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Encanto Potash (FRA:EOCA) Cyclically Adjusted PB Ratio : (As of Jun. 25, 2024)


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What is Encanto Potash Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Encanto Potash Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Encanto Potash'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.

Encanto Potash Cyclically Adjusted PB Ratio Chart

Encanto Potash Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.10 0.13 0.12 0.04

Encanto Potash Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.12 0.09 0.08 0.04 0.07

Competitive Comparison of Encanto Potash's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Encanto Potash'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.


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

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

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



Encanto Potash 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.

Encanto Potash's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Encanto Potash's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.44/126.2576*126.2576
=-0.440

Current CPI (Mar. 2024) = 126.2576.

Encanto Potash Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.627 99.473 0.796
201409 0.637 99.394 0.809
201412 0.506 98.367 0.649
201503 0.509 99.789 0.644
201506 0.502 100.500 0.631
201509 0.404 100.421 0.508
201512 0.352 99.947 0.445
201603 0.349 101.054 0.436
201606 0.366 102.002 0.453
201609 0.327 101.765 0.406
201612 0.198 101.449 0.246
201703 0.181 102.634 0.223
201706 0.160 103.029 0.196
201709 0.152 103.345 0.186
201712 0.142 103.345 0.173
201803 0.125 105.004 0.150
201806 0.121 105.557 0.145
201809 0.121 105.636 0.145
201812 -0.332 105.399 -0.398
201903 0.106 106.979 0.125
201906 0.103 107.690 0.121
201909 0.099 107.611 0.116
201912 -0.397 107.769 -0.465
202003 0.050 107.927 0.058
202006 0.046 108.401 0.054
202009 0.042 108.164 0.049
202012 -0.385 108.559 -0.448
202103 -0.409 110.298 -0.468
202106 -0.369 111.720 -0.417
202109 -0.375 112.905 -0.419
202112 -0.405 113.774 -0.449
202203 -0.422 117.646 -0.453
202206 -0.445 120.806 -0.465
202209 -0.453 120.648 -0.474
202212 -0.418 120.964 -0.436
202303 -0.417 122.702 -0.429
202306 -0.431 124.203 -0.438
202309 -0.436 125.230 -0.440
202312 -0.436 125.072 -0.440
202403 -0.440 126.258 -0.440

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.


Encanto Potash  (FRA:EOCA) 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.


Encanto Potash Cyclically Adjusted PB Ratio Related Terms

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Encanto Potash (FRA:EOCA) Business Description

Traded in Other Exchanges
Address
3123 - 595 Burrard Street, Vancouver, BC, CAN, V7X 1J1
Encanto Potash Corp is a Canadian-based company involved in the industrial metals and mining business sector. The company is engaged in the exploration and development of potash properties in the Province of Saskatchewan. It focuses on the Muskowekwan First Nation potash mineral deposits located on the reserve lands approximately 100 km north of Regina, Saskatchewan.

Encanto Potash (FRA:EOCA) Headlines

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