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Mazarin (TSXV:MAZ.H) Cyclically Adjusted PB Ratio : 2.00 (As of Dec. 12, 2024)


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What is Mazarin Cyclically Adjusted PB Ratio?

As of today (2024-12-12), Mazarin's current share price is C$0.10. Mazarin's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was C$0.05. Mazarin's Cyclically Adjusted PB Ratio for today is 2.00.

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

TSXV:MAZ.H' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 4.83   Max: 18
Current: 1.87

During the past years, Mazarin's highest Cyclically Adjusted PB Ratio was 18.00. The lowest was 0.33. And the median was 4.83.

TSXV:MAZ.H's Cyclically Adjusted PB Ratio is ranked worse than
70.83% of 1577 companies
in the Metals & Mining industry
Industry Median: 0.83 vs TSXV:MAZ.H: 1.87

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.

Mazarin's adjusted book value per share data for the three months ended in Sep. 2024 was C$0.157. 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 C$0.05 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mazarin Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mazarin'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.

Mazarin Cyclically Adjusted PB Ratio Chart

Mazarin 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 5.29 7.84 4.95 4.90 2.27

Mazarin Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.19 2.27 2.20 2.67 2.06

Competitive Comparison of Mazarin's Cyclically Adjusted PB Ratio

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


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

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

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



Mazarin 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.10/0.05
=2.00

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.157/127.2847*127.2847
=0.157

Current CPI (Sep. 2024) = 127.2847.

Mazarin Quarterly Data

Book Value per Share CPI Adj_Book
201412 -0.008 98.367 -0.010
201503 -0.014 99.789 -0.018
201506 -0.022 100.500 -0.028
201509 -0.032 100.421 -0.041
201512 -0.042 99.947 -0.053
201603 -0.051 101.054 -0.064
201606 -0.054 102.002 -0.067
201609 -0.007 101.765 -0.009
201612 0.007 101.449 0.009
201703 0.000 102.634 0.000
201706 -0.007 103.029 -0.009
201709 0.000 103.345 0.000
201712 0.006 103.345 0.007
201803 0.004 105.004 0.005
201806 -0.005 105.557 -0.006
201809 0.013 105.636 0.016
201812 0.063 105.399 0.076
201903 0.061 106.979 0.073
201906 0.075 107.690 0.089
201909 0.074 107.611 0.088
201912 0.075 107.769 0.089
202003 0.069 107.927 0.081
202006 0.068 108.401 0.080
202009 0.068 108.164 0.080
202012 0.072 108.559 0.084
202103 0.071 110.298 0.082
202106 0.080 111.720 0.091
202109 0.084 112.905 0.095
202112 0.091 113.774 0.102
202203 0.087 117.646 0.094
202206 0.084 120.806 0.089
202209 0.083 120.648 0.088
202212 0.084 120.964 0.088
202303 0.082 122.702 0.085
202306 0.078 124.203 0.080
202309 0.110 125.230 0.112
202312 0.124 125.072 0.126
202403 0.128 126.258 0.129
202406 0.140 127.522 0.140
202409 0.157 127.285 0.157

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.


Mazarin  (TSXV:MAZ.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.


Mazarin Cyclically Adjusted PB Ratio Related Terms

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


Mazarin Business Description

Traded in Other Exchanges
N/A
Address
696, rue Monfette Street East, Thetford Mines, QC, CAN, G6G 7G9
Mazarin Inc is a mining-based company. The company is engaged in maintaining its mining assets and maximizing their value. It is also involved in the management of various litigation cases relating to asbestos which arose from operations in the past. It generates its revenue from mining properties, investment income, and others.

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