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Josemaria Resources (FRA:6CGA) Cyclically Adjusted PB Ratio : (As of May. 19, 2024)


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What is Josemaria Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Josemaria Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Josemaria Resources'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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Josemaria Resources Cyclically Adjusted PB Ratio Chart

Josemaria Resources Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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Josemaria Resources Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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Competitive Comparison of Josemaria Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Josemaria Resources'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.


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

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

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



Josemaria Resources 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.

Josemaria Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2021 is calculated as:

For example, Josemaria Resources's adjusted Book Value per Share data for the three months ended in Dec. 2021 was:

Adj_Book=Book Value per Share/CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=-0.004/113.7740*113.7740
=-0.004

Current CPI (Dec. 2021) = 113.7740.

Josemaria Resources Quarterly Data

Book Value per Share CPI Adj_Book
201203 0.190 96.155 0.225
201206 0.151 96.076 0.179
201209 0.142 96.392 0.168
201212 0.104 95.760 0.124
201303 0.170 97.103 0.199
201306 0.140 97.182 0.164
201309 0.124 97.419 0.145
201312 0.100 96.945 0.117
201403 0.058 98.604 0.067
201406 0.160 99.473 0.183
201409 0.157 99.394 0.180
201412 0.135 98.367 0.156
201503 0.096 99.789 0.109
201506 0.078 100.500 0.088
201509 0.065 100.421 0.074
201512 0.049 99.947 0.056
201603 0.067 101.054 0.075
201606 0.063 102.002 0.070
201609 0.027 101.765 0.030
201612 0.056 101.449 0.063
201703 0.045 102.634 0.050
201706 0.038 103.029 0.042
201709 0.034 103.345 0.037
201712 0.028 103.345 0.031
201803 0.049 105.004 0.053
201806 0.040 105.557 0.043
201809 0.049 105.636 0.053
201812 0.041 105.399 0.044
201903 0.051 106.979 0.054
201906 0.034 107.690 0.036
201909 -0.017 107.611 -0.018
201912 -0.045 107.769 -0.048
202003 -0.094 107.927 -0.099
202006 -0.099 108.401 -0.104
202009 -0.020 108.164 -0.021
202012 -0.026 108.559 -0.027
202103 -0.041 110.298 -0.042
202106 0.048 111.720 0.049
202109 0.034 112.905 0.034
202112 -0.004 113.774 -0.004

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.


Josemaria Resources  (FRA:6CGA) 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.


Josemaria Resources Cyclically Adjusted PB Ratio Related Terms

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Josemaria Resources (FRA:6CGA) Business Description

Traded in Other Exchanges
N/A
Address
885 West Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
Josemaria Resources Inc is engaged in the acquisition, exploration and development of mineral properties located in Argentina. It is focused on developing Josemaria Copper-Gold Project in the San Juan Province of Argentina. The company's primary reporting segments are based on the location of operations, being South America and Canada.

Josemaria Resources (FRA:6CGA) Headlines

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