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GWMGF (Great Western Minerals Group) Cyclically Adjusted PB Ratio : (As of Sep. 26, 2024)


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What is Great Western Minerals Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Great Western Minerals Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Great Western Minerals Group'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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Great Western Minerals Group Cyclically Adjusted PB Ratio Chart

Great Western Minerals Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PB Ratio
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Great Western Minerals Group Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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Competitive Comparison of Great Western Minerals Group's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Great Western Minerals Group'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.


Great Western Minerals Group's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Great Western Minerals Group 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.

Great Western Minerals Group's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2014 is calculated as:

For example, Great Western Minerals Group'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)
=-0.063/99.3943*99.3943
=-0.063

Current CPI (Sep. 2014) = 99.3943.

Great Western Minerals Group Quarterly Data

Book Value per Share CPI Adj_Book
200412 0.089 83.276 0.106
200503 0.108 83.987 0.128
200506 0.106 84.461 0.125
200509 0.110 85.647 0.128
200512 0.140 85.015 0.164
200603 0.131 85.805 0.152
200606 0.133 86.516 0.153
200609 0.136 86.279 0.157
200612 0.158 86.437 0.182
200703 0.163 87.780 0.185
200706 0.176 88.412 0.198
200709 0.215 88.412 0.242
200712 0.228 88.491 0.256
200803 0.212 88.965 0.237
200806 0.200 91.177 0.218
200809 0.180 91.414 0.196
200812 0.119 89.518 0.132
200903 0.107 90.071 0.118
200906 0.121 90.940 0.132
200909 0.124 90.624 0.136
200912 0.129 90.703 0.141
201003 0.137 91.335 0.149
201006 0.128 91.809 0.139
201009 0.125 92.362 0.135
201012 0.145 92.836 0.155
201103 0.168 94.338 0.177
201106 0.170 94.654 0.179
201109 0.162 95.286 0.169
201112 0.104 94.970 0.109
201203 0.169 96.155 0.175
201206 0.155 96.076 0.160
201209 0.158 96.392 0.163
201212 0.061 95.760 0.063
201303 0.050 97.103 0.051
201306 0.029 97.182 0.030
201309 0.012 97.419 0.012
201312 -0.011 96.945 -0.011
201403 -0.027 98.604 -0.027
201406 -0.043 99.473 -0.043
201409 -0.063 99.394 -0.063

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.


Great Western Minerals Group  (OTCPK:GWMGF) 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.


Great Western Minerals Group Cyclically Adjusted PB Ratio Related Terms

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Great Western Minerals Group Business Description

Traded in Other Exchanges
N/A
Address
Unit 201B, 2121 Airport Drive, Saskatoon, SK, CAN, S7L 6W5
Great Western Minerals Group Ltd is a Canadian-based exploration and development company, which is engaged in the exploration and development of its rare earth elements (REE) property, and the manufacturing and marketing of products containing REE. The company operates as an integrated rare earth processor which manufactures specialty alloys used in the magnet, battery, defense and aerospace industries. It holds an interest in the Steenkampskraal monazite mine, located approximately 350 kilometers northwest of Cape Town, South Africa. Further, the group also holds an interest in Hoidas Lake rare earth mineral property in Canada.

Great Western Minerals Group Headlines

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