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Talon Metals (Talon Metals) Cyclically Adjusted PB Ratio : 0.76 (As of Jun. 14, 2024)


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What is Talon Metals Cyclically Adjusted PB Ratio?

As of today (2024-06-14), Talon Metals's current share price is $0.122. Talon Metals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.16. Talon Metals's Cyclically Adjusted PB Ratio for today is 0.76.

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

TLOFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.31
Current: 0.77

During the past years, Talon Metals's highest Cyclically Adjusted PB Ratio was 1.31. The lowest was 0.00. And the median was 0.00.

TLOFF's Cyclically Adjusted PB Ratio is ranked better than
52.26% of 1636 companies
in the Metals & Mining industry
Industry Median: 0.84 vs TLOFF: 0.77

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.

Talon Metals's adjusted book value per share data for the three months ended in Dec. 2023 was $0.185. 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 $0.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Talon Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Talon Metals'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.

Talon Metals Cyclically Adjusted PB Ratio Chart

Talon Metals 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 0.43 1.66 2.31 2.15 0.86

Talon Metals 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 2.15 1.59 1.59 1.21 0.86

Competitive Comparison of Talon Metals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Talon Metals'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.


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

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

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



Talon Metals 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.

Talon Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.122/0.16
=0.76

* 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.

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

For example, Talon Metals'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)
=0.185/129.4194*129.4194
=0.185

Current CPI (Dec. 2023) = 129.4194.

Talon Metals Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.353 99.695 0.458
201406 0.352 100.560 0.453
201409 0.340 100.428 0.438
201412 0.187 99.070 0.244
201503 0.167 99.621 0.217
201506 0.161 100.684 0.207
201509 0.160 100.392 0.206
201512 0.113 99.792 0.147
201603 0.128 100.470 0.165
201606 0.119 101.688 0.151
201609 0.117 101.861 0.149
201612 0.108 101.863 0.137
201703 0.099 102.862 0.125
201706 0.090 103.349 0.113
201709 0.093 104.136 0.116
201712 0.097 104.011 0.121
201803 0.084 105.290 0.103
201806 0.068 106.317 0.083
201809 0.059 106.507 0.072
201812 0.038 105.998 0.046
201903 0.081 107.251 0.098
201906 0.080 108.070 0.096
201909 0.085 108.329 0.102
201912 0.086 108.420 0.103
202003 0.087 108.902 0.103
202006 0.085 108.767 0.101
202009 0.088 109.815 0.104
202012 0.094 109.897 0.111
202103 0.126 111.754 0.146
202106 0.131 114.631 0.148
202109 0.136 115.734 0.152
202112 0.136 117.630 0.150
202203 0.161 121.301 0.172
202206 0.165 125.017 0.171
202209 0.174 125.227 0.180
202212 0.184 125.222 0.190
202303 0.183 127.348 0.186
202306 0.186 128.729 0.187
202309 0.170 129.860 0.169
202312 0.185 129.419 0.185

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.


Talon Metals  (OTCPK:TLOFF) 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.


Talon Metals Cyclically Adjusted PB Ratio Related Terms

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


Talon Metals (Talon Metals) Business Description

Traded in Other Exchanges
Address
Craigmuir Chambers, P.O. Box 71, Road Town, Tortola, VGB
Talon Metals Corp is a base metals company in a joint venture with Rio Tinto on the high-grade Tamarack Nickel-Copper-Cobalt Project located in central Minnesota. The Tamarack Nickel Project comprises a large land position with additional high-grade intercepts outside the current resource area. Talon is focused on expanding and infilling its current high-grade nickel mineralization resource prepared in accordance with NI 43-101 to shape a mine plan for submission to Minnesota regulators and following up on additional high-grade nickel mineralization in the Tamarack Intrusive Complex.

Talon Metals (Talon Metals) Headlines