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BTU Metals (BTU Metals) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is BTU Metals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


BTU Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BTU Metals'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.

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BTU Metals Cyclically Adjusted PB Ratio Chart

BTU Metals Annual Data
Trend Apr12 Apr13 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Cyclically Adjusted PB Ratio
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BTU Metals Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul23 Oct23 Jan24
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Competitive Comparison of BTU Metals's Cyclically Adjusted PB Ratio

For the Gold subindustry, BTU Metals'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.


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

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

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



BTU Metals 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.

BTU Metals's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, BTU Metals's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.041/125.0724*125.0724
=0.041

Current CPI (Jan. 2024) = 125.0724.

BTU Metals Quarterly Data

Book Value per Share CPI Adj_Book
201304 -0.078 96.945 -0.101
201307 -0.080 97.261 -0.103
201310 -0.085 97.182 -0.109
201401 -0.086 97.261 -0.111
201501 0.000 98.209 0.000
201504 -0.118 99.710 -0.148
201507 0.000 100.579 0.000
201510 0.000 100.500 0.000
201601 -0.109 100.184 -0.136
201604 -0.125 101.370 -0.154
201607 -0.125 101.844 -0.154
201610 -0.126 102.002 -0.154
201701 -0.107 102.318 -0.131
201704 -0.121 103.029 -0.147
201707 0.004 103.029 0.005
201710 0.023 103.424 0.028
201801 0.020 104.056 0.024
201804 0.024 105.320 0.029
201807 0.024 106.110 0.028
201810 0.022 105.952 0.026
201901 0.023 105.557 0.027
201904 0.029 107.453 0.034
201907 0.041 108.243 0.047
201910 0.040 107.927 0.046
202001 0.062 108.085 0.072
202004 0.064 107.216 0.075
202007 0.068 108.401 0.078
202010 0.077 108.638 0.089
202101 0.079 109.192 0.090
202104 0.074 110.851 0.083
202107 0.074 112.431 0.082
202110 0.073 113.695 0.080
202201 0.071 114.801 0.077
202204 0.071 118.357 0.075
202207 0.000 120.964 0.000
202210 0.064 121.517 0.066
202301 0.065 121.596 0.067
202307 0.043 124.914 0.043
202310 0.040 125.310 0.040
202401 0.041 125.072 0.041

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.


BTU Metals  (OTCPK:BTUMF) 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.


BTU Metals Cyclically Adjusted PB Ratio Related Terms

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BTU Metals (BTU Metals) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2
BTU Metals Corp is a Canadian-based company engaged in the identifying, acquisition, and exploration of mineral property. Its Projects include Galway Gold Property, Dixie Halo East Project, Dixie Halo South Project, Dixie Halo Southeast Project, Dixie Halo Southeast Extension Project, and others.

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