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Hanna Capital (TSXV:HCC.H) Cyclically Adjusted PB Ratio : (As of Sep. 22, 2024)


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What is Hanna Capital Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hanna Capital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hanna Capital'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.

Hanna Capital Cyclically Adjusted PB Ratio Chart

Hanna Capital Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.06 0.16 0.07 0.16

Hanna Capital 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 0.16 0.16 0.21 0.22 -

Competitive Comparison of Hanna Capital's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Hanna Capital'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.


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

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

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



Hanna Capital 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.

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

For example, Hanna Capital'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)
=0/126.2576*126.2576
=0.000

Current CPI (Mar. 2024) = 126.2576.

Hanna Capital Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.184 99.473 0.234
201409 0.160 99.394 0.203
201412 0.123 98.367 0.158
201503 0.070 99.789 0.089
201506 -0.041 100.500 -0.052
201509 -0.010 100.421 -0.013
201512 -0.017 99.947 -0.021
201603 -0.021 101.054 -0.026
201606 -0.007 102.002 -0.009
201609 -0.002 101.765 -0.002
201612 0.003 101.449 0.004
201703 0.000 102.634 0.000
201706 0.006 103.029 0.007
201709 0.004 103.345 0.005
201712 0.011 103.345 0.013
201803 0.007 105.004 0.008
201806 0.022 105.557 0.026
201809 0.021 105.636 0.025
201812 0.019 105.399 0.023
201903 0.015 106.979 0.018
201906 0.012 107.690 0.014
201909 0.010 107.611 0.012
201912 0.009 107.769 0.011
202003 0.010 107.927 0.012
202006 0.007 108.401 0.008
202009 0.019 108.164 0.022
202012 0.020 108.559 0.023
202103 0.018 110.298 0.021
202106 0.016 111.720 0.018
202109 0.014 112.905 0.016
202112 0.012 113.774 0.013
202203 0.010 117.646 0.011
202206 0.019 120.806 0.020
202209 0.017 120.648 0.018
202212 0.017 120.964 0.018
202303 0.017 122.702 0.017
202306 0.002 124.203 0.002
202309 0.001 125.230 0.001
202312 0.001 125.072 0.001
202403 0.000 126.258 0.000

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.


Hanna Capital  (TSXV:HCC.H) 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.


Hanna Capital Cyclically Adjusted PB Ratio Related Terms

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


Hanna Capital Business Description

Traded in Other Exchanges
Address
1800-130 King Street West, The Exchange Tower, Toronto, ON, CAN, M5X 1E3
Hanna Capital Corp is a Canada-based exploration-stage junior resource company. It is focused primarily on the acquisition and exploration of mineral properties located in Canada. The company owns an interest in Carscallen Property located in Ontario and Jasper property in Vancouver Island.

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