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Palamina (Palamina) Cyclically Adjusted PB Ratio : 4.13 (As of Jun. 25, 2024)


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What is Palamina Cyclically Adjusted PB Ratio?

As of today (2024-06-25), Palamina's current share price is $0.124. Palamina's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.03. Palamina's Cyclically Adjusted PB Ratio for today is 4.13.

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

PLMNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 7.09
Current: 4.13

During the past years, Palamina's highest Cyclically Adjusted PB Ratio was 7.09. The lowest was 0.00. And the median was 0.00.

PLMNF's Cyclically Adjusted PB Ratio is ranked worse than
88% of 1633 companies
in the Metals & Mining industry
Industry Median: 0.82 vs PLMNF: 4.13

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.

Palamina's adjusted book value per share data for the three months ended in Mar. 2024 was $0.027. 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 $0.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Palamina Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Palamina'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.

Palamina Cyclically Adjusted PB Ratio Chart

Palamina Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Palamina Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 3.36

Competitive Comparison of Palamina's Cyclically Adjusted PB Ratio

For the Gold subindustry, Palamina'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.


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

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

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



Palamina 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.

Palamina's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.124/0.03
=4.13

* 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.

Palamina's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Palamina's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.027/126.2576*126.2576
=0.027

Current CPI (Mar. 2024) = 126.2576.

Palamina Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 -0.001 98.367 -0.001
201503 0.000 99.789 0.000
201506 0.105 100.500 0.132
201509 0.087 100.421 0.109
201512 0.073 99.947 0.092
201603 0.065 101.054 0.081
201606 0.056 102.002 0.069
201609 0.068 101.765 0.084
201612 0.054 101.449 0.067
201703 0.043 102.634 0.053
201706 0.033 103.029 0.040
201709 0.021 103.345 0.026
201712 0.004 103.345 0.005
201803 0.046 105.004 0.055
201806 0.028 105.557 0.033
201809 0.010 105.636 0.012
201812 -0.009 105.399 -0.011
201903 0.019 106.979 0.022
201906 0.006 107.690 0.007
201909 0.008 107.611 0.009
201912 0.001 107.769 0.001
202003 -0.004 107.927 -0.005
202006 0.011 108.401 0.013
202009 0.002 108.164 0.002
202012 -0.004 108.559 -0.005
202103 -0.007 110.298 -0.008
202106 0.051 111.720 0.058
202109 0.041 112.905 0.046
202112 0.026 113.774 0.029
202203 0.020 117.646 0.021
202206 0.009 120.806 0.009
202209 0.003 120.648 0.003
202212 -0.002 120.964 -0.002
202303 -0.005 122.702 -0.005
202306 -0.001 124.203 -0.001
202309 -0.003 125.230 -0.003
202312 0.031 125.072 0.031
202403 0.027 126.258 0.027

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.


Palamina  (OTCPK:PLMNF) 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.


Palamina Cyclically Adjusted PB Ratio Related Terms

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


Palamina (Palamina) Business Description

Traded in Other Exchanges
Address
145 King Street West, Suite 2870, Toronto, ON, CAN, M5H 1J8
Palamina Corp is a Canada-based exploration stage company focused on the exploration of economic mineral deposits in Peru, and to a lesser extent in Mexico. The company's properties include the Peru Properties and El Santuario Property. Some of its projects include Coasa Gold Project, Bendi Gold Project, and Lagos Silver Copper Project, among others. It operates in a single segment. Geographically, it operates in Canada, Peru, and Mexico, out of which the majority is from Canada.

Palamina (Palamina) Headlines

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