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Mongolia Energy (Mongolia Energy) Cyclically Adjusted PB Ratio : (As of Apr. 30, 2024)


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What is Mongolia Energy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mongolia Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mongolia Energy'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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Mongolia Energy Cyclically Adjusted PB Ratio Chart

Mongolia Energy Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.05 - - -

Mongolia Energy Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - - -

Competitive Comparison of Mongolia Energy's Cyclically Adjusted PB Ratio

For the Coking Coal subindustry, Mongolia Energy'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.


Mongolia Energy's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mongolia Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mongolia Energy 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.

Mongolia Energy's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Mongolia Energy's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=-14.686/115.4269*115.4269
=-14.686

Current CPI (Mar23) = 115.4269.

Mongolia Energy Annual Data

Book Value per Share CPI Adj_Book
201403 13.837 95.749 16.681
201503 -12.357 99.927 -14.274
201603 -13.533 102.785 -15.197
201703 -13.455 103.335 -15.030
201803 -13.728 105.973 -14.953
201903 -13.926 108.172 -14.860
202003 -14.449 110.920 -15.036
202103 -8.193 111.579 -8.476
202203 -9.215 113.558 -9.367
202303 -14.686 115.427 -14.686

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.


Mongolia Energy  (OTCPK:MOAEY) 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.


Mongolia Energy Cyclically Adjusted PB Ratio Related Terms

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Mongolia Energy (Mongolia Energy) Business Description

Traded in Other Exchanges
Address
118 Connaught Road West, 17th Floor, Hong Kong, HKG
Mongolia Energy Corp Ltd is an investment holding company. The company's principal business is coal mining and exploration which is operated by its indirect wholly-owned subsidiary in Mongolia. Its principal project is the Khushuut Coking Coal Project in Western Mongolia, it also has interest in the Gobi Altay and Olon Bulag project. The Khushuut Coal Mine is located approximately 1,350 km west of Ulaanbaatar in the Khovd Province of Western Mongolia. It is about 311 km from the Xinjiang Takeshiken border, connecting the Khushuut Road. The group is principally engaged in mining, processing and sale of coal in the PRC and Mongolia. Mongolia Energy derives all of its revenue from Coal mining. Geographically company derives a majority of its revenue from PRC.

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