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DFR Gold (TSXV:DFR) Cyclically Adjusted PB Ratio : (As of May. 27, 2024)


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What is DFR Gold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


DFR Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DFR 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.

DFR Gold Cyclically Adjusted PB Ratio Chart

DFR Gold Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.33 - - - -

DFR Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of DFR Gold's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, DFR 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.


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

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

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



DFR 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.

DFR Gold's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, DFR Gold's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.031/129.4194*129.4194
=-0.031

Current CPI (Dec. 2023) = 129.4194.

DFR Gold Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.023 99.695 -0.030
201406 -0.028 100.560 -0.036
201409 -0.031 100.428 -0.040
201412 -0.026 99.070 -0.034
201503 -0.030 99.621 -0.039
201506 -0.036 100.684 -0.046
201509 -0.042 100.392 -0.054
201512 -0.048 99.792 -0.062
201603 -0.028 100.470 -0.036
201606 -0.032 101.688 -0.041
201609 -0.016 101.861 -0.020
201612 -0.021 101.863 -0.027
201703 -0.024 102.862 -0.030
201706 -0.055 103.349 -0.069
201709 -0.056 104.136 -0.070
201712 -0.032 104.011 -0.040
201803 -0.038 105.290 -0.047
201806 0.013 106.317 0.016
201809 0.015 106.507 0.018
201812 0.009 105.998 0.011
201903 0.019 107.251 0.023
201906 0.013 108.070 0.016
201909 0.001 108.329 0.001
201912 0.000 108.420 0.000
202003 0.006 108.902 0.007
202006 -0.008 108.767 -0.010
202009 -0.005 109.815 -0.006
202012 -0.011 109.897 -0.013
202103 -0.052 111.754 -0.060
202106 -0.030 114.631 -0.034
202109 0.003 115.734 0.003
202112 -0.001 117.630 -0.001
202203 -0.009 121.301 -0.010
202206 0.000 125.017 0.000
202209 -0.006 125.227 -0.006
202212 -0.008 125.222 -0.008
202303 -0.015 127.348 -0.015
202306 -0.024 128.729 -0.024
202309 -0.029 129.860 -0.029
202312 -0.031 129.419 -0.031

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.


DFR Gold  (TSXV:DFR) 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.


DFR Gold Cyclically Adjusted PB Ratio Related Terms

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


DFR Gold (TSXV:DFR) Business Description

Traded in Other Exchanges
Address
Le Mahe, Lot 223, Beau Vallon, MUS, 50810
DFR Gold Inc is a mineral exploration company engaged in the exploration and evaluation of mineral properties in Namibia, Madagascar, and worldwide. It is engaged in the development of the Namibia Diamond project, Madagascar Zircon project, Atlantis II Red Sea project, and Other projects.

DFR Gold (TSXV:DFR) Headlines

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