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Aya Gold & Silver (TSX:AYA) Cyclically Adjusted PB Ratio : 15.05 (As of Jun. 07, 2024)


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What is Aya Gold & Silver Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Aya Gold & Silver's current share price is C$15.05. Aya Gold & Silver's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$1.00. Aya Gold & Silver's Cyclically Adjusted PB Ratio for today is 15.05.

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

TSX:AYA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.49   Med: 10.05   Max: 19.05
Current: 14.5

During the past years, Aya Gold & Silver's highest Cyclically Adjusted PB Ratio was 19.05. The lowest was 1.49. And the median was 10.05.

TSX:AYA's Cyclically Adjusted PB Ratio is ranked worse than
97.24% of 1632 companies
in the Metals & Mining industry
Industry Median: 0.87 vs TSX:AYA: 14.50

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.

Aya Gold & Silver's adjusted book value per share data for the three months ended in Mar. 2024 was C$2.795. 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$1.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aya Gold & Silver Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aya Gold & 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.

Aya Gold & Silver Cyclically Adjusted PB Ratio Chart

Aya Gold & Silver 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 3.55 6.87 14.98 11.90 10.33

Aya Gold & Silver Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 13.51 9.95 8.10 10.33 11.68

Competitive Comparison of Aya Gold & Silver's Cyclically Adjusted PB Ratio

For the Silver subindustry, Aya Gold & 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.


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

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

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



Aya Gold & 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.

Aya Gold & Silver's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.05/1
=15.05

* 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.

Aya Gold & Silver's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Aya Gold & Silver's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.795/126.2576*126.2576
=2.795

Current CPI (Mar. 2024) = 126.2576.

Aya Gold & Silver Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.582 99.473 0.739
201409 0.562 99.394 0.714
201412 0.209 98.367 0.268
201503 0.190 99.789 0.240
201506 0.158 100.500 0.198
201509 0.317 100.421 0.399
201512 0.283 99.947 0.357
201603 0.321 101.054 0.401
201606 0.283 102.002 0.350
201609 0.281 101.765 0.349
201612 0.252 101.449 0.314
201703 0.253 102.634 0.311
201706 0.242 103.029 0.297
201709 0.232 103.345 0.283
201712 0.329 103.345 0.402
201803 0.363 105.004 0.436
201806 0.683 105.557 0.817
201809 0.682 105.636 0.815
201812 0.672 105.399 0.805
201903 0.697 106.979 0.823
201906 0.717 107.690 0.841
201909 0.710 107.611 0.833
201912 0.670 107.769 0.785
202003 0.643 107.927 0.752
202006 0.639 108.401 0.744
202009 0.808 108.164 0.943
202012 0.848 108.559 0.986
202103 0.915 110.298 1.047
202106 0.998 111.720 1.128
202109 1.602 112.905 1.791
202112 1.623 113.774 1.801
202203 1.608 117.646 1.726
202206 1.585 120.806 1.657
202209 1.566 120.648 1.639
202212 1.626 120.964 1.697
202303 2.249 122.702 2.314
202306 2.294 124.203 2.332
202309 2.328 125.230 2.347
202312 2.420 125.072 2.443
202403 2.795 126.258 2.795

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.


Aya Gold & Silver  (TSX:AYA) 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.


Aya Gold & Silver Cyclically Adjusted PB Ratio Related Terms

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


Aya Gold & Silver (TSX:AYA) Business Description

Traded in Other Exchanges
Address
1320 Boulevard Graham, Suite 132, Mont-Royal, QC, CAN, H3P 3C8
Aya Gold & Silver Inc is engaged in acquisition, exploration, evaluation, and development of mining properties. The company and its subsidiaries are at the development stage for its Zgounder project and exploration and evaluation stage for projects in Morocco. Its other project includes Boumadine; Amizmiz; Azegour and others.
Executives
Alex Ball Senior Officer

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