GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Angel Wing Metals Inc (TSXV:AWM) » Definitions » Cyclically Adjusted PB Ratio

Angel Wing Metals (TSXV:AWM) Cyclically Adjusted PB Ratio : 1.71 (As of May. 26, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Angel Wing Metals Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Angel Wing Metals's current share price is C$0.12. Angel Wing Metals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$0.07. Angel Wing Metals's Cyclically Adjusted PB Ratio for today is 1.71.

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

TSXV:AWM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 1.6   Max: 22
Current: 1.64

During the past years, Angel Wing Metals's highest Cyclically Adjusted PB Ratio was 22.00. The lowest was 0.41. And the median was 1.60.

TSXV:AWM's Cyclically Adjusted PB Ratio is ranked worse than
66.25% of 1618 companies
in the Metals & Mining industry
Industry Median: 0.89 vs TSXV:AWM: 1.64

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.

Angel Wing Metals's adjusted book value per share data for the three months ended in Dec. 2023 was C$0.041. 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 C$0.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Angel Wing Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Angel Wing 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.

Angel Wing Metals Cyclically Adjusted PB Ratio Chart

Angel Wing 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 2.03 2.47 10.71 28.20 1.91

Angel Wing 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 28.20 20.53 7.30 3.05 1.91

Competitive Comparison of Angel Wing Metals's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Angel Wing 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.


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

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

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



Angel Wing 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.12/0.07
=1.71

* 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.

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

For example, Angel Wing 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)
=0.041/125.0724*125.0724
=0.041

Current CPI (Dec. 2023) = 125.0724.

Angel Wing Metals Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.864 98.604 -1.096
201406 -0.902 99.473 -1.134
201409 -0.990 99.394 -1.246
201412 0.457 98.367 0.581
201503 0.549 99.789 0.688
201506 0.521 100.500 0.648
201509 0.487 100.421 0.607
201512 0.184 99.947 0.230
201603 0.151 101.054 0.187
201606 0.117 102.002 0.143
201609 0.147 101.765 0.181
201612 0.148 101.449 0.182
201703 0.127 102.634 0.155
201706 0.117 103.029 0.142
201709 0.127 103.345 0.154
201712 0.062 103.345 0.075
201803 0.048 105.004 0.057
201806 0.032 105.557 0.038
201809 0.018 105.636 0.021
201812 -0.002 105.399 -0.002
201903 -0.015 106.979 -0.018
201906 -0.019 107.690 -0.022
201909 0.031 107.611 0.036
201912 0.030 107.769 0.035
202003 0.026 107.927 0.030
202006 0.024 108.401 0.028
202009 0.021 108.164 0.024
202012 0.057 108.559 0.066
202103 0.050 110.298 0.057
202106 0.219 111.720 0.245
202109 0.223 112.905 0.247
202112 0.186 113.774 0.204
202203 0.219 117.646 0.233
202206 0.214 120.806 0.222
202209 0.205 120.648 0.213
202212 0.064 120.964 0.066
202303 0.204 122.702 0.208
202306 0.203 124.203 0.204
202309 0.200 125.230 0.200
202312 0.041 125.072 0.041

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.


Angel Wing Metals  (TSXV:AWM) 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.


Angel Wing Metals Cyclically Adjusted PB Ratio Related Terms

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


Angel Wing Metals (TSXV:AWM) Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, Suite 1000, Toronto, ON, CAN, M5C 1P1
Angel Wing Metals Inc is focused on the exploration and development of its portfolio of precious metals properties in Mexico and Canada. The company's flagship El Grande gold project covers approximately 550 square kilometers in the southern extension of the prolific Sierra Madre Occidental gold-silver belt in the state of Nayarit, Mexico, and demonstrates significant gold and silver mineralization. It also owns two early-stage gold exploration projects in Northwestern Ontario. The Winora Project is located near Lingman lake, 325 km north of Red Lake, and Quartz Lake Project which is located 50km east of the prolific Red Lake district. The Company operates in one industry segment, namely the exploration of mineral resources in two geographic regions, Canada and Mexico.
Executives
Mark Davis Santarossa Director

Angel Wing Metals (TSXV:AWM) Headlines

No Headlines