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Metal Bank (Metal Bank) Cyclically Adjusted PB Ratio : (As of May. 21, 2024)


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What is Metal Bank 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


Metal Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Metal Bank'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.

Metal Bank Cyclically Adjusted PB Ratio Chart

Metal Bank Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.73 0.63 0.38 0.20

Metal Bank Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 0.38 - 0.20 -

Competitive Comparison of Metal Bank's Cyclically Adjusted PB Ratio

For the Gold subindustry, Metal Bank'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.


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

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

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



Metal Bank 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.

Metal Bank's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Metal Bank's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.034/124.1700*124.1700
=0.034

Current CPI (Jun23) = 124.1700.

Metal Bank Annual Data

Book Value per Share CPI Adj_Book
201406 0.011 98.352 0.014
201506 0.008 99.838 0.010
201606 0.004 100.859 0.005
201706 0.008 102.809 0.010
201806 0.008 104.945 0.009
201906 0.007 106.617 0.008
202006 0.006 106.246 0.007
202106 0.007 110.332 0.008
202206 0.005 117.112 0.005
202306 0.034 124.170 0.034

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.


Metal Bank  (OTCPK:MBKBF) 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.


Metal Bank Cyclically Adjusted PB Ratio Related Terms

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Metal Bank (Metal Bank) Business Description

Traded in Other Exchanges
Address
50 Clarence Street, Suite 506, Level 5, Sydney, NSW, AUS, 2000
Metal Bank Ltd is a mineral exploration and development company. The company's project includes the Eidsvold Project and the 8 Mile Project. It operates within Australia.

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