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Discovery Silver (FRA:1CU0) Cyclically Adjusted PB Ratio : (As of May. 16, 2024)


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What is Discovery Silver Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Discovery Silver Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Discovery Silver'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.

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Discovery Silver Cyclically Adjusted PB Ratio Chart

Discovery Silver Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Discovery Silver Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Discovery Silver's Cyclically Adjusted PB Ratio

For the Silver subindustry, Discovery Silver'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.


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

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

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



Discovery Silver 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.

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

For example, Discovery Silver'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)
=0.223/125.0724*125.0724
=0.223

Current CPI (Dec. 2023) = 125.0724.

Discovery Silver Quarterly Data

Book Value per Share CPI Adj_Book
201311 -3.682 97.182 -4.739
201402 -3.532 98.051 -4.505
201405 -3.018 99.394 -3.798
201408 -2.755 99.315 -3.470
201411 -2.909 99.078 -3.672
201502 -2.969 99.078 -3.748
201505 -3.175 100.263 -3.961
201508 -3.047 100.579 -3.789
201511 -3.209 100.421 -3.997
201602 -3.063 100.421 -3.815
201605 -3.282 101.765 -4.034
201608 0.022 101.686 0.027
201611 0.022 101.607 0.027
201702 0.019 102.476 0.023
201705 0.011 103.108 0.013
201708 0.156 103.108 0.189
201803 0.114 105.004 0.136
201806 0.099 105.557 0.117
201809 0.082 105.636 0.097
201812 0.070 105.399 0.083
201903 0.064 106.979 0.075
201906 0.056 107.690 0.065
201909 0.156 107.611 0.181
201912 0.171 107.769 0.198
202003 0.144 107.927 0.167
202006 0.178 108.401 0.205
202009 0.237 108.164 0.274
202012 0.233 108.559 0.268
202103 0.252 110.298 0.286
202106 0.240 111.720 0.269
202109 0.222 112.905 0.246
202112 0.221 113.774 0.243
202203 0.211 117.646 0.224
202206 0.211 120.806 0.218
202209 0.210 120.648 0.218
202212 0.176 120.964 0.182
202303 0.169 122.702 0.172
202306 0.234 124.203 0.236
202309 0.233 125.230 0.233
202312 0.223 125.072 0.223

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.


Discovery Silver  (FRA:1CU0) 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.


Discovery Silver Cyclically Adjusted PB Ratio Related Terms

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Discovery Silver (FRA:1CU0) Business Description

Traded in Other Exchanges
Address
55 University Avenue, Suite 701, Toronto, ON, CAN, M5J 2H7
Discovery Silver Corp is an exploration and development company building a large-scale, high-margin silver asset in Mexico. Its flagship project is the Cordero project, one of the few silver projects globally that offer margin, size, and scalability. The project is located in a prolific mining belt in Chihuahua State, Mexico. It has one segment, which is involved in the exploration and development of polymetallic mineral deposits.

Discovery Silver (FRA:1CU0) Headlines

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