GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cruz Battery Metals Corp (FRA:BR00) » Definitions » Cyclically Adjusted PB Ratio

Cruz Battery Metals (FRA:BR00) Cyclically Adjusted PB Ratio : (As of Jun. 25, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Cruz Battery Metals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cruz Battery Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cruz Battery 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.

Cruz Battery Metals Cyclically Adjusted PB Ratio Chart

Cruz Battery Metals Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.22 0.71 4.81 21.33

Cruz Battery 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 21.73 31.17 21.33 8.87 4.17

Competitive Comparison of Cruz Battery Metals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Cruz Battery 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.


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

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

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



Cruz Battery 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.

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

For example, Cruz Battery 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)
=0.022/125.0724*125.0724
=0.022

Current CPI (Jan. 2024) = 125.0724.

Cruz Battery Metals Quarterly Data

Book Value per Share CPI Adj_Book
201404 -0.055 98.920 -0.070
201407 -0.072 99.315 -0.091
201410 -0.089 99.473 -0.112
201501 -0.032 98.209 -0.041
201504 -0.052 99.710 -0.065
201507 -0.061 100.579 -0.076
201510 -0.065 100.500 -0.081
201601 -0.058 100.184 -0.072
201604 -0.065 101.370 -0.080
201607 -0.049 101.844 -0.060
201610 0.019 102.002 0.023
201701 0.020 102.318 0.024
201704 0.036 103.029 0.044
201707 0.035 103.029 0.042
201710 0.038 103.424 0.046
201801 0.047 104.056 0.056
201804 0.045 105.320 0.053
201807 0.040 106.110 0.047
201810 0.039 105.952 0.046
201901 0.037 105.557 0.044
201904 0.036 107.453 0.042
201907 0.029 108.243 0.034
201910 0.028 107.927 0.032
202001 0.027 108.085 0.031
202004 0.024 107.216 0.028
202007 0.022 108.401 0.025
202010 0.022 108.638 0.025
202101 0.022 109.192 0.025
202104 0.021 110.851 0.024
202107 0.023 112.431 0.026
202110 0.023 113.695 0.025
202201 0.023 114.801 0.025
202204 0.021 118.357 0.022
202207 0.019 120.964 0.020
202210 0.030 121.517 0.031
202301 0.026 121.596 0.027
202304 0.024 123.571 0.024
202307 0.024 124.914 0.024
202310 0.023 125.310 0.023
202401 0.022 125.072 0.022

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.


Cruz Battery Metals  (FRA:BR00) 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.


Cruz Battery Metals Cyclically Adjusted PB Ratio Related Terms

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


Cruz Battery Metals (FRA:BR00) Business Description

Traded in Other Exchanges
Address
700 West Georgia Street, Suite 2905, Vancouver, BC, CAN, V7Y1K8
Cruz Battery Metals Corp is an exploration company. Its principal business activities include acquiring and developing high-quality battery metals projects in ethical mining jurisdictions, essential for the rechargeable battery and renewable energy sectors. The projects of the company include War Eagle Cobalt, Diamond Project, Hector Cobalt Prospect, Other Cobalt Prospects, Yukon Quartz Claims, Idaho Cobal Belt Project, Idaho Star Cobalt Prospect, Nevada Clayton Valley W. Lithium Property, and Nevada Solar Lithium Project. The company operates in USA and Canada.

Cruz Battery Metals (FRA:BR00) Headlines

No Headlines