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Nouveau Monde Graphite (FRA:NM9A) Cyclically Adjusted PB Ratio : 2.04 (As of Jun. 24, 2024)


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What is Nouveau Monde Graphite Cyclically Adjusted PB Ratio?

As of today (2024-06-24), Nouveau Monde Graphite's current share price is €1.694. Nouveau Monde Graphite's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.83. Nouveau Monde Graphite's Cyclically Adjusted PB Ratio for today is 2.04.

The historical rank and industry rank for Nouveau Monde Graphite's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:NM9A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.33
Current: 2.08

During the past years, Nouveau Monde Graphite's highest Cyclically Adjusted PB Ratio was 3.33. The lowest was 0.00. And the median was 0.00.

FRA:NM9A's Cyclically Adjusted PB Ratio is ranked worse than
74.56% of 1635 companies
in the Metals & Mining industry
Industry Median: 0.82 vs FRA:NM9A: 2.08

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Nouveau Monde Graphite's adjusted book value per share data for the three months ended in Mar. 2024 was €0.615. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €0.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nouveau Monde Graphite Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nouveau Monde Graphite'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.

Nouveau Monde Graphite Cyclically Adjusted PB Ratio Chart

Nouveau Monde Graphite 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 - - 8.19 4.21 2.74

Nouveau Monde Graphite 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 5.61 3.31 2.86 2.74 2.47

Competitive Comparison of Nouveau Monde Graphite's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Nouveau Monde Graphite'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.


Nouveau Monde Graphite's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Nouveau Monde Graphite's Cyclically Adjusted PB Ratio falls into.



Nouveau Monde Graphite 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.

Nouveau Monde Graphite's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.694/0.83
=2.04

* 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.

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

For example, Nouveau Monde Graphite'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)
=0.615/126.2576*126.2576
=0.615

Current CPI (Mar. 2024) = 126.2576.

Nouveau Monde Graphite Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.533 99.473 0.677
201409 0.602 99.394 0.765
201412 0.409 98.367 0.525
201503 0.380 99.789 0.481
201506 0.410 100.500 0.515
201509 0.579 100.421 0.728
201512 0.517 99.947 0.653
201603 0.479 101.054 0.598
201606 0.649 102.002 0.803
201609 0.671 101.765 0.832
201612 0.725 101.449 0.902
201703 0.789 102.634 0.971
201706 0.671 103.029 0.822
201709 0.840 103.345 1.026
201712 0.956 103.345 1.168
201803 0.871 105.004 1.047
201806 0.912 105.557 1.091
201809 0.961 105.636 1.149
201812 0.122 105.399 0.146
201903 0.845 106.979 0.997
201906 1.038 107.690 1.217
201909 1.026 107.611 1.204
201912 0.176 107.769 0.206
202003 0.877 107.927 1.026
202006 0.837 108.401 0.975
202009 0.773 108.164 0.902
202012 -0.125 108.559 -0.145
202103 0.514 110.298 0.588
202106 1.334 111.720 1.508
202109 1.404 112.905 1.570
202112 1.326 113.774 1.471
202203 1.210 117.646 1.299
202206 1.130 120.806 1.181
202209 1.012 120.648 1.059
202212 0.899 120.964 0.938
202303 0.605 122.702 0.623
202306 0.925 124.203 0.940
202309 0.777 125.230 0.783
202312 0.611 125.072 0.617
202403 0.615 126.258 0.615

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.


Nouveau Monde Graphite  (FRA:NM9A) 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.


Nouveau Monde Graphite Cyclically Adjusted PB Ratio Related Terms

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


Nouveau Monde Graphite (FRA:NM9A) Business Description

Traded in Other Exchanges
Address
481 Brassard Street, Saint-Michel-des-Saints, QC, CAN, J0K 3B0
Nouveau Monde Graphite Inc is a mineral exploration company. The company specializes in the exploration, evaluation, and development of mineral properties located in Quebec and is developing a natural graphite-based anode material that would qualify as battery-grade material to supply the lithium-ion industry. The company currently operates in two segments: the Matawinie Mine Project and the Battery Material Plant project.

Nouveau Monde Graphite (FRA:NM9A) Headlines

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