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Zidane Capital (TSXV:ZZE.H) Cyclically Adjusted PB Ratio : 0.75 (As of Jun. 16, 2024)


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What is Zidane Capital Cyclically Adjusted PB Ratio?

As of today (2024-06-16), Zidane Capital's current share price is C$0.03. Zidane Capital's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$0.04. Zidane Capital's Cyclically Adjusted PB Ratio for today is 0.75.

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

TSXV:ZZE.H' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.78
Current: 0.68

During the past years, Zidane Capital's highest Cyclically Adjusted PB Ratio was 0.78. The lowest was 0.00. And the median was 0.00.

TSXV:ZZE.H's Cyclically Adjusted PB Ratio is ranked better than
60.82% of 97 companies
in the Diversified Financial Services industry
Industry Median: 0.95 vs TSXV:ZZE.H: 0.68

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.

Zidane Capital's adjusted book value per share data for the three months ended in Jan. 2024 was C$-0.012. 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$0.04 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zidane Capital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zidane Capital'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.

Zidane Capital Cyclically Adjusted PB Ratio Chart

Zidane Capital Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.05 0.89 0.43 0.90

Zidane Capital Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.43 0.54 0.67 0.77 0.90

Competitive Comparison of Zidane Capital's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, Zidane Capital'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.


Zidane Capital's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

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

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



Zidane Capital 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.

Zidane Capital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.03/0.04
=0.75

* 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.

Zidane Capital's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Zidane Capital's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.012/125.0724*125.0724
=-0.012

Current CPI (Jan. 2024) = 125.0724.

Zidane Capital Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.215 98.920 0.272
201407 0.207 99.315 0.261
201410 0.199 99.473 0.250
201501 0.189 98.209 0.241
201504 0.184 99.710 0.231
201507 0.176 100.579 0.219
201510 0.171 100.500 0.213
201601 0.147 100.184 0.184
201604 0.151 101.370 0.186
201607 0.160 101.844 0.196
201610 0.160 102.002 0.196
201701 0.117 102.318 0.143
201704 0.080 103.029 0.097
201707 0.058 103.029 0.070
201710 0.033 103.424 0.040
201801 0.002 104.056 0.002
201804 -0.029 105.320 -0.034
201807 -0.033 106.110 -0.039
201810 -0.042 105.952 -0.050
201901 -0.055 105.557 -0.065
201904 -0.058 107.453 -0.068
201907 -0.070 108.243 -0.081
201910 -0.082 107.927 -0.095
202001 -0.109 108.085 -0.126
202004 -0.123 107.216 -0.143
202007 -0.127 108.401 -0.147
202010 -0.143 108.638 -0.165
202101 0.002 109.192 0.002
202104 0.001 110.851 0.001
202107 0.000 112.431 0.000
202110 -0.001 113.695 -0.001
202201 -0.003 114.801 -0.003
202204 -0.004 118.357 -0.004
202207 -0.005 120.964 -0.005
202210 -0.006 121.517 -0.006
202301 -0.007 121.596 -0.007
202304 -0.008 123.571 -0.008
202307 -0.010 124.914 -0.010
202310 -0.011 125.310 -0.011
202401 -0.012 125.072 -0.012

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.


Zidane Capital  (TSXV:ZZE.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.


Zidane Capital Cyclically Adjusted PB Ratio Related Terms

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


Zidane Capital (TSXV:ZZE.H) Business Description

Traded in Other Exchanges
N/A
Address
889 West Pender Street, Suite 605, Vancouver, BC, CAN, V6C 3B2
Website
Zidane Capital Corp is a capital pool company.

Zidane Capital (TSXV:ZZE.H) Headlines

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