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Madeira Minerals (TSXV:MDE.H) Cyclically Adjusted PB Ratio : (As of Jun. 16, 2024)


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What is Madeira Minerals Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Madeira Minerals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Madeira Minerals'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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Madeira Minerals Cyclically Adjusted PB Ratio Chart

Madeira Minerals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
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Madeira Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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Competitive Comparison of Madeira Minerals's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, Madeira Minerals'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.


Madeira Minerals's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Madeira Minerals's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Madeira Minerals 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.

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

For example, Madeira Minerals'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)
=-0.008/126.2576*126.2576
=-0.008

Current CPI (Mar. 2024) = 126.2576.

Madeira Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 98.604 0.000
201406 -0.050 99.473 -0.063
201409 -0.056 99.394 -0.071
201412 -0.059 98.367 -0.076
201503 -0.065 99.789 -0.082
201506 -0.073 100.500 -0.092
201509 -0.074 100.421 -0.093
201512 -0.077 99.947 -0.097
201603 -0.068 101.054 -0.085
201606 -0.071 102.002 -0.088
201609 -0.075 101.765 -0.093
201612 -0.077 101.449 -0.096
201703 -0.079 102.634 -0.097
201706 0.000 103.029 0.000
201709 -0.084 103.345 -0.103
201712 -0.086 103.345 -0.105
201803 -0.089 105.004 -0.107
201806 -0.091 105.557 -0.109
201809 -0.095 105.636 -0.114
201812 -0.064 105.399 -0.077
201903 0.012 106.979 0.014
201906 0.009 107.690 0.011
201909 0.006 107.611 0.007
201912 0.004 107.769 0.005
202003 0.004 107.927 0.005
202006 0.003 108.401 0.003
202009 0.002 108.164 0.002
202012 0.002 108.559 0.002
202103 0.001 110.298 0.001
202106 0.001 111.720 0.001
202109 -0.001 112.905 -0.001
202112 -0.001 113.774 -0.001
202203 -0.002 117.646 -0.002
202206 -0.002 120.806 -0.002
202209 -0.004 120.648 -0.004
202212 -0.004 120.964 -0.004
202303 -0.005 122.702 -0.005
202309 -0.006 125.230 -0.006
202312 -0.007 125.072 -0.007
202403 -0.008 126.258 -0.008

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.


Madeira Minerals  (TSXV:MDE.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.


Madeira Minerals Cyclically Adjusted PB Ratio Related Terms

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Madeira Minerals (TSXV:MDE.H) Business Description

Traded in Other Exchanges
N/A
Address
1111 Melville Street, Suite 1100, Corporate Department, Vancouver, BC, CAN, V6E 3V6
Website
Madeira Minerals Ltd is a capital pool company. The company is engaged in the identification and evaluation of a qualifying transaction to negotiate an acquisition or participation in a business.

Madeira Minerals (TSXV:MDE.H) Headlines

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