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Big Tree Carbon (TSXV:BIGT) Cyclically Adjusted PB Ratio : (As of May. 27, 2024)


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What is Big Tree Carbon Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Big Tree Carbon Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Big Tree Carbon'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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Big Tree Carbon Cyclically Adjusted PB Ratio Chart

Big Tree Carbon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Big Tree Carbon Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Big Tree Carbon's Cyclically Adjusted PB Ratio

For the Gold subindustry, Big Tree Carbon'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.


Big Tree Carbon's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Big Tree Carbon's Cyclically Adjusted PB Ratio falls into.



Big Tree Carbon 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.

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

For example, Big Tree Carbon'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)
=-0.009/125.0724*125.0724
=-0.009

Current CPI (Dec. 2023) = 125.0724.

Big Tree Carbon Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.020 98.604 -0.025
201406 -0.020 99.473 -0.025
201409 -0.011 99.394 -0.014
201412 -0.012 98.367 -0.015
201503 -0.011 99.789 -0.014
201506 -0.004 100.500 -0.005
201509 -0.004 100.421 -0.005
201512 -0.004 99.947 -0.005
201603 -0.005 101.054 -0.006
201606 -0.005 102.002 -0.006
201609 -0.006 101.765 -0.007
201612 -0.006 101.449 -0.007
201703 -0.005 102.634 -0.006
201706 -0.006 103.029 -0.007
201709 -0.007 103.345 -0.008
201712 -0.008 103.345 -0.010
201803 -0.008 105.004 -0.010
201806 -0.008 105.557 -0.009
201809 -0.009 105.636 -0.011
201812 -0.010 105.399 -0.012
201903 -0.010 106.979 -0.012
201906 -0.010 107.690 -0.012
201909 -0.010 107.611 -0.012
201912 -0.011 107.769 -0.013
202003 -0.011 107.927 -0.013
202006 -0.010 108.401 -0.012
202009 -0.010 108.164 -0.012
202012 -0.002 108.559 -0.002
202103 0.010 110.298 0.011
202106 0.002 111.720 0.002
202109 -0.001 112.905 -0.001
202112 0.001 113.774 0.001
202203 0.001 117.646 0.001
202206 0.001 120.806 0.001
202209 -0.001 120.648 -0.001
202212 -0.003 120.964 -0.003
202303 -0.003 122.702 -0.003
202306 -0.002 124.203 -0.002
202309 -0.002 125.230 -0.002
202312 -0.009 125.072 -0.009

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.


Big Tree Carbon  (TSXV:BIGT) 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.


Big Tree Carbon Cyclically Adjusted PB Ratio Related Terms

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


Big Tree Carbon (TSXV:BIGT) Business Description

Traded in Other Exchanges
Address
22 Adelaide Street West, Suite 3600, Toronto, ON, CAN, M5H 4E3
Big Tree Carbon Inc is engaged in the investigation, acquisition, exploration and development of exploration and evaluation assets and energy assets in Ontario, Canada. It is also involved in building on the company's long-standing relations with First Nations in Northwestern Ontario to assist in financing future exploration activities by assessing the potential of forests within the traditional territories of these First Nations to capture and sequester carbon dioxide for the development of Greenhouse Gas offsets and other potential environmental attributes, and to explore the monetization of these offsets and attributes for the benefit of these First Nations and the company.

Big Tree Carbon (TSXV:BIGT) Headlines