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Kore Potash (LSE:KP2) Cyclically Adjusted PB Ratio : (As of Jun. 01, 2024)


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What is Kore Potash Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kore Potash Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kore Potash'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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Kore Potash Cyclically Adjusted PB Ratio Chart

Kore Potash Annual Data
Trend Dec14 Dec15 Dec16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Kore Potash Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Kore Potash's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Kore Potash'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.


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

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

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



Kore Potash 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.

Kore Potash's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Kore Potash's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.04/125.3000*125.3000
=0.040

Current CPI (Dec22) = 125.3000.

Kore Potash Annual Data

Book Value per Share CPI Adj_Book
0.000 0.000
201412 0.077 99.900 0.097
201512 0.075 100.400 0.094
201612 0.129 102.200 0.158
201706 0.105 103.500 0.127
201812 0.142 107.100 0.166
201912 0.080 108.500 0.092
202012 0.054 109.400 0.062
202112 0.040 114.700 0.044
202212 0.040 125.300 0.040

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.


Kore Potash  (LSE:KP2) 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.


Kore Potash Cyclically Adjusted PB Ratio Related Terms

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Kore Potash (LSE:KP2) Business Description

Traded in Other Exchanges
Address
45 Gresham Street, London, GBR, EC2V 7BG
Kore Potash PLC is an exploration and development company operating in a single segment which is mineral exploration in Central Africa. The primary asset of the company is the Sintoukola Potash SA (SPSA) project in the Republic of Congo. This project comprises the Kola sylvinite and carnallite deposits, the Dougou Extension sylvinite deposit, and the Dougou carnallite deposit.

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