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Bushveld Minerals (LSE:BMN) Cyclically Adjusted PB Ratio : 0.04 (As of Jun. 05, 2024)


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What is Bushveld Minerals Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Bushveld Minerals's current share price is £0.0065. Bushveld Minerals's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was £0.15. Bushveld Minerals's Cyclically Adjusted PB Ratio for today is 0.04.

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

LSE:BMN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.36   Max: 1.53
Current: 0.06

During the past 12 years, Bushveld Minerals's highest Cyclically Adjusted PB Ratio was 1.53. The lowest was 0.03. And the median was 0.36.

LSE:BMN's Cyclically Adjusted PB Ratio is ranked better than
94.65% of 1625 companies
in the Metals & Mining industry
Industry Median: 0.88 vs LSE:BMN: 0.06

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.

Bushveld Minerals's adjusted book value per share data of for the fiscal year that ended in Dec22 was £0.044. 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 £0.15 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bushveld Minerals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bushveld Minerals'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.

Bushveld Minerals Cyclically Adjusted PB Ratio Chart

Bushveld Minerals Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.32 0.69 0.33

Bushveld Minerals Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 0.69 - 0.33 -

Competitive Comparison of Bushveld Minerals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Bushveld Minerals'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.


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

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

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



Bushveld Minerals 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.

Bushveld Minerals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0065/0.15
=0.04

* 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.

Bushveld Minerals's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Bushveld Minerals's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.044/145.1558*145.1558
=0.044

Current CPI (Dec22) = 145.1558.

Bushveld Minerals Annual Data

Book Value per Share CPI Adj_Book
201302 0.186 88.291 0.306
201402 0.146 93.524 0.227
201502 0.122 97.339 0.182
201602 0.111 104.097 0.155
201702 0.085 110.855 0.111
201812 0.092 118.921 0.112
201912 0.121 123.717 0.142
202012 0.099 127.467 0.113
202112 0.071 135.029 0.076
202212 0.044 145.156 0.044

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.


Bushveld Minerals  (LSE:BMN) 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.


Bushveld Minerals Cyclically Adjusted PB Ratio Related Terms

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


Bushveld Minerals (LSE:BMN) Business Description

Traded in Other Exchanges
Address
9 Harries Road, Illovo, 2nd Floor, Building 3, Illovo Edge Office Park, Johannesburg, GT, ZAF, 2116
Bushveld Minerals Ltd is a low-cost, vertically integrated primary vanadium producer. Bushveld offers a compelling exposure to vanadium because it operates across both the upstream and downstream value chains through Bushveld Vanadium and Bushveld Energy. The company participates in the entire vanadium value chain through its three main pillars: vanadium mining and production, which consists of the Vametco and Vanchem operations; energy and mineral exploration activities for vanadium and coal exploration (together "Exploration"). Activities take place in South Africa (iron ore, vanadium and energy), Madagascar (coal), other African countries (energy project development) and global (battery investment, vanadium sales).

Bushveld Minerals (LSE:BMN) Headlines

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