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MMTIF (Micromem Technologies) Cyclically Adjusted PB Ratio : (As of May. 30, 2025)


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What is Micromem Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Micromem Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Micromem Technologies'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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Micromem Technologies Cyclically Adjusted PB Ratio Chart

Micromem Technologies Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted PB Ratio
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Micromem Technologies Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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Competitive Comparison of Micromem Technologies's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Micromem Technologies'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.


Micromem Technologies's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Micromem Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Micromem Technologies 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.

Micromem Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 is calculated as:

For example, Micromem Technologies's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book=Book Value per Share/CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=-0.01/127.4427*127.4427
=-0.010

Current CPI (Jan. 2025) = 127.4427.

Micromem Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201504 0.020 99.710 0.026
201507 0.020 100.579 0.025
201510 0.007 100.500 0.009
201601 0.004 100.184 0.005
201604 0.001 101.370 0.001
201607 -0.016 101.844 -0.020
201610 -0.019 102.002 -0.024
201701 -0.029 102.318 -0.036
201704 -0.027 103.029 -0.033
201707 -0.026 103.029 -0.032
201710 -0.015 103.424 -0.018
201801 -0.023 104.056 -0.028
201804 -0.020 105.320 -0.024
201807 -0.017 106.110 -0.020
201810 -0.013 105.952 -0.016
201901 -0.015 105.557 -0.018
201904 -0.014 107.453 -0.017
201907 -0.014 108.243 -0.016
201910 -0.012 107.927 -0.014
202001 -0.015 108.085 -0.018
202004 -0.011 107.216 -0.013
202007 -0.010 108.401 -0.012
202010 -0.010 108.638 -0.012
202101 -0.011 109.192 -0.013
202104 -0.017 110.851 -0.020
202107 -0.011 112.431 -0.012
202110 -0.008 113.695 -0.009
202201 -0.010 114.801 -0.011
202204 -0.009 118.357 -0.010
202207 -0.012 120.964 -0.013
202210 -0.010 121.517 -0.010
202301 -0.010 121.596 -0.010
202304 -0.014 123.571 -0.014
202307 -0.012 124.914 -0.012
202310 -0.009 125.310 -0.009
202401 -0.012 125.072 -0.012
202404 -0.009 126.890 -0.009
202407 -0.008 128.075 -0.008
202410 -0.012 127.838 -0.012
202501 -0.010 127.443 -0.010

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.


Micromem Technologies  (OTCPK:MMTIF) 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.


Micromem Technologies Cyclically Adjusted PB Ratio Related Terms

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Micromem Technologies Business Description

Traded in Other Exchanges
Address
121 Richmond Street West, Suite 602, Toronto, ON, CAN, M5H 2K1
Micromem Technologies Inc develops, based upon proprietary technology, customized sensor applications for companies. The technology has a combination of superior sensitivity, robust structure, cost-effectiveness, and small size enabling a wide variety of applications within multiple industry sectors. Some of the sensors applications are Oil Sensor Solutions, Structural Integrity Sensors, Nanoparticle Detection Solutions and Energy Storage Solutions.

Micromem Technologies Headlines