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East Africa Metals (East Africa Metals) Cyclically Adjusted PB Ratio : 0.67 (As of May. 01, 2024)


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What is East Africa Metals Cyclically Adjusted PB Ratio?

As of today (2024-05-01), East Africa Metals's current share price is $0.08. East Africa Metals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.12. East Africa Metals's Cyclically Adjusted PB Ratio for today is 0.67.

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

EFRMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.65
Current: 0.59

During the past years, East Africa Metals's highest Cyclically Adjusted PB Ratio was 0.65. The lowest was 0.00. And the median was 0.00.

EFRMF's Cyclically Adjusted PB Ratio is ranked better than
58.93% of 1612 companies
in the Metals & Mining industry
Industry Median: 0.85 vs EFRMF: 0.59

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.

East Africa Metals's adjusted book value per share data for the three months ended in Dec. 2023 was $0.047. 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 $0.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


East Africa Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for East Africa 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.

* Premium members only.

East Africa Metals Cyclically Adjusted PB Ratio Chart

East Africa Metals Annual Data
Trend Jun12 Jun13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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East Africa Metals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 0.67 - 0.56 0.50 0.45

Competitive Comparison of East Africa Metals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, East Africa 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.


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

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

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



East Africa 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.

East Africa Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.08/0.12
=0.67

* 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.

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

For example, East Africa Metals'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)
=0.047/125.4675*125.4675
=0.047

Current CPI (Dec. 2023) = 125.4675.

East Africa Metals Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.000 96.945 0.000
201403 0.401 98.604 0.510
201406 0.300 99.473 0.378
201409 0.288 99.394 0.364
201412 0.235 98.367 0.300
201503 0.207 99.789 0.260
201506 0.196 100.500 0.245
201509 0.181 100.421 0.226
201512 0.163 99.947 0.205
201603 0.151 101.054 0.187
201606 0.140 102.002 0.172
201609 0.132 101.765 0.163
201612 0.124 101.449 0.153
201703 0.118 102.634 0.144
201706 0.105 103.029 0.128
201709 0.104 103.345 0.126
201712 0.095 103.345 0.115
201803 0.092 105.004 0.110
201806 0.084 105.557 0.100
201809 0.079 105.636 0.094
201812 0.077 105.399 0.092
201903 0.076 106.979 0.089
201906 0.075 107.690 0.087
201909 0.072 107.611 0.084
201912 0.074 107.769 0.086
202003 0.074 107.927 0.086
202006 0.072 108.401 0.083
202009 0.070 108.164 0.081
202012 0.065 108.559 0.075
202103 0.071 110.298 0.081
202106 0.072 111.720 0.081
202109 0.069 112.905 0.077
202112 0.064 113.774 0.071
202203 0.061 117.646 0.065
202206 0.060 120.806 0.062
202209 0.060 120.648 0.062
202212 0.000 120.964 0.000
202306 0.051 124.203 0.052
202309 0.049 125.230 0.049
202312 0.047 125.468 0.047

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.


East Africa Metals  (OTCPK:EFRMF) 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.


East Africa Metals Cyclically Adjusted PB Ratio Related Terms

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


East Africa Metals (East Africa Metals) Business Description

Traded in Other Exchanges
Address
777 Dunsmuir Street, 17th Floor, Vancouver, BC, CAN, V7Y 1K4
East Africa Metals Inc is a mineral exploration company focused on the identification, acquisition, exploration, development, and/or sale of base and precious mineral resource properties in Ethiopia and Tanzania. The company's mineral properties consist of one project in Ethiopia, the Harvest Project, Adyabo Project, and one project in Tanzania, the Handeni and Other Properties. The geographical segments of the company include Canada, Tanzania, and Ethiopia. It has one reportable segment Exploration and Development of Mineral Properties.

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