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Mammoth Resources (TSXV:MTH) Cyclically Adjusted PB Ratio : 0.36 (As of May. 24, 2024)


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What is Mammoth Resources Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Mammoth Resources's current share price is C$0.025. Mammoth Resources's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2023 was C$0.07. Mammoth Resources's Cyclically Adjusted PB Ratio for today is 0.36.

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

TSXV:MTH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.37
Current: 0.37

During the past years, Mammoth Resources's highest Cyclically Adjusted PB Ratio was 0.37. The lowest was 0.00. And the median was 0.00.

TSXV:MTH's Cyclically Adjusted PB Ratio is ranked better than
70.21% of 1618 companies
in the Metals & Mining industry
Industry Median: 0.89 vs TSXV:MTH: 0.37

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.

Mammoth Resources's adjusted book value per share data for the three months ended in Oct. 2023 was C$0.070. 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 Oct. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mammoth Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mammoth Resources'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.

Mammoth Resources Cyclically Adjusted PB Ratio Chart

Mammoth Resources Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.03 1.03 0.52

Mammoth Resources Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.27 0.52 0.44 0.22 0.15

Competitive Comparison of Mammoth Resources's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Mammoth Resources'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.


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

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

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



Mammoth Resources 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.

Mammoth Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.025/0.07
=0.36

* 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.

Mammoth Resources's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2023 is calculated as:

For example, Mammoth Resources's adjusted Book Value per Share data for the three months ended in Oct. 2023 was:

Adj_Book=Book Value per Share/CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=0.07/125.3095*125.3095
=0.070

Current CPI (Oct. 2023) = 125.3095.

Mammoth Resources Quarterly Data

Book Value per Share CPI Adj_Book
201401 0.069 97.261 0.089
201404 0.063 98.920 0.080
201407 0.056 99.315 0.071
201410 0.066 99.473 0.083
201501 0.061 98.209 0.078
201504 0.060 99.710 0.075
201507 0.054 100.579 0.067
201510 0.053 100.500 0.066
201601 0.053 100.184 0.066
201604 0.052 101.370 0.064
201607 0.048 101.844 0.059
201610 0.051 102.002 0.063
201701 0.049 102.318 0.060
201704 0.051 103.029 0.062
201707 0.054 103.029 0.066
201710 0.052 103.424 0.063
201801 0.058 104.056 0.070
201804 0.056 105.320 0.067
201807 0.055 106.110 0.065
201810 0.053 105.952 0.063
201901 0.051 105.557 0.061
201904 0.050 107.453 0.058
201907 0.050 108.243 0.058
201910 0.050 107.927 0.058
202001 0.049 108.085 0.057
202004 0.048 107.216 0.056
202007 0.044 108.401 0.051
202010 0.041 108.638 0.047
202101 0.050 109.192 0.057
202104 0.049 110.851 0.055
202107 0.074 112.431 0.082
202110 0.072 113.695 0.079
202201 0.072 114.801 0.079
202204 0.072 118.357 0.076
202207 0.070 120.964 0.073
202210 0.071 121.517 0.073
202301 0.071 121.596 0.073
202304 0.071 123.571 0.072
202307 0.070 124.914 0.070
202310 0.070 125.310 0.070

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.


Mammoth Resources  (TSXV:MTH) 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.


Mammoth Resources Cyclically Adjusted PB Ratio Related Terms

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


Mammoth Resources (TSXV:MTH) Business Description

Traded in Other Exchanges
Address
150 York Street, Suite 410, Exchange Tower, Toronto, ON, CAN, M5H 3S5
Mammoth Resources Corp is an exploration-stage company. It is involved in the business of acquisition, exploration, and evaluation of mining properties in Mexico. It is focused on acquiring and defining precious metal resources in Mexico. Its project includes the Tenoriba property. The company has one reportable operating segment, being the Acquisition and Exploration of Assets in Mexico.