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Grizzly Discoveries (Grizzly Discoveries) Cyclically Adjusted PB Ratio : 0.19 (As of Jun. 05, 2024)


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What is Grizzly Discoveries Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Grizzly Discoveries's current share price is $0.0205. Grizzly Discoveries's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $0.11. Grizzly Discoveries's Cyclically Adjusted PB Ratio for today is 0.19.

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

GZDIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.41
Current: 0.19

During the past years, Grizzly Discoveries's highest Cyclically Adjusted PB Ratio was 0.41. The lowest was 0.00. And the median was 0.00.

GZDIF's Cyclically Adjusted PB Ratio is ranked better than
81.85% of 1625 companies
in the Metals & Mining industry
Industry Median: 0.88 vs GZDIF: 0.19

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.

Grizzly Discoveries's adjusted book value per share data for the three months ended in Jan. 2024 was $0.049. 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 $0.11 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grizzly Discoveries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Grizzly Discoveries'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.

Grizzly Discoveries Cyclically Adjusted PB Ratio Chart

Grizzly Discoveries Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.33 0.24 0.51 0.45

Grizzly Discoveries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.43 0.55 0.45 0.28 0.19

Competitive Comparison of Grizzly Discoveries's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Grizzly Discoveries'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.


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

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

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



Grizzly Discoveries 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.

Grizzly Discoveries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0205/0.11
=0.19

* 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.

Grizzly Discoveries's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Grizzly Discoveries's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.049/125.0724*125.0724
=0.049

Current CPI (Jan. 2024) = 125.0724.

Grizzly Discoveries Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.220 98.920 0.278
201407 0.216 99.315 0.272
201410 0.206 99.473 0.259
201501 0.190 98.209 0.242
201504 0.186 99.710 0.233
201507 0.177 100.579 0.220
201510 0.173 100.500 0.215
201601 0.157 100.184 0.196
201604 0.166 101.370 0.205
201607 0.120 101.844 0.147
201610 0.118 102.002 0.145
201701 0.118 102.318 0.144
201704 0.110 103.029 0.134
201707 0.116 103.029 0.141
201710 0.116 103.424 0.140
201801 0.116 104.056 0.139
201804 0.110 105.320 0.131
201807 0.083 106.110 0.098
201810 0.083 105.952 0.098
201901 0.080 105.557 0.095
201904 0.079 107.453 0.092
201907 0.078 108.243 0.090
201910 0.077 107.927 0.089
202001 0.077 108.085 0.089
202004 0.072 107.216 0.084
202007 0.064 108.401 0.074
202010 0.065 108.638 0.075
202101 0.067 109.192 0.077
202104 0.068 110.851 0.077
202107 0.065 112.431 0.072
202110 0.065 113.695 0.072
202201 0.063 114.801 0.069
202204 0.056 118.357 0.059
202207 0.054 120.964 0.056
202210 0.052 121.517 0.054
202301 0.052 121.596 0.053
202304 0.051 123.571 0.052
202307 0.051 124.914 0.051
202310 0.048 125.310 0.048
202401 0.049 125.072 0.049

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.


Grizzly Discoveries  (OTCPK:GZDIF) 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.


Grizzly Discoveries Cyclically Adjusted PB Ratio Related Terms

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


Grizzly Discoveries (Grizzly Discoveries) Business Description

Traded in Other Exchanges
Address
9768 170 Street NW, Suite 363, Edmonton, AB, CAN, T5T 5L4
Grizzly Discoveries Inc is an early-stage commodity exploration company. The company is engaged in the acquisition, exploration, and development of potash and diamonds on properties in Alberta, and various types of metals on properties in British Columbia. It holds an interest in the Robocop and Greenwood Project.

Grizzly Discoveries (Grizzly Discoveries) Headlines

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