GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Victory Mountain Ventures Ltd (FRA:NIM1) » Definitions » Cyclically Adjusted PB Ratio

Victory Mountain Ventures (FRA:NIM1) Cyclically Adjusted PB Ratio : (As of Jun. 19, 2024)


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

What is Victory Mountain Ventures 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


Victory Mountain Ventures Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Victory Mountain Ventures'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.

Victory Mountain Ventures Cyclically Adjusted PB Ratio Chart

Victory Mountain Ventures Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Victory Mountain Ventures Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 - - - - -

Competitive Comparison of Victory Mountain Ventures's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Victory Mountain Ventures'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.


Victory Mountain Ventures's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Victory Mountain Ventures's Cyclically Adjusted PB Ratio falls into.



Victory Mountain Ventures 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.

Victory Mountain Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2014 is calculated as:

For example, Victory Mountain Ventures's adjusted Book Value per Share data for the three months ended in Sep. 2014 was:

Adj_Book=Book Value per Share/CPI of Sep. 2014 (Change)*Current CPI (Sep. 2014)
=-0.087/99.3943*99.3943
=-0.087

Current CPI (Sep. 2014) = 99.3943.

Victory Mountain Ventures Quarterly Data

Book Value per Share CPI Adj_Book
200412 0.083 83.276 0.099
200503 0.404 83.987 0.478
200506 0.374 84.461 0.440
200509 0.383 85.647 0.444
200512 1.124 85.015 1.314
200603 1.406 85.805 1.629
200606 3.577 86.516 4.109
200609 58.778 86.279 67.713
200612 1.576 86.437 1.812
200703 1.587 87.780 1.797
200706 2.859 88.412 3.214
200709 1.413 88.412 1.589
200712 2.382 88.491 2.675
200803 1.765 88.965 1.972
200806 2.222 91.177 2.422
200809 2.153 91.414 2.341
200812 3.148 89.518 3.495
200903 1.652 90.071 1.823
200906 1.516 90.940 1.657
200909 1.547 90.624 1.697
200912 1.479 90.703 1.621
201003 1.582 91.335 1.722
201006 1.614 91.809 1.747
201009 1.512 92.362 1.627
201012 0.448 92.836 0.480
201103 0.372 94.338 0.392
201106 0.422 94.654 0.443
201109 0.379 95.286 0.395
201112 -0.059 94.970 -0.062
201203 -0.071 96.155 -0.073
201206 -0.101 96.076 -0.104
201209 -0.056 96.392 -0.058
201212 -0.055 95.760 -0.057
201303 -0.074 97.103 -0.076
201306 -0.068 97.182 -0.070
201309 -0.068 97.419 -0.069
201312 -0.079 96.945 -0.081
201403 -0.083 98.604 -0.084
201406 -0.077 99.473 -0.077
201409 -0.087 99.394 -0.087

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.


Victory Mountain Ventures  (FRA:NIM1) 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.


Victory Mountain Ventures Cyclically Adjusted PB Ratio Related Terms

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


Victory Mountain Ventures (FRA:NIM1) Business Description

Traded in Other Exchanges
N/A
Address
Victory Mountain Ventures Ltd was incorporated as North American Gem Inc. under the Business Corporations Act of Alberta, Canada. The Company is a mineral exploration company. It conducts acquisition, exploration and development of mineral properties.

Victory Mountain Ventures (FRA:NIM1) Headlines

No Headlines