GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Clean Energy Transition Inc (TSXV:TRAN) » Definitions » Cyclically Adjusted PB Ratio

Clean Energy Transition (TSXV:TRAN) Cyclically Adjusted PB Ratio : 0.05 (As of Jan. 18, 2025)


View and export this data going back to 1985. Start your Free Trial

What is Clean Energy Transition Cyclically Adjusted PB Ratio?

As of today (2025-01-18), Clean Energy Transition's current share price is C$0.06. Clean Energy Transition's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2024 was C$1.12. Clean Energy Transition's Cyclically Adjusted PB Ratio for today is 0.05.

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

TSXV:TRAN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.05
Current: 0.05

During the past years, Clean Energy Transition's highest Cyclically Adjusted PB Ratio was 0.05. The lowest was 0.01. And the median was 0.01.

TSXV:TRAN's Cyclically Adjusted PB Ratio is ranked better than
94.1% of 1576 companies
in the Metals & Mining industry
Industry Median: 0.86 vs TSXV:TRAN: 0.05

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.

Clean Energy Transition's adjusted book value per share data for the three months ended in Oct. 2024 was C$0.033. 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$1.12 for the trailing ten years ended in Oct. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clean Energy Transition Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Clean Energy Transition'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.

Clean Energy Transition Cyclically Adjusted PB Ratio Chart

Clean Energy Transition 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 - 0.01 0.02 0.01 0.03

Clean Energy Transition Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 0.01 0.04 0.03 0.03 0.04

Competitive Comparison of Clean Energy Transition's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Clean Energy Transition'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.


Clean Energy Transition's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Clean Energy Transition 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.

Clean Energy Transition's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.06/1.12
=0.05

* 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.

Clean Energy Transition's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2024 is calculated as:

For example, Clean Energy Transition's adjusted Book Value per Share data for the three months ended in Oct. 2024 was:

Adj_Book=Book Value per Share/CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=0.033/127.8378*127.8378
=0.033

Current CPI (Oct. 2024) = 127.8378.

Clean Energy Transition Quarterly Data

Book Value per Share CPI Adj_Book
201501 3.741 98.209 4.870
201504 3.706 99.710 4.751
201507 3.272 100.579 4.159
201510 2.684 100.500 3.414
201601 2.585 100.184 3.299
201604 2.137 101.370 2.695
201607 1.989 101.844 2.497
201610 1.982 102.002 2.484
201701 1.860 102.318 2.324
201704 1.032 103.029 1.281
201707 1.016 103.029 1.261
201710 1.002 103.424 1.239
201801 0.735 104.056 0.903
201804 0.694 105.320 0.842
201807 0.689 106.110 0.830
201810 0.657 105.952 0.793
201901 0.638 105.557 0.773
201904 0.632 107.453 0.752
201907 0.627 108.243 0.741
201910 0.497 107.927 0.589
202001 0.437 108.085 0.517
202004 0.403 107.216 0.481
202007 0.368 108.401 0.434
202010 0.314 108.638 0.369
202101 0.314 109.192 0.368
202104 0.352 110.851 0.406
202107 0.360 112.431 0.409
202110 0.355 113.695 0.399
202201 0.193 114.801 0.215
202204 0.074 118.357 0.080
202207 0.072 120.964 0.076
202210 0.068 121.517 0.072
202301 0.062 121.596 0.065
202304 0.066 123.571 0.068
202307 0.060 124.914 0.061
202310 0.038 125.310 0.039
202401 0.064 125.072 0.065
202404 0.060 126.890 0.060
202407 0.046 128.075 0.046
202410 0.033 127.838 0.033

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.


Clean Energy Transition  (TSXV:TRAN) 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.


Clean Energy Transition Cyclically Adjusted PB Ratio Related Terms

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


Clean Energy Transition Business Description

Traded in Other Exchanges
Address
150 King Street West, Suite 200, Toronto, ON, CAN, M5H 1J9
Clean Energy Transition Inc is engaged in the exploration and development of mineral properties in Canada. It is focused on its silica/quartz business with the Snow White Project in Ontario and the Silicon Ridge Project in Quebec. The silica in high-quality quartz can be used to make silicon metal, a key component in solar energy panels. It is also working on advancing low carbon production opportunities in the Critical Minerals division and through transition.inc working on new business opportunities related to the energy transition.

Clean Energy Transition Headlines

No Headlines