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ValOre Metals (TSXV:VO) Cyclically Adjusted PB Ratio : 0.06 (As of Jun. 04, 2024)


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What is ValOre Metals Cyclically Adjusted PB Ratio?

As of today (2024-06-04), ValOre Metals's current share price is C$0.065. ValOre Metals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$1.05. ValOre Metals's Cyclically Adjusted PB Ratio for today is 0.06.

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

TSXV:VO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.08
Current: 0.06

During the past years, ValOre Metals's highest Cyclically Adjusted PB Ratio was 0.08. The lowest was 0.00. And the median was 0.00.

TSXV:VO's Cyclically Adjusted PB Ratio is ranked better than
97.1% of 138 companies
in the Other Energy Sources industry
Industry Median: 1.58 vs TSXV:VO: 0.06

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.

ValOre Metals's adjusted book value per share data for the three months ended in Mar. 2024 was C$0.049. 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$1.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ValOre Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ValOre Metals'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.

ValOre Metals Cyclically Adjusted PB Ratio Chart

ValOre Metals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.19 0.26 0.28 0.05

ValOre Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 0.22 0.16 0.05 0.05 0.04

Competitive Comparison of ValOre Metals's Cyclically Adjusted PB Ratio

For the Uranium subindustry, ValOre Metals'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.


ValOre Metals's Cyclically Adjusted PB Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, ValOre Metals's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ValOre Metals 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.

ValOre Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.065/1.05
=0.06

* 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.

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

For example, ValOre Metals'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)
=0.049/126.2576*126.2576
=0.049

Current CPI (Mar. 2024) = 126.2576.

ValOre Metals Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.849 98.604 2.368
201406 1.839 99.473 2.334
201409 1.826 99.394 2.320
201412 1.810 98.367 2.323
201503 1.799 99.789 2.276
201506 1.694 100.500 2.128
201509 1.684 100.421 2.117
201512 1.684 99.947 2.127
201603 1.679 101.054 2.098
201606 1.681 102.002 2.081
201609 1.655 101.765 2.053
201612 1.649 101.449 2.052
201703 1.535 102.634 1.888
201706 1.526 103.029 1.870
201709 0.079 103.345 0.097
201712 1.513 103.345 1.848
201803 1.504 105.004 1.808
201806 1.497 105.557 1.791
201809 0.026 105.636 0.031
201812 1.480 105.399 1.773
201903 1.145 106.979 1.351
201906 1.140 107.690 1.337
201909 0.117 107.611 0.137
201912 0.107 107.769 0.125
202003 0.106 107.927 0.124
202006 0.101 108.401 0.118
202009 0.091 108.164 0.106
202012 0.077 108.559 0.090
202103 0.121 110.298 0.139
202106 0.111 111.720 0.125
202109 0.091 112.905 0.102
202112 0.139 113.774 0.154
202203 0.122 117.646 0.131
202206 0.076 120.806 0.079
202209 0.060 120.648 0.063
202212 0.051 120.964 0.053
202303 0.049 122.702 0.050
202309 0.053 125.230 0.053
202312 0.048 125.072 0.048
202403 0.049 126.258 0.049

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.


ValOre Metals  (TSXV:VO) 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.


ValOre Metals Cyclically Adjusted PB Ratio Related Terms

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


ValOre Metals (TSXV:VO) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 1020, Vancouver, BC, CAN, V6C 2V6
ValOre Metals Corp is a Canadian-based exploration-stage company. It focuses on the acquisition, exploration, and development of mineral resources. Pedra Branca, Angilak, Baffin Gold, Genesis and Hatchet Lake are some of the assets that the company possesses. It has two geographical segments that include Canada and Brazil.
Executives
James R. Paterson Director, Senior Officer

ValOre Metals (TSXV:VO) Headlines

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