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Monarca Minerals (TSXV:MMN) Cyclically Adjusted PB Ratio : 0.07 (As of Jun. 18, 2024)


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What is Monarca Minerals Cyclically Adjusted PB Ratio?

As of today (2024-06-18), Monarca Minerals's current share price is C$0.01. Monarca Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was C$0.14. Monarca Minerals's Cyclically Adjusted PB Ratio for today is 0.07.

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

TSXV:MMN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.09
Current: 0.07

During the past years, Monarca Minerals's highest Cyclically Adjusted PB Ratio was 0.09. The lowest was 0.00. And the median was 0.00.

TSXV:MMN's Cyclically Adjusted PB Ratio is ranked better than
97.43% of 1634 companies
in the Metals & Mining industry
Industry Median: 0.815 vs TSXV:MMN: 0.07

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.

Monarca Minerals's adjusted book value per share data for the three months ended in Feb. 2024 was C$-0.035. 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$0.14 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monarca Minerals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Monarca 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.

* Premium members only.

Monarca Minerals Cyclically Adjusted PB Ratio Chart

Monarca Minerals Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.50 0.27 0.05 0.06

Monarca Minerals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.08 0.06 0.09 0.06 0.03

Competitive Comparison of Monarca Minerals's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Monarca 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.


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

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

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



Monarca 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.

Monarca Minerals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.01/0.14
=0.07

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.035/125.4675*125.4675
=-0.035

Current CPI (Feb. 2024) = 125.4675.

Monarca Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.304 99.394 0.384
201408 0.313 99.315 0.395
201411 0.305 99.078 0.386
201502 0.303 99.078 0.384
201505 0.300 100.263 0.375
201508 0.298 100.579 0.372
201511 0.295 100.421 0.369
201602 0.293 100.421 0.366
201605 0.291 101.765 0.359
201608 0.288 101.686 0.355
201611 0.293 101.607 0.362
201702 0.291 102.476 0.356
201705 0.240 103.108 0.292
201708 0.211 103.108 0.257
201711 -0.017 103.740 -0.021
201802 0.204 104.688 0.244
201805 0.202 105.399 0.240
201808 0.200 106.031 0.237
201811 -0.044 105.478 -0.052
201902 0.188 106.268 0.222
201905 0.187 107.927 0.217
201908 0.185 108.085 0.215
201911 -0.063 107.769 -0.073
202002 -0.066 108.559 -0.076
202005 -0.061 107.532 -0.071
202008 -0.004 108.243 -0.005
202011 -0.004 108.796 -0.005
202102 -0.005 109.745 -0.006
202105 -0.008 111.404 -0.009
202108 -0.011 112.668 -0.012
202111 -0.017 113.932 -0.019
202202 -0.020 115.986 -0.022
202205 -0.021 120.016 -0.022
202208 -0.023 120.569 -0.024
202211 -0.026 121.675 -0.027
202302 -0.028 122.070 -0.029
202305 -0.029 124.045 -0.029
202308 -0.031 125.389 -0.031
202311 -0.034 125.468 -0.034
202402 -0.035 125.468 -0.035

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.


Monarca Minerals  (TSXV:MMN) 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.


Monarca Minerals Cyclically Adjusted PB Ratio Related Terms

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


Monarca Minerals (TSXV:MMN) Business Description

Traded in Other Exchanges
Address
18 King Street East Street, Suite 902, Toronto, ON, CAN, M5C 1C4
Monarca Minerals Inc is in the process of exploring and evaluating its exploration and evaluation property interests in Mexico. Its project portfolio includes Tejamen, San Lucas, San Jose, and El Sol. The primary focus of new work at Tejamen consists of follow-up core drilling. Outcrop sampling identified two parallel gold-silver zones, known as the El Doctor zone (Noche Buena). Several small mines exist on the El Sol concession. It is a historical mining area since the 1600s and is in the Avino Mining District.
Executives
Carlos Enrique Espinosa Jove Director

Monarca Minerals (TSXV:MMN) Headlines

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