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Zonte Metals (Zonte Metals) Cyclically Adjusted PB Ratio : 1.33 (As of Jun. 23, 2024)


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What is Zonte Metals Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Zonte Metals's current share price is $0.053. Zonte Metals's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $0.04. Zonte Metals's Cyclically Adjusted PB Ratio for today is 1.33.

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

EREPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.84
Current: 1.99

During the past years, Zonte Metals's highest Cyclically Adjusted PB Ratio was 2.84. The lowest was 0.00. And the median was 0.00.

EREPF's Cyclically Adjusted PB Ratio is ranked worse than
75.05% of 1635 companies
in the Metals & Mining industry
Industry Median: 0.82 vs EREPF: 1.99

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.

Zonte Metals's adjusted book value per share data for the three months ended in Jan. 2024 was $0.042. 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 $0.04 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zonte Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zonte 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.

Zonte Metals Cyclically Adjusted PB Ratio Chart

Zonte Metals Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.73 6.22 6.67 3.05 1.99

Zonte Metals Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3.05 2.68 1.93 1.62 1.99

Competitive Comparison of Zonte Metals's Cyclically Adjusted PB Ratio

For the Gold subindustry, Zonte 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.


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

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

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



Zonte 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.053/0.04
=1.33

* 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.

Zonte Metals's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Zonte Metals's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.042/125.0724*125.0724
=0.042

Current CPI (Jan. 2024) = 125.0724.

Zonte Metals Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.012 98.920 0.015
201407 0.017 99.315 0.021
201410 0.014 99.473 0.018
201501 0.004 98.209 0.005
201504 0.002 99.710 0.003
201507 -0.001 100.579 -0.001
201510 -0.003 100.500 -0.004
201601 -0.004 100.184 -0.005
201604 -0.007 101.370 -0.009
201607 -0.009 101.844 -0.011
201610 -0.011 102.002 -0.013
201701 -0.012 102.318 -0.015
201704 0.014 103.029 0.017
201707 0.015 103.029 0.018
201710 0.017 103.424 0.021
201801 0.020 104.056 0.024
201804 0.019 105.320 0.023
201807 0.016 106.110 0.019
201810 0.015 105.952 0.018
201901 0.035 105.557 0.041
201904 0.035 107.453 0.041
201907 0.035 108.243 0.040
201910 0.036 107.927 0.042
202001 0.047 108.085 0.054
202004 0.046 107.216 0.054
202007 0.049 108.401 0.057
202010 0.051 108.638 0.059
202101 0.052 109.192 0.060
202104 0.052 110.851 0.059
202107 0.051 112.431 0.057
202110 0.051 113.695 0.056
202201 0.049 114.801 0.053
202204 0.048 118.357 0.051
202207 0.046 120.964 0.048
202210 0.043 121.517 0.044
202301 0.042 121.596 0.043
202304 0.042 123.571 0.043
202307 0.042 124.914 0.042
202310 0.040 125.310 0.040
202401 0.042 125.072 0.042

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.


Zonte Metals  (OTCPK:EREPF) 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.


Zonte Metals Cyclically Adjusted PB Ratio Related Terms

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


Zonte Metals (Zonte Metals) Business Description

Traded in Other Exchanges
Address
20 Fielding Avenue, Dartmouth, NS, CAN, B3B 1E1
Zonte Metals Inc is a Canada-based junior mineral exploration company focused on gold. The company holds interest in various projects namely Wings Point, McConnell's Jest, and Cross Hills.

Zonte Metals (Zonte Metals) Headlines