GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Centerra Gold Inc (LTS:0UP5) » Definitions » Cyclically Adjusted PB Ratio

Centerra Gold (LTS:0UP5) Cyclically Adjusted PB Ratio : 0.91 (As of Oct. 09, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Centerra Gold Cyclically Adjusted PB Ratio?

As of today (2024-10-09), Centerra Gold's current share price is C$9.8353. Centerra Gold's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was C$10.80. Centerra Gold's Cyclically Adjusted PB Ratio for today is 0.91.

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

LTS:0UP5' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.11   Max: 2.21
Current: 0.88

During the past years, Centerra Gold's highest Cyclically Adjusted PB Ratio was 2.21. The lowest was 0.59. And the median was 1.11.

LTS:0UP5's Cyclically Adjusted PB Ratio is ranked worse than
52.94% of 1564 companies
in the Metals & Mining industry
Industry Median: 0.815 vs LTS:0UP5: 0.88

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.

Centerra Gold's adjusted book value per share data for the three months ended in Jun. 2024 was C$11.142. 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$10.80 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Centerra Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Centerra 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.

Centerra Gold Cyclically Adjusted PB Ratio Chart

Centerra Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 1.75 1.09 0.72 0.76

Centerra Gold Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 0.78 0.64 0.76 0.76 0.86

Competitive Comparison of Centerra Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Centerra 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.


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

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

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



Centerra 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.8353/10.8
=0.91

* 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.

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

For example, Centerra 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)
=11.142/127.5217*127.5217
=11.142

Current CPI (Jun. 2024) = 127.5217.

Centerra Gold Quarterly Data

Book Value per Share CPI Adj_Book
201409 6.603 99.394 8.472
201412 6.823 98.367 8.845
201503 7.645 99.789 9.770
201506 7.569 100.500 9.604
201509 7.983 100.421 10.137
201512 8.190 99.947 10.450
201603 7.935 101.054 10.013
201606 7.714 102.002 9.644
201609 8.165 101.765 10.232
201612 8.354 101.449 10.501
201703 8.648 102.634 10.745
201706 8.694 103.029 10.761
201709 8.004 103.345 9.876
201712 8.864 103.345 10.938
201803 9.047 105.004 10.987
201806 9.413 105.557 11.372
201809 9.391 105.636 11.337
201812 9.884 105.399 11.959
201903 10.066 106.979 11.999
201906 10.171 107.690 12.044
201909 9.364 107.611 11.097
201912 9.263 107.769 10.961
202003 9.828 107.927 11.612
202006 9.906 108.401 11.653
202009 10.604 108.164 12.502
202012 10.678 108.559 12.543
202103 11.123 110.298 12.860
202106 7.256 111.720 8.282
202109 7.613 112.905 8.599
202112 8.806 113.774 9.870
202203 9.029 117.646 9.787
202206 9.120 120.806 9.627
202209 11.888 120.648 12.565
202212 11.259 120.964 11.869
202303 10.786 122.702 11.210
202306 10.221 124.203 10.494
202309 10.748 125.230 10.945
202312 10.423 125.072 10.627
202403 10.848 126.258 10.957
202406 11.142 127.522 11.142

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.


Centerra Gold  (LTS:0UP5) 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.


Centerra Gold Cyclically Adjusted PB Ratio Related Terms

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


Centerra Gold Business Description

Traded in Other Exchanges
Address
1 University Avenue, Suite 1500, Toronto, ON, CAN, M5J 2P1
Centerra Gold Inc a gold mining and exploration company engaged in the operation, exploration, development, and acquisition of gold properties in Asia, North America, and other markets worldwide. The company manages its reportable operating segments by a combination of geographic location and products. The Kyrgyz Republic segment includes the operations of the Kumtor Gold Project. The Turkish segment represents the development of the OksUt Project. The North America Gold- Copper segment represents the operations of the Mount Milligan Mine. The North America Molybdenum segment includes the operations of the Langeloth processing facility and the care and maintenance activities of the Endako and Thompson Creek Mines.

Centerra Gold Headlines

No Headlines