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Japan Gold (TSXV:JG) Cyclically Adjusted PB Ratio : 1.25 (As of Apr. 28, 2025)


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What is Japan Gold Cyclically Adjusted PB Ratio?

As of today (2025-04-28), Japan Gold's current share price is C$0.125. Japan Gold's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was C$0.10. Japan Gold's Cyclically Adjusted PB Ratio for today is 1.25.

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

TSXV:JG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.21
Current: 1.21

During the past years, Japan Gold's highest Cyclically Adjusted PB Ratio was 1.21. The lowest was 0.00. And the median was 0.00.

TSXV:JG's Cyclically Adjusted PB Ratio is ranked worse than
56.39% of 1527 companies
in the Metals & Mining industry
Industry Median: 0.91 vs TSXV:JG: 1.21

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.

Japan Gold's adjusted book value per share data for the three months ended in Sep. 2024 was C$0.102. 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$0.10 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Japan 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.

Japan Gold Cyclically Adjusted PB Ratio Chart

Japan 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 3.36 4.09 3.36 2.72 0.87

Japan Gold Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.88 0.87 1.30 0.64 0.68

Competitive Comparison of Japan Gold's Cyclically Adjusted PB Ratio

For the Gold subindustry, Japan 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.


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

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

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


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Japan 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.125/0.10
=1.25

* 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.

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

For example, Japan Gold's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.102/127.2847*127.2847
=0.102

Current CPI (Sep. 2024) = 127.2847.

Japan Gold Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.025 98.367 0.032
201503 0.019 99.789 0.024
201506 0.013 100.500 0.016
201509 0.041 100.421 0.052
201512 0.033 99.947 0.042
201603 0.046 101.054 0.058
201606 0.041 102.002 0.051
201609 0.119 101.765 0.149
201612 0.098 101.449 0.123
201703 0.085 102.634 0.105
201706 0.063 103.029 0.078
201709 0.000 103.345 0.000
201712 0.099 103.345 0.122
201803 0.091 105.004 0.110
201806 0.076 105.557 0.092
201809 0.063 105.636 0.076
201812 0.092 105.399 0.111
201903 0.085 106.979 0.101
201906 0.077 107.690 0.091
201909 0.103 107.611 0.122
201912 0.095 107.769 0.112
202003 0.097 107.927 0.114
202006 0.118 108.401 0.139
202009 0.117 108.164 0.138
202012 0.111 108.559 0.130
202103 0.100 110.298 0.115
202106 0.131 111.720 0.149
202109 0.144 112.905 0.162
202112 0.139 113.774 0.156
202203 0.130 117.646 0.141
202206 0.121 120.806 0.127
202209 0.117 120.648 0.123
202212 0.121 120.964 0.127
202303 0.116 122.702 0.120
202306 0.000 124.203 0.000
202309 0.108 125.230 0.110
202312 0.109 125.072 0.111
202403 0.102 126.258 0.103
202406 0.096 127.522 0.096
202409 0.102 127.285 0.102

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.


Japan Gold  (TSXV:JG) 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.


Japan Gold Cyclically Adjusted PB Ratio Related Terms

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


Japan Gold Business Description

Traded in Other Exchanges
Address
669 Howe Street, Suite 650, Vancouver, BC, CAN, V6C 0B4
Japan Gold Corp is a mineral exploration company. It is engaged in gold and copper-gold exploration in Japan. Japan Gold's project portfolio consists of 31 projects on Japan's three largest islands, Hokkaido, Honshu, and Kyushu.
Executives
Ian Burney Director
John Graham Proust Director, Senior Officer
Vince Boon Senior Officer
Southern Arc Minerals Inc. 10% Security Holder
Andrew James Rowe Senior Officer