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Tamerlane Ventures (Tamerlane Ventures) Cyclically Adjusted PB Ratio : (As of Jun. 13, 2024)


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What is Tamerlane Ventures Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tamerlane Ventures Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tamerlane Ventures'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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Tamerlane Ventures Cyclically Adjusted PB Ratio Chart

Tamerlane Ventures Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted PB Ratio
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Tamerlane Ventures Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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Competitive Comparison of Tamerlane Ventures's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Tamerlane Ventures'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.


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

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

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



Tamerlane Ventures 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.

Tamerlane Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2013 is calculated as:

For example, Tamerlane Ventures's adjusted Book Value per Share data for the three months ended in Sep. 2013 was:

Adj_Book=Book Value per Share/CPI of Sep. 2013 (Change)*Current CPI (Sep. 2013)
=0.056/98.7900*98.7900
=0.056

Current CPI (Sep. 2013) = 98.7900.

Tamerlane Ventures Quarterly Data

Book Value per Share CPI Adj_Book
200312 0.102 77.758 0.130
200403 0.107 79.066 0.134
200406 0.091 80.037 0.112
200409 0.147 80.121 0.181
200412 0.188 80.290 0.231
200503 0.183 81.555 0.222
200506 0.175 82.062 0.211
200509 0.179 83.876 0.211
200512 0.185 83.032 0.220
200603 0.184 84.298 0.216
200606 0.246 85.606 0.284
200609 0.246 85.606 0.284
200612 0.232 85.142 0.269
200703 0.234 86.640 0.267
200706 0.261 87.906 0.293
200709 0.269 87.964 0.302
200712 0.313 88.616 0.349
200803 0.302 90.090 0.331
200806 0.311 92.320 0.333
200809 0.296 92.307 0.317
200812 0.224 88.697 0.249
200903 0.215 89.744 0.237
200906 0.234 91.003 0.254
200909 0.238 91.120 0.258
200912 0.230 91.111 0.249
201003 0.231 91.821 0.249
201006 0.225 91.962 0.242
201009 0.222 92.162 0.238
201012 0.219 92.474 0.234
201103 0.210 94.283 0.220
201106 0.212 95.235 0.220
201109 0.200 95.727 0.206
201112 0.171 95.213 0.177
201203 0.166 96.783 0.169
201206 0.146 96.819 0.149
201209 0.147 97.633 0.149
201212 0.140 96.871 0.143
201303 0.094 98.209 0.095
201306 0.068 98.518 0.068
201309 0.056 98.790 0.056

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.


Tamerlane Ventures  (OTCPK:TMLVF) 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.


Tamerlane Ventures Cyclically Adjusted PB Ratio Related Terms

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Tamerlane Ventures (Tamerlane Ventures) Business Description

Traded in Other Exchanges
N/A
Address
441 Peace Portal Drive, Blaine, WA, USA, 98230
Tamerlane Ventures Inc is development stage mining Company engaged in the exploration and development of base metals projects, such as Pine Point lead-zinc project in the Northwest Territories in Canada and Los Pinos copper project in Peru.

Tamerlane Ventures (Tamerlane Ventures) Headlines

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