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Australian Mines (FRA:MJH) Cyclically Adjusted PB Ratio : (As of Jun. 03, 2025)


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What is Australian Mines Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Australian Mines Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Australian Mines'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.

Australian Mines Cyclically Adjusted PB Ratio Chart

Australian Mines Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 2.53 0.76 0.20 0.09

Australian Mines Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - 0.20 - 0.09 -

Competitive Comparison of Australian Mines's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Australian Mines'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.


Australian Mines's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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


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Australian Mines 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.

Australian Mines's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun24 is calculated as:

For example, Australian Mines's adjusted Book Value per Share data for the fiscal year that ended in Jun24 was:

Adj_Book=Book Value per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=0.021/128.9064*128.9064
=0.021

Current CPI (Jun24) = 128.9064.

Australian Mines Annual Data

Book Value per Share CPI Adj_Book
201506 0.016 99.838 0.021
201606 0.022 100.859 0.028
201706 0.032 102.809 0.040
201806 0.067 104.945 0.082
201906 0.067 106.617 0.081
202006 0.062 106.246 0.075
202106 0.058 110.332 0.068
202206 0.058 117.112 0.064
202306 0.041 124.170 0.043
202406 0.021 128.906 0.021

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.


Australian Mines  (FRA:MJH) 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.


Australian Mines Cyclically Adjusted PB Ratio Related Terms

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Australian Mines Business Description

Traded in Other Exchanges
Address
1 Eagle Street, Level 34, Brisbane, QLD, AUS, 4000
Australian Mines Ltd is a resource company. It is engaged in the exploration of battery metals. The company is developing cobalt-scandium-nickel projects in Australia. Its projects include the Sconi project, Flemington project, Thackaringa Cobalt project, and Bell Creek Nickel- cobalt Project. The company operates in two operating segments based on geographical location: Australia and Brazil.

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