GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gatos Silver Inc (TSX:GATO) » Definitions » Cyclically Adjusted PB Ratio

Gatos Silver (TSX:GATO) Cyclically Adjusted PB Ratio : 4.74 (As of Nov. 07, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Gatos Silver Cyclically Adjusted PB Ratio?

As of today (2024-11-07), Gatos Silver's current share price is C$23.09. Gatos Silver's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was C$4.87. Gatos Silver's Cyclically Adjusted PB Ratio for today is 4.74.

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

TSX:GATO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 5.4
Current: 4.48

During the past 12 years, Gatos Silver's highest Cyclically Adjusted PB Ratio was 5.40. The lowest was 0.00. And the median was 0.00.

TSX:GATO's Cyclically Adjusted PB Ratio is ranked worse than
88.55% of 1563 companies
in the Metals & Mining industry
Industry Median: 0.88 vs TSX:GATO: 4.48

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.

Gatos Silver's adjusted book value per share data of for the fiscal year that ended in Dec23 was C$7.128. 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$4.87 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gatos Silver Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gatos 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.

Gatos Silver Cyclically Adjusted PB Ratio Chart

Gatos Silver Annual Data
Trend Dec10 Dec11 Dec12 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.51 1.21 1.77

Gatos Silver 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 - - 1.77 - -

Competitive Comparison of Gatos Silver's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Gatos 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.


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

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

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



Gatos 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.

Gatos Silver's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.09/4.87
=4.74

* 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.

Gatos Silver's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Gatos Silver's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=7.128/125.0724*125.0724
=7.128

Current CPI (Dec23) = 125.0724.

Gatos Silver Annual Data

Book Value per Share CPI Adj_Book
201012 0.029 92.836 0.039
201112 2.914 94.970 3.838
201212 1.856 95.760 2.424
201712 0.000 103.345 0.000
201812 3.501 105.399 4.154
201912 3.506 107.769 4.069
202012 5.657 108.559 6.517
202112 6.130 113.774 6.739
202212 6.845 120.964 7.077
202312 7.128 125.072 7.128

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.


Gatos Silver  (TSX:GATO) 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.


Gatos Silver Cyclically Adjusted PB Ratio Related Terms

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


Gatos Silver Business Description

Traded in Other Exchanges
Address
925 West Georgia Street, Suite 910, Vancouver, BC, CAN, V6C 3L2
Gatos Silver Inc is a development and exploration company. It is focused on the production of Cerro Los Gatos Mine and the further exploration and development of the Los Gatos District, both located in Chihuahua, Mexico. The Los Gatos District consists of 14 mineralized zones, including three identified silver-lead-zinc deposits: the Cerro Los Gatos Mine, the Esther deposit, and the Amapola deposit. The Company's reportable segments are based on the Company's mineral interests and management structure and include Mexico and Corporate segments. The Mexico segment engages in the exploration, development, and operation of the Company's Mexican mineral interests and includes the Company's investment in its LGJV.