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Prophecy DeFi (XCNQ:PDFI) Cyclically Adjusted PB Ratio : 0.21 (As of May. 28, 2024)


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What is Prophecy DeFi Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Prophecy DeFi's current share price is C$0.015. Prophecy DeFi's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$0.07. Prophecy DeFi's Cyclically Adjusted PB Ratio for today is 0.21.

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

XCNQ:PDFI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.29   Max: 0.57
Current: 0.22

During the past years, Prophecy DeFi's highest Cyclically Adjusted PB Ratio was 0.57. The lowest was 0.14. And the median was 0.29.

XCNQ:PDFI's Cyclically Adjusted PB Ratio is ranked better than
89.77% of 303 companies
in the Credit Services industry
Industry Median: 0.91 vs XCNQ:PDFI: 0.22

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.

Prophecy DeFi's adjusted book value per share data for the three months ended in Dec. 2023 was C$-0.019. 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


Prophecy DeFi Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Prophecy DeFi'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.

Prophecy DeFi Cyclically Adjusted PB Ratio Chart

Prophecy DeFi 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 - - - - 0.50

Prophecy DeFi 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 - - - - 0.50

Competitive Comparison of Prophecy DeFi's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Prophecy DeFi'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.


Prophecy DeFi's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Prophecy DeFi's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Prophecy DeFi 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.

Prophecy DeFi's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.015/0.07
=0.21

* 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.

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

For example, Prophecy DeFi'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)
=-0.019/125.0724*125.0724
=-0.019

Current CPI (Dec. 2023) = 125.0724.

Prophecy DeFi Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 98.604 0.000
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 0.205 98.367 0.261
201503 -0.016 99.789 -0.020
201506 -0.016 100.500 -0.020
201509 -0.017 100.421 -0.021
201512 0.096 99.947 0.120
201603 0.080 101.054 0.099
201606 0.078 102.002 0.096
201609 0.075 101.765 0.092
201612 0.075 101.449 0.092
201703 0.080 102.634 0.097
201706 0.064 103.029 0.078
201709 0.062 103.345 0.075
201712 0.071 103.345 0.086
201803 0.068 105.004 0.081
201806 0.065 105.557 0.077
201809 0.055 105.636 0.065
201812 0.049 105.399 0.058
201903 0.049 106.979 0.057
201906 0.045 107.690 0.052
201909 0.040 107.611 0.046
201912 0.007 107.769 0.008
202003 0.004 107.927 0.005
202006 0.002 108.401 0.002
202009 -0.001 108.164 -0.001
202012 -0.006 108.559 -0.007
202103 0.026 110.298 0.029
202106 0.065 111.720 0.073
202109 0.269 112.905 0.298
202112 0.212 113.774 0.233
202203 0.189 117.646 0.201
202206 0.159 120.806 0.165
202209 0.157 120.648 0.163
202212 -0.007 120.964 -0.007
202303 -0.009 122.702 -0.009
202306 -0.013 124.203 -0.013
202309 -0.018 125.230 -0.018
202312 -0.019 125.072 -0.019

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.


Prophecy DeFi  (XCNQ:PDFI) 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.


Prophecy DeFi Cyclically Adjusted PB Ratio Related Terms

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


Prophecy DeFi (XCNQ:PDFI) Business Description

Traded in Other Exchanges
Address
87 Scollard Street, Suite 100, Toronto, ON, CAN, M5R 1G4
Prophecy DeFi Inc aims to bring together technology start-ups in the Blockchain and DeFi sectors to fund innovation, elevate industry research, and create new business opportunities in a coherent ecosystem. The Company derives its income from digital currencies received for providing liquidity to decentralized cryptocurrency exchanges. Liquidity provisioning is Layer2 Blockchain's principal business activity and is the process where liquidity, in the form of digital assets, is deployed into the liquidity pools of decentralized exchanges.
Executives
John Andrew Mcmahon Director, Senior Officer

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