas Gold And Silver Cyclically Adjusted PB Ratio Related Terms

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


Americas Gold And Silver (TSX:USA) Business Description

Traded in Other Exchanges
Address
145 King Street West, Suite 2870, Toronto, ON, CAN, M5H 1J8
Americas Gold And Silver Corp is a mining company is engaged in the acquisition, exploration, development, and production of precious metals mineral properties in Mexico and the United States. The company's primary operating assets are The Cosala operations, The Galena Complex, and Relief Canyon. The company also holds interests in the San Felipe Development Project located in Sonora, Mexico.

Americas Gold And Silver (TSX:USA) Headlines

From GuruFocus

Liberty All-Star Equity Fund November 2022 Monthly Update

By PRNewswire PRNewswire 12-16-2022

Liberty All-Star Equity Fund January 2023 Monthly Update

By PRNewswire PRNewswire 02-22-2023

Liberty All Star Equity Fund's Dividend Analysis

By GuruFocus Research 01-17-2024

Liberty All-Star� Equity Fund Declares Distribution

By PRNewswire PRNewswire 11-07-2022

Liberty All-Star Equity Fund April 2023 Monthly Update

By PRNewswire PRNewswire 05-13-2023

Liberty All-Star Equity Fund March 2023 Monthly Update

By PRNewswire PRNewswire 04-14-2023

Liberty All-Star Equity Fund May 2023 Monthly Update

By PRNewswire PRNewswire 06-15-2023