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Merlin Diamonds (Merlin Diamonds) Cyclically Adjusted PB Ratio : (As of Jun. 20, 2024)


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What is Merlin Diamonds 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


Merlin Diamonds Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Merlin Diamonds'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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Merlin Diamonds Cyclically Adjusted PB Ratio Chart

Merlin Diamonds Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Cyclically Adjusted PB Ratio
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Merlin Diamonds Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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Competitive Comparison of Merlin Diamonds's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Merlin Diamonds'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.


Merlin Diamonds's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Merlin Diamonds 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.

Merlin Diamonds's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun18 is calculated as:

For example, Merlin Diamonds's adjusted Book Value per Share data for the fiscal year that ended in Jun18 was:

Adj_Book=Book Value per Share/CPI of Jun18 (Change)*Current CPI (Jun18)
=-0.017/104.9454*104.9454
=-0.017

Current CPI (Jun18) = 104.9454.

Merlin Diamonds Annual Data

Book Value per Share CPI Adj_Book
200906 1.393 86.278 1.694
201006 2.419 88.971 2.853
201106 2.888 92.129 3.290
201206 2.671 93.244 3.006
201306 0.827 95.473 0.909
201406 0.337 98.352 0.360
201506 0.189 99.838 0.199
201606 0.112 100.859 0.117
201706 -0.009 102.809 -0.009
201806 -0.017 104.945 -0.017

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.


Merlin Diamonds  (OTCPK:NADLY) 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.


Merlin Diamonds Cyclically Adjusted PB Ratio Related Terms

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Merlin Diamonds (Merlin Diamonds) Business Description

Traded in Other Exchanges
N/A
Address
42 Moray Street, Level 1A, Southbank, Melbourne, VIC, AUS, 3004
Merlin Diamonds Ltd is engaged in the exploration and development of diamond projects in Northern Territory, Australia. Its projects include Merlin Diamond Project, Kimberley Project, and Arnhem Land.

Merlin Diamonds (Merlin Diamonds) Headlines

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