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Metallic Minerals (Metallic Minerals) Cyclically Adjusted PB Ratio : 3.63 (As of Jun. 23, 2024)


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What is Metallic Minerals Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Metallic Minerals's current share price is $0.2175. Metallic Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $0.06. Metallic Minerals's Cyclically Adjusted PB Ratio for today is 3.63.

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

MMNGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 4.51
Current: 3.63

During the past years, Metallic Minerals's highest Cyclically Adjusted PB Ratio was 4.51. The lowest was 0.00. And the median was 0.00.

MMNGF's Cyclically Adjusted PB Ratio is ranked worse than
86.85% of 1635 companies
in the Metals & Mining industry
Industry Median: 0.82 vs MMNGF: 3.63

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.

Metallic Minerals's adjusted book value per share data for the three months ended in Jan. 2024 was $0.034. 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 $0.06 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metallic Minerals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Metallic Minerals'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.

Metallic Minerals Cyclically Adjusted PB Ratio Chart

Metallic Minerals Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.20 1.03 1.48

Metallic Minerals Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 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 1.00 - 2.26 3.12 3.19

Competitive Comparison of Metallic Minerals's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Metallic Minerals'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.


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

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

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



Metallic Minerals 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.

Metallic Minerals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.2175/0.06
=3.63

* 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.

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

For example, Metallic Minerals'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)
=0.034/125.0724*125.0724
=0.034

Current CPI (Jan. 2024) = 125.0724.

Metallic Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201401 1.162 97.261 1.494
201404 1.143 98.920 1.445
201407 -0.130 99.315 -0.164
201410 -0.129 99.473 -0.162
201501 -0.119 98.209 -0.152
201504 -0.118 99.710 -0.148
201507 -0.112 100.579 -0.139
201510 -0.111 100.500 -0.138
201601 -0.106 100.184 -0.132
201604 -0.120 101.370 -0.148
201607 0.066 101.844 0.081
201610 0.036 102.002 0.044
201701 0.027 102.318 0.033
201704 0.037 103.029 0.045
201707 0.033 103.029 0.040
201710 0.013 103.424 0.016
201801 0.033 104.056 0.040
201804 0.027 105.320 0.032
201807 0.019 106.110 0.022
201810 0.008 105.952 0.009
201901 0.011 105.557 0.013
201904 0.012 107.453 0.014
201907 0.018 108.243 0.021
201910 0.032 107.927 0.037
202001 0.030 108.085 0.035
202004 0.026 107.216 0.030
202007 0.017 108.401 0.020
202010 0.041 108.638 0.047
202101 0.050 109.192 0.057
202104 0.051 110.851 0.058
202107 0.050 112.431 0.056
202110 0.040 113.695 0.044
202201 0.037 114.801 0.040
202204 0.035 118.357 0.037
202207 0.044 120.964 0.045
202210 0.031 121.517 0.032
202301 0.000 121.596 0.000
202304 0.028 123.571 0.028
202310 0.034 125.310 0.034
202401 0.034 125.072 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.


Metallic Minerals  (OTCPK:MMNGF) 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.


Metallic Minerals Cyclically Adjusted PB Ratio Related Terms

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


Metallic Minerals (Metallic Minerals) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 904, Vancouver, BC, CAN, V6C 1T2
Metallic Minerals Corp is an exploration company focused on the acquisition and development of high-grade silver and gold projects. It seeks to create value through a disciplined, systematic approach to exploration, reducing investment risk and maximizing the probability of long-term success. Metallic's core Keno Silver Project is located in the historic Keno Hill Silver District of Canada's Yukon Territory, a region that has produced over 200 million ounces of silver. The company's La Plata silver-gold-copper project is located in the high-grade La Plata district of the prolific Colorado Mineral Belt and its McKay Hill project northeast of Keno Hill is a high-grade historic silver-gold producer. The company is building a portfolio of gold royalties in the historic Klondike Gold District.