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Corsa Coal (Corsa Coal) Cyclically Adjusted PB Ratio : 0.20 (As of May. 01, 2024)


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What is Corsa Coal Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Corsa Coal's current share price is $0.25058. Corsa Coal's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.24. Corsa Coal's Cyclically Adjusted PB Ratio for today is 0.20.

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

CRSXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.16   Max: 0.45
Current: 0.21

During the past years, Corsa Coal's highest Cyclically Adjusted PB Ratio was 0.45. The lowest was 0.03. And the median was 0.16.

CRSXF's Cyclically Adjusted PB Ratio is ranked better than
93.72% of 446 companies
in the Steel industry
Industry Median: 0.88 vs CRSXF: 0.21

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.

Corsa Coal's adjusted book value per share data for the three months ended in Dec. 2023 was $0.824. 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 $1.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corsa Coal Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Corsa Coal'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.

Corsa Coal Cyclically Adjusted PB Ratio Chart

Corsa Coal 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 0.07 0.11 0.26 0.10 0.24

Corsa Coal 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 0.10 0.13 0.19 0.43 0.24

Competitive Comparison of Corsa Coal's Cyclically Adjusted PB Ratio

For the Coking Coal subindustry, Corsa Coal'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.


Corsa Coal's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Corsa Coal's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Corsa Coal 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.

Corsa Coal's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.25058/1.24
=0.20

* 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.

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

For example, Corsa Coal'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)
=0.824/129.4194*129.4194
=0.824

Current CPI (Dec. 2023) = 129.4194.

Corsa Coal Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.882 99.695 5.039
201406 3.813 100.560 4.907
201409 2.905 100.428 3.744
201412 2.721 99.070 3.555
201503 2.141 99.621 2.781
201506 2.155 100.684 2.770
201509 2.014 100.392 2.596
201512 0.466 99.792 0.604
201603 0.408 100.470 0.526
201606 0.328 101.688 0.417
201609 0.250 101.861 0.318
201612 0.271 101.863 0.344
201703 0.353 102.862 0.444
201706 0.391 103.349 0.490
201709 0.451 104.136 0.561
201712 1.025 104.011 1.275
201803 1.035 105.290 1.272
201806 0.989 106.317 1.204
201809 0.971 106.507 1.180
201812 1.067 105.998 1.303
201903 1.091 107.251 1.317
201906 1.123 108.070 1.345
201909 1.134 108.329 1.355
201912 1.045 108.420 1.247
202003 0.981 108.902 1.166
202006 0.619 108.767 0.737
202009 0.583 109.815 0.687
202012 0.450 109.897 0.530
202103 0.404 111.754 0.468
202106 0.828 114.631 0.935
202109 0.838 115.734 0.937
202112 0.864 117.630 0.951
202203 0.826 121.301 0.881
202206 0.797 125.017 0.825
202209 0.754 125.227 0.779
202212 0.597 125.222 0.617
202303 0.616 127.348 0.626
202306 0.694 128.729 0.698
202309 0.880 129.860 0.877
202312 0.824 129.419 0.824

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.


Corsa Coal  (OTCPK:CRSXF) 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.


Corsa Coal Cyclically Adjusted PB Ratio Related Terms

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


Corsa Coal (Corsa Coal) Business Description

Industry
Traded in Other Exchanges
Address
1576 Stoystown Road, PO Box 260, Friedens, PA, USA, 15541
Corsa Coal Corp is a coal mining company focused on the production and sales of metallurgical coal, an essential ingredient in the production of steel. Its core business is producing and selling metallurgical coal to domestic and international steel and coke producers in the Atlantic and Pacific basin markets. Its segments are Northern Appalachia (NAPP) and the company's corporate office. NAPP is a distinct operating segment based on its metallurgical coal operations and location in the U.S. along the Northern Appalachia coal belt. The company's corporate office provides support and manages the mining investments.

Corsa Coal (Corsa Coal) Headlines

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