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Franklin Mining (Franklin Mining) Cyclically Adjusted PB Ratio : (As of May. 17, 2024)


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What is Franklin Mining Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Franklin Mining Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Franklin Mining'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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Franklin Mining Cyclically Adjusted PB Ratio Chart

Franklin Mining Annual Data
Trend Dec92 Dec93 Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01
Cyclically Adjusted PB Ratio
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Franklin Mining Quarterly Data
Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02
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Competitive Comparison of Franklin Mining's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Franklin Mining'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.


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

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

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



Franklin Mining 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.

Franklin Mining's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2002 is calculated as:

For example, Franklin Mining's adjusted Book Value per Share data for the three months ended in Sep. 2002 was:

Adj_Book=Book Value per Share/CPI of Sep. 2002 (Change)*Current CPI (Sep. 2002)
=-3916.667/76.3658*76.3658
=-3,916.667

Current CPI (Sep. 2002) = 76.3658.

Franklin Mining Quarterly Data

Book Value per Share CPI Adj_Book
199212 0.000 59.869 0.000
199303 0.000 60.586 0.000
199306 0.000 60.924 0.000
199309 0.000 61.219 0.000
199312 0.000 61.515 0.000
199403 0.000 62.105 0.000
199406 0.000 62.443 0.000
199409 0.000 63.034 0.000
199412 0.000 63.160 0.000
199503 0.000 63.877 0.000
199506 0.000 64.341 0.000
199509 0.000 64.637 0.000
199512 0.000 64.763 0.000
199603 0.000 65.692 0.000
199606 0.000 66.113 0.000
199609 0.000 66.578 0.000
199612 0.000 66.915 0.000
199703 0.000 67.506 0.000
199706 0.000 67.632 0.000
199709 0.000 68.012 0.000
199712 0.000 68.054 0.000
199803 0.000 68.434 0.000
199806 0.000 68.771 0.000
199809 0.000 69.025 0.000
199812 0.000 69.151 0.000
199903 0.000 69.615 0.000
199906 0.000 70.122 0.000
199909 0.000 70.839 0.000
199912 0.000 71.008 0.000
200003 0.000 72.231 0.000
200006 0.000 72.737 0.000
200009 0.000 73.286 0.000
200012 0.000 73.413 0.000
200103 0.000 74.341 0.000
200106 0.000 75.100 0.000
200109 0.000 75.227 0.000
200112 -3,789.394 74.552 -3,881.608
200203 -3,854.545 75.438 -3,901.972
200206 -3,881.818 75.902 -3,905.553
200209 -3,916.667 76.366 -3,916.667

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.


Franklin Mining  (OTCPK:FMNJ) 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.


Franklin Mining Cyclically Adjusted PB Ratio Related Terms

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Franklin Mining (Franklin Mining) Business Description

Traded in Other Exchanges
N/A
Address
215 west Bandera Road, Suite 114-459, Boerne, TX, USA, 78006
Franklin Mining Inc is engaged in the exploration, development, and mining of precious and non-ferrous metals, including gold, silver, lead, copper, and zinc. Its principal mining properties are Franklin Mines, located near Idaho Springs in clear creek country, Colorado, and the Franklin Mill, located on the site of Franklin Mines.

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