CEGMF (Cerro Grande Mining) Cyclically Adjusted PB Ratio: (As of Jul. 29, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Cerro Grande Mining Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cerro Grande Mining  (OTCPK:CEGMF) 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.


Cerro Grande Mining Cyclically Adjusted PB Ratio Related Terms


Cerro Grande Mining Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cerro Grande Mining'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.

Cerro Grande Mining Cyclically Adjusted PB Ratio Chart

Cerro Grande Mining Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.24 0.20 0.15 0.24

Cerro Grande Mining Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.15 0.24 0.54 0.00 0.00

CEGMF vs NRHI, ENRT, LBRMF: Cyclically Adjusted PB Ratio Comparison

For the Other Industrial Metals & Mining subindustry, Cerro Grande Mining'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.


Cerro Grande Mining Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Cerro Grande Mining's Cyclically Adjusted PB Ratio falls into.



Cerro Grande Mining 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.

Cerro Grande Mining's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Cerro Grande Mining's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.013/149.5921*149.5921
=-0.013

Current CPI (Jun. 2024) = 149.5921.

Cerro Grande Mining Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.080 96.883 0.124
201412 0.059 97.515 0.091
201503 0.051 98.539 0.077
201506 0.045 99.770 0.067
201509 -0.007 101.383 -0.010
201512 0.005 101.775 0.007
201603 0.000 102.930 0.000
201606 -0.006 103.965 -0.009
201609 -0.017 104.521 -0.024
201612 -0.021 104.532 -0.030
201703 -0.026 105.752 -0.037
201706 -0.006 105.730 -0.008
201709 -0.012 106.035 -0.017
201712 -0.012 106.907 -0.017
201803 -0.013 107.670 -0.018
201806 -0.014 108.421 -0.019
201809 -0.015 109.369 -0.021
201812 -0.009 109.653 -0.012
201903 -0.010 110.339 -0.014
201906 -0.011 111.352 -0.015
201909 -0.012 111.821 -0.016
201912 -0.012 112.943 -0.016
202003 -0.008 114.468 -0.010
202006 -0.009 114.283 -0.012
202009 -0.017 115.275 -0.022
202012 -0.011 116.299 -0.014
202103 -0.014 117.770 -0.018
202106 -0.013 118.630 -0.016
202109 -0.014 121.431 -0.017
202112 -0.015 124.634 -0.018
202203 -0.014 128.850 -0.016
202206 -0.012 133.448 -0.013
202209 -0.012 138.101 -0.013
202212 -0.012 140.574 -0.013
202303 -0.013 143.145 -0.014
202306 -0.013 143.538 -0.014
202309 -0.013 145.172 -0.013
202312 -0.013 146.109 -0.013
202403 -0.013 148.551 -0.013
202406 -0.013 149.592 -0.013

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.


Cerro Grande Mining Business Description

Address Avenida Santa Maria 2224, Providencia, Santiago, CHL
Cerro Grande Mining Corp is a Canada-based exploration company. The business activity of the group is operated in one reportable operating segment, being the acquisition, exploration, and development of mineral properties. It explores new gold, copper, and industrial mineral properties in central Chile. The company holds an interest in Pimenton Copper Gold Mining Project.