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Cache Exploration (FRA:BCX) Cyclically Adjusted PB Ratio : (As of Jun. 19, 2024)


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What is Cache Exploration Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cache Exploration Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cache Exploration'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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Cache Exploration Cyclically Adjusted PB Ratio Chart

Cache Exploration Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Cyclically Adjusted PB Ratio
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Cache Exploration Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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Competitive Comparison of Cache Exploration's Cyclically Adjusted PB Ratio

For the Gold subindustry, Cache Exploration'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.


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

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

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



Cache Exploration 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.

Cache Exploration's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2020 is calculated as:

For example, Cache Exploration's adjusted Book Value per Share data for the three months ended in Dec. 2020 was:

Adj_Book=Book Value per Share/CPI of Dec. 2020 (Change)*Current CPI (Dec. 2020)
=0.041/108.5594*108.5594
=0.041

Current CPI (Dec. 2020) = 108.5594.

Cache Exploration Quarterly Data

Book Value per Share CPI Adj_Book
201103 3.157 94.338 3.633
201106 3.089 94.654 3.543
201109 0.867 95.286 0.988
201112 0.673 94.970 0.769
201203 0.563 96.155 0.636
201206 0.529 96.076 0.598
201209 0.383 96.392 0.431
201212 0.182 95.760 0.206
201303 0.101 97.103 0.113
201306 0.041 97.182 0.046
201309 0.013 97.419 0.014
201312 -0.003 96.945 -0.003
201403 -0.044 98.604 -0.048
201406 -0.034 99.473 -0.037
201409 0.034 99.394 0.037
201412 0.016 98.367 0.018
201503 0.005 99.789 0.005
201506 0.001 100.500 0.001
201509 -0.005 100.421 -0.005
201512 -0.008 99.947 -0.009
201603 -0.016 101.054 -0.017
201606 -0.024 102.002 -0.026
201609 0.018 101.765 0.019
201612 0.011 101.449 0.012
201703 0.040 102.634 0.042
201706 0.011 103.029 0.012
201709 0.111 103.345 0.117
201712 0.132 103.345 0.139
201803 0.111 105.004 0.115
201806 0.111 105.557 0.114
201809 0.097 105.636 0.100
201812 0.087 105.399 0.090
201903 0.079 106.979 0.080
201906 0.073 107.690 0.074
201909 0.063 107.611 0.064
201912 0.057 107.769 0.057
202003 0.054 107.927 0.054
202006 0.046 108.401 0.046
202009 0.031 108.164 0.031
202012 0.041 108.559 0.041

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.


Cache Exploration  (FRA:BCX) 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.


Cache Exploration Cyclically Adjusted PB Ratio Related Terms

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Cache Exploration (FRA:BCX) Business Description

Traded in Other Exchanges
N/A
Address
213 - 333 Terminal Avenue, Vancouver, BC, CAN, V6A 4C1
Cache Exploration Inc is a gold focused company that holds and operates the Kiyuk Lake Property which covers 590km2 in SW Nunavut: the project features number of gold bearing prospects including 2017 identification of 8m of 26.4 g/t gold at the Rusty Zone and extensive mineralization at East Gold Point with 64 m at 1.5 g/t gold and 10 m at 6.5 g/t gold.