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Ecometals (Ecometals) Cyclically Adjusted PB Ratio : (As of Jun. 11, 2024)


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What is Ecometals Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ecometals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ecometals'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.

Ecometals Cyclically Adjusted PB Ratio Chart

Ecometals Annual Data
Trend Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12
Cyclically Adjusted PB Ratio
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Ecometals Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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Competitive Comparison of Ecometals's Cyclically Adjusted PB Ratio

For the Gold subindustry, Ecometals'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.


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

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

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



Ecometals 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.

Ecometals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2012 is calculated as:

For example, Ecometals's adjusted Book Value per Share data for the three months ended in Dec. 2012 was:

Adj_Book=Book Value per Share/CPI of Dec. 2012 (Change)*Current CPI (Dec. 2012)
=0.059/95.7598*95.7598
=0.059

Current CPI (Dec. 2012) = 95.7598.

Ecometals Quarterly Data

Book Value per Share CPI Adj_Book
200303 0.022 81.459 0.026
200306 0.052 80.985 0.061
200309 0.053 81.459 0.062
200312 0.176 81.538 0.207
200403 0.159 82.091 0.185
200406 0.143 83.039 0.165
200409 0.144 82.960 0.166
200412 0.140 83.276 0.161
200503 0.117 83.987 0.133
200506 0.110 84.461 0.125
200509 0.104 85.647 0.116
200512 0.115 85.015 0.130
200603 0.139 85.805 0.155
200606 0.215 86.516 0.238
200609 0.247 86.279 0.274
200612 0.248 86.437 0.275
200703 0.251 87.780 0.274
200706 0.152 88.412 0.165
200709 0.214 88.412 0.232
200712 0.203 88.491 0.220
200803 0.201 88.965 0.216
200806 0.195 91.177 0.205
200809 0.182 91.414 0.191
200812 0.707 89.518 0.756
200903 0.623 90.071 0.662
200906 0.683 90.940 0.719
200909 0.667 90.624 0.705
200912 0.571 90.703 0.603
201003 0.507 91.335 0.532
201006 0.480 91.809 0.501
201009 0.442 92.362 0.458
201012 0.398 92.836 0.411
201103 0.261 94.338 0.265
201106 0.240 94.654 0.243
201109 0.217 95.286 0.218
201112 0.202 94.970 0.204
201203 0.161 96.155 0.160
201206 0.149 96.076 0.149
201209 0.070 96.392 0.070
201212 0.059 95.760 0.059

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.


Ecometals  (OTCPK:ECMLF) 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.


Ecometals Cyclically Adjusted PB Ratio Related Terms

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Ecometals (Ecometals) Business Description

Traded in Other Exchanges
N/A
Address
1090 West Georgia Street, Suit 1305, Vancouver, BC, CAN, V6E 3V7
Ecometals Ltd is a mineral exploration company which focuses on South America. Its exploration portfolio includes gold projects in Ecuador and Brazil, and manganese gold and iron ore projects in Brazil.

Ecometals (Ecometals) Headlines

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