GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Catalyst Metals Ltd (ASX:CYL) » Definitions » Cyclically Adjusted PB Ratio

Catalyst Metals (ASX:CYL) Cyclically Adjusted PB Ratio : 2.96 (As of May. 16, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Catalyst Metals Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Catalyst Metals's current share price is A$0.83. Catalyst Metals's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was A$0.28. Catalyst Metals's Cyclically Adjusted PB Ratio for today is 2.96.

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

ASX:CYL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.64   Med: 6.42   Max: 16.92
Current: 3.03

During the past 13 years, Catalyst Metals's highest Cyclically Adjusted PB Ratio was 16.92. The lowest was 1.64. And the median was 6.42.

ASX:CYL's Cyclically Adjusted PB Ratio is ranked worse than
81.44% of 1616 companies
in the Metals & Mining industry
Industry Median: 0.855 vs ASX:CYL: 3.03

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.

Catalyst Metals's adjusted book value per share data of for the fiscal year that ended in Jun23 was A$0.784. 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 A$0.28 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Catalyst Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Catalyst Metals'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.

Catalyst Metals Cyclically Adjusted PB Ratio Chart

Catalyst Metals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.54 36.11 15.28 6.35 2.78

Catalyst Metals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 6.35 - 2.78 -

Competitive Comparison of Catalyst Metals's Cyclically Adjusted PB Ratio

For the Gold subindustry, Catalyst Metals'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.


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

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

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



Catalyst Metals 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.

Catalyst Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.83/0.28
=2.96

* 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.

Catalyst Metals's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Catalyst Metals's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.784/124.1700*124.1700
=0.784

Current CPI (Jun23) = 124.1700.

Catalyst Metals Annual Data

Book Value per Share CPI Adj_Book
201406 0.016 98.352 0.020
201506 0.014 99.838 0.017
201606 0.017 100.859 0.021
201706 0.036 102.809 0.043
201806 0.069 104.945 0.082
201906 0.208 106.617 0.242
202006 0.275 106.246 0.321
202106 0.551 110.332 0.620
202206 0.586 117.112 0.621
202306 0.784 124.170 0.784

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.


Catalyst Metals  (ASX:CYL) 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.


Catalyst Metals Cyclically Adjusted PB Ratio Related Terms

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


Catalyst Metals (ASX:CYL) Business Description

Traded in Other Exchanges
Address
Level 1, 30 Richardson Street, West Perth, WA, AUS, 6005
Catalyst Metals Ltd is engaged in the mineral exploration and evaluation and production of gold. The company's flagship mineral exploration projects include Whitelaw Gold Belt, Tandarra Gold Project, Raydarra Project, Four Eagles Project, Macorna Bore Project, Sebastian Project, and Henty Gold Mine. The business is organized into four operating segments namely Victoria, Tasmania, Western Australia, Corporate and unallocated The main products and services of business operating segments are the mining and exploration , evaluation operations in Australia. Substantial revenue generates from the Tasmania segment.

Catalyst Metals (ASX:CYL) Headlines

No Headlines