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Pezm Gold (TSXV:PEZM.H) Cyclically Adjusted PB Ratio : (As of Jun. 13, 2024)


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What is Pezm Gold Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pezm Gold Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pezm Gold'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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Pezm Gold Cyclically Adjusted PB Ratio Chart

Pezm Gold Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
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Pezm Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Pezm Gold's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, Pezm Gold'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.


Pezm Gold's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

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

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



Pezm Gold 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.

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

For example, Pezm Gold'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)
=0.029/126.2576*126.2576
=0.029

Current CPI (Mar. 2024) = 126.2576.

Pezm Gold Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.247 99.473 -0.314
201409 -0.253 99.394 -0.321
201412 -0.258 98.367 -0.331
201503 -0.262 99.789 -0.331
201506 -0.267 100.500 -0.335
201509 -0.273 100.421 -0.343
201512 -0.277 99.947 -0.350
201603 -0.283 101.054 -0.354
201606 -0.288 102.002 -0.356
201609 -0.293 101.765 -0.364
201612 -0.297 101.449 -0.370
201703 -0.304 102.634 -0.374
201706 -0.309 103.029 -0.379
201709 -0.314 103.345 -0.384
201712 -0.318 103.345 -0.389
201803 -0.325 105.004 -0.391
201806 -0.329 105.557 -0.394
201809 -0.334 105.636 -0.399
201812 -0.339 105.399 -0.406
201903 -0.347 106.979 -0.410
201906 -0.362 107.690 -0.424
201909 0.001 107.611 0.001
201912 -0.001 107.769 -0.001
202003 -0.002 107.927 -0.002
202006 -0.002 108.401 -0.002
202009 -0.003 108.164 -0.004
202012 -0.003 108.559 -0.003
202103 -0.004 110.298 -0.005
202106 -0.005 111.720 -0.006
202109 0.010 112.905 0.011
202112 0.033 113.774 0.037
202203 0.032 117.646 0.034
202206 0.031 120.806 0.032
202209 0.037 120.648 0.039
202212 0.035 120.964 0.037
202303 0.034 122.702 0.035
202306 0.032 124.203 0.033
202309 0.031 125.230 0.031
202312 0.030 125.072 0.030
202403 0.029 126.258 0.029

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.


Pezm Gold  (TSXV:PEZM.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.


Pezm Gold Cyclically Adjusted PB Ratio Related Terms

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


Pezm Gold (TSXV:PEZM.H) Business Description

Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 507, Vancouver, BC, CAN, V6C 3N6
Website
Pezm Gold Inc is currently searching for new business opportunities. The principal business of the Company is the identification and evaluation of assets or businesses.

Pezm Gold (TSXV:PEZM.H) Headlines

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