EXPL (Endurance Exploration Group) Cyclically Adjusted PB Ratio: (As of Jul. 03, 2026)


What is Endurance Exploration Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Endurance Exploration Group  (OTCPK:EXPL) 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.


Endurance Exploration Group Cyclically Adjusted PB Ratio Related Terms


Endurance Exploration Group Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Endurance Exploration Group'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.

Endurance Exploration Group Cyclically Adjusted PB Ratio Chart

Endurance Exploration Group Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Endurance Exploration Group Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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

EXPL vs NESCQ, SENR, HDII: Cyclically Adjusted PB Ratio Comparison

For the Waste Management subindustry, Endurance Exploration Group'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.


Endurance Exploration Group Cyclically Adjusted PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Endurance Exploration Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Endurance Exploration Group 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.

Endurance Exploration Group's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, Endurance Exploration Group's adjusted Book Value per Share data for the three months ended in Sep. 2018 was:

Adj_Book=Book Value per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=-0.002/252.4390*252.4390
=-0.002

Current CPI (Sep. 2018) = 252.4390.

Endurance Exploration Group Quarterly Data

Book Value per Share CPI Adj_Book
200810 0.334 216.573 0.389
200901 -0.145 211.143 -0.173
200904 -0.145 213.240 -0.172
200907 -0.145 215.351 -0.170
200910 -0.145 216.177 -0.169
201001 -0.145 216.687 -0.169
201004 -0.145 218.009 -0.168
201007 -0.145 218.011 -0.168
201010 -0.145 218.711 -0.167
201101 -0.145 220.223 -0.166
201104 -0.158 224.906 -0.177
201107 -0.158 225.922 -0.177
201110 -0.159 226.421 -0.177
201201 -0.159 226.665 -0.177
201204 -0.162 230.085 -0.178
201207 -0.162 229.104 -0.179
201210 -0.162 231.317 -0.177
201301 -0.163 230.280 -0.179
201304 -0.177 232.531 -0.192
201307 -0.178 233.596 -0.192
201312 0.009 233.049 0.010
201403 0.005 236.293 0.005
201406 0.003 238.343 0.003
201409 -0.001 238.031 -0.001
201412 -0.004 234.812 -0.004
201503 0.002 236.119 0.002
201506 0.018 238.638 0.019
201509 0.011 237.945 0.012
201512 0.008 236.525 0.009
201603 0.006 238.132 0.006
201606 0.005 241.018 0.005
201609 0.003 241.428 0.003
201612 0.010 241.432 0.010
201703 0.008 243.801 0.008
201706 0.005 244.955 0.005
201709 0.003 246.819 0.003
201712 0.002 246.524 0.002
201803 0.001 249.554 0.001
201806 -0.001 251.989 -0.001
201809 -0.002 252.439 -0.002

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.


Endurance Exploration Group Business Description

Address 15500 Roosevelt Boulevard, Suite 301, Clearwater, FL, USA, 33760
Endurance Exploration Group Inc is engaged in the exploration and recovery of deep-ocean shipwrecks across various countries. The company is focused on recovering bullion precious metals numismatic-grade coinage, high-value non-ferrous metals and other valuable cargos from both historic and modern shipwrecks. Its project consists of Project Connaught and Project Black Marlin. The Project Connaught is a steam-powered packet ship that transport cargo and passengers between Great Britain and the United States. Its Project Black Marlin is a vessel engaged in the trading activities.