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Vertical Exploration (TSXV:VERT) Cyclically Adjusted PB Ratio : 3.00 (As of May. 26, 2024)


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What is Vertical Exploration Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Vertical Exploration's current share price is C$0.03. Vertical Exploration's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was C$0.01. Vertical Exploration's Cyclically Adjusted PB Ratio for today is 3.00.

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

TSXV:VERT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6.34
Current: 2.92

During the past years, Vertical Exploration's highest Cyclically Adjusted PB Ratio was 6.34. The lowest was 0.00. And the median was 0.00.

TSXV:VERT's Cyclically Adjusted PB Ratio is ranked worse than
80.47% of 1618 companies
in the Metals & Mining industry
Industry Median: 0.89 vs TSXV:VERT: 2.92

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.

Vertical Exploration's adjusted book value per share data for the three months ended in Nov. 2023 was C$0.038. 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$0.01 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vertical Exploration Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vertical Exploration'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.

Vertical Exploration Cyclically Adjusted PB Ratio Chart

Vertical Exploration Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.32 3.65 3.12 2.11

Vertical Exploration Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 2.13 2.11 2.68 4.36 6.80

Competitive Comparison of Vertical Exploration's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Vertical Exploration'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.


Vertical Exploration's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Vertical Exploration 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.

Vertical Exploration's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.03/0.01
=3.00

* 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.

Vertical Exploration's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, Vertical Exploration's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book=Book Value per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=0.038/125.4675*125.4675
=0.038

Current CPI (Nov. 2023) = 125.4675.

Vertical Exploration Quarterly Data

Book Value per Share CPI Adj_Book
201402 0.081 98.051 0.104
201405 0.089 99.394 0.112
201408 0.080 99.315 0.101
201411 0.071 99.078 0.090
201502 -0.042 99.078 -0.053
201505 0.000 100.263 0.000
201508 0.000 100.579 0.000
201511 -0.058 100.421 -0.072
201602 -0.071 100.421 -0.089
201605 -0.069 101.765 -0.085
201608 -0.071 101.686 -0.088
201611 -0.074 101.607 -0.091
201702 -0.076 102.476 -0.093
201705 -0.077 103.108 -0.094
201708 -0.072 103.108 -0.088
201711 0.008 103.740 0.010
201802 0.012 104.688 0.014
201805 0.014 105.399 0.017
201808 0.013 106.031 0.015
201811 0.017 105.478 0.020
201902 0.025 106.268 0.030
201905 0.023 107.927 0.027
201908 0.024 108.085 0.028
201911 0.022 107.769 0.026
202002 0.022 108.559 0.025
202005 0.021 107.532 0.025
202008 0.023 108.243 0.027
202011 0.022 108.796 0.025
202102 0.022 109.745 0.025
202105 0.023 111.404 0.026
202108 0.022 112.668 0.024
202111 0.031 113.932 0.034
202202 0.044 115.986 0.048
202205 0.043 120.016 0.045
202208 0.042 120.569 0.044
202211 0.041 121.675 0.042
202302 0.041 122.070 0.042
202305 0.040 124.045 0.040
202308 0.040 125.389 0.040
202311 0.038 125.468 0.038

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.


Vertical Exploration  (TSXV:VERT) 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.


Vertical Exploration Cyclically Adjusted PB Ratio Related Terms

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


Vertical Exploration (TSXV:VERT) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2
Vertical Exploration Inc is a junior mining company. It is engaged in the acquisition, exploration development, and evaluation of mineral properties in Canada. It has one project namely, St. Onge Wollastonite is located in Quebec, Canada.
Executives
Ernest Brisbane Director

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