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Gratomic (STU:CB82) Cyclically Adjusted PB Ratio : 0.44 (As of Jun. 19, 2024)


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What is Gratomic Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Gratomic's current share price is €0.0612. Gratomic's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.14. Gratomic's Cyclically Adjusted PB Ratio for today is 0.44.

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

STU:CB82' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.01
Current: 0.49

During the past years, Gratomic's highest Cyclically Adjusted PB Ratio was 1.01. The lowest was 0.00. And the median was 0.00.

STU:CB82's Cyclically Adjusted PB Ratio is ranked better than
62.67% of 1634 companies
in the Metals & Mining industry
Industry Median: 0.81 vs STU:CB82: 0.49

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.

Gratomic's adjusted book value per share data for the three months ended in Mar. 2024 was €0.071. 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 €0.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gratomic Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gratomic'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.

Gratomic Cyclically Adjusted PB Ratio Chart

Gratomic Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.31 3.09 1.43 0.69

Gratomic 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 1.15 1.46 0.89 0.69 0.59

Competitive Comparison of Gratomic's Cyclically Adjusted PB Ratio

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


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

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

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



Gratomic 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0612/0.14
=0.44

* 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.

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

For example, Gratomic'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)
=0.071/126.2576*126.2576
=0.071

Current CPI (Mar. 2024) = 126.2576.

Gratomic Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.195 99.473 0.248
201409 0.177 99.394 0.225
201412 -0.112 98.367 -0.144
201503 0.139 99.789 0.176
201506 0.134 100.500 0.168
201509 0.165 100.421 0.207
201512 0.153 99.947 0.193
201603 0.146 101.054 0.182
201606 0.146 102.002 0.181
201609 0.138 101.765 0.171
201612 0.169 101.449 0.210
201703 0.192 102.634 0.236
201706 0.180 103.029 0.221
201709 0.175 103.345 0.214
201712 0.176 103.345 0.215
201803 0.161 105.004 0.194
201806 0.156 105.557 0.187
201809 0.164 105.636 0.196
201812 0.169 105.399 0.202
201903 0.144 106.979 0.170
201906 0.132 107.690 0.155
201909 0.123 107.611 0.144
201912 0.093 107.769 0.109
202003 0.083 107.927 0.097
202006 0.069 108.401 0.080
202009 0.061 108.164 0.071
202012 0.048 108.559 0.056
202103 0.074 110.298 0.085
202106 0.074 111.720 0.084
202109 0.069 112.905 0.077
202112 0.089 113.774 0.099
202203 0.102 117.646 0.109
202206 0.100 120.806 0.105
202209 0.102 120.648 0.107
202212 0.087 120.964 0.091
202303 0.086 122.702 0.088
202306 0.085 124.203 0.086
202309 0.081 125.230 0.082
202312 0.075 125.072 0.076
202403 0.071 126.258 0.071

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.


Gratomic  (STU:CB82) 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.


Gratomic Cyclically Adjusted PB Ratio Related Terms

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


Gratomic (STU:CB82) Business Description

Traded in Other Exchanges
Address
22 Adelaide Street West, Suite 3600, Toronto, ON, CAN, M5H 4E3
Gratomic Inc is an advanced materials company. It is focused on low-cost mine-to-market commercialization of carbon-neutral, eco-friendly, high-purity vein graphite and is set to become a key player in EV and Renewable Resource supply chains. The company is in the process of solidifying its plans for the micronization, spheronization, and coating of its Aukam vein graphite. The company is engaged in the acquisition and exploration of assets located primarily in Canada and Namibia. It has one segment which is the acquisition, exploration and development of mineral properties.

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