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Northam Platinum (Northam Platinum) Cyclically Adjusted PB Ratio : (As of Jun. 19, 2024)


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What is Northam Platinum 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


Northam Platinum Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Northam Platinum'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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Northam Platinum Cyclically Adjusted PB Ratio Chart

Northam Platinum Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Cyclically Adjusted PB Ratio
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Northam Platinum Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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Competitive Comparison of Northam Platinum's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Northam Platinum'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.


Northam Platinum's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Northam Platinum 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.

Northam Platinum's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun21 is calculated as:

For example, Northam Platinum's adjusted Book Value per Share data for the fiscal year that ended in Jun21 was:

Adj_Book=Book Value per Share/CPI of Jun21 (Change)*Current CPI (Jun21)
=2.681/131.1129*131.1129
=2.681

Current CPI (Jun21) = 131.1129.

Northam Platinum Annual Data

Book Value per Share CPI Adj_Book
201206 3.248 85.021 5.009
201306 2.824 89.708 4.127
201406 2.682 95.813 3.670
201506 2.143 100.173 2.805
201606 1.658 106.713 2.037
201706 1.231 112.054 1.440
201806 1.088 116.959 1.220
201906 1.003 122.191 1.076
202006 1.105 124.807 1.161
202106 2.681 131.113 2.681

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.


Northam Platinum  (OTCPK:NMPNY) 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.


Northam Platinum Cyclically Adjusted PB Ratio Related Terms

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Northam Platinum (Northam Platinum) Business Description

Traded in Other Exchanges
N/A
Address
Magwa Crescent West, Building 4, 1st Floor, Maxwell Office Park, Waterfall City, Jukskei View, Johannesburg, GT, ZAF, 2090
Northam Platinum Ltd is a producer of platinum group metals, which include platinum, palladium, and rhodium. Northam conducts operations across two main locations in South Africa, Zondereinde and Booysendal, where the mining, concentrating, smelting, and base metals recovery processes occur. The company then outsources its production for refining. The primary consumers of platinum, palladium, and rhodium are from the motor-manufacturing and jewellery industries. Northam sells metals in sponge or ingot form domestically and to overseas markets across Asia, Europe, and North America.

Northam Platinum (Northam Platinum) Headlines

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