ECPN (El Capitan Precious Metals) Cyclically Adjusted PB Ratio: (As of Jul. 18, 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 El Capitan Precious Metals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


El Capitan Precious Metals  (OTCPK:ECPN) 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.


El Capitan Precious Metals Cyclically Adjusted PB Ratio Related Terms


El Capitan Precious Metals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for El Capitan Precious Metals'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.

El Capitan Precious Metals Cyclically Adjusted PB Ratio Chart

El Capitan Precious Metals Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Cyclically Adjusted PB Ratio
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El Capitan Precious Metals Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 0.00 0.00 0.00 0.00 0.00

ECPN vs MAGE: Cyclically Adjusted PB Ratio Comparison

For the Other Precious Metals & Mining subindustry, El Capitan Precious Metals'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.


El Capitan Precious Metals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where El Capitan Precious Metals's Cyclically Adjusted PB Ratio falls into.



El Capitan Precious Metals 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.

El Capitan Precious Metals's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2017 is calculated as:

For example, El Capitan Precious Metals's adjusted Book Value per Share data for the three months ended in Sep. 2017 was:

Adj_Book=Book Value per Share/CPI of Sep. 2017 (Change)*Current CPI (Sep. 2017)
=-0.001/246.8190*246.8190
=-0.001

Current CPI (Sep. 2017) = 246.8190.

El Capitan Precious Metals Quarterly Data

Book Value per Share CPI Adj_Book
200712 0.010 210.036 0.012
200803 0.009 213.528 0.010
200806 0.008 218.815 0.009
200809 0.009 218.783 0.010
200812 0.007 210.228 0.008
200903 0.005 212.709 0.006
200906 0.004 215.693 0.005
200909 0.003 215.969 0.003
200912 0.002 215.949 0.002
201003 0.002 217.631 0.002
201006 0.005 217.965 0.006
201009 0.014 218.439 0.016
201012 0.011 219.179 0.012
201103 0.730 223.467 0.806
201106 0.730 225.722 0.798
201109 0.009 226.889 0.010
201112 0.009 225.672 0.010
201203 0.008 229.392 0.009
201206 0.008 229.478 0.009
201209 0.008 231.407 0.009
201212 0.009 229.601 0.010
201303 0.008 232.773 0.008
201306 0.008 233.504 0.008
201309 0.009 234.149 0.009
201312 0.008 233.049 0.008
201403 0.009 236.293 0.009
201406 0.008 238.343 0.008
201409 0.007 238.031 0.007
201412 0.006 234.812 0.006
201503 0.005 236.119 0.005
201506 0.004 238.638 0.004
201509 0.002 237.945 0.002
201512 0.003 236.525 0.003
201603 0.004 238.132 0.004
201606 0.003 241.018 0.003
201609 0.003 241.428 0.003
201612 0.005 241.432 0.005
201703 0.005 243.801 0.005
201706 0.005 244.955 0.005
201709 -0.001 246.819 -0.001

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.


El Capitan Precious Metals Business Description

Address 5871 Honeysuckle Road, Prescott, AZ, USA, 86305
El Capitan Precious Metals Inc is an exploration stage mining company. It explores for precious metals and other minerals. The company owns an interest in El Capitan Ltd which holds an interest in the El Capitan property located in New Mexico. Its objective is to market and sell the El Capitan Property to a mining company or enter a joint venture arrangement with a mining company to conduct mining operations. The El Capitan property consists of more than 350 Bureau of Land Management lode claims and four patented claims.