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Montauk Metals (Montauk Metals) Cyclically Adjusted PB Ratio : 0.42 (As of Jun. 21, 2024)


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What is Montauk Metals Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Montauk Metals's current share price is $0.0169. Montauk Metals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.04. Montauk Metals's Cyclically Adjusted PB Ratio for today is 0.42.

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

GAYGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.34
Current: 0.07

During the past years, Montauk Metals's highest Cyclically Adjusted PB Ratio was 0.34. The lowest was 0.00. And the median was 0.00.

GAYGF's Cyclically Adjusted PB Ratio is ranked better than
93.09% of 1635 companies
in the Metals & Mining industry
Industry Median: 0.82 vs GAYGF: 0.07

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.

Montauk Metals's adjusted book value per share data for the three months ended in Mar. 2024 was $-0.018. 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 $0.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Montauk Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Montauk Metals'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.

Montauk Metals Cyclically Adjusted PB Ratio Chart

Montauk Metals 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 - - - 0.23 0.09

Montauk Metals 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 0.32 0.19 0.09 0.09 0.28

Competitive Comparison of Montauk Metals's Cyclically Adjusted PB Ratio

For the Gold subindustry, Montauk Metals'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.


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

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

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



Montauk Metals 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.

Montauk Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0169/0.04
=0.42

* 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.

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

For example, Montauk Metals'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)
=-0.018/126.2576*126.2576
=-0.018

Current CPI (Mar. 2024) = 126.2576.

Montauk Metals Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.305 99.473 0.387
201409 0.290 99.394 0.368
201412 0.285 98.367 0.366
201503 0.277 99.789 0.350
201506 0.270 100.500 0.339
201509 0.263 100.421 0.331
201512 0.234 99.947 0.296
201603 0.227 101.054 0.284
201606 0.221 102.002 0.274
201609 0.213 101.765 0.264
201612 0.207 101.449 0.258
201703 0.200 102.634 0.246
201706 0.194 103.029 0.238
201709 0.188 103.345 0.230
201712 0.182 103.345 0.222
201803 0.173 105.004 0.208
201806 0.167 105.557 0.200
201809 0.161 105.636 0.192
201812 0.154 105.399 0.184
201903 0.147 106.979 0.173
201906 0.137 107.690 0.161
201909 0.130 107.611 0.153
201912 0.122 107.769 0.143
202003 0.113 107.927 0.132
202006 0.109 108.401 0.127
202009 0.096 108.164 0.112
202012 0.082 108.559 0.095
202103 0.075 110.298 0.086
202106 0.060 111.720 0.068
202109 0.053 112.905 0.059
202112 0.048 113.774 0.053
202203 0.042 117.646 0.045
202206 0.023 120.806 0.024
202209 0.016 120.648 0.017
202212 0.005 120.964 0.005
202303 0.002 122.702 0.002
202306 -0.002 124.203 -0.002
202309 -0.010 125.230 -0.010
202312 -0.017 125.072 -0.017
202403 -0.018 126.258 -0.018

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.


Montauk Metals  (OTCPK:GAYGF) 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.


Montauk Metals Cyclically Adjusted PB Ratio Related Terms

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


Montauk Metals (Montauk Metals) Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, Suite 200, Toronto, ON, CAN, M5C 1P1
Montauk Metals Inc Formerly Galway Gold Inc is an exploration-stage company. It is engaged in the acquisition, exploration, and development of mineral resource properties. The company's mineral property is the Vetas Project.