GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Metalex Ventures Ltd (TSXV:MTX) » Definitions » Cyclically Adjusted PB Ratio

Metalex Ventures (TSXV:MTX) Cyclically Adjusted PB Ratio : (As of Jun. 02, 2025)


View and export this data going back to 1993. Start your Free Trial

What is Metalex Ventures Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Metalex Ventures Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Metalex 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.

* Premium members only.

Metalex Ventures Cyclically Adjusted PB Ratio Chart

Metalex Ventures Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 2.54 3.89 - -

Metalex Ventures Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 - - - - -

Competitive Comparison of Metalex Ventures's Cyclically Adjusted PB Ratio

For the Other Precious Metals & Mining subindustry, Metalex 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.


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

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

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


;
;

Metalex 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.

Metalex Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 is calculated as:

For example, Metalex Ventures's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book=Book Value per Share/CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=0.02/127.4427*127.4427
=0.020

Current CPI (Jan. 2025) = 127.4427.

Metalex Ventures Quarterly Data

Book Value per Share CPI Adj_Book
201504 -0.015 99.710 -0.019
201507 -0.019 100.579 -0.024
201510 -0.014 100.500 -0.018
201601 -0.015 100.184 -0.019
201604 -0.018 101.370 -0.023
201607 -0.020 101.844 -0.025
201610 -0.023 102.002 -0.029
201701 -0.021 102.318 -0.026
201704 -0.022 103.029 -0.027
201707 -0.023 103.029 -0.028
201710 -0.027 103.424 -0.033
201801 -0.029 104.056 -0.036
201804 -0.016 105.320 -0.019
201807 -0.013 106.110 -0.016
201810 -0.014 105.952 -0.017
201901 -0.015 105.557 -0.018
201904 -0.016 107.453 -0.019
201907 -0.017 108.243 -0.020
201910 -0.015 107.927 -0.018
202001 0.002 108.085 0.002
202004 -0.008 107.216 -0.010
202007 -0.015 108.401 -0.018
202010 -0.015 108.638 -0.018
202101 0.018 109.192 0.021
202104 0.019 110.851 0.022
202107 0.019 112.431 0.022
202110 0.013 113.695 0.015
202201 0.015 114.801 0.017
202204 0.028 118.357 0.030
202207 0.026 120.964 0.027
202210 0.025 121.517 0.026
202301 0.029 121.596 0.030
202304 0.028 123.571 0.029
202307 0.025 124.914 0.026
202310 0.021 125.310 0.021
202401 0.019 125.072 0.019
202404 0.018 126.890 0.018
202407 0.022 128.075 0.022
202410 0.021 127.838 0.021
202501 0.020 127.443 0.020

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.


Metalex Ventures  (TSXV:MTX) 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.


Metalex Ventures Cyclically Adjusted PB Ratio Related Terms

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


Metalex Ventures Business Description

Traded in Other Exchanges
N/A
Address
1634 Harvey Avenue, Suite 203, Kelowna, BC, CAN, V1Y 6G2
Metalex Ventures Ltd is engaged in the acquisition, exploration, and development of mineral properties. The company's principal projects in Canada are in Quebec and Kyle Lake. Its overseas projects are located in South Africa, Morocco, and Mali.
Executives
Charles Edgar Fipke Director
Glenn Nolan Director