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Canada Carbon (Canada Carbon) Cyclically Adjusted PB Ratio : 0.54 (As of May. 24, 2024)


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What is Canada Carbon Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Canada Carbon's current share price is $0.027. Canada Carbon's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.05. Canada Carbon's Cyclically Adjusted PB Ratio for today is 0.54.

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

BRUZF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1
Current: 0.62

During the past years, Canada Carbon's highest Cyclically Adjusted PB Ratio was 1.00. The lowest was 0.00. And the median was 0.00.

BRUZF's Cyclically Adjusted PB Ratio is ranked better than
58.53% of 1618 companies
in the Metals & Mining industry
Industry Median: 0.89 vs BRUZF: 0.62

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.

Canada Carbon's adjusted book value per share data for the three months ended in Dec. 2023 was $0.031. 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 $0.05 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canada Carbon Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Canada Carbon'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.

Canada Carbon Cyclically Adjusted PB Ratio Chart

Canada Carbon 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 0.77 2.34 1.20 0.96 0.54

Canada Carbon 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 0.96 0.71 0.54 0.54 0.54

Competitive Comparison of Canada Carbon's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Canada Carbon'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.


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

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

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



Canada Carbon 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.

Canada Carbon's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.027/0.05
=0.54

* 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.

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

For example, Canada Carbon'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)
=0.031/125.0724*125.0724
=0.031

Current CPI (Dec. 2023) = 125.0724.

Canada Carbon Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.033 98.604 0.042
201406 0.040 99.473 0.050
201409 0.046 99.394 0.058
201412 0.047 98.367 0.060
201503 0.048 99.789 0.060
201506 0.052 100.500 0.065
201509 0.048 100.421 0.060
201512 0.046 99.947 0.058
201603 0.000 101.054 0.000
201606 0.049 102.002 0.060
201609 0.048 101.765 0.059
201612 0.045 101.449 0.055
201703 0.044 102.634 0.054
201706 0.051 103.029 0.062
201709 0.055 103.345 0.067
201712 0.051 103.345 0.062
201803 0.049 105.004 0.058
201806 0.047 105.557 0.056
201809 0.046 105.636 0.054
201812 0.043 105.399 0.051
201903 0.042 106.979 0.049
201906 0.041 107.690 0.048
201909 0.040 107.611 0.046
201912 0.039 107.769 0.045
202003 0.038 107.927 0.044
202006 0.038 108.401 0.044
202009 0.040 108.164 0.046
202012 0.043 108.559 0.050
202103 0.045 110.298 0.051
202106 0.045 111.720 0.050
202109 0.044 112.905 0.049
202112 0.043 113.774 0.047
202203 0.043 117.646 0.046
202206 0.041 120.806 0.042
202209 0.038 120.648 0.039
202212 0.036 120.964 0.037
202303 0.035 122.702 0.036
202306 0.035 124.203 0.035
202309 0.034 125.230 0.034
202312 0.031 125.072 0.031

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.


Canada Carbon  (OTCPK:BRUZF) 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.


Canada Carbon Cyclically Adjusted PB Ratio Related Terms

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


Canada Carbon (Canada Carbon) Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, Toronto, ON, CAN, M5C1P1
Canada Carbon Inc is a mineral exploration company. It is engaged in the business of exploration, acquisition, and evaluation of mineral properties in Canada. The company's projects include the Miller Graphite Project and Asbury Graphite Project.

Canada Carbon (Canada Carbon) Headlines