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Coast Copper (Coast Copper) Cyclically Adjusted PB Ratio : 0.27 (As of Jun. 21, 2024)


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What is Coast Copper Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Coast Copper's current share price is $0.038. Coast Copper's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.14. Coast Copper's Cyclically Adjusted PB Ratio for today is 0.27.

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

COCCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.49
Current: 0.41

During the past years, Coast Copper's highest Cyclically Adjusted PB Ratio was 0.49. The lowest was 0.00. And the median was 0.00.

COCCF's Cyclically Adjusted PB Ratio is ranked better than
66.85% of 1635 companies
in the Metals & Mining industry
Industry Median: 0.82 vs COCCF: 0.41

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.

Coast Copper's adjusted book value per share data for the three months ended in Mar. 2024 was $0.024. 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 $0.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coast Copper Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Coast Copper'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.

Coast Copper Cyclically Adjusted PB Ratio Chart

Coast Copper 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 - - 0.67 0.25 0.28

Coast Copper Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.28 0.26 0.30 0.28 0.29

Competitive Comparison of Coast Copper's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Coast Copper'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.


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

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

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



Coast Copper 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.

Coast Copper's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.038/0.14
=0.27

* 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.

Coast Copper's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Coast Copper's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.024/126.2576*126.2576
=0.024

Current CPI (Mar. 2024) = 126.2576.

Coast Copper Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.192 99.473 0.244
201409 0.467 99.394 0.593
201412 0.374 98.367 0.480
201503 0.301 99.789 0.381
201506 0.278 100.500 0.349
201509 0.243 100.421 0.306
201512 0.211 99.947 0.267
201603 0.206 101.054 0.257
201606 0.189 102.002 0.234
201609 0.182 101.765 0.226
201612 0.160 101.449 0.199
201703 0.148 102.634 0.182
201706 0.133 103.029 0.163
201709 0.145 103.345 0.177
201712 0.114 103.345 0.139
201803 0.102 105.004 0.123
201806 0.093 105.557 0.111
201809 0.079 105.636 0.094
201812 0.003 105.399 0.004
201903 -0.001 106.979 -0.001
201906 -0.004 107.690 -0.005
201909 -0.007 107.611 -0.008
201912 -0.014 107.769 -0.016
202003 0.013 107.927 0.015
202006 0.020 108.401 0.023
202009 0.042 108.164 0.049
202012 0.041 108.559 0.048
202103 0.039 110.298 0.045
202106 0.035 111.720 0.040
202109 0.030 112.905 0.034
202112 0.032 113.774 0.036
202203 0.020 117.646 0.021
202206 0.013 120.806 0.014
202209 0.013 120.648 0.014
202212 0.036 120.964 0.038
202303 0.032 122.702 0.033
202306 0.030 124.203 0.030
202309 0.029 125.230 0.029
202312 0.026 125.072 0.026
202403 0.024 126.258 0.024

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.


Coast Copper  (OTCPK:COCCF) 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.


Coast Copper Cyclically Adjusted PB Ratio Related Terms

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


Coast Copper (Coast Copper) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 904, Vancouver, BC, CAN, V6C 1T2
Coast Copper Corp is engaged in the business of the exploration and evaluation of mineral properties. It focuses on exploring its portfolio of mineral properties, including the Empire Mine property located on northern Vancouver Island, British Columbia (BC) and the Golden Triangle properties in central BC, its sole operating and geographical segment.