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Zephyr Minerals (TSXV:ZFR) Cyclically Adjusted PB Ratio : 0.72 (As of May. 19, 2024)


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What is Zephyr Minerals Cyclically Adjusted PB Ratio?

As of today (2024-05-19), Zephyr Minerals's current share price is C$0.065. Zephyr Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$0.09. Zephyr Minerals's Cyclically Adjusted PB Ratio for today is 0.72.

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

TSXV:ZFR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.01
Current: 0.72

During the past years, Zephyr Minerals's highest Cyclically Adjusted PB Ratio was 1.01. The lowest was 0.00. And the median was 0.00.

TSXV:ZFR's Cyclically Adjusted PB Ratio is ranked better than
59.1% of 1616 companies
in the Metals & Mining industry
Industry Median: 0.86 vs TSXV:ZFR: 0.72

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.

Zephyr Minerals's adjusted book value per share data for the three months ended in Dec. 2023 was C$0.068. 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$0.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zephyr Minerals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zephyr Minerals'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.

Zephyr Minerals Cyclically Adjusted PB Ratio Chart

Zephyr Minerals 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 - 2.59 2.15 1.12 0.88

Zephyr Minerals 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 1.12 1.26 1.23 0.99 0.88

Competitive Comparison of Zephyr Minerals's Cyclically Adjusted PB Ratio

For the Gold subindustry, Zephyr Minerals'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.


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

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

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



Zephyr Minerals 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.

Zephyr Minerals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.065/0.09
=0.72

* 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.

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

For example, Zephyr Minerals'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)
=0.068/125.0724*125.0724
=0.068

Current CPI (Dec. 2023) = 125.0724.

Zephyr Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.037 98.604 0.047
201406 0.034 99.473 0.043
201409 0.041 99.394 0.052
201412 0.040 98.367 0.051
201503 0.046 99.789 0.058
201506 0.044 100.500 0.055
201509 0.043 100.421 0.054
201512 0.068 99.947 0.085
201603 0.066 101.054 0.082
201606 0.063 102.002 0.077
201609 0.063 101.765 0.077
201612 0.065 101.449 0.080
201703 0.069 102.634 0.084
201706 0.077 103.029 0.093
201709 0.079 103.345 0.096
201712 0.075 103.345 0.091
201803 0.073 105.004 0.087
201806 0.086 105.557 0.102
201809 0.085 105.636 0.101
201812 0.085 105.399 0.101
201903 0.085 106.979 0.099
201906 0.088 107.690 0.102
201909 0.087 107.611 0.101
201912 0.087 107.769 0.101
202003 0.104 107.927 0.121
202006 0.107 108.401 0.123
202009 0.112 108.164 0.130
202012 0.110 108.559 0.127
202103 0.109 110.298 0.124
202106 0.108 111.720 0.121
202109 0.106 112.905 0.117
202112 0.105 113.774 0.115
202203 0.103 117.646 0.110
202206 0.100 120.806 0.104
202209 0.098 120.648 0.102
202212 0.095 120.964 0.098
202303 0.093 122.702 0.095
202306 0.091 124.203 0.092
202309 0.071 125.230 0.071
202312 0.068 125.072 0.068

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.


Zephyr Minerals  (TSXV:ZFR) 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.


Zephyr Minerals Cyclically Adjusted PB Ratio Related Terms

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


Zephyr Minerals (TSXV:ZFR) Business Description

Traded in Other Exchanges
Address
1301 - 1959 Upper Water Street, Purdy's Wharf Tower 1, Halifax, NS, CAN, B3J 3N2
Zephyr Minerals Ltd is an exploration and development company. It holds an interest in the Dawson-Green Mountain property in Colorado, USA. The Dawson section located at the eastern end of the property comprises a gold project. The Green Mountain section located at the western end of the project is prospective for copper and gold. The El Plomo section forms the central portion of the property. Its operations are located in Canada, the United States of America, and Zimbabwe.

Zephyr Minerals (TSXV:ZFR) Headlines

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