GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » QMC Quantum Minerals Corp (OTCPK:QMCQF) » Definitions » Cyclically Adjusted PB Ratio

QMC Quantum Minerals (QMC Quantum Minerals) Cyclically Adjusted PB Ratio : 1.62 (As of Jun. 10, 2024)


View and export this data going back to 2012. Start your Free Trial

What is QMC Quantum Minerals Cyclically Adjusted PB Ratio?

As of today (2024-06-10), QMC Quantum Minerals's current share price is $0.0646. QMC Quantum Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $0.04. QMC Quantum Minerals's Cyclically Adjusted PB Ratio for today is 1.62.

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

QMCQF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.1
Current: 1.39

During the past years, QMC Quantum Minerals's highest Cyclically Adjusted PB Ratio was 2.10. The lowest was 0.00. And the median was 0.00.

QMCQF's Cyclically Adjusted PB Ratio is ranked worse than
63.36% of 1635 companies
in the Metals & Mining industry
Industry Median: 0.86 vs QMCQF: 1.39

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.

QMC Quantum Minerals's adjusted book value per share data for the three months ended in Feb. 2024 was $0.027. 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 $0.04 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


QMC Quantum Minerals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for QMC Quantum 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.

QMC Quantum Minerals Cyclically Adjusted PB Ratio Chart

QMC Quantum Minerals Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 2.12 4.09 2.73 2.22

QMC Quantum Minerals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3.66 2.91 2.22 1.52 1.22

Competitive Comparison of QMC Quantum Minerals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, QMC Quantum 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.


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

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

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



QMC Quantum 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0646/0.04
=1.62

* 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.

QMC Quantum Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, QMC Quantum Minerals's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.027/125.4675*125.4675
=0.027

Current CPI (Feb. 2024) = 125.4675.

QMC Quantum Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.071 99.394 0.090
201408 0.069 99.315 0.087
201411 0.065 99.078 0.082
201502 0.058 99.078 0.073
201505 0.058 100.263 0.073
201508 0.053 100.579 0.066
201511 0.051 100.421 0.064
201602 0.055 100.421 0.069
201605 0.058 101.765 0.072
201608 0.023 101.686 0.028
201611 0.022 101.607 0.027
201702 0.021 102.476 0.026
201705 0.029 103.108 0.035
201708 0.025 103.108 0.030
201711 0.040 103.740 0.048
201802 0.058 104.688 0.070
201805 0.050 105.399 0.060
201808 0.044 106.031 0.052
201811 0.043 105.478 0.051
201902 0.038 106.268 0.045
201905 0.037 107.927 0.043
201908 0.034 108.085 0.039
201911 0.033 107.769 0.038
202002 0.031 108.559 0.036
202005 0.028 107.532 0.033
202008 0.030 108.243 0.035
202011 0.030 108.796 0.035
202102 0.025 109.745 0.029
202105 0.036 111.404 0.041
202108 0.032 112.668 0.036
202111 0.031 113.932 0.034
202202 0.030 115.986 0.032
202205 0.029 120.016 0.030
202208 0.029 120.569 0.030
202211 0.027 121.675 0.028
202302 0.028 122.070 0.029
202305 0.027 124.045 0.027
202308 0.027 125.389 0.027
202311 0.026 125.468 0.026
202402 0.027 125.468 0.027

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.


QMC Quantum Minerals  (OTCPK:QMCQF) 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.


QMC Quantum Minerals Cyclically Adjusted PB Ratio Related Terms

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


QMC Quantum Minerals (QMC Quantum Minerals) Business Description

Traded in Other Exchanges
Address
755 Burrard Street, Suite 440, Vancouver, BC, CAN, V6Z 1X6
QMC Quantum Minerals Corp is a company engaged in the acquisition, exploration and development of resource properties. Its objective is to acquire, locate and develop economic deposits within the company's precious, base, rare metal resource properties of merit. The company's properties include the Irgon Lithium Mine Project, the Rocky Lake property, Rocky-Namew and Namew Lake properties.

QMC Quantum Minerals (QMC Quantum Minerals) Headlines

From GuruFocus

QMC Work Program Update Rocky Lake Gold-Copper-Zinc Project

By PRNewswire PRNewswire 10-06-2020

QMC Drills 2,300 Metres at Irgon Lithium Mine Project

By Marketwired Marketwired 04-16-2019

QMC Samples Over 4.15% Lithium Li2O

By Marketwired Marketwired 10-10-2018

QMC Identifies 1,000 PPM Li In Significant Soil Anomaly

By PRNewswire PRNewswire 05-04-2021

QMC Completes Private Placement

By PRNewswire PRNewswire 10-20-2020

QMC Reports Historic Assays to 2.3% Li2O Over 7.3 Feet

By PRNewswire PRNewswire 05-09-2018

QMC'S Namew Lake District Similar To Lalor Mine

By PRNewswire PRNewswire 11-03-2020