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CanAm Coal (FRA:RHE) Cyclically Adjusted PB Ratio : (As of May. 28, 2024)


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What is CanAm Coal 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


CanAm Coal Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CanAm Coal'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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CanAm Coal Cyclically Adjusted PB Ratio Chart

CanAm Coal Annual Data
Trend Jan04 Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Dec12 Dec13
Cyclically Adjusted PB Ratio
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CanAm Coal Quarterly Data
Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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Competitive Comparison of CanAm Coal's Cyclically Adjusted PB Ratio

For the Thermal Coal subindustry, CanAm Coal'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.


CanAm Coal's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, CanAm Coal's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



CanAm Coal 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.

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

For example, CanAm Coal'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)
=0.004/99.3943*99.3943
=0.004

Current CPI (Sep. 2014) = 99.3943.

CanAm Coal Quarterly Data

Book Value per Share CPI Adj_Book
200410 0.118 83.118 0.141
200501 0.110 83.197 0.131
200504 0.108 84.224 0.127
200507 0.114 84.619 0.134
200510 0.114 85.252 0.133
200601 0.108 85.489 0.126
200604 0.104 86.279 0.120
200607 0.097 86.595 0.111
200610 0.096 86.121 0.111
200701 0.090 86.437 0.103
200704 0.085 88.175 0.096
200707 0.092 88.491 0.103
200710 0.088 88.175 0.099
200801 0.083 88.333 0.093
200804 0.078 89.676 0.086
200807 0.074 91.493 0.080
200810 0.080 90.466 0.088
200901 0.071 89.281 0.079
200904 0.068 89.992 0.075
200907 0.067 90.624 0.073
200910 0.046 90.545 0.050
201001 0.045 90.940 0.049
201004 0.049 91.651 0.053
201007 0.051 92.283 0.055
201010 0.050 92.757 0.054
201101 0.037 93.074 0.040
201104 0.045 94.654 0.047
201107 0.054 94.812 0.057
201110 0.056 95.444 0.058
201203 0.052 96.155 0.054
201206 0.050 96.076 0.052
201209 0.034 96.392 0.035
201212 0.010 95.760 0.010
201303 0.001 97.103 0.001
201306 0.002 97.182 0.002
201309 -0.004 97.419 -0.004
201312 -0.020 96.945 -0.021
201403 -0.022 98.604 -0.022
201406 -0.022 99.473 -0.022
201409 0.004 99.394 0.004

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.


CanAm Coal  (FRA:RHE) 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.


CanAm Coal Cyclically Adjusted PB Ratio Related Terms

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CanAm Coal (FRA:RHE) Business Description

Traded in Other Exchanges
N/A
Address
1201-5th Street S W, Suite 202, Calgary, AB, CAN, T2R 0Y6
CanAm Coal Corp acquires, explores and develops coal resources and resource related technologies. It owns and operates coal mines in Alabama. It also evaluates on an ongoing basis other coal and related opportunities.

CanAm Coal (FRA:RHE) Headlines

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