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North American Tungsten (TSXV:NTC.H) Cyclically Adjusted PB Ratio : (As of May. 17, 2024)


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What is North American Tungsten Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


North American Tungsten Cyclically Adjusted PB Ratio Historical Data

The historical data trend for North American Tungsten'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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North American Tungsten Cyclically Adjusted PB Ratio Chart

North American Tungsten Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
Cyclically Adjusted PB Ratio
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North American Tungsten Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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Competitive Comparison of North American Tungsten's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, North American Tungsten'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.


North American Tungsten's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where North American Tungsten's Cyclically Adjusted PB Ratio falls into.



North American Tungsten 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.

North American Tungsten's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2015 is calculated as:

For example, North American Tungsten's adjusted Book Value per Share data for the three months ended in Jun. 2015 was:

Adj_Book=Book Value per Share/CPI of Jun. 2015 (Change)*Current CPI (Jun. 2015)
=-0.175/100.5004*100.5004
=-0.175

Current CPI (Jun. 2015) = 100.5004.

North American Tungsten Quarterly Data

Book Value per Share CPI Adj_Book
200509 0.148 85.647 0.174
200512 0.174 85.015 0.206
200603 0.191 85.805 0.224
200606 0.182 86.516 0.211
200609 0.191 86.279 0.222
200612 0.185 86.437 0.215
200703 0.182 87.780 0.208
200706 0.303 88.412 0.344
200709 0.278 88.412 0.316
200712 0.246 88.491 0.279
200803 0.200 88.965 0.226
200806 0.189 91.177 0.208
200809 0.214 91.414 0.235
200812 0.253 89.518 0.284
200903 0.240 90.071 0.268
200906 0.236 90.940 0.261
200909 0.196 90.624 0.217
200912 0.183 90.703 0.203
201003 0.172 91.335 0.189
201006 0.159 91.809 0.174
201009 0.133 92.362 0.145
201012 0.121 92.836 0.131
201103 0.121 94.338 0.129
201106 0.126 94.654 0.134
201109 0.101 95.286 0.107
201112 0.129 94.970 0.137
201203 0.141 96.155 0.147
201206 0.131 96.076 0.137
201209 0.062 96.392 0.065
201212 0.045 95.760 0.047
201303 0.031 97.103 0.032
201306 0.007 97.182 0.007
201309 0.009 97.419 0.009
201312 -0.010 96.945 -0.010
201403 0.005 98.604 0.005
201406 0.003 99.473 0.003
201409 -0.013 99.394 -0.013
201412 -0.014 98.367 -0.014
201503 -0.041 99.789 -0.041
201506 -0.175 100.500 -0.175

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.


North American Tungsten  (TSXV:NTC.H) 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.


North American Tungsten Cyclically Adjusted PB Ratio Related Terms

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North American Tungsten (TSXV:NTC.H) Business Description

Traded in Other Exchanges
N/A
Address
1188 West Georgia Street, Suite 1640, Vancouver, BC, CAN, V6E 4A2
North American Tungsten Corp Ltd is a Canadian based exploration and development company. It is engaged in the exploration, development, and operation of mineral properties. The company produces, processes, and sells tungsten concentrate. Its project portfolio includes Cantung mine site and Mactung deposit projects.

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