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Electra Stone (Electra Stone) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is Electra Stone Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Electra Stone Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Electra Stone'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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Electra Stone Cyclically Adjusted PB Ratio Chart

Electra Stone Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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Electra Stone Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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Competitive Comparison of Electra Stone's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Electra Stone'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.


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

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

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



Electra Stone 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.

Electra Stone's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2017 is calculated as:

For example, Electra Stone's adjusted Book Value per Share data for the three months ended in Sep. 2017 was:

Adj_Book=Book Value per Share/CPI of Sep. 2017 (Change)*Current CPI (Sep. 2017)
=-0.006/103.3447*103.3447
=-0.006

Current CPI (Sep. 2017) = 103.3447.

Electra Stone Quarterly Data

Book Value per Share CPI Adj_Book
200712 0.307 88.491 0.359
200803 0.246 88.965 0.286
200806 0.261 91.177 0.296
200809 0.232 91.414 0.262
200812 0.173 89.518 0.200
200903 0.162 90.071 0.186
200906 0.132 90.940 0.150
200909 0.245 90.624 0.279
200912 0.012 90.703 0.014
201003 0.003 91.335 0.003
201006 -0.032 91.809 -0.036
201009 0.046 92.362 0.051
201012 0.005 92.836 0.006
201103 0.064 94.338 0.070
201106 0.049 94.654 0.053
201109 0.090 95.286 0.098
201112 0.058 94.970 0.063
201203 0.044 96.155 0.047
201206 0.026 96.076 0.028
201209 0.025 96.392 0.027
201212 -0.015 95.760 -0.016
201303 -0.019 97.103 -0.020
201306 -0.021 97.182 -0.022
201309 -0.011 97.419 -0.012
201312 -0.039 96.945 -0.042
201403 -0.034 98.604 -0.036
201406 -0.033 99.473 -0.034
201409 -0.048 99.394 -0.050
201412 -0.003 98.367 -0.003
201503 -0.004 99.789 -0.004
201506 0.010 100.500 0.010
201509 0.004 100.421 0.004
201512 -0.005 99.947 -0.005
201603 -0.004 101.054 -0.004
201606 0.000 102.002 0.000
201609 -0.002 101.765 -0.002
201612 -0.006 101.449 -0.006
201703 -0.006 102.634 -0.006
201706 -0.006 103.029 -0.006
201709 -0.006 103.345 -0.006

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.


Electra Stone  (OTCPK:ELCGF) 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.


Electra Stone Cyclically Adjusted PB Ratio Related Terms

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Electra Stone (Electra Stone) Business Description

Traded in Other Exchanges
N/A
Address
409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
Electra Stone Ltd is junior mining company based in Canada. It specializes in the development and exploration of industrial minerals and dimensional stone. The company is in the process of mining the Apple Bay aluminum silicate quarry located on Vancouver Island near Port Hardy, British Columbia. Electra operates through two segments being the Mining and Exploration of industrial mineral properties.

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