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Panoro Minerals (Panoro Minerals) Cyclically Adjusted PB Ratio : 0.43 (As of May. 26, 2024)


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What is Panoro Minerals Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Panoro Minerals's current share price is $0.082. Panoro Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.19. Panoro Minerals's Cyclically Adjusted PB Ratio for today is 0.43.

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

POROF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.45
Current: 0.43

During the past years, Panoro Minerals's highest Cyclically Adjusted PB Ratio was 0.45. The lowest was 0.00. And the median was 0.00.

POROF's Cyclically Adjusted PB Ratio is ranked better than
67.99% of 1618 companies
in the Metals & Mining industry
Industry Median: 0.89 vs POROF: 0.43

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.

Panoro Minerals's adjusted book value per share data for the three months ended in Dec. 2023 was $0.145. 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 $0.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Panoro Minerals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Panoro 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.

Panoro Minerals Cyclically Adjusted PB Ratio Chart

Panoro Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.54 0.49 0.44 0.43

Panoro Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.44 0.40 0.47 0.41 0.43

Competitive Comparison of Panoro Minerals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Panoro 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.


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

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

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



Panoro 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.082/0.19
=0.43

* 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.

Panoro Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Panoro Minerals's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.145/125.0724*125.0724
=0.145

Current CPI (Dec. 2023) = 125.0724.

Panoro Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.297 98.604 0.377
201406 0.304 99.473 0.382
201409 0.292 99.394 0.367
201412 0.278 98.367 0.353
201503 0.252 99.789 0.316
201506 0.255 100.500 0.317
201509 0.234 100.421 0.291
201512 0.218 99.947 0.273
201603 0.231 101.054 0.286
201606 0.230 102.002 0.282
201609 0.212 101.765 0.261
201612 0.205 101.449 0.253
201703 0.205 102.634 0.250
201706 0.208 103.029 0.253
201709 0.216 103.345 0.261
201712 0.218 103.345 0.264
201803 0.210 105.004 0.250
201806 0.204 105.557 0.242
201809 0.205 105.636 0.243
201812 0.192 105.399 0.228
201903 0.196 106.979 0.229
201906 0.186 107.690 0.216
201909 0.183 107.611 0.213
201912 0.185 107.769 0.215
202003 0.166 107.927 0.192
202006 0.179 108.401 0.207
202009 0.180 108.164 0.208
202012 0.187 108.559 0.215
202103 0.188 110.298 0.213
202106 0.178 111.720 0.199
202109 0.170 112.905 0.188
202112 0.153 113.774 0.168
202203 0.170 117.646 0.181
202206 0.161 120.806 0.167
202209 0.149 120.648 0.154
202212 0.151 120.964 0.156
202303 0.149 122.702 0.152
202306 0.149 124.203 0.150
202309 0.145 125.230 0.145
202312 0.145 125.072 0.145

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.


Panoro Minerals  (OTCPK:POROF) 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.


Panoro Minerals Cyclically Adjusted PB Ratio Related Terms

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Panoro Minerals (Panoro Minerals) Business Description

Traded in Other Exchanges
Address
505 Burrard Street, Suite 480, One Bentall Centre, Vancouver, BC, CAN, V7X 1M3
Panoro Minerals Ltd is a Canada-based exploration stage company engaged in the exploration and acquisition of mineral properties. The organization has one operating segment, Mineral exploration. The company's projects include Antilla, Cotabambas, and others. All of the company's exploration and evaluation assets are located in Peru.

Panoro Minerals (Panoro Minerals) Headlines