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Romarco Minerals (FRA:M1R) Cyclically Adjusted PB Ratio : (As of Jun. 21, 2024)


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What is Romarco Minerals 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


Romarco Minerals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Romarco Minerals'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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Romarco Minerals Cyclically Adjusted PB Ratio Chart

Romarco Minerals Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PB Ratio
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Romarco Minerals Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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Competitive Comparison of Romarco Minerals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Romarco Minerals'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.


Romarco Minerals's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Romarco Minerals 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.

Romarco Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2015 is calculated as:

For example, Romarco Minerals's adjusted Book Value per Share data for the three months ended in Jun. 2015 was:

Adj_Book=Book Value per Share/CPI of Jun. 2015 (Change)*Current CPI (Jun. 2015)
=0.356/100.5004*100.5004
=0.356

Current CPI (Jun. 2015) = 100.5004.

Romarco Minerals Quarterly Data

Book Value per Share CPI Adj_Book
200509 0.132 85.647 0.155
200512 0.058 85.015 0.069
200603 0.074 85.805 0.087
200606 0.064 86.516 0.074
200609 0.129 86.279 0.150
200612 0.076 86.437 0.088
200703 0.074 87.780 0.085
200706 0.076 88.412 0.086
200709 0.083 88.412 0.094
200712 0.064 88.491 0.073
200803 0.078 88.965 0.088
200806 0.061 91.177 0.067
200809 0.084 91.414 0.092
200812 0.066 89.518 0.074
200903 0.127 90.071 0.142
200906 0.094 90.940 0.104
200909 0.173 90.624 0.192
200912 0.154 90.703 0.171
201003 0.168 91.335 0.185
201006 0.393 91.809 0.430
201009 0.348 92.362 0.379
201012 0.206 92.836 0.223
201103 0.245 94.338 0.261
201106 0.236 94.654 0.251
201109 0.244 95.286 0.257
201112 0.329 94.970 0.348
201203 0.325 96.155 0.340
201206 0.338 96.076 0.354
201209 0.327 96.392 0.341
201212 0.318 95.760 0.334
201303 0.318 97.103 0.329
201306 0.309 97.182 0.320
201309 0.301 97.419 0.311
201312 0.286 96.945 0.296
201403 0.281 98.604 0.286
201406 0.284 99.473 0.287
201409 0.296 99.394 0.299
201412 0.310 98.367 0.317
201503 0.371 99.789 0.374
201506 0.356 100.500 0.356

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.


Romarco Minerals  (FRA:M1R) 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.


Romarco Minerals Cyclically Adjusted PB Ratio Related Terms

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Romarco Minerals (FRA:M1R) Business Description

Traded in Other Exchanges
N/A
Address
Romarco Minerals Inc., was amalgamated under the laws of Ontario pursuant to the Business Corporations Act (Ontario) by Articles of Amalgamation dated July 11, 1995 pursuant to the terms of an amalgamation agreement dated May 12, 1995 between Romarco Holdings Inc. and Winstaff Ventures Ltd. It is an exploration and development stage mining company engaged in the acquisition, exploration and development of precious metals mineral properties. The Company's principal property is the Haile project in South Carolina.

Romarco Minerals (FRA:M1R) Headlines

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