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Panoro Minerals (FRA:PZM) Cyclically Adjusted PB Ratio : 0.46 (As of May. 12, 2024)


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What is Panoro Minerals Cyclically Adjusted PB Ratio?

As of today (2024-05-12), Panoro Minerals's current share price is €0.065. Panoro Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €0.14. Panoro Minerals's Cyclically Adjusted PB Ratio for today is 0.46.

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

FRA:PZM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.45
Current: 0.38

During the past years, Panoro Minerals's highest Cyclically Adjusted PB Ratio was 0.45. The lowest was 0.00. And the median was 0.00.

FRA:PZM's Cyclically Adjusted PB Ratio is ranked better than
68.92% of 1615 companies
in the Metals & Mining industry
Industry Median: 0.86 vs FRA:PZM: 0.38

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.

Panoro Minerals's adjusted book value per share data for the three months ended in Dec. 2023 was €0.133. 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 €0.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Panoro Minerals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Panoro 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.

* Premium members only.

Panoro Minerals Cyclically Adjusted PB Ratio Chart

Panoro Minerals 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 0.25 0.54 0.49 0.44 0.43

Panoro Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.44 0.40 0.47 0.41 0.43

Competitive Comparison of Panoro Minerals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Panoro 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.


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

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

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



Panoro 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.

Panoro Minerals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.065/0.14
=0.46

* 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.

Panoro Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Panoro Minerals's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.133/125.4675*125.4675
=0.133

Current CPI (Dec. 2023) = 125.4675.

Panoro Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.215 98.604 0.274
201406 0.224 99.473 0.283
201409 0.226 99.394 0.285
201412 0.226 98.367 0.288
201503 0.233 99.789 0.293
201506 0.227 100.500 0.283
201509 0.208 100.421 0.260
201512 0.200 99.947 0.251
201603 0.208 101.054 0.258
201606 0.204 102.002 0.251
201609 0.189 101.765 0.233
201612 0.195 101.449 0.241
201703 0.191 102.634 0.233
201706 0.185 103.029 0.225
201709 0.182 103.345 0.221
201712 0.184 103.345 0.223
201803 0.171 105.004 0.204
201806 0.174 105.557 0.207
201809 0.176 105.636 0.209
201812 0.168 105.399 0.200
201903 0.174 106.979 0.204
201906 0.165 107.690 0.192
201909 0.166 107.611 0.194
201912 0.167 107.769 0.194
202003 0.151 107.927 0.176
202006 0.159 108.401 0.184
202009 0.153 108.164 0.177
202012 0.153 108.559 0.177
202103 0.158 110.298 0.180
202106 0.148 111.720 0.166
202109 0.145 112.905 0.161
202112 0.135 113.774 0.149
202203 0.154 117.646 0.164
202206 0.152 120.806 0.158
202209 0.151 120.648 0.157
202212 0.143 120.964 0.148
202303 0.139 122.702 0.142
202306 0.137 124.203 0.138
202309 0.136 125.230 0.136
202312 0.133 125.468 0.133

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.


Panoro Minerals  (FRA:PZM) 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.


Panoro Minerals Cyclically Adjusted PB Ratio Related Terms

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


Panoro Minerals (FRA:PZM) Business Description

Traded in Other Exchanges
Address
505 Burrard Street, Suite 480, One Bentall Centre, Vancouver, BC, CAN, V7X 1M3
Panoro Minerals Ltd is a Canada-based exploration stage company engaged in the exploration and acquisition of mineral properties. The organization has one operating segment, Mineral exploration. The company's projects include Antilla, Cotabambas, and others. All of the company's exploration and evaluation assets are located in Peru.

Panoro Minerals (FRA:PZM) Headlines

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