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Q2 Metals (STU:458) Cyclically Adjusted PB Ratio : 1.47 (As of Jan. 18, 2025)


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What is Q2 Metals Cyclically Adjusted PB Ratio?

As of today (2025-01-18), Q2 Metals's current share price is €0.50. Q2 Metals's Cyclically Adjusted Book per Share for the quarter that ended in Aug. 2024 was €0.34. Q2 Metals's Cyclically Adjusted PB Ratio for today is 1.47.

The historical rank and industry rank for Q2 Metals's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:458' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.72
Current: 1.43

During the past years, Q2 Metals's highest Cyclically Adjusted PB Ratio was 2.72. The lowest was 0.00. And the median was 0.00.

STU:458's Cyclically Adjusted PB Ratio is ranked worse than
62.63% of 1576 companies
in the Metals & Mining industry
Industry Median: 0.86 vs STU:458: 1.43

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.

Q2 Metals's adjusted book value per share data for the three months ended in Aug. 2024 was €0.193. 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 €0.34 for the trailing ten years ended in Aug. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Q2 Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Q2 Metals'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.

Q2 Metals Cyclically Adjusted PB Ratio Chart

Q2 Metals Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.31 0.40 1.13 0.68

Q2 Metals Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 1.12 0.50 0.68 0.55 1.19

Competitive Comparison of Q2 Metals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Q2 Metals'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.


Q2 Metals's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Q2 Metals's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Q2 Metals's Cyclically Adjusted PB Ratio falls into.



Q2 Metals 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.

Q2 Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.50/0.34
=1.47

* 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.

Q2 Metals's Cyclically Adjusted Book per Share for the quarter that ended in Aug. 2024 is calculated as:

For example, Q2 Metals's adjusted Book Value per Share data for the three months ended in Aug. 2024 was:

Adj_Book=Book Value per Share/CPI of Aug. 2024 (Change)*Current CPI (Aug. 2024)
=0.193/127.8378*127.8378
=0.193

Current CPI (Aug. 2024) = 127.8378.

Q2 Metals Quarterly Data

Book Value per Share CPI Adj_Book
201411 0.656 99.078 0.846
201502 0.623 99.078 0.804
201505 0.640 100.263 0.816
201508 0.579 100.579 0.736
201511 0.623 100.421 0.793
201602 0.565 100.421 0.719
201605 0.621 101.765 0.780
201608 0.570 101.686 0.717
201611 0.558 101.607 0.702
201702 0.559 102.476 0.697
201705 0.511 103.108 0.634
201708 0.602 103.108 0.746
201711 0.595 103.740 0.733
201802 0.503 104.688 0.614
201805 0.513 105.399 0.622
201808 0.070 106.031 0.084
201811 0.087 105.478 0.105
201902 0.086 106.268 0.103
201905 0.084 107.927 0.099
201908 0.084 108.085 0.099
201911 0.084 107.769 0.100
202002 0.080 108.559 0.094
202005 0.075 107.532 0.089
202008 0.078 108.243 0.092
202011 0.073 108.796 0.086
202102 0.071 109.745 0.083
202105 0.071 111.404 0.081
202108 0.066 112.668 0.075
202111 0.234 113.932 0.263
202202 0.076 115.986 0.084
202205 0.077 120.016 0.082
202208 0.076 120.569 0.081
202211 0.074 121.675 0.078
202302 0.158 122.070 0.165
202305 0.000 124.045 0.000
202308 0.193 125.389 0.197
202311 0.199 125.468 0.203
202402 0.204 125.468 0.208
202405 0.199 127.601 0.199
202408 0.193 127.838 0.193

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.


Q2 Metals  (STU:458) 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.


Q2 Metals Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Q2 Metals's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Q2 Metals Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 904, Vancouver, BC, CAN, V6C1T2
Q2 Metals Corp is a Canadian mineral exploration company focused on unlocking its portfolio of lithium projects in the Eeyou Istchee James Bay region of Quebec, Canada, that includes both its owned Mia Lithium Property and the Cisco Lithium Property. The Cisco Lithium Property is located north of Matagami, Quebec and comprises nearly 222 mineral claims.

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