GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Opawica Explorations Inc (OTCPK:OPWEF) » Definitions » Cyclically Adjusted PB Ratio

Opawica Explorations (Opawica Explorations) Cyclically Adjusted PB Ratio : 0.02 (As of May. 12, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Opawica Explorations Cyclically Adjusted PB Ratio?

As of today (2024-05-12), Opawica Explorations's current share price is $0.0535. Opawica Explorations's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was $2.89. Opawica Explorations's Cyclically Adjusted PB Ratio for today is 0.02.

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

OPWEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.02
Current: 0.02

During the past years, Opawica Explorations's highest Cyclically Adjusted PB Ratio was 0.02. The lowest was 0.00. And the median was 0.00.

OPWEF's Cyclically Adjusted PB Ratio is ranked better than
98.58% of 1615 companies
in the Metals & Mining industry
Industry Median: 0.86 vs OPWEF: 0.02

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.

Opawica Explorations's adjusted book value per share data for the three months ended in Nov. 2023 was $0.245. 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 $2.89 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Opawica Explorations Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Opawica Explorations'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.

Opawica Explorations Cyclically Adjusted PB Ratio Chart

Opawica Explorations Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.02 0.06 0.02 0.03

Opawica Explorations Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.02 0.02 0.02 0.03 0.02

Competitive Comparison of Opawica Explorations's Cyclically Adjusted PB Ratio

For the Gold subindustry, Opawica Explorations'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.


Opawica Explorations's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Opawica Explorations 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.

Opawica Explorations's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0535/2.89
=0.02

* 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.

Opawica Explorations's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, Opawica Explorations's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book=Book Value per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=0.245/125.4675*125.4675
=0.245

Current CPI (Nov. 2023) = 125.4675.

Opawica Explorations Quarterly Data

Book Value per Share CPI Adj_Book
201402 27.576 98.051 35.287
201405 24.687 99.394 31.163
201408 6.260 99.315 7.908
201411 4.013 99.078 5.082
201502 2.771 99.078 3.509
201505 2.524 100.263 3.158
201508 2.048 100.579 2.555
201511 1.906 100.421 2.381
201602 1.571 100.421 1.963
201605 -0.847 101.765 -1.044
201608 3.336 101.686 4.116
201611 3.086 101.607 3.811
201702 3.162 102.476 3.871
201705 3.217 103.108 3.915
201708 2.921 103.108 3.554
201711 2.580 103.740 3.120
201802 1.669 104.688 2.000
201805 1.531 105.399 1.823
201808 1.269 106.031 1.502
201811 1.209 105.478 1.438
201902 1.141 106.268 1.347
201905 1.062 107.927 1.235
201908 1.017 108.085 1.181
201911 0.966 107.769 1.125
202002 0.905 108.559 1.046
202005 0.839 107.532 0.979
202008 0.709 108.243 0.822
202011 0.522 108.796 0.602
202102 0.494 109.745 0.565
202105 0.582 111.404 0.655
202108 1.259 112.668 1.402
202111 0.000 113.932 0.000
202202 1.314 115.986 1.421
202205 1.176 120.016 1.229
202208 0.917 120.569 0.954
202211 0.730 121.675 0.753
202302 0.713 122.070 0.733
202305 0.335 124.045 0.339
202308 0.256 125.389 0.256
202311 0.245 125.468 0.245

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.


Opawica Explorations  (OTCPK:OPWEF) 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.


Opawica Explorations Cyclically Adjusted PB Ratio Related Terms

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


Opawica Explorations (Opawica Explorations) Business Description

Traded in Other Exchanges
Address
625 Howe Street, Suite 488, Vancouver, BC, CAN, V6C 2T6
Opawica Explorations Inc is a Canadian-based company engaged in the business of exploration and evaluation of mineral properties. The company owns an interest in several properties including, Arrowhead Gold Property, Bazooka East Gold Property, Bazooka West Gold Property, and others.

Opawica Explorations (Opawica Explorations) Headlines